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Midas Minerals (ASX:MM1) EV-to-EBITDA : -1.03 (As of May. 31, 2024)


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What is Midas Minerals EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Midas Minerals's enterprise value is A$5.49 Mil. Midas Minerals's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was A$-5.32 Mil. Therefore, Midas Minerals's EV-to-EBITDA for today is -1.03.

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

ASX:MM1' s EV-to-EBITDA Range Over the Past 10 Years
Min: -32.56   Med: 0   Max: 0
Current: -1.05

ASX:MM1's EV-to-EBITDA is ranked worse than
100% of 613 companies
in the Metals & Mining industry
Industry Median: 10.16 vs ASX:MM1: -1.05

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 (2024-05-31), Midas Minerals's stock price is A$0.065. Midas Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.069. Therefore, Midas Minerals's PE Ratio for today is At Loss.

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


Midas Minerals EV-to-EBITDA Historical Data

The historical data trend for Midas Minerals'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.

Midas Minerals EV-to-EBITDA Chart

Midas Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- -2.51 -6.21 -2.05

Midas Minerals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA -2.51 - -6.21 - -2.05

Competitive Comparison of Midas Minerals's EV-to-EBITDA

For the Other Precious Metals & Mining subindustry, Midas Minerals'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.


Midas Minerals's EV-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Midas Minerals EV-to-EBITDA Calculation

Midas Minerals's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5.494/-5.318
=-1.03

Midas Minerals's current Enterprise Value is A$5.49 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was A$-5.32 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.


Midas Minerals  (ASX:MM1) EV-to-EBITDA Explanation

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.

Midas Minerals's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.065/-0.069
=At Loss

Midas Minerals's share price for today is A$0.065.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.069.

* 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.

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?


Midas Minerals EV-to-EBITDA Related Terms

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


Midas Minerals (ASX:MM1) Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Midas Minerals Ltd is an emerging mineral exploration company focused on advancing projects in the prospective Yilgarn Craton of Western Australia. Its primary focus is gold however, the Weebo project is also prospective for nickel and the Challa project has potential for, copper, nickel, base metals, silver, and lithium.

Midas Minerals (ASX:MM1) Headlines

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