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Heritage Mining (XCNQ:HML) EV-to-EBITDA : -1.23 (As of May. 25, 2024)


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What is Heritage Mining EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Heritage Mining's enterprise value is C$3.38 Mil. Heritage Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$-2.75 Mil. Therefore, Heritage Mining's EV-to-EBITDA for today is -1.23.

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

XCNQ:HML' s EV-to-EBITDA Range Over the Past 10 Years
Min: -16.75   Med: 0   Max: 0
Current: -1.23

XCNQ:HML's EV-to-EBITDA is ranked worse than
100% of 613 companies
in the Metals & Mining industry
Industry Median: 10.38 vs XCNQ:HML: -1.23

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), Heritage Mining's stock price is C$0.06. Heritage Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.070. Therefore, Heritage Mining'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.


Heritage Mining EV-to-EBITDA Historical Data

The historical data trend for Heritage Mining'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.

Heritage Mining EV-to-EBITDA Chart

Heritage Mining Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBITDA
- -0.45 -0.77

Heritage Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.45 -0.96 -0.79 -0.70 -0.77

Competitive Comparison of Heritage Mining's EV-to-EBITDA

For the Other Precious Metals & Mining subindustry, Heritage Mining'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.


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

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

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



Heritage Mining EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3.378/-2.747
=-1.23

Heritage Mining's current Enterprise Value is C$3.38 Mil.
Heritage Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.75 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.


Heritage Mining  (XCNQ:HML) 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.

Heritage Mining's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.06/-0.070
=At Loss

Heritage Mining's share price for today is C$0.06.
Heritage Mining's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.070.

* 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?


Heritage Mining EV-to-EBITDA Related Terms

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


Heritage Mining (XCNQ:HML) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1700, Vancouver, BC, CAN, V6E 2E9
Website
Heritage Mining Ltd is engaged in the business of exploration for gold and other metals across Canada. The company's principal objectives are to explore and develop the Drayton - Black Lake Property and to identify other properties worthy of investment and exploration. The Drayton - Black Lake Project consists of 720 mining claims located in the Patricia Mining Division totaling approximately 14,921.18 hectares.
Executives
Peter Schloo Director, Senior Officer

Heritage Mining (XCNQ:HML) Headlines

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