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Advance Metals (ASX:AVM) EV-to-EBIT : -2.30 (As of Sep. 20, 2024)


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What is Advance Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Advance Metals's Enterprise Value is A$1.46 Mil. Advance Metals's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.64 Mil. Therefore, Advance Metals's EV-to-EBIT for today is -2.30.

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

ASX:AVM' s EV-to-EBIT Range Over the Past 10 Years
Min: -20.72   Med: 0   Max: 0
Current: -2.31

ASX:AVM's EV-to-EBIT is ranked worse than
100% of 508 companies
in the Steel industry
Industry Median: 11.62 vs ASX:AVM: -2.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Advance Metals's Enterprise Value for the quarter that ended in Jun. 2024 was A$1.85 Mil. Advance Metals's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.64 Mil. Advance Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -34.31%.


Advance Metals EV-to-EBIT Historical Data

The historical data trend for Advance Metals'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.

Advance Metals EV-to-EBIT Chart

Advance Metals Annual Data
Trend Aug14 Aug15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.86 -6.73 -4.65 -3.26 -2.61

Advance Metals Semi-Annual Data
Aug14 Feb15 Aug15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - -3.26 - -2.61 -

Competitive Comparison of Advance Metals's EV-to-EBIT

For the Coking Coal subindustry, Advance Metals'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.


Advance Metals's EV-to-EBIT Distribution in the Steel Industry

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

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



Advance Metals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.463/-0.635
=-2.30

Advance Metals's current Enterprise Value is A$1.46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Advance Metals's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.64 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.


Advance Metals  (ASX:AVM) 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) %.

Advance Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2024 ) =EBIT / Enterprise Value (Q: Jun. 2024 )
=-0.635/1.850948
=-34.31 %

Advance Metals's Enterprise Value for the quarter that ended in Jun. 2024 was A$1.85 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Advance Metals's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$-0.64 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.


Advance Metals EV-to-EBIT Related Terms

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


Advance Metals Business Description

Traded in Other Exchanges
N/A
Address
89 York Street, Suite 706, Level 7, Sydney, NSW, AUS, 2000
Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.

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