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Omai Gold Mines (TSXV:OMG) EV-to-EBIT : -12.62 (As of May. 11, 2024)


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What is Omai Gold Mines EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Omai Gold Mines's Enterprise Value is C$58.55 Mil. Omai Gold Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-4.64 Mil. Therefore, Omai Gold Mines's EV-to-EBIT for today is -12.62.

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

TSXV:OMG' s EV-to-EBIT Range Over the Past 10 Years
Min: -111.81   Med: 0   Max: 0
Current: -12.62

TSXV:OMG's EV-to-EBIT is ranked worse than
100% of 576 companies
in the Metals & Mining industry
Industry Median: 12.91 vs TSXV:OMG: -12.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Omai Gold Mines's Enterprise Value for the quarter that ended in Dec. 2023 was C$27.70 Mil. Omai Gold Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-4.64 Mil. Omai Gold Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -16.74%.


Omai Gold Mines EV-to-EBIT Historical Data

The historical data trend for Omai Gold Mines'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.

Omai Gold Mines EV-to-EBIT Chart

Omai Gold Mines Annual Data
Trend Sep19 Sep20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -2.57 -3.09 -6.01

Omai Gold Mines Quarterly Data
Sep19 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 -3.09 -3.04 -3.61 -2.40 -6.01

Competitive Comparison of Omai Gold Mines's EV-to-EBIT

For the Gold subindustry, Omai Gold Mines'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.


Omai Gold Mines's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Omai Gold Mines's EV-to-EBIT falls into.



Omai Gold Mines EV-to-EBIT Calculation

Omai Gold Mines's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=58.552/-4.638
=-12.62

Omai Gold Mines's current Enterprise Value is C$58.55 Mil.
Omai Gold Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.64 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.


Omai Gold Mines  (TSXV:OMG) 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) %.

Omai Gold Mines'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 )
=-4.638/27.69945
=-16.74 %

Omai Gold Mines's Enterprise Value for the quarter that ended in Dec. 2023 was C$27.70 Mil.
Omai Gold Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.64 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.


Omai Gold Mines EV-to-EBIT Related Terms

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


Omai Gold Mines (TSXV:OMG) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 3680, Toronto, ON, CAN, M5X 1B1
Omai Gold Mines Corp is a mineral exploration company. Its Omai gold mine is located in Guyana, on the North coast of South America. The mine has two open pits: the Fennell pit and the Wenot pit. Its other project is Grenfell Property.
Executives
Derek Macpherson Director

Omai Gold Mines (TSXV:OMG) Headlines

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