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Altius Minerals (TSX:ALS) EV-to-EBIT : 41.01 (As of Apr. 27, 2024)


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What is Altius Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Altius Minerals's Enterprise Value is C$1,008.65 Mil. Altius Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$24.59 Mil. Therefore, Altius Minerals's EV-to-EBIT for today is 41.01.

The historical rank and industry rank for Altius Minerals's EV-to-EBIT or its related term are showing as below:

TSX:ALS' s EV-to-EBIT Range Over the Past 10 Years
Min: -146.9   Med: 17.14   Max: 262.32
Current: 41.02

During the past 13 years, the highest EV-to-EBIT of Altius Minerals was 262.32. The lowest was -146.90. And the median was 17.14.

TSX:ALS's EV-to-EBIT is ranked worse than
86.48% of 577 companies
in the Metals & Mining industry
Industry Median: 12.76 vs TSX:ALS: 41.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Altius Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was C$973.73 Mil. Altius Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$24.59 Mil. Altius Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.53%.


Altius Minerals EV-to-EBIT Historical Data

The historical data trend for Altius Minerals's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Altius Minerals EV-to-EBIT Chart

Altius Minerals Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.14 -69.13 17.02 20.70 39.59

Altius Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.70 23.61 25.65 32.61 39.59

Competitive Comparison of Altius Minerals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Altius Minerals's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Altius Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Altius Minerals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Altius Minerals's EV-to-EBIT falls into.



Altius Minerals EV-to-EBIT Calculation

Altius Minerals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1008.654/24.593
=41.01

Altius Minerals's current Enterprise Value is C$1,008.65 Mil.
Altius Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$24.59 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altius Minerals  (TSX:ALS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Altius Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=24.593/973.730108
=2.53 %

Altius Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was C$973.73 Mil.
Altius Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$24.59 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Altius Minerals EV-to-EBIT Related Terms

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Altius Minerals (TSX:ALS) Business Description

Traded in Other Exchanges
Address
38 Duffy Place, 2nd Floor, St. John's, NL, CAN, A1B 4M5
Altius Minerals Corp is engaged in the business of obtaining diversified mining royalty. It holds interests in mining operations that produce metals and minerals such as copper, zinc, nickel, cobalt, gold, silver, and potash. The corporation also holds other pre-development stage royalty interests and various earlier stage royalties. It is engaged in the operating segments of Mineral Royalties, Renewable Royalties and Project Generation.

Altius Minerals (TSX:ALS) Headlines

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