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Midas Minerals (ASX:MM1) EV-to-EBIT : -7.11 (As of May. 27, 2025)


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What is Midas Minerals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midas Minerals's Enterprise Value is A$27.47 Mil. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.87 Mil. Therefore, Midas Minerals's EV-to-EBIT for today is -7.11.

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

ASX:MM1' s EV-to-EBIT Range Over the Past 10 Years
Min: -7.11   Med: 0   Max: 0
Current: -7.11

ASX:MM1's EV-to-EBIT is ranked worse than
100% of 599 companies
in the Metals & Mining industry
Industry Median: 11.85 vs ASX:MM1: -7.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midas Minerals's Enterprise Value for the quarter that ended in Dec. 2024 was A$8.16 Mil. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.87 Mil. Midas Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -47.41%.


Midas Minerals EV-to-EBIT Historical Data

The historical data trend for Midas 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.

Midas Minerals EV-to-EBIT Chart

Midas Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBIT
- -2.51 -6.13 -2.04 -2.11

Midas Minerals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
EV-to-EBIT Get a 7-Day Free Trial -6.13 - -2.04 - -2.11

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

For the Other Precious Metals & Mining subindustry, Midas 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.


Midas Minerals's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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


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Midas Minerals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=27.473/-3.866
=-7.11

Midas Minerals's current Enterprise Value is A$27.47 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.87 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.


Midas Minerals  (ASX:MM1) 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) %.

Midas Minerals'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 )
=-3.866/8.15508
=-47.41 %

Midas Minerals's Enterprise Value for the quarter that ended in Dec. 2024 was A$8.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was A$-3.87 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.


Midas Minerals EV-to-EBIT Related Terms

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


Midas Minerals Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Midas Minerals Ltd is an is a junior mineral exploration company with a primary focus on lithium and gold. Its projects include the Yellowknife Lithium Project, Greenbush Lithium Project, Newington Gold, Lithium Project, Weebo Gold Project, Challa Gold, and Nickel-Copper-PGE Pro.

Midas Minerals Headlines

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