What is Hastings Technology Metals Enterprise Value?
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, Hastings Technology Metals's Enterprise Value is A$209.28 Mil.
Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.42 Mil. Therefore, Hastings Technology Metals's EV-to-EBIT ratio for today is 147.59.
* 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 Hastings Technology Metals's Enterprise Value
For the Other Industrial Metals & Mining subindustry, Hastings Technology Metals'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.
Hastings Technology Metals's Enterprise Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Hastings Technology Metals's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Hastings Technology Metals's Enterprise Value falls into.
Hastings Technology Metals 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.
Hastings Technology Metals's Enterprise Value for the fiscal year that ended in Jun. 2023 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.
Hastings Technology Metals (ASX:HAS) 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.
Hastings Technology Metals's EV-to-EBIT for today is
Hastings Technology Metals's current Enterprise Value is A$209.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.42 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Hastings Technology Metals's EV-to-EBITDA for today is:
Hastings Technology Metals's current Enterprise Value is A$209.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$1.94 Mil.
Hastings Technology Metals's current Enterprise Value is A$209.28 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals'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.
Hastings Technology Metals Enterprise Value Related Terms
Thank you for viewing the detailed overview of Hastings Technology Metals's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.
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