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Red Metal (ASX:RDM) EV-to-EBIT : -3.04 (As of Jun. 21, 2024)


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What is Red Metal EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Red Metal's Enterprise Value is A$36.99 Mil. Red Metal's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-12.16 Mil. Therefore, Red Metal's EV-to-EBIT for today is -3.04.

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

ASX:RDM' s EV-to-EBIT Range Over the Past 10 Years
Min: -10.53   Med: 0   Max: 0
Current: -3.05

ASX:RDM's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 12.57 vs ASX:RDM: -3.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Red Metal's Enterprise Value for the quarter that ended in Dec. 2023 was A$24.08 Mil. Red Metal's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-12.16 Mil. Red Metal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -50.49%.


Red Metal EV-to-EBIT Historical Data

The historical data trend for Red Metal'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.

Red Metal EV-to-EBIT Chart

Red Metal 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 -7.72 -4.89 -6.52 -2.25 -0.94

Red Metal 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 - -2.25 - -0.94 -

Competitive Comparison of Red Metal's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Red Metal'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.


Red Metal's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Red Metal EV-to-EBIT Calculation

Red Metal's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=36.988/-12.159
=-3.04

Red Metal's current Enterprise Value is A$36.99 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Red Metal's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-12.16 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.


Red Metal  (ASX:RDM) 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) %.

Red Metal'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 )
=-12.159/24.082362
=-50.49 %

Red Metal's Enterprise Value for the quarter that ended in Dec. 2023 was A$24.08 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Red Metal's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-12.16 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.


Red Metal EV-to-EBIT Related Terms

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


Red Metal (ASX:RDM) Business Description

Traded in Other Exchanges
N/A
Address
323 Castlereagh Street, Level 15, Sydney, NSW, AUS, 2000
Red Metal Ltd is a minerals exploration company. It explores for copper, nickel, uranium, zircon-titanium, silver, zinc, gold, and potash deposits. It owns projects including Punt Hill, and Pernatty Lagoon Project, Pardoo Nickel-Copper-PGE, Corkwood Project, Maronan Project and among others. It operates in the mining industry in Australia.

Red Metal (ASX:RDM) Headlines

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