Nickel Industries (ASX:NIC) EV-to-EBIT : 8.79 (As of Apr. 28, 2024)

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What is Nickel Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nickel Industries's Enterprise Value is A$3,858 Mil. Nickel Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$439 Mil. Therefore, Nickel Industries's EV-to-EBIT for today is 8.79.

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

ASX:NIC' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.1 Med: 9.73 Max: 17.5
Current: 8.79

During the past 5 years, the highest EV-to-EBIT of Nickel Industries was 17.50. The lowest was 6.10. And the median was 9.73.

ASX:NIC's EV-to-EBIT is ranked better than
62.91% of 577 companies
in the Metals & Mining industry
Industry Median: 12.76 vs ASX:NIC: 8.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nickel Industries's Enterprise Value for the quarter that ended in Dec. 2023 was A$3,803 Mil. Nickel Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$439 Mil. Nickel Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.55%.

Nickel Industries EV-to-EBIT Historical Data

The historical data trend for Nickel Industries'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.

Nickel Industries EV-to-EBIT Chart

Nickel Industries Annual Data

Trend

Jun19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

7.51

12.09

15.79

10.71

8.65

Nickel Industries Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial							15.79	-	10.71	-	8.65

Competitive Comparison of Nickel Industries's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.

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

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

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

Nickel Industries EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	3857.917	/	439.065
	=	8.79

Nickel Industries's current Enterprise Value is A$3,858 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$439 Mil.

Nickel Industries (ASX:NIC) 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) %.

Nickel Industries'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 )
	=	439.065	/	3802.79495
	=	11.55 %

Nickel Industries's Enterprise Value for the quarter that ended in Dec. 2023 was A$3,803 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nickel Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$439 Mil.

Nickel Industries EV-to-EBIT Related Terms

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Nickel Industries (ASX:NIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nickel Industries Ltd (ASX:NIC) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

NICMF:USA NM5:Germany

Address

66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.nickelmines.com.au

Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.