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GuruFocus has detected 2 Warning Signs with Novagold Resources Inc $NG.
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Novagold Resources Inc (AMEX:NG)
EV-to-EBITDA
-53.57 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Novagold Resources Inc's enterprise value is $1,555.43 Mil. Novagold Resources Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Feb. 2017 was $-29.04 Mil. Therefore, Novagold Resources Inc's EV/EBITDA ratio for today is -53.57.

NG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -499.8   Max: -2.2
Current: -55.15

-499.8
-2.2

During the past 13 years, the highest EV/EBITDA Ratio of Novagold Resources Inc was -2.20. The lowest was -499.80. And the median was -37.80.

NG's EV-to-EBITDA is ranked lower than
99.99% of the 971 Companies
in the Global Gold industry.

( Industry Median: 10.14 vs. NG: -55.15 )

EV/EBITDA (Enterprise value/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 P/E Ratio to determine the fair market value of a company.

As of today, Novagold Resources Inc's stock price is $4.28. Novagold Resources Inc's earnings per share for the trailing twelve months (TTM) ended in Feb. 2017 was $-0.11. Therefore, Novagold Resources Inc's P/E Ratio for today is .

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Novagold Resources Inc's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=1555.432/-29.037
=-53.57

Novagold Resources Inc's current Enterprise Value is $1,555.43 Mil.
Novagold Resources Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Feb. 2017 was -7.96 (May. 2016 ) + -6.144 (Aug. 2016 ) + -6.066 (Nov. 2016 ) + -8.867 (Feb. 2017 ) = $-29.04 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/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 P/E Ratio to determine the fair market value of a company.

Novagold Resources Inc's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=4.28/-0.11
=

Novagold Resources Inc's share price for today is $4.28.
Novagold Resources Inc's Earnings Per Share for the trailing twelve months (TTM) ended in Feb. 2017 was -0.03 (May. 2016 ) + -0.02 (Aug. 2016 ) + -0.03 (Nov. 2016 ) + -0.03 (Feb. 2017 ) = $-0.11.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Novagold Resources Inc Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
ev2ebitda -9.70-2.33-23.51-15.1123.68-551.06-13.99-28.12-48.77-52.63

Novagold Resources Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
ev2ebitda -28.12-38.09-42.61-47.17-48.77-60.48-62.24-58.22-52.63-61.63
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