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Dreadnought Resources (ASX:DRE) EV-to-EBIT : -8.48 (As of May. 26, 2024)


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What is Dreadnought Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Dreadnought Resources's Enterprise Value is A$57.05 Mil. Dreadnought Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-6.73 Mil. Therefore, Dreadnought Resources's EV-to-EBIT for today is -8.48.

The historical rank and industry rank for Dreadnought Resources's EV-to-EBIT or its related term are showing as below:

ASX:DRE' s EV-to-EBIT Range Over the Past 10 Years
Min: -8.48   Med: -0.07   Max: -0.03
Current: -8.48

During the past 13 years, the highest EV-to-EBIT of Dreadnought Resources was -0.03. The lowest was -8.48. And the median was -0.07.

ASX:DRE's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.12 vs ASX:DRE: -8.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Dreadnought Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$101.70 Mil. Dreadnought Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-6.73 Mil. Dreadnought Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.61%.


Dreadnought Resources EV-to-EBIT Historical Data

The historical data trend for Dreadnought Resources's EV-to-EBIT 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.

Dreadnought Resources EV-to-EBIT Chart

Dreadnought Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -16.74 -47.60 -94.16 -27.65

Dreadnought Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 - -94.16 - -27.65 -

Competitive Comparison of Dreadnought Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Dreadnought Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Dreadnought Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Dreadnought Resources's EV-to-EBIT falls into.



Dreadnought Resources EV-to-EBIT Calculation

Dreadnought Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=57.046/-6.726
=-8.48

Dreadnought Resources's current Enterprise Value is A$57.05 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dreadnought Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-6.73 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.


Dreadnought Resources  (ASX:DRE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Dreadnought Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-6.726/101.6961
=-6.61 %

Dreadnought Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$101.70 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dreadnought Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-6.73 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.


Dreadnought Resources EV-to-EBIT Related Terms

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


Dreadnought Resources (ASX:DRE) Business Description

Traded in Other Exchanges
N/A
Address
88 William Street, Level 3, PO Box 712, Osborne Park, WA, AUS, 6916
Dreadnought Resources Ltd is a natural resource exploration and development company. It focuses on the gold exploration and resource development in the Tanami region of the Northern Territory. Its projects include Illaara Gold, Rocky Dam Gold & VMS Project, Tarraji-Yampi Ni-Cu-Au.

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