EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fenix Resources's Enterprise Value is A$158.9 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 for today is 2.72.
The historical rank and industry rank for Fenix Resources's EV-to-EBIT or its related term are showing as below:
ASX:FEX'
s EV-to-EBIT Range Over the Past 10 Years
Min: 0.24 Med: 1.08 Max: 3.39
Current: 2.72
During the past 13 years, the highest EV-to-EBIT of Fenix Resources was 3.39. The lowest was 0.24. And the median was 1.08.
ASX:FEX's EV-to-EBIT is ranked better than 90.98% of 499
companies
in the Steel industry
Industry Median: 11.16
vs ASX:FEX: 2.72
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fenix Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$162.3 Mil.
Fenix Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$58.4 Mil. Fenix Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 36.01%.
Fenix Resources EV-to-EBIT Historical Data
The historical data trend for Fenix Resources'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.
Competitive Comparison of Fenix Resources's EV-to-EBIT
For the Steel subindustry, Fenix Resources'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.
Fenix Resources's EV-to-EBIT Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Fenix Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Fenix Resources's EV-to-EBIT falls into.
Fenix Resources EV-to-EBIT Calculation
Fenix Resources's EV-to-EBIT for today is calculated as:
Fenix Resources's current Enterprise Value is A$158.9 Mil.
For company reported semi-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.
* 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) 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.
Fenix Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$162.3 Mil.
For company reported semi-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.
* 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 EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Fenix Resources's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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