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Fortune Asia Group (ASX:FYA) EV-to-EBIT : -14.74 (As of Jun. 10, 2024)


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What is Fortune Asia Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortune Asia Group's Enterprise Value is A$3.64 Mil. Fortune Asia Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was A$-0.25 Mil. Therefore, Fortune Asia Group's EV-to-EBIT for today is -14.74.

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

ASX:FYA's EV-to-EBIT is not ranked *
in the Metals & Mining industry.
Industry Median: 12.805
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortune Asia Group's Enterprise Value for the quarter that ended in Jun. 2018 was A$4.13 Mil. Fortune Asia Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was A$-0.25 Mil. Fortune Asia Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 was -5.98%.


Fortune Asia Group EV-to-EBIT Historical Data

The historical data trend for Fortune Asia Group'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.

Fortune Asia Group EV-to-EBIT Chart

Fortune Asia Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18
EV-to-EBIT
-122.00 -39.82 -6.86 -18.68 -20.91

Fortune Asia Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only -6.86 - -18.68 - -20.91

Competitive Comparison of Fortune Asia Group's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Fortune Asia Group'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.


Fortune Asia Group's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Fortune Asia Group's EV-to-EBIT falls into.



Fortune Asia Group EV-to-EBIT Calculation

Fortune Asia Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.640/-0.247
=-14.74

Fortune Asia Group's current Enterprise Value is A$3.64 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortune Asia Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was A$-0.25 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.


Fortune Asia Group  (ASX:FYA) 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) %.

Fortune Asia Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2018 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2018 ) =EBIT / Enterprise Value (Q: Jun. 2018 )
=-0.247/4.132
=-5.98 %

Fortune Asia Group's Enterprise Value for the quarter that ended in Jun. 2018 was A$4.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortune Asia Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2018 was A$-0.25 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.


Fortune Asia Group EV-to-EBIT Related Terms

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Fortune Asia Group (ASX:FYA) Business Description

Traded in Other Exchanges
N/A
Address
377 Kent Street, Suite 525, Sydney, NSW, AUS, 2000
Fortune Asia Group Ltd, formerly Emperor Range Group Ltd is engaged in mining and exploration at the tenements situated in Xinjiang Uygur Autonomous Region of the People's Republic of China.

Fortune Asia Group (ASX:FYA) Headlines

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