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Metal Energy (TSXV:MERG) EV-to-EBIT : -1.26 (As of Jun. 21, 2024)


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What is Metal Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Metal Energy's Enterprise Value is C$0.97 Mil. Metal Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.77 Mil. Therefore, Metal Energy's EV-to-EBIT for today is -1.26.

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

TSXV:MERG' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.26   Med: 0   Max: 0.03
Current: -1.25

During the past 3 years, the highest EV-to-EBIT of Metal Energy was 0.03. The lowest was -1.26. And the median was 0.00.

TSXV:MERG's EV-to-EBIT is ranked worse than
100% of 569 companies
in the Metals & Mining industry
Industry Median: 12.57 vs TSXV:MERG: -1.25

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Metal Energy's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.95 Mil. Metal Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.77 Mil. Metal Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -81.10%.


Metal Energy EV-to-EBIT Historical Data

The historical data trend for Metal Energy'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.

Metal Energy EV-to-EBIT Chart

Metal Energy Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
-1.93 -0.22 -1.77

Metal Energy Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.46 -0.22 -0.49 -1.77 -1.23

Competitive Comparison of Metal Energy's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Metal Energy'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.


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

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

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



Metal Energy EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.968/-0.769
=-1.26

Metal Energy's current Enterprise Value is C$0.97 Mil.
Metal Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.77 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.


Metal Energy  (TSXV:MERG) 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) %.

Metal Energy'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 )
=-0.769/0.94822
=-81.10 %

Metal Energy's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.95 Mil.
Metal Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.77 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.


Metal Energy EV-to-EBIT Related Terms

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


Metal Energy (TSXV:MERG) Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1805, Toronto, ON, CAN, M5J 2H7
Metal Energy Corp is engaged in the acquisition and exploration of mineral properties. It is focused on exploring Nickel, Copper, and PGE deposit on its Manibridge Mine and Strange projects, in the politically stable jurisdictions of Manitoba and Ontario, Canada.

Metal Energy (TSXV:MERG) Headlines

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