Eastern Metals (ASX:EMS) EV-to-EBIT : -1.43 (As of Jun. 05, 2024)

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What is Eastern Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Eastern Metals's Enterprise Value is A$2.46 Mil. Eastern Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.72 Mil. Therefore, Eastern Metals's EV-to-EBIT for today is -1.43.

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

ASX:EMS' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.6 Med: 0 Max: 0.34
Current: -1.42

During the past 2 years, the highest EV-to-EBIT of Eastern Metals was 0.34. The lowest was -5.60. And the median was 0.00.

ASX:EMS's EV-to-EBIT is ranked worse than
100% of 565 companies
in the Metals & Mining industry
Industry Median: 12.85 vs ASX:EMS: -1.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Eastern Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$1.90 Mil. Eastern Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.72 Mil. Eastern Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -90.69%.

Eastern Metals EV-to-EBIT Historical Data

The historical data trend for Eastern 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.

Eastern Metals EV-to-EBIT Chart

Eastern Metals Annual Data

Trend

Jun22

Jun23

EV-to-EBIT

-0.93

-0.71

Eastern Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	-	-	-	-	-

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

For the Other Precious Metals & Mining subindustry, Eastern 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.

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

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

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

Eastern Metals EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	2.459	/	-1.724
	=	-1.43

Eastern Metals's current Enterprise Value is A$2.46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eastern Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.72 Mil.

Eastern Metals (ASX:EMS) 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) %.

Eastern 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 )
	=	-1.724	/	1.901048
	=	-90.69 %

Eastern Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$1.90 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Eastern Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.72 Mil.

Eastern Metals EV-to-EBIT Related Terms

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

Eastern Metals (ASX:EMS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eastern Metals Ltd (ASX:EMS) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

210 George Street, Level 8, Sydney, NSW, AUS, 2000

Website

https://www.easternmetals.com.au

Eastern Metals Ltd is an Australian junior base and precious metals exploration company with initial interests in three projects: the Arunta Project in the Northern Territory, Cobar Project and Thomson Project in New South Wales.

Eastern Metals (ASX:EMS) Headlines

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