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Millennial Potash (TSXV:MLP) EV-to-EBITDA : -3.17 (As of May. 03, 2024)


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What is Millennial Potash EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Millennial Potash's enterprise value is C$15.63 Mil. Millennial Potash's EBITDA for the trailing twelve months (TTM) ended in Nov. 2023 was C$-4.94 Mil. Therefore, Millennial Potash's EV-to-EBITDA for today is -3.17.

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

TSXV:MLP' s EV-to-EBITDA Range Over the Past 10 Years
Min: -27.53   Med: 0   Max: 0
Current: -3.16

TSXV:MLP's EV-to-EBITDA is ranked worse than
100% of 618 companies
in the Metals & Mining industry
Industry Median: 9.965 vs TSXV:MLP: -3.16

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 (2024-05-03), Millennial Potash's stock price is C$0.28. Millennial Potash's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 was C$-0.110. Therefore, Millennial Potash'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.


Millennial Potash EV-to-EBITDA Historical Data

The historical data trend for Millennial Potash'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.

Millennial Potash EV-to-EBITDA Chart

Millennial Potash Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
EV-to-EBITDA
- - -4.10 -5.99 -2.04

Millennial Potash Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -13.95 -5.94 -4.22 -2.04 -1.79

Competitive Comparison of Millennial Potash's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Millennial Potash'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.


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

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

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



Millennial Potash EV-to-EBITDA Calculation

Millennial Potash's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=15.632/-4.938
=-3.17

Millennial Potash's current Enterprise Value is C$15.63 Mil.
Millennial Potash's EBITDA for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.94 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.


Millennial Potash  (TSXV:MLP) 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.

Millennial Potash's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.28/-0.110
=At Loss

Millennial Potash's share price for today is C$0.28.
Millennial Potash's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.110.

* 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?


Millennial Potash EV-to-EBITDA Related Terms

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


Millennial Potash (TSXV:MLP) Business Description

Traded in Other Exchanges
Address
300-1455 Bellevue Avenue, West Vancouver, Vancouver, BC, CAN, V7T 1C3
Millennial Potash Corp is a Canadian resource company focused on the exploration and development of potash deposits. The company's flagship asset is the Banio Potash Project located along the coast of Gabon, West Africa, which has the potential to have all the right characteristics to become a producer of potash.

Millennial Potash (TSXV:MLP) Headlines

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