GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Flying Nickel Mining Corp (TSXV:FLYN) » Definitions » EV-to-EBIT

Flying Nickel Mining (TSXV:FLYN) EV-to-EBIT : (As of May. 08, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Flying Nickel Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Flying Nickel Mining's Enterprise Value is C$10.87 Mil. Flying Nickel Mining does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Flying Nickel Mining's EV-to-EBIT at this moment.

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

TSXV:FLYN' s EV-to-EBIT Range Over the Past 10 Years
Min: -33.23   Med: 0   Max: 0
Current: -18.2

TSXV:FLYN's EV-to-EBIT is ranked worse than
100% of 572 companies
in the Metals & Mining industry
Industry Median: 12.95 vs TSXV:FLYN: -18.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Flying Nickel Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$9.99 Mil. Flying Nickel Mining does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Flying Nickel Mining's Earnings Yield (Joel Greenblatt) % at this moment.


Flying Nickel Mining EV-to-EBIT Historical Data

The historical data trend for Flying Nickel Mining'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.

Flying Nickel Mining EV-to-EBIT Chart

Flying Nickel Mining Annual Data
Trend
EV-to-EBIT

Flying Nickel Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - - -3.04 -20.51 -16.73

Competitive Comparison of Flying Nickel Mining's EV-to-EBIT

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


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

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

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



Flying Nickel Mining EV-to-EBIT Calculation

Flying Nickel Mining's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10.866/
=


Flying Nickel Mining  (TSXV:FLYN) 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) %.

Flying Nickel Mining'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 )
=/9.985776
= %


Flying Nickel Mining EV-to-EBIT Related Terms

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


Flying Nickel Mining (TSXV:FLYN) Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1610, Vancouver, BC, CAN, V6C 1T2
Flying Nickel Mining Corp is a premier nickel sulphide mining and exploration company. It holds interests in the Minago Project located in Manitoba's Thompson Nickel Belt in Canada.
Executives
John Lee Director, Senior Officer

Flying Nickel Mining (TSXV:FLYN) Headlines

No Headlines