Heavy Minerals (ASX:HVY) EV-to-EBIT : -3.04 (As of Jun. 22, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Heavy Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heavy Minerals's Enterprise Value is A$4.02 Mil. Heavy Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.32 Mil. Therefore, Heavy Minerals's EV-to-EBIT for today is -3.04.

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

ASX:HVY' s EV-to-EBIT Range Over the Past 10 Years
Min: -16.08 Med: 0 Max: 0
Current: -3.04

ASX:HVY's EV-to-EBIT is ranked worse than
100% of 571 companies
in the Metals & Mining industry
Industry Median: 12.52 vs ASX:HVY: -3.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heavy Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$6.34 Mil. Heavy Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.32 Mil. Heavy Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -20.88%.

Heavy Minerals EV-to-EBIT Historical Data

The historical data trend for Heavy Minerals'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 Minerals EV-to-EBIT Chart

Heavy Minerals Annual Data

Trend

Jun22

Jun23

EV-to-EBIT

-4.74

-4.29

Heavy Minerals Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Heavy Minerals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Heavy Minerals'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 Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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

Heavy Minerals EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	4.017	/	-1.323
	=	-3.04

Heavy Minerals's current Enterprise Value is A$4.02 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heavy Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.32 Mil.

Heavy Minerals (ASX:HVY) 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 Minerals'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 )
	=	-1.323	/	6.33637
	=	-20.88 %

Heavy Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was A$6.34 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Heavy Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.32 Mil.

Heavy Minerals EV-to-EBIT Related Terms

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

Heavy Minerals (ASX:HVY) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 Saint Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.heavyminerals.com

Heavy Minerals Ltd is a mineral exploration and development company. It holds the right to acquire the Port Gregory Tenements, comprising five granted exploration licenses; and has applied for a mining concession at the Inhambane Project, comprising one mining concession license application. The firm operates in one business segment being the exploration for minerals with entities based in three geographic segments, being Australia, Mauritius and Mozambique.

Heavy Minerals (ASX:HVY) Headlines

No Headlines