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Equatorial Resources (ASX:EQX) EV-to-EBITDA : -3.38 (As of Jul. 15, 2024)


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What is Equatorial Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Equatorial Resources's enterprise value is A$4.06 Mil. Equatorial Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.20 Mil. Therefore, Equatorial Resources's EV-to-EBITDA for today is -3.38.

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

ASX:EQX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -6.17   Med: 0   Max: 14.37
Current: -3.38

During the past 13 years, the highest EV-to-EBITDA of Equatorial Resources was 14.37. The lowest was -6.17. And the median was 0.00.

ASX:EQX's EV-to-EBITDA is ranked worse than
100% of 528 companies
in the Steel industry
Industry Median: 9.405 vs ASX:EQX: -3.38

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-07-15), Equatorial Resources's stock price is A$0.15. Equatorial Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.027. Therefore, Equatorial Resources's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Equatorial Resources EV-to-EBITDA Historical Data

The historical data trend for Equatorial Resources's EV-to-EBITDA 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.

Equatorial Resources EV-to-EBITDA Chart

Equatorial Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.30 8.90 -0.07 -2.36 -1.37

Equatorial Resources 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-EBITDA 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 - -2.36 - -1.37 -

Competitive Comparison of Equatorial Resources's EV-to-EBITDA

For the Steel subindustry, Equatorial Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Equatorial Resources's EV-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Equatorial Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Equatorial Resources's EV-to-EBITDA falls into.



Equatorial Resources EV-to-EBITDA Calculation

Equatorial Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4.055/-1.201
=-3.38

Equatorial Resources's current Enterprise Value is A$4.06 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Equatorial Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.20 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.


Equatorial Resources  (ASX:EQX) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Equatorial Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.15/-0.027
=At Loss

Equatorial Resources's share price for today is A$0.15.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Equatorial Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.027.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Equatorial Resources EV-to-EBITDA Related Terms

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


Equatorial Resources (ASX:EQX) Business Description

Traded in Other Exchanges
N/A
Address
28 The Esplanade, Level 9, BGC Centre, Perth, WA, AUS, 6000
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.

Equatorial Resources (ASX:EQX) Headlines