True North Copper (ASX:TNC) EV-to-EBIT : -1.27 (As of Jun. 04, 2024)

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What is True North Copper EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, True North Copper's Enterprise Value is A$58.53 Mil. True North Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-45.92 Mil. Therefore, True North Copper's EV-to-EBIT for today is -1.27.

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

ASX:TNC' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.32 Med: -0.5 Max: -0.25
Current: -1.27

During the past 4 years, the highest EV-to-EBIT of True North Copper was -0.25. The lowest was -1.32. And the median was -0.50.

ASX:TNC's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 12.98 vs ASX:TNC: -1.27

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. True North Copper's Enterprise Value for the quarter that ended in Dec. 2023 was A$64.44 Mil. True North Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-45.92 Mil. True North Copper's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -71.26%.

True North Copper EV-to-EBIT Historical Data

The historical data trend for True North Copper'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.

True North Copper EV-to-EBIT Chart

True North Copper Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

EV-to-EBIT

-20.23

-1.10

-3.24

True North Copper Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial			-	-1.10	-	-3.24	-

Competitive Comparison of True North Copper's EV-to-EBIT

For the Copper subindustry, True North Copper'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.

True North Copper's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where True North Copper's EV-to-EBIT falls into.

True North Copper EV-to-EBIT Calculation

True North Copper's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	58.528	/	-45.923
	=	-1.27

True North Copper's current Enterprise Value is A$58.53 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True North Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-45.92 Mil.

True North Copper (ASX:TNC) 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) %.

True North Copper'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 )
	=	-45.923	/	64.441279869
	=	-71.26 %

True North Copper's Enterprise Value for the quarter that ended in Dec. 2023 was A$64.44 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True North Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-45.92 Mil.

True North Copper EV-to-EBIT Related Terms

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

True North Copper (ASX:TNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » True North Copper Ltd (ASX:TNC) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

46-48 Sheridan Street, PO Box 3006, Level 9, Citi Central Tower, Cairns, QLD, AUS, 4870

Website

https://www.truenorthcopper.com.au

True North Copper Ltd is a mining and exploration company. The company mainly explores copper and cobalt projects located in Cloncurry and Mt Oxide. It has having only one reportable segment, being exploration, development and operations for minerals.