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Trinex Minerals (ASX:TX3) EV-to-EBIT : -0.63 (As of May. 24, 2024)


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What is Trinex Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Trinex Minerals's Enterprise Value is A$2.32 Mil. Trinex Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.67 Mil. Therefore, Trinex Minerals's EV-to-EBIT for today is -0.63.

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

ASX:TX3' s EV-to-EBIT Range Over the Past 10 Years
Min: -10.49   Med: 0   Max: 0.06
Current: -0.63

During the past 7 years, the highest EV-to-EBIT of Trinex Minerals was 0.06. The lowest was -10.49. And the median was 0.00.

ASX:TX3's EV-to-EBIT is ranked worse than
100% of 567 companies
in the Metals & Mining industry
Industry Median: 13.15 vs ASX:TX3: -0.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Trinex Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$8.78 Mil. Trinex Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.67 Mil. Trinex Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -41.82%.


Trinex Minerals EV-to-EBIT Historical Data

The historical data trend for Trinex 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.

Trinex Minerals EV-to-EBIT Chart

Trinex Minerals Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial -2.22 -1.15 -6.83 -2.33 -1.33

Trinex Minerals 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 - -2.33 - -1.33 -

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

For the Other Industrial Metals & Mining subindustry, Trinex 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.


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

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

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



Trinex Minerals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.321/-3.67
=-0.63

Trinex Minerals's current Enterprise Value is A$2.32 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Trinex Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.67 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.


Trinex Minerals  (ASX:TX3) 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) %.

Trinex 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 )
=-3.67/8.77616
=-41.82 %

Trinex Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$8.78 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Trinex Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.67 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.


Trinex Minerals EV-to-EBIT Related Terms

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


Trinex Minerals (ASX:TX3) Business Description

Traded in Other Exchanges
N/A
Address
128 Churchill Ave, Subiaco, Perth, WA, AUS, 6008
Trinex Minerals Ltd is an Australian-based resources company exploring for critical minerals, which are essential for the future transition towards clean energy. The company holds several lithium focused projects in Canada, a base metals resource at its Mt Hardy Project in the Northern Territory, several exciting projects in Western Australia and South Australia.

Trinex Minerals (ASX:TX3) Headlines

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