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Tasman Resources (ASX:TAS) EV-to-EBIT : -1.75 (As of May. 25, 2024)


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What is Tasman Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tasman Resources's Enterprise Value is A$13.76 Mil. Tasman Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.86 Mil. Therefore, Tasman Resources's EV-to-EBIT for today is -1.75.

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

ASX:TAS' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.24   Med: -3.53   Max: -0.81
Current: -1.75

During the past 13 years, the highest EV-to-EBIT of Tasman Resources was -0.81. The lowest was -21.24. And the median was -3.53.

ASX:TAS's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs ASX:TAS: -1.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tasman Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$19.56 Mil. Tasman Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.86 Mil. Tasman Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -40.17%.


Tasman Resources EV-to-EBIT Historical Data

The historical data trend for Tasman 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.

Tasman Resources EV-to-EBIT Chart

Tasman Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -3.07 -5.35 -3.59 -0.90

Tasman Resources 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 - -3.59 - -0.90 -

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

For the Other Industrial Metals & Mining subindustry, Tasman 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.


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

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

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



Tasman Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13.761/-7.857
=-1.75

Tasman Resources's current Enterprise Value is A$13.76 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tasman Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.86 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.


Tasman Resources  (ASX:TAS) 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) %.

Tasman 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 )
=-7.857/19.561014
=-40.17 %

Tasman Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$19.56 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tasman Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-7.86 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.


Tasman Resources EV-to-EBIT Related Terms

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


Tasman Resources (ASX:TAS) Business Description

Traded in Other Exchanges
Address
197 St Georges Terrace, Level 15, Perth, WA, AUS, 6000
Tasman Resources Ltd is an Australian exploration company. The company is focusing on exploration projects with the potential to deposit a wide range of precious and base metals including gold, silver, copper, zinc, nickel, and uranium. Its projects are Lake Torrens Project, Pernatty Project and Vulcan prospect. The company's segments include Tasman Resources Ltd and Eden Innovations. It generates maximum revenue from the Eden Innovations segment.

Tasman Resources (ASX:TAS) Headlines

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