Fortress Minerals (SGX:OAJ) EV-to-EBIT : 7.74 (As of May. 27, 2024)

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What is Fortress Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortress Minerals's Enterprise Value is S$164.29 Mil. Fortress Minerals's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was S$21.23 Mil. Therefore, Fortress Minerals's EV-to-EBIT for today is 7.74.

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

SGX:OAJ' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.2 Med: 7.17 Max: 12.68
Current: 7.74

During the past 8 years, the highest EV-to-EBIT of Fortress Minerals was 12.68. The lowest was 3.20. And the median was 7.17.

SGX:OAJ's EV-to-EBIT is ranked better than
67.2% of 500 companies
in the Steel industry
Industry Median: 11.6 vs SGX:OAJ: 7.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortress Minerals's Enterprise Value for the quarter that ended in Aug. 2023 was S$172.10 Mil. Fortress Minerals's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was S$21.23 Mil. Fortress Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 12.34%.

Fortress Minerals EV-to-EBIT Historical Data

The historical data trend for Fortress 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.

Fortress Minerals EV-to-EBIT Chart

Fortress Minerals Annual Data

Trend

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

EV-to-EBIT

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6.88

4.91

8.74

8.54

Fortress Minerals Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
EV-to-EBIT	Get a 7-Day Free Trial															7.47	6.99	8.54	8.88	8.11

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

For the Steel subindustry, Fortress 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.

Fortress Minerals's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fortress Minerals's EV-to-EBIT distribution charts can be found below:

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

Fortress Minerals EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	164.288	/	21.233
	=	7.74

Fortress Minerals's current Enterprise Value is S$164.29 Mil.
Fortress Minerals's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was S$21.23 Mil.

Fortress Minerals (SGX:OAJ) 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) %.

Fortress Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Aug. 2023 )	=	EBIT	/	Enterprise Value (Q: Aug. 2023 )
	=	21.233	/	172.09912
	=	12.34 %

Fortress Minerals's Enterprise Value for the quarter that ended in Aug. 2023 was S$172.10 Mil.
Fortress Minerals's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was S$21.23 Mil.

Fortress Minerals EV-to-EBIT Related Terms

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

Fortress Minerals (SGX:OAJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Fortress Minerals Ltd (SGX:OAJ) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

9-1, Jalan PJS 8/18, Dataran Mentari, Petaling Jaya, SGR, MYS, 46150

Website

https://www.fortress.sg

Fortress Minerals Ltd is an iron ore concentrate miner and exporter in Malaysia. The company engages in exploration, mining, production, and sale of iron ore with low level of impurities. It mines the iron ore from its East, Valley and West Deposits of Bukit Besi Mine situated in the district of Dungun, state of Terengganu in Malaysia. It derives revenue from sale of iron ore.

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