Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heavy Rare Earths's Enterprise Value is A$1.09 Mil.
Heavy Rare Earths does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's EV-to-EBIT at this moment.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Heavy Rare Earths's Enterprise Value is A$1.09 Mil.
Heavy Rare Earths does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's EV-to-EBITDA at this moment.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Heavy Rare Earths's Enterprise Value is A$1.09 Mil.
Heavy Rare Earths does not have enough years/quarters to calculate its Revenue for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's EV-to-Revenue at this moment.
Heavy Rare Earths Enterprise Value Historical Data
The historical data trend for Heavy Rare Earths's Enterprise Value 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.
Heavy Rare Earths Enterprise Value Chart
Heavy Rare Earths Annual Data
Trend
Jun23
Enterprise Value
4.02
Heavy Rare Earths Semi-Annual Data
Jun22
Jun23
Dec23
Enterprise Value
-
4.02
2.79
Competitive Comparison of Heavy Rare Earths's Enterprise Value
For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Heavy Rare Earths's Enterprise Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Heavy Rare Earths's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Heavy Rare Earths's Enterprise Value falls into.
Heavy Rare Earths Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Heavy Rare Earths's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Heavy Rare Earths (ASX:HRE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
Heavy Rare Earths Enterprise Value Related Terms
Thank you for viewing the detailed overview of Heavy Rare Earths's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.
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