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Newcrest Mining (Newcrest Mining) EV-to-EBIT : 12.27 (As of Apr. 26, 2024)


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What is Newcrest Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Newcrest Mining's Enterprise Value is $14,819 Mil. Newcrest Mining's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $1,208 Mil. Therefore, Newcrest Mining's EV-to-EBIT for today is 12.27.

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

NCMGY' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.94   Med: 13   Max: 43.66
Current: 12.82

During the past 13 years, the highest EV-to-EBIT of Newcrest Mining was 43.66. The lowest was -5.94. And the median was 13.00.

NCMGY's EV-to-EBIT is not ranked
in the Metals & Mining industry.
Industry Median: 12.66 vs NCMGY: 12.82

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Newcrest Mining's Enterprise Value for the quarter that ended in Jun. 2023 was $17,361 Mil. Newcrest Mining's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $1,208 Mil. Newcrest Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 6.96%.


Newcrest Mining EV-to-EBIT Historical Data

The historical data trend for Newcrest Mining'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.

Newcrest Mining EV-to-EBIT Chart

Newcrest Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.43 15.57 8.61 10.81 14.28

Newcrest Mining Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 8.61 - 10.81 - 14.28

Competitive Comparison of Newcrest Mining's EV-to-EBIT

For the Gold subindustry, Newcrest Mining'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.


Newcrest Mining's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Newcrest Mining EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14818.760/1208
=12.27

Newcrest Mining's current Enterprise Value is $14,819 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Newcrest Mining's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $1,208 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.


Newcrest Mining  (OTCPK:NCMGY) 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) %.

Newcrest Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=1208/17361.02335
=6.96 %

Newcrest Mining's Enterprise Value for the quarter that ended in Jun. 2023 was $17,361 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Newcrest Mining's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $1,208 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.


Newcrest Mining EV-to-EBIT Related Terms

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


Newcrest Mining (Newcrest Mining) Business Description

Traded in Other Exchanges
N/A
Address
600 Saint Kilda Road, Level 8, Melbourne, VIC, AUS, 3004
Newcrest is an Australia-based gold and, to a lesser extent, copper miner. Operations are mainly in Australia and Papua New Guinea. The company also owns a 32% stake in the Fruta Del Norte gold mine in Ecuador, while the acquisition of Brucejack in 2022 adds to its 70% stake in the Red Chris mine in Canada. The company is likely to produce around 2 million ounces of gold per year over the next decade, making it one of the larger global gold producers but still only accounting for less than 2% of total supply. Cash costs are below the industry average, underpinned by improvements at Lihir and Cadia. Organic growth options include its Havieron prospect, the Red Chris underground mine, and the high-grade Wafi-Golpu copper-gold prospect in PNG.

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