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Noble Iron (TSXV:NIR.H) EV-to-EBIT : 0.74 (As of May. 22, 2024)


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What is Noble Iron EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble Iron's Enterprise Value is C$-0.60 Mil. Noble Iron's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.81 Mil. Therefore, Noble Iron's EV-to-EBIT for today is 0.74.

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

TSXV:NIR.H' s EV-to-EBIT Range Over the Past 10 Years
Min: -181.81   Med: -5.36   Max: 61.23
Current: 0.74

During the past 13 years, the highest EV-to-EBIT of Noble Iron was 61.23. The lowest was -181.81. And the median was -5.36.

TSXV:NIR.H's EV-to-EBIT is ranked better than
96.77% of 1673 companies
in the Software industry
Industry Median: 17.8 vs TSXV:NIR.H: 0.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noble Iron's Enterprise Value for the quarter that ended in Dec. 2023 was C$-0.73 Mil. Noble Iron's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.81 Mil. Noble Iron's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 110.41%.


Noble Iron EV-to-EBIT Historical Data

The historical data trend for Noble Iron'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.

Noble Iron EV-to-EBIT Chart

Noble Iron 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 -0.13 -36.93 -34.62 0.64 0.91

Noble Iron 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 0.64 1.65 0.83 0.32 0.91

Competitive Comparison of Noble Iron's EV-to-EBIT

For the Software - Application subindustry, Noble Iron'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.


Noble Iron's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Noble Iron's EV-to-EBIT distribution charts can be found below:

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



Noble Iron EV-to-EBIT Calculation

Noble Iron's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-0.597/-0.81
=0.74

Noble Iron's current Enterprise Value is C$-0.60 Mil.
Noble Iron's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.81 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.


Noble Iron  (TSXV:NIR.H) 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) %.

Noble Iron'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 )
=-0.81/-0.73365
=110.41 %

Noble Iron's Enterprise Value for the quarter that ended in Dec. 2023 was C$-0.73 Mil.
Noble Iron's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.81 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.


Noble Iron EV-to-EBIT Related Terms

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


Noble Iron (TSXV:NIR.H) Business Description

Traded in Other Exchanges
N/A
Address
7-871 Victoria Street North, Suite 330, Kitchener, ON, CAN, N2B 3S4
Noble Iron Inc operates in equipment rental, equipment distribution, and enterprise asset management software for the construction and industrial equipment industry. The firm's software division operates under the name "Texada Software". Texada Software develops software applications to manage the complete equipment ownership lifecycle: from equipment purchasing, rental and sales transactions, inventory management, maintenance, and depreciation tracking through to used equipment sales, disposal, and inventory replenishment. Texada Software offers in the cloud or client-based software and is scalable to meet the needs of any equipment rental company, dealership, construction company, contractor, and any customer who owns or uses construction or industrial equipment.

Noble Iron (TSXV:NIR.H) Headlines

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