Lightning Minerals (ASX:L1M) EV-to-EBIT : (As of May. 25, 2024)

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What is Lightning Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lightning Minerals's Enterprise Value is A$2.08 Mil. Lightning Minerals does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Lightning Minerals's EV-to-EBIT at this moment.

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

ASX:L1M' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.59 Med: 0 Max: 0.63
Current: -1

During the past 1 years, the highest EV-to-EBIT of Lightning Minerals was 0.63. The lowest was -1.59. And the median was 0.00.

ASX:L1M's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs ASX:L1M: -1.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lightning Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$4.47 Mil. Lightning Minerals does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Lightning Minerals's Earnings Yield (Joel Greenblatt) % at this moment.

Lightning Minerals EV-to-EBIT Historical Data

The historical data trend for Lightning Minerals'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.

Lightning Minerals EV-to-EBIT Chart

Lightning Minerals Annual Data

Trend

Jun23

EV-to-EBIT

-1.45

Lightning Minerals Semi-Annual Data
	Dec22	Jun23	Dec23
EV-to-EBIT	-	-	-

Competitive Comparison of Lightning Minerals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Lightning Minerals'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.

Lightning Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Lightning Minerals EV-to-EBIT Calculation

Lightning Minerals's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	2.078	/
	=

Lightning Minerals (ASX:L1M) 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) %.

Lightning Minerals'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 )
	=		/	4.47196
	=	%

Lightning Minerals EV-to-EBIT Related Terms

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

Lightning Minerals (ASX:L1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lightning Minerals Ltd (ASX:L1M) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Little Collins Street,, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.lightningminerals.com.au

Lightning Minerals Ltd is a mining exploration company. Its exploration is focused on battery minerals such as Lithium, Nickel, Cobalt, Copper, and PGEs. It holds interest in Dundas Project; Mailman Hill Project; Mount Jewell Project; and Mt Bartle Project. Lightning Minerals sees a growing demand for Lithium, Nickel, Cobalt, Copper, and PGEs. Exploration is focused on fulfilling this critical minerals deficit.

Lightning Minerals (ASX:L1M) Headlines

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