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Canickel Mining (Canickel Mining) EV-to-EBIT : 29.17 (As of May. 17, 2024)


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What is Canickel Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canickel Mining's Enterprise Value is $76.41 Mil. Canickel Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2.62 Mil. Therefore, Canickel Mining's EV-to-EBIT for today is 29.17.

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

CMLGF' s EV-to-EBIT Range Over the Past 10 Years
Min: -188.56   Med: -2.39   Max: 47.01
Current: 30.05

During the past 13 years, the highest EV-to-EBIT of Canickel Mining was 47.01. The lowest was -188.56. And the median was -2.39.

CMLGF's EV-to-EBIT is ranked worse than
77.74% of 575 companies
in the Metals & Mining industry
Industry Median: 13.1 vs CMLGF: 30.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canickel Mining's Enterprise Value for the quarter that ended in Dec. 2023 was $78.39 Mil. Canickel Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2.62 Mil. Canickel Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.34%.


Canickel Mining EV-to-EBIT Historical Data

The historical data trend for Canickel Mining'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.

Canickel Mining EV-to-EBIT Chart

Canickel Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.22 -182.22 4.14 86.53 30.32

Canickel Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 86.53 -161.13 22.97 -23.91 30.32

Competitive Comparison of Canickel Mining's EV-to-EBIT

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


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

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

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



Canickel Mining EV-to-EBIT Calculation

Canickel Mining's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=76.408/2.619
=29.17

Canickel Mining's current Enterprise Value is $76.41 Mil.
Canickel Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.62 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.


Canickel Mining  (OTCPK:CMLGF) 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) %.

Canickel Mining'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 )
=2.619/78.38804448
=3.34 %

Canickel Mining's Enterprise Value for the quarter that ended in Dec. 2023 was $78.39 Mil.
Canickel Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.62 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.


Canickel Mining EV-to-EBIT Related Terms

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


Canickel Mining (Canickel Mining) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 1655, P.O.Box 35, Vancouver, BC, CAN, V6C 2W2
Canickel Mining Ltd is a mining company focused on nickel mining and related activities, including exploration and the extraction and processing of nickel-containing ore. All assets of the Company are in Canada. It is also operating running the care and maintenance program at Bucko Lake Mine to safeguard assets and carry out exploration activities. It has a single segment and is focused on nickel mining including exploration and extraction and processing of nickel-containing ore.

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