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Fortune Bay (Fortune Bay) EV-to-EBITDA : -9.38 (As of May. 25, 2024)


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What is Fortune Bay EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fortune Bay's enterprise value is $9.00 Mil. Fortune Bay's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.96 Mil. Therefore, Fortune Bay's EV-to-EBITDA for today is -9.38.

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

FTBYF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -199.42   Med: 0   Max: 146.51
Current: -9.38

During the past 9 years, the highest EV-to-EBITDA of Fortune Bay was 146.51. The lowest was -199.42. And the median was 0.00.

FTBYF's EV-to-EBITDA is ranked worse than
100% of 613 companies
in the Metals & Mining industry
Industry Median: 10.38 vs FTBYF: -9.38

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 (2024-05-25), Fortune Bay's stock price is $0.17783. Fortune Bay's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.022. Therefore, Fortune Bay'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.


Fortune Bay EV-to-EBITDA Historical Data

The historical data trend for Fortune Bay'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.

Fortune Bay EV-to-EBITDA Chart

Fortune Bay Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -17.60 -31.50 -13.49 -8.28 -6.68

Fortune Bay Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 -8.28 -7.14 -5.51 -9.15 -6.68

Competitive Comparison of Fortune Bay's EV-to-EBITDA

For the Gold subindustry, Fortune Bay'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.


Fortune Bay's EV-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Fortune Bay's EV-to-EBITDA falls into.



Fortune Bay EV-to-EBITDA Calculation

Fortune Bay's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9.001/-0.96
=-9.38

Fortune Bay's current Enterprise Value is $9.00 Mil.
Fortune Bay's EBITDA 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 $-0.96 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.


Fortune Bay  (OTCPK:FTBYF) 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.

Fortune Bay's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.17783/-0.022
=At Loss

Fortune Bay's share price for today is $0.17783.
Fortune Bay's Earnings per Share (Diluted) 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 $-0.022.

* 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?


Fortune Bay EV-to-EBITDA Related Terms

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


Fortune Bay (Fortune Bay) Business Description

Traded in Other Exchanges
Address
1969 Upper Water Street, Suite 2001, Purdy's Wharf, Tower II, Halifax, NS, CAN, B3J 3R7
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. The company's properties include the Goldfields Project; Murmac Uranium Project; Ixhuatan Project and Strike Uranium Project.

Fortune Bay (Fortune Bay) Headlines

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