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Equinox Gold (TSX:EQX) EV-to-EBITDA : 9.64 (As of May. 01, 2024)


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What is Equinox Gold EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Equinox Gold's enterprise value is C$3,782 Mil. Equinox Gold's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$392 Mil. Therefore, Equinox Gold's EV-to-EBITDA for today is 9.64.

The historical rank and industry rank for Equinox Gold's EV-to-EBITDA or its related term are showing as below:

TSX:EQX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -282.56   Med: 6.87   Max: 186.61
Current: 9.64

During the past 13 years, the highest EV-to-EBITDA of Equinox Gold was 186.61. The lowest was -282.56. And the median was 6.87.

TSX:EQX's EV-to-EBITDA is ranked better than
52.02% of 619 companies
in the Metals & Mining industry
Industry Median: 10.08 vs TSX:EQX: 9.64

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-01), Equinox Gold's stock price is C$7.45. Equinox Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.122. Therefore, Equinox Gold's PE Ratio for today is 61.07.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Equinox Gold EV-to-EBITDA Historical Data

The historical data trend for Equinox Gold's EV-to-EBITDA 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.

Equinox Gold EV-to-EBITDA Chart

Equinox Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.33 11.48 2.63 12.29 7.51

Equinox Gold Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 12.29 12.47 8.36 7.35 7.51

Competitive Comparison of Equinox Gold's EV-to-EBITDA

For the Gold subindustry, Equinox Gold's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Equinox Gold's EV-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Equinox Gold's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Equinox Gold's EV-to-EBITDA falls into.



Equinox Gold EV-to-EBITDA Calculation

Equinox Gold's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3781.683/392.252
=9.64

Equinox Gold's current Enterprise Value is C$3,782 Mil.
Equinox Gold's EBITDA 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$392 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.


Equinox Gold  (TSX:EQX) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Equinox Gold's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.45/0.122
=61.07

Equinox Gold's share price for today is C$7.45.
Equinox Gold's Earnings per Share (Diluted) 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$0.122.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Equinox Gold EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Equinox Gold's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Equinox Gold (TSX:EQX) Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1501, Vancouver, BC, CAN, V6C 1G8
Equinox Gold Corp is a mining company engaged in the operation, acquisition, exploration and development of mineral properties, with a focus on gold. Equinox Gold has around seven operating gold mines and a clear plan to increase production by advancing a pipeline of growth projects.