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Miramar Resources (ASX:M2R) EV-to-EBIT : -1.84 (As of May. 30, 2025)


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What is Miramar Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Miramar Resources's Enterprise Value is A$2.77 Mil. Miramar Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.50 Mil. Therefore, Miramar Resources's EV-to-EBIT for today is -1.84.

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

ASX:M2R' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.51   Med: 0   Max: 0
Current: -1.84

ASX:M2R's EV-to-EBIT is ranked worse than
100% of 594 companies
in the Metals & Mining industry
Industry Median: 11.79 vs ASX:M2R: -1.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Miramar Resources's Enterprise Value for the quarter that ended in Dec. 2024 was A$1.16 Mil. Miramar Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.50 Mil. Miramar Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -128.77%.


Miramar Resources EV-to-EBIT Historical Data

The historical data trend for Miramar 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.

Miramar Resources EV-to-EBIT Chart

Miramar Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24
EV-to-EBIT
-4.75 -2.02 -2.06 -0.52

Miramar Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - -2.06 - -0.52 -

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

For the Other Industrial Metals & Mining subindustry, Miramar 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.


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

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

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


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Miramar Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.766/-1.5
=-1.84

Miramar Resources's current Enterprise Value is A$2.77 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Miramar Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.50 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.


Miramar Resources  (ASX:M2R) 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) %.

Miramar Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2024 ) =EBIT / Enterprise Value (Q: Dec. 2024 )
=-1.5/1.1648805
=-128.77 %

Miramar Resources's Enterprise Value for the quarter that ended in Dec. 2024 was A$1.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Miramar Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-1.50 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.


Miramar Resources EV-to-EBIT Related Terms

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


Miramar Resources Business Description

Traded in Other Exchanges
N/A
Address
Unit 1, 22 Hardy Street, Perth, WA, AUS, 6151
Miramar Resources Ltd is a mineral exploration company. The company's projects are divided into two projects areas namely, the Eastern Goldfields and Gascoyne regions of Western Australia. Its project comprises of Gidji JV Project, Glandore Project, Randall's project, Whaleshark project, Bangemall Ni-Cu-PGE project and Chain project.

Miramar Resources Headlines

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