Heavy Rare Earths (ASX:HRE) EV-to-EBITDA : (As of May. 22, 2024)

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What is Heavy Rare Earths EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Heavy Rare Earths's enterprise value is A$1.29 Mil. Heavy Rare Earths does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's EV-to-EBITDA at this moment.

The historical rank and industry rank for Heavy Rare Earths's EV-to-EBITDA or its related term are showing as below:

ASX:HRE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -3.6 Med: 0 Max: 0
Current: -2.63

ASX:HRE's EV-to-EBITDA is ranked worse than
100% of 614 companies
in the Metals & Mining industry
Industry Median: 10.61 vs ASX:HRE: -2.63

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-22), Heavy Rare Earths's stock price is A$0.037. Heavy Rare Earths does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's PE Ratio at this moment.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.

Heavy Rare Earths EV-to-EBITDA Historical Data

The historical data trend for Heavy Rare Earths's EV-to-EBITDA 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.

Heavy Rare Earths EV-to-EBITDA Chart

Heavy Rare Earths Annual Data

Trend

Jun23

EV-to-EBITDA

-2.21

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
EV-to-EBITDA	-	-	-

Competitive Comparison of Heavy Rare Earths's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.

Heavy Rare Earths's EV-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Heavy Rare Earths's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Heavy Rare Earths's EV-to-EBITDA falls into.

Heavy Rare Earths EV-to-EBITDA Calculation

Heavy Rare Earths's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA	=	Enterprise Value (Today)	/	EBITDA (TTM)
	=	1.291	/
	=

Heavy Rare Earths (ASX:HRE) EV-to-EBITDA Explanation

Heavy Rare Earths's PE Ratio for today is calculated as:

PE Ratio	=	Share Price (Today)	/	Earnings per Share (Diluted) (TTM)
	=	0.037	/
	=

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?

Heavy Rare Earths EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Heavy Rare Earths's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » EV-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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