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, Torex Gold Resources's Enterprise Value is C$1,562 Mil.
Torex Gold Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$286 Mil. Therefore, Torex Gold Resources's EV-to-EBIT ratio for today is 5.46.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Torex Gold Resources's Enterprise Value is C$1,562 Mil.
Torex Gold Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$559 Mil. Therefore, Torex Gold Resources's EV-to-EBITDA ratio for today is 2.80.
Torex Gold Resources Enterprise Value Historical Data
The historical data trend for Torex Gold Resources'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 Torex Gold Resources's Enterprise Value
For the Gold subindustry, Torex Gold Resources'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.
Torex Gold Resources's Enterprise Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Torex Gold Resources's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Torex Gold Resources's Enterprise Value falls into.
Torex Gold Resources 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.
Torex Gold Resources's Enterprise Value for the fiscal year that ended in Dec. 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.
Torex Gold Resources (TSX:TXG) 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.
Torex Gold Resources's current Enterprise Value is C$1,562 Mil.
Torex Gold Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$286 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Torex Gold Resources's current Enterprise Value is C$1,562 Mil.
Torex Gold Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$559 Mil.
Torex Gold Resources's current Enterprise Value is C$1,562 Mil.
Torex Gold Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$1,189 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.
Torex Gold Resources Enterprise Value Related Terms
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Torex Gold Resources (TSX:TXG) Business Description
Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.
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