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New Gold (New Gold) EV-to-EBIT

: -26.17 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, New Gold's Enterprise Value is $1,368.6 Mil. New Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-52.3 Mil. Therefore, New Gold's EV-to-EBIT for today is -26.17.

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

NGD' s EV-to-EBIT Range Over the Past 10 Years
Min: -345.23   Med: -6.19   Max: 1886.2
Current: -26.17

During the past 13 years, the highest EV-to-EBIT of New Gold was 1886.20. The lowest was -345.23. And the median was -6.19.

NGD's EV-to-EBIT is ranked worse than
100% of 579 companies
in the Metals & Mining industry
Industry Median: 12.59 vs NGD: -26.17

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. New Gold's Enterprise Value for the quarter that ended in Dec. 2023 was $1,209.0 Mil. New Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-52.3 Mil. New Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -4.33%.


New Gold EV-to-EBIT Historical Data

The historical data trend for New Gold'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.

New Gold 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 -62.24 -65.58 5.12 -19.12 -22.78

New Gold 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 -19.12 -13.42 -23.85 -40.01 -22.78

Competitive Comparison

For the Gold subindustry, New Gold'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.


New Gold EV-to-EBIT Distribution

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

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



New Gold EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1368.606/-52.3
=-26.17

New Gold's current Enterprise Value is $1,368.6 Mil.
New Gold'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 $-52.3 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.


New Gold  (AMEX:NGD) 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) %.

New Gold'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 )
=-52.3/1209.02876
=-4.33 %

New Gold's Enterprise Value for the quarter that ended in Dec. 2023 was $1,209.0 Mil.
New Gold'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 $-52.3 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.


New Gold EV-to-EBIT Related Terms

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


New Gold (New Gold) Business Description

Traded in Other Exchanges
Address
181 Bay Street, Suite 3320, Toronto, ON, CAN, M5J 2T3
New Gold Inc participates in the development and operation of intermediate mining properties. The company has a portfolio of two primary assets: the Rainy River Mine and the New Afton Mine in Canada. The company also owns the Cerro San Pedro Mine in Mexico. The company derives revenue from the sale of gold, copper, and silver to various banks engaged in the trading of precious metals and refineries.