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Fenix Resources (ASX:FEX) Enterprise Value : A$186.7 Mil (As of May. 08, 2024)


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What is Fenix 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, Fenix Resources's Enterprise Value is A$186.7 Mil. Fenix Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$58.4 Mil. Therefore, Fenix Resources's EV-to-EBIT ratio for today is 3.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fenix Resources's Enterprise Value is A$186.7 Mil. Fenix Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$69.4 Mil. Therefore, Fenix Resources's EV-to-EBITDA ratio for today is 2.69.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fenix Resources's Enterprise Value is A$186.7 Mil. Fenix Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$238.7 Mil. Therefore, Fenix Resources's EV-to-Revenue ratio for today is 0.78.


Fenix Resources Enterprise Value Historical Data

The historical data trend for Fenix 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.

Fenix Resources Enterprise Value Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.99 20.38 95.24 61.31 125.78

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 82.65 61.31 111.82 125.78 162.26

Competitive Comparison of Fenix Resources's Enterprise Value

For the Steel subindustry, Fenix 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.


Fenix Resources's Enterprise Value Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's Enterprise Value distribution charts can be found below:

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



Fenix 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.

Fenix Resources's Enterprise Value for the fiscal year that ended in Jun. 2023 is calculated as

Fenix Resources's Enterprise Value for the quarter 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.


Fenix Resources  (ASX:FEX) 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.

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=186.705/58.43
=3.20

Fenix Resources's current Enterprise Value is A$186.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$58.4 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=186.705/69.4
=2.69

Fenix Resources's current Enterprise Value is A$186.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$69.4 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=186.705/238.74
=0.78

Fenix Resources's current Enterprise Value is A$186.7 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$238.7 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.


Fenix Resources Enterprise Value Related Terms

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Fenix Resources (ASX:FEX) Business Description

Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.