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Tianqi Lithium (HKSE:09696) EV-to-EBITDA : 4.09 (As of May. 13, 2024)


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What is Tianqi Lithium EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tianqi Lithium's enterprise value is HK$56,523 Mil. Tianqi Lithium's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$13,818 Mil. Therefore, Tianqi Lithium's EV-to-EBITDA for today is 4.09.

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

HKSE:09696' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.65   Med: 2.1   Max: 8.54
Current: 4.09

During the past 5 years, the highest EV-to-EBITDA of Tianqi Lithium was 8.54. The lowest was 1.65. And the median was 2.10.

HKSE:09696's EV-to-EBITDA is ranked better than
78.88% of 625 companies
in the Metals & Mining industry
Industry Median: 9.66 vs HKSE:09696: 4.09

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 (2024-05-13), Tianqi Lithium's stock price is HK$32.05. Tianqi Lithium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2.251. Therefore, Tianqi Lithium's PE Ratio for today is 14.24.

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


Tianqi Lithium EV-to-EBITDA Historical Data

The historical data trend for Tianqi Lithium'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.

Tianqi Lithium EV-to-EBITDA Chart

Tianqi Lithium Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - - 2.00 1.86

Tianqi Lithium Quarterly Data
Dec19 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 3.29 2.90 1.86 -

Competitive Comparison of Tianqi Lithium's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Tianqi Lithium'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.


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

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

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



Tianqi Lithium EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=56523.030/13818.333
=4.09

Tianqi Lithium's current Enterprise Value is HK$56,523 Mil.
Tianqi Lithium's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$13,818 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.


Tianqi Lithium  (HKSE:09696) 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.

Tianqi Lithium's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.05/2.251
=14.24

Tianqi Lithium's share price for today is HK$32.05.
Tianqi Lithium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was HK$2.251.

* 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?


Tianqi Lithium EV-to-EBITDA Related Terms

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


Tianqi Lithium (HKSE:09696) Business Description

Traded in Other Exchanges
Address
No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN
Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium (HKSE:09696) Headlines

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