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Maritime Resources (TSXV:MAE) Enterprise Value : C$97.76 Mil (As of Apr. 26, 2025)


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What is Maritime Resources 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, Maritime Resources's Enterprise Value is C$97.76 Mil. Maritime Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was C$-5.07 Mil. Therefore, Maritime Resources's EV-to-EBIT ratio for today is -19.28.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Maritime Resources's Enterprise Value is C$97.76 Mil. Maritime Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 was C$-4.85 Mil. Therefore, Maritime Resources's EV-to-EBITDA ratio for today is -20.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Maritime Resources's Enterprise Value is C$97.76 Mil. Maritime Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 was C$0.00 Mil. Therefore, Maritime Resources's EV-to-Revenue ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Maritime Resources's Enterprise Value is C$97.76 Mil. Maritime Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 was C$-3.76 Mil. Therefore, Maritime Resources's EV-to-FCF ratio for today is -26.03.


Maritime Resources Enterprise Value Historical Data

The historical data trend for Maritime 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.

* Premium members only.

Maritime Resources Enterprise Value Chart

Maritime Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.86 48.01 19.23 29.14 52.06

Maritime Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Enterprise Value 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 29.14 36.59 35.33 36.21 52.06

Competitive Comparison of Maritime Resources's Enterprise Value

For the Gold subindustry, Maritime 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.


Maritime Resources's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Maritime Resources's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Maritime Resources's Enterprise Value falls into.


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Maritime 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.

Maritime Resources's Enterprise Value for the fiscal year that ended in Dec. 2024 is calculated as

Maritime Resources's Enterprise Value for the quarter that ended in Dec. 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.


Maritime Resources  (TSXV:MAE) 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.

Maritime Resources's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=97.763/-5.072
=-19.28

Maritime Resources's current Enterprise Value is C$97.76 Mil.
Maritime Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.07 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Maritime Resources's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=97.763/-4.848
=-20.17

Maritime Resources's current Enterprise Value is C$97.76 Mil.
Maritime Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.85 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Maritime Resources's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=97.763/0
=

Maritime Resources's current Enterprise Value is C$97.76 Mil.
Maritime Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

4. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Maritime Resources's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=97.763/-3.756
=-26.03

Maritime Resources's current Enterprise Value is C$97.76 Mil.
Maritime Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.76 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.


Maritime Resources Enterprise Value Related Terms

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Maritime Resources Business Description

Traded in Other Exchanges
Address
650 West Georgia Street, Suite 3200, Vancouver, BC, CAN, V6B 4P7
Maritime Resources Corp is a gold exploration and development company focused on advancing the Hammerdown Gold Project in the Baie Verte District of Newfoundland and Labrador. It holds interest directly and subject to option agreements entitling it to earn 100% ownership in the Green Bay Property which includes the former Hammerdown gold mine and the Orion gold project. Maritime controls over 439 km2 of exploration land including the Green Bay, Whisker Valley, Gull Ridge, and Point Rousse projects.
Executives
Garett Macdonald Senior Officer
Dundee Corporation 10% Security Holder

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