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Resolute Mining (Resolute Mining) EV-to-EBIT : 5.49 (As of May. 02, 2024)


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What is Resolute Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Resolute Mining's Enterprise Value is $603.4 Mil. Resolute Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $109.9 Mil. Therefore, Resolute Mining's EV-to-EBIT for today is 5.49.

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

RMGGF' s EV-to-EBIT Range Over the Past 10 Years
Min: -40.95   Med: 4.49   Max: 64.93
Current: 5.49

During the past 13 years, the highest EV-to-EBIT of Resolute Mining was 64.93. The lowest was -40.95. And the median was 4.49.

RMGGF's EV-to-EBIT is ranked better than
76.81% of 565 companies
in the Metals & Mining industry
Industry Median: 12.89 vs RMGGF: 5.49

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Resolute Mining's Enterprise Value for the quarter that ended in Dec. 2023 was $642.1 Mil. Resolute Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $109.9 Mil. Resolute Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 17.12%.


Resolute Mining EV-to-EBIT Historical Data

The historical data trend for Resolute Mining'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.

Resolute Mining EV-to-EBIT Chart

Resolute Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -41.54 68.65 -1.53 41.24 5.56

Resolute Mining 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 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 -1.53 - 41.24 - 5.56

Competitive Comparison of Resolute Mining's EV-to-EBIT

For the Gold subindustry, Resolute Mining'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.


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

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

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



Resolute Mining EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=603.426/109.907
=5.49

Resolute Mining's current Enterprise Value is $603.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Resolute Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $109.9 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.


Resolute Mining  (OTCPK:RMGGF) 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) %.

Resolute Mining'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 )
=109.907/642.08803
=17.12 %

Resolute Mining's Enterprise Value for the quarter that ended in Dec. 2023 was $642.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Resolute Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $109.9 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.


Resolute Mining EV-to-EBIT Related Terms

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


Resolute Mining (Resolute Mining) Business Description

Traded in Other Exchanges
Address
152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000
Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.

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