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Oceana Lithium (ASX:OCN) EV-to-EBITDA : (As of May. 24, 2024)


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What is Oceana Lithium EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Oceana Lithium's enterprise value is A$0.37 Mil. Oceana Lithium does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Oceana Lithium's EV-to-EBITDA at this moment.

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

ASX:OCN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -18.29   Med: 0   Max: 0
Current: -0.12

ASX:OCN's EV-to-EBITDA is ranked worse than
100% of 613 companies
in the Metals & Mining industry
Industry Median: 10.29 vs ASX:OCN: -0.12

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 (2024-05-24), Oceana Lithium's stock price is A$0.045. Oceana Lithium does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023. Therefore, GuruFocus does not calculate Oceana Lithium's PE Ratio at this moment.

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


Oceana Lithium EV-to-EBITDA Historical Data

The historical data trend for Oceana Lithium'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.

Oceana Lithium EV-to-EBITDA Chart

Oceana Lithium Annual Data
Trend Dec21 Jun23
EV-to-EBITDA
- -16.01

Oceana Lithium Semi-Annual Data
Dec22 Jun23 Dec23
EV-to-EBITDA - - -

Competitive Comparison of Oceana Lithium's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Oceana Lithium'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.


Oceana Lithium's EV-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Oceana Lithium EV-to-EBITDA Calculation

Oceana Lithium's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=0.366/
=


Oceana Lithium  (ASX:OCN) 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.

Oceana Lithium's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.045/
=

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?


Oceana Lithium EV-to-EBITDA Related Terms

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


Oceana Lithium (ASX:OCN) Business Description

Traded in Other Exchanges
N/A
Address
33 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Oceana Lithium Ltd is a mineral exploration and development company focused on the discovery and delineation of lithium mineral resources in two mining-friendly jurisdictions, the state of Ceara, Brazil, and the Northern Territory, Australia. It holds interest in the Solonopole lithium project in Brazil and the Napperby lithium project in Northern Territory.