Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Globe Metals & Mining's Enterprise Value is A$27.67 Mil.
Globe Metals & Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.38 Mil. Therefore, Globe Metals & Mining's EV-to-EBIT ratio for today is -8.18.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Globe Metals & Mining's Enterprise Value is A$27.67 Mil.
Globe Metals & Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.36 Mil. Therefore, Globe Metals & Mining's EV-to-EBITDA ratio for today is -8.23.
Globe Metals & Mining Enterprise Value Historical Data
The historical data trend for Globe Metals & Mining's Enterprise Value 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.
Competitive Comparison of Globe Metals & Mining's Enterprise Value
For the Other Industrial Metals & Mining subindustry, Globe Metals & Mining's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Globe Metals & Mining's Enterprise Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Globe Metals & Mining's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Globe Metals & Mining's Enterprise Value falls into.
Globe Metals & Mining Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Globe Metals & Mining's Enterprise Value for the fiscal year that ended in Jun. 2024 is calculated as
* 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.
Globe Metals & Mining (ASX:GBE) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Globe Metals & Mining's current Enterprise Value is A$27.67 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Globe Metals & Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.38 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Globe Metals & Mining's EV-to-EBITDA for today is:
Globe Metals & Mining's current Enterprise Value is A$27.67 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Globe Metals & Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.36 Mil.
Globe Metals & Mining's current Enterprise Value is A$27.67 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Globe Metals & Mining's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.00 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.
Globe Metals & Mining Enterprise Value Related Terms
Thank you for viewing the detailed overview of Globe Metals & Mining's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Globe Metals & Mining Ltd is an Australian firm engaged in investment, exploration, and development of mineral resources in Australia and Africa. The company's project is the development of the Kanyika Niobium Project in Malawi. It is focused on multi-commodity Kanyika Niobium Project in Malawi, which produces niobium pentoxide and tantalum pentoxide. Its segment includes Africa-Kanyika and Africa Exploration.
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