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Midas Minerals (ASX:MM1) EV-to-FCF : -1.45 (As of May. 31, 2024)


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What is Midas Minerals EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Midas Minerals's Enterprise Value is A$5.49 Mil. Midas Minerals's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2023 was A$-3.80 Mil. Therefore, Midas Minerals's EV-to-FCF for today is -1.45.

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

ASX:MM1' s EV-to-FCF Range Over the Past 10 Years
Min: -8.27   Med: 0   Max: 0
Current: -1.47

ASX:MM1's EV-to-FCF is ranked worse than
100% of 437 companies
in the Metals & Mining industry
Industry Median: 15.79 vs ASX:MM1: -1.47

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (2024-05-31), Midas Minerals's stock price is A$0.065. Midas Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.069. Therefore, Midas Minerals's PE Ratio for today is At Loss.


Midas Minerals EV-to-FCF Historical Data

The historical data trend for Midas Minerals's EV-to-FCF 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.

Midas Minerals EV-to-FCF Chart

Midas Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-FCF
- -0.89 -3.08 -2.88

Midas Minerals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-FCF -0.89 - -3.08 - -2.88

Competitive Comparison of Midas Minerals's EV-to-FCF

For the Other Precious Metals & Mining subindustry, Midas Minerals's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Midas Minerals's EV-to-FCF Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Midas Minerals's EV-to-FCF falls into.



Midas Minerals EV-to-FCF Calculation

Midas Minerals's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5.494/-3.798
=-1.45

Midas Minerals's current Enterprise Value is A$5.49 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2023 was A$-3.80 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.


Midas Minerals  (ASX:MM1) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Midas Minerals's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.065/-0.069
=At Loss

Midas Minerals's share price for today is A$0.065.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.069.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Midas Minerals EV-to-FCF Related Terms

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Midas Minerals (ASX:MM1) Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Midas Minerals Ltd is an emerging mineral exploration company focused on advancing projects in the prospective Yilgarn Craton of Western Australia. Its primary focus is gold however, the Weebo project is also prospective for nickel and the Challa project has potential for, copper, nickel, base metals, silver, and lithium.

Midas Minerals (ASX:MM1) Headlines

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