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Desert Metals (ASX:DM1) EV-to-EBIT : -5.04 (As of Jun. 17, 2024)


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What is Desert Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Desert Metals's Enterprise Value is A$4.44 Mil. Desert Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.88 Mil. Therefore, Desert Metals's EV-to-EBIT for today is -5.04.

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

ASX:DM1' s EV-to-EBIT Range Over the Past 10 Years
Min: -36.66   Med: 0   Max: 0.24
Current: -5.04

During the past 4 years, the highest EV-to-EBIT of Desert Metals was 0.24. The lowest was -36.66. And the median was 0.00.

ASX:DM1's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 12.53 vs ASX:DM1: -5.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Desert Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.23 Mil. Desert Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.88 Mil. Desert Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -27.32%.


Desert Metals EV-to-EBIT Historical Data

The historical data trend for Desert Metals'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.

Desert Metals EV-to-EBIT Chart

Desert Metals Annual Data
Trend Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
- -26.99 -11.48 -2.30

Desert Metals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - -11.48 - -2.30 -

Competitive Comparison of Desert Metals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Desert Metals'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.


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

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

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



Desert Metals EV-to-EBIT Calculation

Desert Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.444/-0.882
=-5.04

Desert Metals's current Enterprise Value is A$4.44 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Desert Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.88 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.


Desert Metals  (ASX:DM1) 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) %.

Desert Metals'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 )
=-0.882/3.2280961
=-27.32 %

Desert Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.23 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Desert Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.88 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.


Desert Metals EV-to-EBIT Related Terms

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


Desert Metals (ASX:DM1) Business Description

Traded in Other Exchanges
N/A
Address
59 Parry Street, Level 3, Perth, WA, AUS, 6000
Desert Metals Ltd is a mineral exploration company. The company explores nickel and copper. It is focused on developing the Narryer Project.

Desert Metals (ASX:DM1) Headlines

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