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Allkem (ASX:AKE) EV-to-EBIT : 4.42 (As of May. 11, 2024)


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What is Allkem EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Allkem's Enterprise Value is A$5,571 Mil. Allkem's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was A$1,261 Mil. Therefore, Allkem's EV-to-EBIT for today is 4.42.

The historical rank and industry rank for Allkem's EV-to-EBIT or its related term are showing as below:

ASX:AKE' s EV-to-EBIT Range Over the Past 10 Years
Min: -3392.62   Med: 4.22   Max: 880.08
Current: 4.42

During the past 13 years, the highest EV-to-EBIT of Allkem was 880.08. The lowest was -3392.62. And the median was 4.22.

ASX:AKE's EV-to-EBIT is not ranked
in the Metals & Mining industry.
Industry Median: 12.91 vs ASX:AKE: 4.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Allkem's Enterprise Value for the quarter that ended in Jun. 2023 was A$9,734 Mil. Allkem's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was A$1,261 Mil. Allkem's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 12.96%.


Allkem EV-to-EBIT Historical Data

The historical data trend for Allkem's EV-to-EBIT 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.

Allkem EV-to-EBIT Chart

Allkem Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.12 -10.24 -1,695.20 9.90 7.70

Allkem Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EV-to-EBIT 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 -1,695.20 - 9.90 - 7.70

Competitive Comparison of Allkem's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Allkem's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Allkem's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Allkem's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Allkem's EV-to-EBIT falls into.



Allkem EV-to-EBIT Calculation

Allkem's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5570.941/1260.995
=4.42

Allkem's current Enterprise Value is A$5,571 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Allkem's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was A$1,261 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.


Allkem  (ASX:AKE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Allkem's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=1260.995/9733.53316
=12.96 %

Allkem's Enterprise Value for the quarter that ended in Jun. 2023 was A$9,734 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Allkem's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was A$1,261 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.


Allkem EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Allkem's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Allkem (ASX:AKE) Business Description

Traded in Other Exchanges
N/A
Address
71 Eagle Street, Level 35, Riparian Plaza, Brisbane, QLD, AUS, 4000
Allkem Ltd formerly Orocobre Ltd is an industrial chemical and mineral exploration company. It explores and develops lithium, potash, and salar mineral deposits. The company's segments are Corporate, Borax, Olaroz, Mt Cattlin, James Bay, and Sal De Vida projects. The majority of the company's revenue is derived from the Mt Cattlin segment. Its products are classified into minerals, refined products and boric acid used in various markets from agriculture, ceramics, glass, gold assay and smelting fluxes, wood protection, and a variety of specialty applications. The Group operates in Argentina and Australia.

Allkem (ASX:AKE) Headlines

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