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Midnight Sun Mining (TSXV:MMA) EV-to-EBIT : -31.08 (As of May. 24, 2024)


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What is Midnight Sun Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midnight Sun Mining's Enterprise Value is C$47.15 Mil. Midnight Sun Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.52 Mil. Therefore, Midnight Sun Mining's EV-to-EBIT for today is -31.08.

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

TSXV:MMA' s EV-to-EBIT Range Over the Past 10 Years
Min: -96.8   Med: 0   Max: 0
Current: -31.08

TSXV:MMA's EV-to-EBIT is ranked worse than
100% of 567 companies
in the Metals & Mining industry
Industry Median: 13.15 vs TSXV:MMA: -31.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midnight Sun Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$32.79 Mil. Midnight Sun Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.52 Mil. Midnight Sun Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.63%.


Midnight Sun Mining EV-to-EBIT Historical Data

The historical data trend for Midnight Sun 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.

Midnight Sun Mining EV-to-EBIT Chart

Midnight Sun 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 -49.98 -49.84 -14.69 -8.29 -21.61

Midnight Sun 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 -8.29 -9.97 -8.97 -13.58 -21.61

Competitive Comparison of Midnight Sun Mining's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Midnight Sun 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.


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

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

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



Midnight Sun Mining EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=47.149/-1.517
=-31.08

Midnight Sun Mining's current Enterprise Value is C$47.15 Mil.
Midnight Sun Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.52 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.


Midnight Sun Mining  (TSXV:MMA) 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) %.

Midnight Sun 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 )
=-1.517/32.788155
=-4.63 %

Midnight Sun Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$32.79 Mil.
Midnight Sun Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.52 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.


Midnight Sun Mining EV-to-EBIT Related Terms

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


Midnight Sun Mining (TSXV:MMA) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 770, Vancouver, BC, CAN, V6C 1H2
Midnight Sun Mining Corp is an exploration-stage company. The company is engaged in the acquisition and exploration of mineral property interests. It focuses on the exploration and discovery of copper deposits in the prolific Zambian-Congo Copperbelt. The company's mineral exploration in Zambia is located directly adjacent to the largest copper mine in Africa - First Quantum Minerals' Kansanshi copper/gold mine. It has one reportable operating segment, which is the acquisition and exploration of mineral properties.
Executives
Allan John Fabbro 10% Security Holder, Director, Senior Officer

Midnight Sun Mining (TSXV:MMA) Headlines