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Mineral Resources (ASX:MIN) EV-to-EBIT : 35.81 (As of May. 11, 2024)


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What is Mineral Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mineral Resources's Enterprise Value is A$18,658 Mil. Mineral Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$521 Mil. Therefore, Mineral Resources's EV-to-EBIT for today is 35.81.

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

ASX:MIN' s EV-to-EBIT Range Over the Past 10 Years
Min: -58.58   Med: 7.6   Max: 35.81
Current: 35.81

During the past 13 years, the highest EV-to-EBIT of Mineral Resources was 35.81. The lowest was -58.58. And the median was 7.60.

ASX:MIN's EV-to-EBIT is ranked worse than
82.64% of 576 companies
in the Metals & Mining industry
Industry Median: 12.91 vs ASX:MIN: 35.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mineral Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$17,178 Mil. Mineral Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$521 Mil. Mineral Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.03%.


Mineral Resources EV-to-EBIT Historical Data

The historical data trend for Mineral 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.

* Premium members only.

Mineral Resources EV-to-EBIT Chart

Mineral Resources 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 14.02 2.46 5.27 16.39 27.09

Mineral Resources 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 - 16.39 - 27.09 -

Competitive Comparison of Mineral Resources's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Mineral 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.


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

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

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



Mineral Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=18658.260/521.1
=35.81

Mineral Resources's current Enterprise Value is A$18,658 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mineral Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$521 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.


Mineral Resources  (ASX:MIN) 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) %.

Mineral Resources'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 )
=521.1/17177.96
=3.03 %

Mineral Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$17,178 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mineral Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$521 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.


Mineral Resources EV-to-EBIT Related Terms

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


Mineral Resources (ASX:MIN) Business Description

Traded in Other Exchanges
Address
20 Walters Drive, Osborne Park, Applecross, Western Australia, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.