Surefire Resources NL (ASX:SRN) EV-to-EBIT : -3.26 (As of Jun. 06, 2024)

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What is Surefire Resources NL EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Surefire Resources NL's Enterprise Value is A$13.39 Mil. Surefire Resources NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.11 Mil. Therefore, Surefire Resources NL's EV-to-EBIT for today is -3.26.

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

ASX:SRN' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.74 Med: -0.15 Max: 0.45
Current: -3.26

During the past 13 years, the highest EV-to-EBIT of Surefire Resources NL was 0.45. The lowest was -3.74. And the median was -0.15.

ASX:SRN's EV-to-EBIT is ranked worse than
100% of 565 companies
in the Metals & Mining industry
Industry Median: 12.85 vs ASX:SRN: -3.26

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Surefire Resources NL's Enterprise Value for the quarter that ended in Dec. 2023 was A$14.18 Mil. Surefire Resources NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.11 Mil. Surefire Resources NL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.96%.

Surefire Resources NL EV-to-EBIT Historical Data

The historical data trend for Surefire Resources NL'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.

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Surefire Resources NL EV-to-EBIT Chart

Surefire Resources NL Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EV-to-EBIT

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-0.61

-2.15

-3.70

-11.00

-6.23

Surefire Resources NL 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															-	-11.00	-	-6.23	-

Competitive Comparison of Surefire Resources NL's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Surefire Resources NL'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.

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

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

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

Surefire Resources NL EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	13.385	/	-4.107
	=	-3.26

Surefire Resources NL's current Enterprise Value is A$13.39 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Surefire Resources NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.11 Mil.

Surefire Resources NL (ASX:SRN) 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) %.

Surefire Resources NL'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 )
	=	-4.107	/	14.18086
	=	-28.96 %

Surefire Resources NL's Enterprise Value for the quarter that ended in Dec. 2023 was A$14.18 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Surefire Resources NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.11 Mil.

Surefire Resources NL EV-to-EBIT Related Terms

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

Surefire Resources NL (ASX:SRN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Surefire Resources NL (ASX:SRN) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

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Address

100 Mill Point Road, Unit 10, South Perth, Perth, WA, AUS, 6151

Website

https://www.surefireresources.com.au

Surefire Resources NL is a mineral exploration company. The company's projects include Vanadium Resources and Kooline Lead-Silver Project. The Vanadium Resources Project is located in the Mid West of Western Australia and the Kooline Project is located in the Ashburton province of Western Australia. Business revenue is received from sources and assets located within Australia. The Company focussed on progressing the Victory Bore project and advancing the Yidby (gold) project, along with exploration on its other greenfield projects at Kadji (nickel-copper-PGE's) and Kooline (lead-silver), andPerenjori Iron Ore projects.

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