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Entree Resources (TSX:ETG) EV-to-EBIT : -26.85 (As of Apr. 29, 2024)


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What is Entree Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Entree Resources's Enterprise Value is C$318.20 Mil. Entree Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-11.85 Mil. Therefore, Entree Resources's EV-to-EBIT for today is -26.85.

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

TSX:ETG' s EV-to-EBIT Range Over the Past 10 Years
Min: -29.23   Med: 0   Max: 0
Current: -26.85

TSX:ETG's EV-to-EBIT is ranked worse than
100% of 578 companies
in the Metals & Mining industry
Industry Median: 12.91 vs TSX:ETG: -26.85

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Entree Resources's Enterprise Value for the quarter that ended in Sep. 2023 was C$266.32 Mil. Entree Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-11.85 Mil. Entree Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -4.45%.


Entree Resources EV-to-EBIT Historical Data

The historical data trend for Entree Resources'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.

Entree Resources EV-to-EBIT Chart

Entree Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.23 -14.86 -17.41 -19.90 -20.38

Entree Resources 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 -19.90 -21.87 -19.68 -22.47 -

Competitive Comparison of Entree Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Entree Resources'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.


Entree Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Entree Resources EV-to-EBIT Calculation

Entree Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=318.196/-11.853
=-26.85

Entree Resources's current Enterprise Value is C$318.20 Mil.
Entree Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.85 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.


Entree Resources  (TSX:ETG) 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) %.

Entree Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-11.853/266.32028
=-4.45 %

Entree Resources's Enterprise Value for the quarter that ended in Sep. 2023 was C$266.32 Mil.
Entree Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.85 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.


Entree Resources EV-to-EBIT Related Terms

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Entree Resources (TSX:ETG) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Oceanic Plaza, Suite 1650, Vancouver, BC, CAN, V6E 3X1
Entree Resources Ltd is a Canadian mining company that owns a joint venture interest in a significant portion of the copper-gold-molybdenum deposit - the Oyu Tolgoi project in Mongolia. The company's interest in the Entree/Oyu Tolgoi joint venture has the characteristics of royalty, with the benefits of a producer. Entree's good financial position and high-quality asset portfolio provide a solid foundation and flexibility for growth.

Entree Resources (TSX:ETG) Headlines