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First Atlantic Nickel (TSXV:FAN) EV-to-EBIT : -2.60 (As of May. 12, 2024)


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What is First Atlantic Nickel EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Atlantic Nickel's Enterprise Value is C$6.69 Mil. First Atlantic Nickel's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was C$-2.57 Mil. Therefore, First Atlantic Nickel's EV-to-EBIT for today is -2.60.

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

TSXV:FAN' s EV-to-EBIT Range Over the Past 10 Years
Min: -22.65   Med: 0   Max: 0
Current: -2.6

TSXV:FAN's EV-to-EBIT is ranked worse than
100% of 576 companies
in the Metals & Mining industry
Industry Median: 12.91 vs TSXV:FAN: -2.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Atlantic Nickel's Enterprise Value for the quarter that ended in Oct. 2023 was C$1.41 Mil. First Atlantic Nickel's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 was C$-2.57 Mil. First Atlantic Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 was -182.21%.


First Atlantic Nickel EV-to-EBIT Historical Data

The historical data trend for First Atlantic Nickel'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.

First Atlantic Nickel EV-to-EBIT Chart

First Atlantic Nickel Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.57 -5.03 -5.75 -9.55 -0.14

First Atlantic Nickel Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -5.18 -0.14 -1.22 -0.39 -0.55

Competitive Comparison of First Atlantic Nickel's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, First Atlantic Nickel'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.


First Atlantic Nickel's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where First Atlantic Nickel's EV-to-EBIT falls into.



First Atlantic Nickel EV-to-EBIT Calculation

First Atlantic Nickel's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6.691/-2.569
=-2.60

First Atlantic Nickel's current Enterprise Value is C$6.69 Mil.
First Atlantic Nickel's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.57 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.


First Atlantic Nickel  (TSXV:FAN) 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) %.

First Atlantic Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Oct. 2023 ) =EBIT / Enterprise Value (Q: Oct. 2023 )
=-2.569/1.4099475
=-182.21 %

First Atlantic Nickel's Enterprise Value for the quarter that ended in Oct. 2023 was C$1.41 Mil.
First Atlantic Nickel's EBIT for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.57 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.


First Atlantic Nickel EV-to-EBIT Related Terms

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First Atlantic Nickel (TSXV:FAN) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Avante Mining Corp, formerly ArcPacific Resources Corp is a Canadian-based exploration company expanding its exploration initiative on multiple projects which include past-producing gold and silver-gold-copper mines in the Timmins gold camp, in Ontario, and in the Nicola mining division in Southern British Columbia. The company is focused on creating shareholder value through new discoveries and strategic development of its mineral properties. ArcPacific owns a stake in the LMSL Copper Gold & Silver Project in British Columbia, Canada, which is known for its copper and gold deposits. The company also has exploratory properties in Canada, including the Blackdome gold project, which has revealed continuous gold mineralization.
Executives
Adrian Allister Smith Director, Senior Officer

First Atlantic Nickel (TSXV:FAN) Headlines