Accelerate Resources (ASX:AX8) EV-to-EBIT : -1.00 (As of Dec. 15, 2024)

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What is Accelerate Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Accelerate Resources's Enterprise Value is A$2.68 Mil. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.68 Mil. Therefore, Accelerate Resources's EV-to-EBIT for today is -1.00.

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

ASX:AX8' s EV-to-EBIT Range Over the Past 10 Years
Min: -12.47 Med: 0 Max: 0.37
Current: -1

During the past 7 years, the highest EV-to-EBIT of Accelerate Resources was 0.37. The lowest was -12.47. And the median was 0.00.

ASX:AX8's EV-to-EBIT is ranked worse than
100% of 596 companies
in the Metals & Mining industry
Industry Median: 11.585 vs ASX:AX8: -1.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Accelerate Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$21.17 Mil. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.68 Mil. Accelerate Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.67%.

Accelerate Resources EV-to-EBIT Historical Data

The historical data trend for Accelerate Resources'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.

Accelerate Resources EV-to-EBIT Chart

Accelerate Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

EV-to-EBIT

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-0.93

-1.00

-4.79

-2.41

-8.14

Accelerate Resources Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
EV-to-EBIT	Get a 7-Day Free Trial								-4.79	-	-2.41	-	-8.14

Competitive Comparison of Accelerate Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Accelerate Resources'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.

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

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

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

Accelerate Resources EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	2.683	/	-2.683
	=	-1.00

Accelerate Resources's current Enterprise Value is A$2.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.68 Mil.

Accelerate Resources (ASX:AX8) 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) %.

Accelerate Resources'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 )
	=	-2.683	/	21.173284
	=	-12.67 %

Accelerate Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$21.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.68 Mil.

Accelerate Resources EV-to-EBIT Related Terms

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

Accelerate Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Accelerate Resources Ltd (ASX:AX8) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ord Street, Suite 1, Ground Floor, Unit G1, West Perth, Perth, WA, AUS, 6005

Website

https://www.ax8.com.au

Accelerate Resources Ltd is an Australia-based company engaged in the business of investment in the resources sector. It focuses on Manganese, lithium and other minerals exploration. The company's projects include Comet gold project, Pilbara lithium project, Braeside West and Ripon Hills East Manganese Projects and Mt Read Project. The Group has organised its operations into one reportable segment being: Exploration and evaluation assets, which includes assets that are associated with the determination and assessment of the existence of commercial economic reserves.

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