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Leading Edge Materials (Leading Edge Materials) EV-to-EBIT : -6.04 (As of May. 16, 2024)


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What is Leading Edge Materials EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Leading Edge Materials's Enterprise Value is $11.67 Mil. Leading Edge Materials's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-1.93 Mil. Therefore, Leading Edge Materials's EV-to-EBIT for today is -6.04.

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

LEMIF' s EV-to-EBIT Range Over the Past 10 Years
Min: -39.23   Med: 0   Max: 0
Current: -6.04

LEMIF's EV-to-EBIT is ranked worse than
100% of 577 companies
in the Metals & Mining industry
Industry Median: 12.94 vs LEMIF: -6.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Leading Edge Materials's Enterprise Value for the quarter that ended in Jan. 2024 was $17.45 Mil. Leading Edge Materials's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was $-1.93 Mil. Leading Edge Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -11.07%.


Leading Edge Materials EV-to-EBIT Historical Data

The historical data trend for Leading Edge Materials'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.

Leading Edge Materials EV-to-EBIT Chart

Leading Edge Materials Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.04 -11.03 -23.29 -8.24 -10.48

Leading Edge Materials Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -27.26 -15.15 -13.57 -10.48 -9.78

Competitive Comparison of Leading Edge Materials's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Leading Edge Materials'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.


Leading Edge Materials's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Leading Edge Materials EV-to-EBIT Calculation

Leading Edge Materials's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11.667/-1.932
=-6.04

Leading Edge Materials's current Enterprise Value is $11.67 Mil.
Leading Edge Materials's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.93 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.


Leading Edge Materials  (OTCPK:LEMIF) 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) %.

Leading Edge Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=-1.932/17.4492
=-11.07 %

Leading Edge Materials's Enterprise Value for the quarter that ended in Jan. 2024 was $17.45 Mil.
Leading Edge Materials's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.93 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.


Leading Edge Materials EV-to-EBIT Related Terms

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Leading Edge Materials (Leading Edge Materials) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Leading Edge Materials Corp is a Canada based exploration company. It is involved in the exploration and development of resource properties in Sweden and Finland with corporate operations in Canada. The company is focused on the supply of the materials needed for the generation, storage, and preservation of low carbon energy. The properties owned by the company are Woxna Graphite Mine located in central Sweden, and Norra Karr Mine, a rare earth element resource, located in south-central Sweden, and Bergby project.