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True North Copper (ASX:TNC) EV-to-EBITDA : -1.28 (As of Jun. 04, 2024)


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What is True North Copper EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, True North Copper's enterprise value is A$58.53 Mil. True North Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-45.66 Mil. Therefore, True North Copper's EV-to-EBITDA for today is -1.28.

The historical rank and industry rank for True North Copper's EV-to-EBITDA or its related term are showing as below:

ASX:TNC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1.32   Med: -0.51   Max: -0.25
Current: -1.28

During the past 4 years, the highest EV-to-EBITDA of True North Copper was -0.25. The lowest was -1.32. And the median was -0.51.

ASX:TNC's EV-to-EBITDA is ranked worse than
100% of 615 companies
in the Metals & Mining industry
Industry Median: 10.05 vs ASX:TNC: -1.28

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-04), True North Copper's stock price is A$0.056. True North Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.092. Therefore, True North Copper's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


True North Copper EV-to-EBITDA Historical Data

The historical data trend for True North Copper's EV-to-EBITDA 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.

True North Copper EV-to-EBITDA Chart

True North Copper Annual Data
Trend Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
- -20.72 -1.14 -3.25

True North Copper Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial - -1.14 - -3.25 -

Competitive Comparison of True North Copper's EV-to-EBITDA

For the Copper subindustry, True North Copper's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


True North Copper's EV-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, True North Copper's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where True North Copper's EV-to-EBITDA falls into.



True North Copper EV-to-EBITDA Calculation

True North Copper's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=58.528/-45.66
=-1.28

True North Copper's current Enterprise Value is A$58.53 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True North Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-45.66 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.


True North Copper  (ASX:TNC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

True North Copper's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.056/-0.092
=At Loss

True North Copper's share price for today is A$0.056.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True North Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.092.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


True North Copper EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of True North Copper's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


True North Copper (ASX:TNC) Business Description

Traded in Other Exchanges
N/A
Address
46-48 Sheridan Street, PO Box 3006, Level 9, Citi Central Tower, Cairns, QLD, AUS, 4870
True North Copper Ltd is a mining and exploration company. The company mainly explores copper and cobalt projects located in Cloncurry and Mt Oxide. It has having only one reportable segment, being exploration, development and operations for minerals.

True North Copper (ASX:TNC) Headlines