Heavy Rare Earths (ASX:HRE) EV-to-EBIT : (As of Jun. 15, 2024)

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What is Heavy Rare Earths EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heavy Rare Earths's Enterprise Value is A$0.47 Mil. Heavy Rare Earths does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's EV-to-EBIT at this moment.

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

ASX:HRE' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.6 Med: 0 Max: 0
Current: -0.96

ASX:HRE's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 12.54 vs ASX:HRE: -0.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heavy Rare Earths's Enterprise Value for the quarter that ended in Dec. 2023 was A$2.79 Mil. Heavy Rare Earths does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Heavy Rare Earths's Earnings Yield (Joel Greenblatt) % at this moment.

Heavy Rare Earths EV-to-EBIT Historical Data

The historical data trend for Heavy Rare Earths'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.

Heavy Rare Earths EV-to-EBIT Chart

Heavy Rare Earths Annual Data

Trend

Jun23

EV-to-EBIT

-2.21

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
EV-to-EBIT	-	-	-

Competitive Comparison of Heavy Rare Earths's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths'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.

Heavy Rare Earths's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Heavy Rare Earths's EV-to-EBIT falls into.

Heavy Rare Earths EV-to-EBIT Calculation

Heavy Rare Earths's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	0.472	/
	=

Heavy Rare Earths (ASX:HRE) 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) %.

Heavy Rare Earths'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 )
	=		/	2.793506
	=	%

Heavy Rare Earths EV-to-EBIT Related Terms

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

Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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