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Grid Metals (Grid Metals) EV-to-EBITDA : -2.13 (As of Jun. 25, 2024)


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What is Grid Metals EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Grid Metals's enterprise value is $8.44 Mil. Grid Metals's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-3.95 Mil. Therefore, Grid Metals's EV-to-EBITDA for today is -2.13.

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

MSMGF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -24.75   Med: 0   Max: 0
Current: -2.16

MSMGF's EV-to-EBITDA is ranked worse than
100% of 626 companies
in the Metals & Mining industry
Industry Median: 9.48 vs MSMGF: -2.16

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 (2024-06-25), Grid Metals's stock price is $0.0484. Grid Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.029. Therefore, Grid Metals'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.


Grid Metals EV-to-EBITDA Historical Data

The historical data trend for Grid Metals'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.

Grid Metals EV-to-EBITDA Chart

Grid Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.01 -3.16 -1.63 49.93 -1.94

Grid Metals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 49.93 57.62 13.14 -1.94 -2.35

Competitive Comparison of Grid Metals's EV-to-EBITDA

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


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

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

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



Grid Metals EV-to-EBITDA Calculation

Grid Metals's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8.437/-3.952
=-2.13

Grid Metals's current Enterprise Value is $8.44 Mil.
Grid Metals's EBITDA 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 $-3.95 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.


Grid Metals  (OTCPK:MSMGF) 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.

Grid Metals's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.0484/-0.029
=At Loss

Grid Metals's share price for today is $0.0484.
Grid Metals's Earnings per Share (Diluted) 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 $-0.029.

* 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?


Grid Metals EV-to-EBITDA Related Terms

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


Grid Metals (Grid Metals) Business Description

Traded in Other Exchanges
Address
3335 Yonge Street, Suite 304, Toronto, ON, CAN, M5N 2M1
Grid Metals Corp is an exploration and development company currently focused on exploration and resource growth at its properties in Manitoba and Ontario. The company has a diversified portfolio of properties where it is actively exploring for Nickel-Copper-PGM-Cobalt, palladium, and lithium. The Makwa Mayville Project 145 km from Winnipeg MB has a significant NI 43-101 compliant resource of nickel-copper and platinum group metals and a highly prospective lithium property.