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Minesto AB (OSTO:MINEST) EV-to-EBIT : -16.40 (As of May. 17, 2024)


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What is Minesto AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Minesto AB's Enterprise Value is kr538.67 Mil. Minesto AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr-32.85 Mil. Therefore, Minesto AB's EV-to-EBIT for today is -16.40.

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

OSTO:MINEST' s EV-to-EBIT Range Over the Past 10 Years
Min: -285.74   Med: -77.61   Max: 142.97
Current: -16.4

During the past 11 years, the highest EV-to-EBIT of Minesto AB was 142.97. The lowest was -285.74. And the median was -77.61.

OSTO:MINEST's EV-to-EBIT is ranked worse than
100% of 337 companies
in the Utilities - Independent Power Producers industry
Industry Median: 14.99 vs OSTO:MINEST: -16.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Minesto AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr467.81 Mil. Minesto AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr-32.85 Mil. Minesto AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7.02%.


Minesto AB EV-to-EBIT Historical Data

The historical data trend for Minesto AB'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.

Minesto AB EV-to-EBIT Chart

Minesto AB 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 -13.94 -238.17 -130.08 -58.18 -47.31

Minesto AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -30.05 -22.95 -32.92 -47.31 -14.24

Competitive Comparison of Minesto AB's EV-to-EBIT

For the Utilities - Renewable subindustry, Minesto AB'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.


Minesto AB's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Minesto AB's EV-to-EBIT distribution charts can be found below:

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



Minesto AB EV-to-EBIT Calculation

Minesto AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=538.672/-32.845
=-16.40

Minesto AB's current Enterprise Value is kr538.67 Mil.
Minesto AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-32.85 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.


Minesto AB  (OSTO:MINEST) 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) %.

Minesto AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-32.845/467.81306
=-7.02 %

Minesto AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr467.81 Mil.
Minesto AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-32.85 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.


Minesto AB EV-to-EBIT Related Terms

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


Minesto AB (OSTO:MINEST) Business Description

Traded in Other Exchanges
Address
Vita gavelns vag 6, Vastra Frolunda, Gothenburg, SWE, 42671
Minesto AB is a Sweden based company engaged in the production of tidal energy from the oceans. The main sources of the ocean energy include Tidal streams, Ocean currents, Tidal range (rise and fall), Waves, Ocean thermal energy and Salinity gradients.

Minesto AB (OSTO:MINEST) Headlines

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