Deterra Royalties (ASX:DRR) EV-to-EBIT : 10.79 (As of May. 08, 2024)

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What is Deterra Royalties EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Deterra Royalties's Enterprise Value is A$2,613.6 Mil. Deterra Royalties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$242.1 Mil. Therefore, Deterra Royalties's EV-to-EBIT for today is 10.79.

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

ASX:DRR' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.14 Med: 11.61 Max: 17.94
Current: 10.79

During the past 3 years, the highest EV-to-EBIT of Deterra Royalties was 17.94. The lowest was 8.14. And the median was 11.61.

ASX:DRR's EV-to-EBIT is ranked better than
57.22% of 575 companies
in the Metals & Mining industry
Industry Median: 12.84 vs ASX:DRR: 10.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Deterra Royalties's Enterprise Value for the quarter that ended in Dec. 2023 was A$2,761.6 Mil. Deterra Royalties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$242.1 Mil. Deterra Royalties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.77%.

Deterra Royalties EV-to-EBIT Historical Data

The historical data trend for Deterra Royalties'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.

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Deterra Royalties EV-to-EBIT Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

EV-to-EBIT

16.59

8.63

10.91

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial			-	8.63	-	10.91	-

Competitive Comparison of Deterra Royalties's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Deterra Royalties'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.

Deterra Royalties's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Deterra Royalties EV-to-EBIT Calculation

Deterra Royalties's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	2613.560	/	242.148
	=	10.79

Deterra Royalties's current Enterprise Value is A$2,613.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deterra Royalties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$242.1 Mil.

Deterra Royalties (ASX:DRR) 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) %.

Deterra Royalties'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 )
	=	242.148	/	2761.5845
	=	8.77 %

Deterra Royalties's Enterprise Value for the quarter that ended in Dec. 2023 was A$2,761.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deterra Royalties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$242.1 Mil.

Deterra Royalties EV-to-EBIT Related Terms

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

Deterra Royalties (ASX:DRR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.