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Vale (VALE) EV-to-EBIT

: 5.24 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vale's Enterprise Value is $63,568 Mil. Vale's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $12,137 Mil. Therefore, Vale's EV-to-EBIT for today is 5.24.

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

VALE' s EV-to-EBIT Range Over the Past 10 Years
Min: -33.28   Med: 8.84   Max: 34.24
Current: 5.24

During the past 13 years, the highest EV-to-EBIT of Vale was 34.24. The lowest was -33.28. And the median was 8.84.

VALE's EV-to-EBIT is ranked better than
76.8% of 582 companies
in the Metals & Mining industry
Industry Median: 12.59 vs VALE: 5.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Vale's Enterprise Value for the quarter that ended in Dec. 2023 was $81,062 Mil. Vale's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $12,137 Mil. Vale's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.97%.


Vale EV-to-EBIT Historical Data

The historical data trend for Vale'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.

Vale Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.68 9.83 2.37 4.26 6.70

Vale 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 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 Premium Member Only Premium Member Only Premium Member Only 4.26 4.92 4.67 5.93 6.70

Competitive Comparison

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


Vale EV-to-EBIT Distribution

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

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



Vale EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=63568.165/12137
=5.24

Vale's current Enterprise Value is $63,568 Mil.
Vale'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 $12,137 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.


Vale  (NYSE:VALE) 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) %.

Vale'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 )
=12137/81061.621
=14.97 %

Vale's Enterprise Value for the quarter that ended in Dec. 2023 was $81,062 Mil.
Vale'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 $12,137 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.


Vale EV-to-EBIT Related Terms

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Vale (VALE) Business Description

Address
Praia de Botafogo, 186, Salas 501 a 1901, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145
Vale is a large global miner and the world's largest producer of iron ore and pellets. In recent years the company has sold noncore assets such as its fertilizer, coal, and steel operations to concentrate on iron ore, nickel, and copper. Earnings are dominated by the bulk materials division, primarily iron ore and iron ore pellets. The base metals division is much smaller, consisting of nickel mines and smelters along with copper mines producing copper in concentrate. Vale has agreed to sell a minority 13% stake in its base metals business, which is expected to become effective early in 2024, and which is likely the first step in separating base metals and iron ore.