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Western Mines Group (ASX:WMG) EV-to-EBIT : -18.03 (As of Jun. 22, 2024)


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What is Western Mines Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Western Mines Group's Enterprise Value is A$24.12 Mil. Western Mines Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.34 Mil. Therefore, Western Mines Group's EV-to-EBIT for today is -18.03.

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

ASX:WMG' s EV-to-EBIT Range Over the Past 10 Years
Min: -40.22   Med: 0   Max: 0
Current: -18.03

ASX:WMG's EV-to-EBIT is ranked worse than
100% of 571 companies
in the Metals & Mining industry
Industry Median: 12.52 vs ASX:WMG: -18.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Western Mines Group's Enterprise Value for the quarter that ended in Dec. 2023 was A$15.46 Mil. Western Mines Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.34 Mil. Western Mines Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.65%.


Western Mines Group EV-to-EBIT Historical Data

The historical data trend for Western Mines Group'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.

Western Mines Group EV-to-EBIT Chart

Western Mines Group Annual Data
Trend Jun21 Jun22 Jun23
EV-to-EBIT
- -1.32 -22.33

Western Mines Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT - -1.32 - -22.33 -

Competitive Comparison of Western Mines Group's EV-to-EBIT

For the Gold subindustry, Western Mines Group'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.


Western Mines Group's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Mines Group's EV-to-EBIT falls into.



Western Mines Group EV-to-EBIT Calculation

Western Mines Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24.120/-1.338
=-18.03

Western Mines Group's current Enterprise Value is A$24.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Mines Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.34 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.


Western Mines Group  (ASX:WMG) 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) %.

Western Mines Group'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 )
=-1.338/15.464316
=-8.65 %

Western Mines Group's Enterprise Value for the quarter that ended in Dec. 2023 was A$15.46 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Mines Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.34 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.


Western Mines Group EV-to-EBIT Related Terms

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


Western Mines Group (ASX:WMG) Business Description

Traded in Other Exchanges
N/A
Address
33 Ord Street, Level 3, West Perth, WA, AUS, 6005
Western Mines Group Ltd is a mineral exploration company engaged in the exploration and discovery of high-value gold and nickel sulphide deposits across a portfolio prospective projects located on mineral belts of Western Australia. Some of its projects include Mulga Tank Ni-Cu-PGE Project, Melita Gold Project, Jasper Hill Gold Project, Youanmi Gold Project, Pavarotti Ni-Cu-PGE Project, Rock of Ages Gold Project, Broken Hill Bore Gold Project, and Pinyalling Gold Project.