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Magmatic Resources (ASX:MAG) EV-to-EBIT : -5.53 (As of May. 27, 2024)


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What is Magmatic Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Magmatic Resources's Enterprise Value is A$32.22 Mil. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.83 Mil. Therefore, Magmatic Resources's EV-to-EBIT for today is -5.53.

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

ASX:MAG' s EV-to-EBIT Range Over the Past 10 Years
Min: -35.03   Med: 0   Max: 36.96
Current: -5.53

During the past 7 years, the highest EV-to-EBIT of Magmatic Resources was 36.96. The lowest was -35.03. And the median was 0.00.

ASX:MAG's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs ASX:MAG: -5.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Magmatic Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$14.75 Mil. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.83 Mil. Magmatic Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -39.48%.


Magmatic Resources EV-to-EBIT Historical Data

The historical data trend for Magmatic Resources'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.

Magmatic Resources EV-to-EBIT Chart

Magmatic Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial -0.77 -8.13 17.94 -2.73 -3.29

Magmatic Resources Semi-Annual Data
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 - -2.73 - -3.29 -

Competitive Comparison of Magmatic Resources's EV-to-EBIT

For the Gold subindustry, Magmatic Resources'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.


Magmatic Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Magmatic Resources EV-to-EBIT Calculation

Magmatic Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32.215/-5.825
=-5.53

Magmatic Resources's current Enterprise Value is A$32.22 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.83 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.


Magmatic Resources  (ASX:MAG) 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) %.

Magmatic Resources'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 )
=-5.825/14.754957
=-39.48 %

Magmatic Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$14.75 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-5.83 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.


Magmatic Resources EV-to-EBIT Related Terms

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


Magmatic Resources (ASX:MAG) Business Description

Traded in Other Exchanges
N/A
Address
55 Hampden Road, Suite 7, Nedlands, Perth, WA, AUS, 6009
Magmatic Resources Ltd is an Australian focused mineral exploration company. The projects include Wellington North Gold and Copper-Gold Project, Parkes Project, Myall Gold-Copper Project, and Base Metals Project It operates in one segment being gold exploration projects in Australia.