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Merafe Resources (JSE:MRF) EV-to-EBITDA : 0.56 (As of May. 17, 2024)


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What is Merafe Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Merafe Resources's enterprise value is R1,452 Mil. Merafe Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R2,604 Mil. Therefore, Merafe Resources's EV-to-EBITDA for today is 0.56.

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

JSE:MRF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -2.22   Med: 1.98   Max: 7.66
Current: 0.56

During the past 13 years, the highest EV-to-EBITDA of Merafe Resources was 7.66. The lowest was -2.22. And the median was 1.98.

JSE:MRF's EV-to-EBITDA is ranked better than
95.03% of 624 companies
in the Metals & Mining industry
Industry Median: 9.83 vs JSE:MRF: 0.56

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 (2024-05-17), Merafe Resources's stock price is R1.24. Merafe Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R0.701. Therefore, Merafe Resources's PE Ratio for today is 1.77.

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


Merafe Resources EV-to-EBITDA Historical Data

The historical data trend for Merafe Resources'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.

Merafe Resources EV-to-EBITDA Chart

Merafe Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.32 -0.70 0.86 1.00 0.62

Merafe Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.86 - 1.00 - 0.62

Competitive Comparison of Merafe Resources's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Merafe Resources'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.


Merafe Resources's EV-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Merafe Resources EV-to-EBITDA Calculation

Merafe Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1452.169/2604.099
=0.56

Merafe Resources's current Enterprise Value is R1,452 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merafe Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R2,604 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.


Merafe Resources  (JSE:MRF) 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.

Merafe Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.24/0.701
=1.77

Merafe Resources's share price for today is R1.24.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merafe Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R0.701.

* 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?


Merafe Resources EV-to-EBITDA Related Terms

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


Merafe Resources (JSE:MRF) Business Description

Traded in Other Exchanges
Address
35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namely, Waterval mine; Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.

Merafe Resources (JSE:MRF) Headlines