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B2Gold (B2Gold) EV-to-EBIT : 11.20 (As of Jul. 22, 2024)


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What is B2Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, B2Gold's Enterprise Value is $3,295 Mil. B2Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $294 Mil. Therefore, B2Gold's EV-to-EBIT for today is 11.20.

The historical rank and industry rank for B2Gold's EV-to-EBIT or its related term are showing as below:

BTG' s EV-to-EBIT Range Over the Past 10 Years
Min: -40.17   Med: 7.06   Max: 89.27
Current: 11.2

During the past 13 years, the highest EV-to-EBIT of B2Gold was 89.27. The lowest was -40.17. And the median was 7.06.

BTG's EV-to-EBIT is ranked better than
52.21% of 565 companies
in the Metals & Mining industry
Industry Median: 12.49 vs BTG: 11.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. B2Gold's Enterprise Value for the quarter that ended in Mar. 2024 was $2,984 Mil. B2Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $294 Mil. B2Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.86%.


B2Gold EV-to-EBIT Historical Data

The historical data trend for B2Gold'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.

B2Gold EV-to-EBIT Chart

B2Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.37 5.30 4.89 6.12 12.11

B2Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.53 6.66 5.75 12.11 10.29

Competitive Comparison of B2Gold's EV-to-EBIT

For the Gold subindustry, B2Gold'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.


B2Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, B2Gold's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where B2Gold's EV-to-EBIT falls into.



B2Gold EV-to-EBIT Calculation

B2Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3294.864/294.143
=11.20

B2Gold's current Enterprise Value is $3,295 Mil.
B2Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $294 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.


B2Gold  (AMEX:BTG) 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) %.

B2Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=294.143/2983.526
=9.86 %

B2Gold's Enterprise Value for the quarter that ended in Mar. 2024 was $2,984 Mil.
B2Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $294 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.


B2Gold EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of B2Gold's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


B2Gold (B2Gold) Business Description

Address
666 Burrard Street, Park Place, Suite 3400, Vancouver, BC, CAN, V6C 2X8
B2Gold Corp is an international, low-cost, senior gold mining company. It has three operating open-pit gold mines in Mali, Namibia, and the Philippines and numerous exploration projects across four continents. Other significant assets include the Gramalote and Kiaka gold projects. The company focuses on acquiring and developing interests in mineral properties with a primary focus on gold deposits as gold production forms all its revenue. There is no dependence on a particular purchaser because the gold is sold into a global market. The company's reportable operating segments include its mining operations and development projects, namely Fekola; Masbate; Otjikoto; other mineral properties; and corporate and other. It generates maximum revenue from the Fekola mine segment in Mali.