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Hastings Technology Metals (ASX:HAS) EV-to-EBIT : 13.14 (As of May. 05, 2024)


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What is Hastings Technology Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hastings Technology Metals's Enterprise Value is A$165.94 Mil. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$12.63 Mil. Therefore, Hastings Technology Metals's EV-to-EBIT for today is 13.14.

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

ASX:HAS' s EV-to-EBIT Range Over the Past 10 Years
Min: -155.86   Med: 0   Max: 19.48
Current: 13.14

During the past 13 years, the highest EV-to-EBIT of Hastings Technology Metals was 19.48. The lowest was -155.86. And the median was 0.00.

ASX:HAS's EV-to-EBIT is ranked worse than
51.14% of 571 companies
in the Metals & Mining industry
Industry Median: 12.84 vs ASX:HAS: 13.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hastings Technology Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$212.01 Mil. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$12.63 Mil. Hastings Technology Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.96%.


Hastings Technology Metals EV-to-EBIT Historical Data

The historical data trend for Hastings Technology Metals'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.

Hastings Technology Metals EV-to-EBIT Chart

Hastings Technology Metals 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 -21.97 -26.17 -29.39 -28.43 21.05

Hastings Technology Metals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - -28.43 - 21.05 -

Competitive Comparison of Hastings Technology Metals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Hastings Technology Metals'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.


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

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

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



Hastings Technology Metals EV-to-EBIT Calculation

Hastings Technology Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=165.941/12.631
=13.14

Hastings Technology Metals's current Enterprise Value is A$165.94 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$12.63 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.


Hastings Technology Metals  (ASX:HAS) 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) %.

Hastings Technology Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=12.631/212.008833136
=5.96 %

Hastings Technology Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$212.01 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$12.63 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.


Hastings Technology Metals EV-to-EBIT Related Terms

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


Hastings Technology Metals (ASX:HAS) Business Description

Traded in Other Exchanges
Address
197 St Georges Terrace, Level 6, Perth, WA, AUS, 6000
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia covering an area of approximately 650 square kilometres; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.