New Found Gold (TSXV:NFG) EV-to-EBITDA : -11.13 (As of May. 01, 2024)

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What is New Found Gold EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, New Found Gold's enterprise value is C$878.67 Mil. New Found Gold's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$-78.92 Mil. Therefore, New Found Gold's EV-to-EBITDA for today is -11.13.

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

TSXV:NFG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -131.15 Med: 0 Max: 0
Current: -11.13

TSXV:NFG's EV-to-EBITDA is ranked worse than
100% of 619 companies
in the Metals & Mining industry
Industry Median: 10.08 vs TSXV:NFG: -11.13

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), New Found Gold's stock price is C$4.94. New Found Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.440. Therefore, New Found Gold's PE Ratio for today is At Loss.

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

New Found Gold EV-to-EBITDA Historical Data

The historical data trend for New Found 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.

New Found Gold EV-to-EBITDA Chart

New Found Gold Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBITDA

-16.55

-26.89

-9.72

-10.33

New Found Gold Quarterly Data
	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														-9.72	-12.80	-14.29	-11.73	-10.33

Competitive Comparison of New Found Gold's EV-to-EBITDA

For the Gold subindustry, New Found 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.

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

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

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

New Found Gold EV-to-EBITDA Calculation

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

EV-to-EBITDA	=	Enterprise Value (Today)	/	EBITDA (TTM)
	=	878.672	/	-78.923
	=	-11.13

New Found Gold's current Enterprise Value is C$878.67 Mil.
New Found Gold's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-78.92 Mil.

New Found Gold (TSXV:NFG) EV-to-EBITDA Explanation

New Found Gold's PE Ratio for today is calculated as:

PE Ratio	=	Share Price (Today)	/	Earnings per Share (Diluted) (TTM)
	=	4.94	/	-0.440
	=	At Loss

New Found Gold's share price for today is C$4.94.
New Found Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.440.

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?

New Found Gold EV-to-EBITDA Related Terms

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

New Found Gold (TSXV:NFG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Found Gold Corp (TSXV:NFG) » Definitions » EV-to-EBITDA

Comparable Companies

Traded in Other Exchanges

NFGC:USA 5QG:Germany

Address

1600 - 595 Burrard Street, Vancouver, BC, CAN, V6C 2V6

Website

https://www.newfoundgold.ca

New Found Gold Corp is a mineral exploration company engaged in the acquisition, exploration and evaluation of resource properties with a focus on gold properties located in the Provinces of Newfoundland and Labrador and Ontario, Canada. The Company's exploration is focused on discovering and delineating gold resources. The Company has one material property: the Queensway Project located in Newfoundland, Canada (the Queensway Project).