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Altair Minerals (ASX:ALR) EV-to-EBIT : -3.60 (As of Jun. 19, 2024)


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What is Altair Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Altair Minerals's Enterprise Value is A$16.30 Mil. Altair Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.52 Mil. Therefore, Altair Minerals's EV-to-EBIT for today is -3.60.

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

ASX:ALR' s EV-to-EBIT Range Over the Past 10 Years
Min: -72.69   Med: 0   Max: 0
Current: -3.6

ASX:ALR's EV-to-EBIT is ranked worse than
100% of 567 companies
in the Metals & Mining industry
Industry Median: 12.51 vs ASX:ALR: -3.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Altair Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$4.18 Mil. Altair Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.52 Mil. Altair Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -108.32%.


Altair Minerals EV-to-EBIT Historical Data

The historical data trend for Altair Minerals'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.

Altair Minerals EV-to-EBIT Chart

Altair Minerals 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 -4.62 -7.86 -11.05 -2.79 -0.95

Altair Minerals 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 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 - -2.79 - -0.95 -

Competitive Comparison of Altair Minerals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Altair Minerals'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.


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

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

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



Altair Minerals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=16.302/-4.524
=-3.60

Altair Minerals's current Enterprise Value is A$16.30 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Altair Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.52 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.


Altair Minerals  (ASX:ALR) 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) %.

Altair Minerals'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 )
=-4.524/4.17646
=-108.32 %

Altair Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$4.18 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Altair Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.52 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.


Altair Minerals EV-to-EBIT Related Terms

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


Altair Minerals (ASX:ALR) Business Description

Traded in Other Exchanges
Address
459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Cohiba Minerals Ltd is a mineral exploration company which engages in the exploration of natural resources, including metals, precious metals, lithium, cobalt, and minerals. Its projects include Pyramid Lake; Wee Macgregor and Olympic Domain Tenements in South Australia.