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Nex Metals Exploration (ASX:NME) EV-to-EBIT : -11.77 (As of May. 05, 2024)


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What is Nex Metals Exploration EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nex Metals Exploration's Enterprise Value is A$8.07 Mil. Nex Metals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.69 Mil. Therefore, Nex Metals Exploration's EV-to-EBIT for today is -11.77.

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

ASX:NME' s EV-to-EBIT Range Over the Past 10 Years
Min: -11.77   Med: -0.5   Max: -0.27
Current: -11.77

During the past 13 years, the highest EV-to-EBIT of Nex Metals Exploration was -0.27. The lowest was -11.77. And the median was -0.50.

ASX:NME's EV-to-EBIT is ranked worse than
100% of 571 companies
in the Metals & Mining industry
Industry Median: 12.84 vs ASX:NME: -11.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nex Metals Exploration's Enterprise Value for the quarter that ended in Dec. 2023 was A$10.89 Mil. Nex Metals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.69 Mil. Nex Metals Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.30%.


Nex Metals Exploration EV-to-EBIT Historical Data

The historical data trend for Nex Metals Exploration'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.

Nex Metals Exploration EV-to-EBIT Chart

Nex Metals Exploration Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.93 -714.95 -4.70 -5.09 -6.42

Nex Metals Exploration Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -5.09 - -6.42 -

Competitive Comparison of Nex Metals Exploration's EV-to-EBIT

For the Gold subindustry, Nex Metals Exploration'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.


Nex Metals Exploration's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nex Metals Exploration's EV-to-EBIT falls into.



Nex Metals Exploration EV-to-EBIT Calculation

Nex Metals Exploration's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8.072/-0.686
=-11.77

Nex Metals Exploration's current Enterprise Value is A$8.07 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nex Metals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.69 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.


Nex Metals Exploration  (ASX:NME) 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) %.

Nex Metals Exploration'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 )
=-0.686/10.89299
=-6.30 %

Nex Metals Exploration's Enterprise Value for the quarter that ended in Dec. 2023 was A$10.89 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nex Metals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.69 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.


Nex Metals Exploration EV-to-EBIT Related Terms

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


Nex Metals Exploration (ASX:NME) Business Description

Traded in Other Exchanges
N/A
Address
45 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017
Nex Metals Exploration Ltd engages in the exploration and mining of mineral properties in Western Australia. It explores for gold, copper, and nickel. The company holds an interest in the Kookynie Gold Project, Yundamindra Gold Project, and Kookynie Tailings Research Project. The company generates majority of the revenue from Australia.

Nex Metals Exploration (ASX:NME) Headlines

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