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Grangex AB (NGM:GRANGX) EV-to-EBIT : -23.60 (As of Jun. 05, 2024)


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What is Grangex AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Grangex AB's Enterprise Value is kr218.27 Mil. Grangex AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr-9.25 Mil. Therefore, Grangex AB's EV-to-EBIT for today is -23.60.

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

NGM:GRANGX' s EV-to-EBIT Range Over the Past 10 Years
Min: -1052.8   Med: -2.42   Max: 51.9
Current: -23.6

During the past 13 years, the highest EV-to-EBIT of Grangex AB was 51.90. The lowest was -1052.80. And the median was -2.42.

NGM:GRANGX's EV-to-EBIT is ranked worse than
100% of 565 companies
in the Metals & Mining industry
Industry Median: 12.85 vs NGM:GRANGX: -23.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Grangex AB's Enterprise Value for the quarter that ended in Dec. 2023 was kr282.78 Mil. Grangex AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was kr-9.25 Mil. Grangex AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.27%.


Grangex AB EV-to-EBIT Historical Data

The historical data trend for Grangex AB'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.

Grangex AB EV-to-EBIT Chart

Grangex AB 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 - -49.60 -16.33 -11.69 -20.87

Grangex AB Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -11.69 -30.59 -44.33 -21.07 -20.87

Competitive Comparison of Grangex AB's EV-to-EBIT

For the Other Precious Metals & Mining subindustry, Grangex AB'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.


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

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

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



Grangex AB EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=218.273/-9.249
=-23.60

Grangex AB's current Enterprise Value is kr218.27 Mil.
Grangex AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-9.25 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.


Grangex AB  (NGM:GRANGX) 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) %.

Grangex AB'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 )
=-9.249/282.776196536
=-3.27 %

Grangex AB's Enterprise Value for the quarter that ended in Dec. 2023 was kr282.78 Mil.
Grangex AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-9.25 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.


Grangex AB EV-to-EBIT Related Terms

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


Grangex AB (NGM:GRANGX) Business Description

Traded in Other Exchanges
N/A
Address
Sandhamnsgatan 48A, Stockholm, SWE, 115 60
Grangex AB is a European mineral development company that develops and engages in the responsible extraction and recycling of minerals that contribute to society and climate. Its operations include Grangex Dannemora: Grangex Apatite: and Sala Bly.

Grangex AB (NGM:GRANGX) Headlines

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