Cannindah Resources (ASX:CAE) EV-to-EBIT : -18.93 (As of Jun. 23, 2024)

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What is Cannindah Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cannindah Resources's Enterprise Value is A$34.45 Mil. Cannindah Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.82 Mil. Therefore, Cannindah Resources's EV-to-EBIT for today is -18.93.

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

ASX:CAE' s EV-to-EBIT Range Over the Past 10 Years
Min: -162.17 Med: -25.4 Max: -10.54
Current: -18.93

During the past 13 years, the highest EV-to-EBIT of Cannindah Resources was -10.54. The lowest was -162.17. And the median was -25.40.

ASX:CAE's EV-to-EBIT is ranked worse than
100% of 571 companies
in the Metals & Mining industry
Industry Median: 12.52 vs ASX:CAE: -18.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cannindah Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$57.57 Mil. Cannindah Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.82 Mil. Cannindah Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.16%.

Cannindah Resources EV-to-EBIT Historical Data

The historical data trend for Cannindah 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.

Cannindah Resources EV-to-EBIT Chart

Cannindah Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EV-to-EBIT

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-5.04

-15.64

6.37

-61.60

-44.07

Cannindah Resources 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															-	-61.60	-	-44.07	-

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

For the Other Precious Metals & Mining subindustry, Cannindah 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.

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

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

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

Cannindah Resources EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	34.446	/	-1.82
	=	-18.93

Cannindah Resources's current Enterprise Value is A$34.45 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cannindah Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.82 Mil.

Cannindah Resources (ASX:CAE) 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) %.

Cannindah 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 )
	=	-1.82	/	57.569
	=	-3.16 %

Cannindah Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$57.57 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Cannindah Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.82 Mil.

Cannindah Resources EV-to-EBIT Related Terms

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

Cannindah Resources (ASX:CAE) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Queensland Avenue, Office 4D, 4th Floor, BROADBEACH, QLD, AUS, 4218

Website

https://www.cannindah.com.au

Cannindah Resources Ltd is an Australia-based exploration and resource development company. It is engaged in mineral exploration, evaluation, and progressing the development of its various mineral projects. It focuses on copper and gold with projects based in Queensland, Australia. The company holds an interest in the Mount Cannindah copper-gold project. The Mount Cannindah copper-gold project is located to the south of Gladstone, Queensland. The company is also engaged in the Piccadilly project.