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Aspire Mining (ASX:AKM) EV-to-EBIT : -35.83 (As of May. 22, 2024)


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What is Aspire Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aspire Mining's Enterprise Value is A$92.88 Mil. Aspire Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.59 Mil. Therefore, Aspire Mining's EV-to-EBIT for today is -35.83.

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

ASX:AKM' s EV-to-EBIT Range Over the Past 10 Years
Min: -35.83   Med: -5.11   Max: -3.85
Current: -35.83

During the past 13 years, the highest EV-to-EBIT of Aspire Mining was -3.85. The lowest was -35.83. And the median was -5.11.

ASX:AKM's EV-to-EBIT is ranked worse than
100% of 500 companies
in the Steel industry
Industry Median: 11.62 vs ASX:AKM: -35.83

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aspire Mining's Enterprise Value for the quarter that ended in Dec. 2023 was A$36.63 Mil. Aspire Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.59 Mil. Aspire Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -7.08%.


Aspire Mining EV-to-EBIT Historical Data

The historical data trend for Aspire Mining'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.

Aspire Mining EV-to-EBIT Chart

Aspire Mining Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.20 -6.86 -0.40 -0.63 24.35

Aspire Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 24.35 - -2.79 -

Competitive Comparison of Aspire Mining's EV-to-EBIT

For the Coking Coal subindustry, Aspire Mining'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.


Aspire Mining's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Aspire Mining's EV-to-EBIT distribution charts can be found below:

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



Aspire Mining EV-to-EBIT Calculation

Aspire Mining's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=92.879/-2.592
=-35.83

Aspire Mining's current Enterprise Value is A$92.88 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aspire Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.59 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.


Aspire Mining  (ASX:AKM) 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) %.

Aspire Mining'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 )
=-2.592/36.628885
=-7.08 %

Aspire Mining's Enterprise Value for the quarter that ended in Dec. 2023 was A$36.63 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aspire Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.59 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.


Aspire Mining EV-to-EBIT Related Terms

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


Aspire Mining (ASX:AKM) Business Description

Traded in Other Exchanges
Address
126-130 Phillip Street, Level 5, Sydney, NSW, AUS, 6000
Aspire Mining Ltd is a mineral exploration and development company. It principally engages in the business of exploring coal and progresses on the approval process for the development and funding of a rail line in northern Mongolia. It holds interests in various assets that are located in Mongolia. The company's segments include Australia, Mongolia, and Singapore. It also holds an interest in other projects such as the Ovoot coking coal, Nuurstei coal and coking coal market. The Ovoot project is a large-scale coking coal project. Majority of the company's revenue comes from Australian segment.

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