Fredonia Mining (TSXV:FRED) EV-to-EBIT : -1.95 (As of May. 16, 2024)

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What is Fredonia Mining EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fredonia Mining's Enterprise Value is C$7.65 Mil. Fredonia Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-3.93 Mil. Therefore, Fredonia Mining's EV-to-EBIT for today is -1.95.

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

TSXV:FRED' s EV-to-EBIT Range Over the Past 10 Years
Min: -114.73 Med: 0 Max: 34.14
Current: -1.95

During the past 4 years, the highest EV-to-EBIT of Fredonia Mining was 34.14. The lowest was -114.73. And the median was 0.00.

TSXV:FRED's EV-to-EBIT is ranked worse than
100% of 577 companies
in the Metals & Mining industry
Industry Median: 12.94 vs TSXV:FRED: -1.95

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fredonia Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$6.95 Mil. Fredonia Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-3.93 Mil. Fredonia Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -56.59%.

Fredonia Mining EV-to-EBIT Historical Data

The historical data trend for Fredonia 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.

Fredonia Mining EV-to-EBIT Chart

Fredonia Mining Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

EV-to-EBIT

-6.57

-4.19

-3.57

Fredonia Mining Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial										-2.67	-2.39	-2.53	-3.57	-1.77

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

For the Other Precious Metals & Mining subindustry, Fredonia 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.

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

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

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

Fredonia Mining EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	7.645	/	-3.93
	=	-1.95

Fredonia Mining's current Enterprise Value is C$7.65 Mil.
Fredonia Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.93 Mil.

Fredonia Mining (TSXV:FRED) 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) %.

Fredonia 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 )
	=	-3.93	/	6.9452
	=	-56.59 %

Fredonia Mining's Enterprise Value for the quarter that ended in Dec. 2023 was C$6.95 Mil.
Fredonia Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.93 Mil.

Fredonia Mining EV-to-EBIT Related Terms

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Fredonia Mining (TSXV:FRED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fredonia Mining Inc (TSXV:FRED) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

350 Bay Street, Number 700, Toronto, ON, CAN, M5H 2S6

Website

https://www.fredoniamanagement.com

Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Fredonia holds licenses over three areas in the Deseado including the flagship El Dorado Monserrat Project, EDM, as well as El Aguila, and Hornia. Fredonia has undertaken exploration drill programs on EDM and El Aguila with encouraging results. Hornia is an underexplored area but historic drilling indicates the realistic potential for further discoveries. El Aguila is interpreted as a failed caldera with significant gold mineralization encountered in the radial as well as ring structures.

Executives

Estanislao Ricardo Auriemma

Director, Senior Officer

Fredonia Mining (TSXV:FRED) Headlines

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