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Torque Metals (ASX:TOR) EV-to-EBIT : -9.96 (As of May. 21, 2024)


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What is Torque Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Torque Metals's Enterprise Value is A$32.02 Mil. Torque Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.22 Mil. Therefore, Torque Metals's EV-to-EBIT for today is -9.96.

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

ASX:TOR' s EV-to-EBIT Range Over the Past 10 Years
Min: -20.94   Med: 0   Max: 0
Current: -9.96

ASX:TOR's EV-to-EBIT is ranked worse than
100% of 568 companies
in the Metals & Mining industry
Industry Median: 13.575 vs ASX:TOR: -9.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Torque Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$26.12 Mil. Torque Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.22 Mil. Torque Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.31%.


Torque Metals EV-to-EBIT Historical Data

The historical data trend for Torque 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.

Torque Metals EV-to-EBIT Chart

Torque Metals Annual Data
Trend Jun21 Jun22 Jun23
EV-to-EBIT
-4.67 -7.11 -5.47

Torque Metals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - -7.11 - -5.47 -

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

For the Gold subindustry, Torque 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.


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

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

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



Torque Metals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=32.018/-3.215
=-9.96

Torque Metals's current Enterprise Value is A$32.02 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Torque Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.22 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.


Torque Metals  (ASX:TOR) 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) %.

Torque 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 )
=-3.215/26.11928
=-12.31 %

Torque Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$26.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Torque Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.22 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.


Torque Metals EV-to-EBIT Related Terms

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


Torque Metals (ASX:TOR) Business Description

Traded in Other Exchanges
N/A
Address
16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008
Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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