Glencore (Glencore) EV-to-EBIT

: 12.83 (As of Today)

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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Glencore's Enterprise Value is $101,754 Mil. Glencore's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7,932 Mil. Therefore, Glencore's EV-to-EBIT for today is 12.83.

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

GLNCY' s EV-to-EBIT Range Over the Past 10 Years
Min: -28.85 Med: 12.01 Max: 87.93
Current: 12.83

During the past 13 years, the highest EV-to-EBIT of Glencore was 87.93. The lowest was -28.85. And the median was 12.01.

GLNCY's EV-to-EBIT is ranked worse than
51.46% of 581 companies
in the Metals & Mining industry
Industry Median: 12.7 vs GLNCY: 12.83

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Glencore's Enterprise Value for the quarter that ended in Dec. 2023 was $97,892 Mil. Glencore's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7,932 Mil. Glencore's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.10%.

Glencore EV-to-EBIT Historical Data

The historical data trend for Glencore'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.

Glencore Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

71.58

-21.04

10.78

4.42

12.32

Glencore 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-EBIT																10.78	-	4.42	-	12.32

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Glencore'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.

Glencore EV-to-EBIT Distribution

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

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

Glencore EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	101754.233	/	7932
	=	12.83

Glencore's current Enterprise Value is $101,754 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Glencore's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7,932 Mil.

Glencore (OTCPK:GLNCY) 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) %.

Glencore'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 )
	=	7932	/	97891.7858
	=	8.10 %

Glencore's Enterprise Value for the quarter that ended in Dec. 2023 was $97,892 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Glencore's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $7,932 Mil.

Glencore EV-to-EBIT Related Terms

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Glencore (Glencore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Glencore PLC (OTCPK:GLNCY) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

GLN:South Africa GLCNF:USA GLENl:UK GLEN:UK 8GC:Germany

Address

Baarermattstrasse 3, P.O. Box 1363, Baar, CHE, CH-6340

Website

https://www.glencore.com

Glencore is one of the world's largest commodities traders, active in markets for metals and minerals, energy products, and agricultural goods. The firm's Marketing business provides sourcing, logistics, transportation, storage, and financing services to commodity producers and consumers around the globe. Core exposures are in the production of thermal coal, coking coal, copper, zinc, nickel, cobalt, and ferroalloys. Unlike other major miners, Glencore plans to produce thermal coal until its mines exhaust, arguing that it is better for listed, western companies to own these assets and then rehabilitate them consistent with western standards. It has also agreed to buy Teck's metallurgical coal business, with the deal likely closing in the third quarter of 2024.