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Nican (TSXV:NICN) EV-to-EBIT : -0.46 (As of Dec. 15, 2024)


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What is Nican EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nican's Enterprise Value is C$1.61 Mil. Nican's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$-3.47 Mil. Therefore, Nican's EV-to-EBIT for today is -0.46.

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

TSXV:NICN' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.22   Med: 0   Max: 0.1
Current: -0.46

During the past 3 years, the highest EV-to-EBIT of Nican was 0.10. The lowest was -5.22. And the median was 0.00.

TSXV:NICN's EV-to-EBIT is ranked worse than
100% of 596 companies
in the Metals & Mining industry
Industry Median: 11.585 vs TSXV:NICN: -0.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nican's Enterprise Value for the quarter that ended in Sep. 2024 was C$2.42 Mil. Nican's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$-3.47 Mil. Nican's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -143.45%.


Nican EV-to-EBIT Historical Data

The historical data trend for Nican'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.

Nican EV-to-EBIT Chart

Nican Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- -0.71 -0.58

Nican Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.57 -0.58 -2.12 -0.76 -0.70

Competitive Comparison of Nican's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Nican'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.


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

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

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



Nican EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.605/-3.47
=-0.46

Nican's current Enterprise Value is C$1.61 Mil.
Nican's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.47 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.


Nican  (TSXV:NICN) 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) %.

Nican's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=-3.47/2.4189505
=-143.45 %

Nican's Enterprise Value for the quarter that ended in Sep. 2024 was C$2.42 Mil.
Nican's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.47 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.


Nican EV-to-EBIT Related Terms

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


Nican Business Description

Traded in Other Exchanges
Address
390 Bay Street, Suite 700A, Toronto, ON, CAN, M4V 1X7
Nican Ltd engages in exploring, developing, operating, and financing mining assets. Its principal business activity is the exploration and evaluation of mineral properties. The company is focused on nickel-copper opportunities in stable jurisdictions on known mineral belts. Its project comprises of wine project and pipy project both located in well-established mining jurisdictions in Manitoba, Canada.
Executives
Bradley Dean Humphrey Director, Senior Officer
Shaun Perin Heinrichs Senior Officer
Michael Hoffman Director
Alison Sagateh Williams Director

Nican Headlines

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