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Noronex (ASX:NRX) EV-to-EBITDA : -2.01 (As of Jun. 03, 2024)


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What is Noronex EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Noronex's enterprise value is A$6.46 Mil. Noronex's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.21 Mil. Therefore, Noronex's EV-to-EBITDA for today is -2.01.

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

ASX:NRX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -35.2   Med: 0   Max: 0
Current: -2.01

ASX:NRX's EV-to-EBITDA is ranked worse than
100% of 613 companies
in the Metals & Mining industry
Industry Median: 10.22 vs ASX:NRX: -2.01

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 (2024-06-03), Noronex's stock price is A$0.014. Noronex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.010. Therefore, Noronex'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.


Noronex EV-to-EBITDA Historical Data

The historical data trend for Noronex'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.

Noronex EV-to-EBITDA Chart

Noronex Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial 0.19 -0.02 -9.24 -0.95 -1.01

Noronex Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.95 - -1.01 -

Competitive Comparison of Noronex's EV-to-EBITDA

For the Copper subindustry, Noronex'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.


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

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

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



Noronex EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6.457/-3.206
=-2.01

Noronex's current Enterprise Value is A$6.46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Noronex's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.21 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.


Noronex  (ASX:NRX) 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.

Noronex's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.014/-0.010
=At Loss

Noronex's share price for today is A$0.014.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Noronex's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.010.

* 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?


Noronex EV-to-EBITDA Related Terms

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


Noronex (ASX:NRX) Business Description

Traded in Other Exchanges
N/A
Address
295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 60008
Noronex Ltd is a mineral exploration company, identifying projects in Australia. The company holds a portfolio of high-grade copper projects in Canada and an option to acquire three prospecting licences that are prospective for sedimentary Cu-Ag mineralization along the prolific Kalahari Copper Belt that spans Namibia and Botswana.

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