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Ares Asia (HKSE:00645) EV-to-EBITDA : -2.75 (As of May. 25, 2024)


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What is Ares Asia EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ares Asia's enterprise value is HK$23.7 Mil. Ares Asia's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-8.6 Mil. Therefore, Ares Asia's EV-to-EBITDA for today is -2.75.

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

HKSE:00645' s EV-to-EBITDA Range Over the Past 10 Years
Min: -91.18   Med: -4.82   Max: 108.29
Current: -2.75

During the past 13 years, the highest EV-to-EBITDA of Ares Asia was 108.29. The lowest was -91.18. And the median was -4.82.

HKSE:00645's EV-to-EBITDA is ranked worse than
100% of 111 companies
in the Other Energy Sources industry
Industry Median: 6.32 vs HKSE:00645: -2.75

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 (2024-05-25), Ares Asia's stock price is HK$0.11. Ares Asia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.018. Therefore, Ares Asia'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.


Ares Asia EV-to-EBITDA Historical Data

The historical data trend for Ares Asia'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.

Ares Asia EV-to-EBITDA Chart

Ares Asia Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.33 161.87 -23.51 -4.82 -14.11

Ares Asia Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
EV-to-EBITDA 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 - -4.82 - -14.11 -

Competitive Comparison of Ares Asia's EV-to-EBITDA

For the Thermal Coal subindustry, Ares Asia'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.


Ares Asia's EV-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Ares Asia's EV-to-EBITDA distribution charts can be found below:

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



Ares Asia EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=23.711/-8.63
=-2.75

Ares Asia's current Enterprise Value is HK$23.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ares Asia's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-8.6 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.


Ares Asia  (HKSE:00645) 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.

Ares Asia's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.11/-0.018
=At Loss

Ares Asia's share price for today is HK$0.11.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ares Asia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was HK$-0.018.

* 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?


Ares Asia EV-to-EBITDA Related Terms

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


Ares Asia (HKSE:00645) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit No. 9608, Level 96, International Commerce Centre, Kowloon, Hong Kong, HKG
Ares Asia Ltd is an investment holding company. The group is principally engaged in the business of coal trading, entailing the selling of coal purchased from various countries to Mainland China and other commodities trading, which encompasses supply chain management and risk management service. Its business falls under the primary segment of Coal and other trading. Geographically, the group has a business presence in Mainland China, Hong Kong, and other countries, of which maximum revenue is derived from Mainland China.
Executives
Reignwood International Holdings Company Limited 2101 Beneficial owner
Ruayrungruang Chanchai 2201 Interest of corporation controlled by you

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