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Rincon Resources (ASX:RCR) EV-to-EBIT : -17.23 (As of May. 14, 2024)


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What is Rincon Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rincon Resources's Enterprise Value is A$21.99 Mil. Rincon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.28 Mil. Therefore, Rincon Resources's EV-to-EBIT for today is -17.23.

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

ASX:RCR' s EV-to-EBIT Range Over the Past 10 Years
Min: -24.46   Med: 0   Max: 1.2
Current: -17.23

During the past 4 years, the highest EV-to-EBIT of Rincon Resources was 1.20. The lowest was -24.46. And the median was 0.00.

ASX:RCR's EV-to-EBIT is ranked worse than
100% of 575 companies
in the Metals & Mining industry
Industry Median: 12.94 vs ASX:RCR: -17.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Rincon Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.96 Mil. Rincon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.28 Mil. Rincon Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -32.19%.


Rincon Resources EV-to-EBIT Historical Data

The historical data trend for Rincon 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.

Rincon Resources EV-to-EBIT Chart

Rincon Resources Annual Data
Trend Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
- -7.61 -3.12 -2.49

Rincon Resources Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - -3.12 - -2.49 -

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

For the Other Precious Metals & Mining subindustry, Rincon 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.


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

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

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



Rincon Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21.987/-1.276
=-17.23

Rincon Resources's current Enterprise Value is A$21.99 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rincon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.28 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.


Rincon Resources  (ASX:RCR) 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) %.

Rincon Resources'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 )
=-1.276/3.963564
=-32.19 %

Rincon Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.96 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rincon Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.28 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.


Rincon Resources EV-to-EBIT Related Terms

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


Rincon Resources (ASX:RCR) Business Description

Traded in Other Exchanges
N/A
Address
295 Rokeby Road, Suite 1, Subiaco, Perth, WA, AUS, 6008
Rincon Resources Ltd is engaged in the acquisition, exploration, and development of resource projects in Western Australia with a focus on gold and base metals. Its projects include the South Telfer project, Laverton project, and Kiwirrkurra project. The firm is managed on the basis of the evaluation of its gold and copper exploration tenements in Australia and its corporate activities.

Rincon Resources (ASX:RCR) Headlines

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