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Rio Tinto (Rio Tinto) EV-to-EBIT

: 7.20 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rio Tinto's Enterprise Value is $113,320 Mil. Rio Tinto's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $15,742 Mil. Therefore, Rio Tinto's EV-to-EBIT for today is 7.20.

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

RIO' s EV-to-EBIT Range Over the Past 10 Years
Min: -77.73   Med: 7.96   Max: 293.19
Current: 7.3

During the past 13 years, the highest EV-to-EBIT of Rio Tinto was 293.19. The lowest was -77.73. And the median was 7.96.

RIO's EV-to-EBIT is ranked better than
69.19% of 581 companies
in the Metals & Mining industry
Industry Median: 12.61 vs RIO: 7.30

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Rio Tinto's Enterprise Value for the quarter that ended in Dec. 2023 was $127,145 Mil. Rio Tinto's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $15,742 Mil. Rio Tinto's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.38%.


Rio Tinto EV-to-EBIT Historical Data

The historical data trend for Rio Tinto'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.

Rio Tinto Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.78 7.87 3.50 5.89 8.02

Rio Tinto 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 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 Premium Member Only Premium Member Only Premium Member Only 3.50 - 5.89 - 8.02

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Rio Tinto'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.


Rio Tinto EV-to-EBIT Distribution

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

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



Rio Tinto EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=113320.159/15742
=7.20

Rio Tinto's current Enterprise Value is $113,320 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rio Tinto's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $15,742 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.


Rio Tinto  (NYSE:RIO) 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) %.

Rio Tinto'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 )
=15742/127145.3284
=12.38 %

Rio Tinto's Enterprise Value for the quarter that ended in Dec. 2023 was $127,145 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rio Tinto's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $15,742 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.


Rio Tinto EV-to-EBIT Related Terms

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


Rio Tinto (Rio Tinto) Business Description

Address
6 St James’s Square, London, GBR, SW1Y 4AD
Rio Tinto is a global diversified miner. Iron ore is the dominant commodity, with significantly lesser contributions from copper, aluminum, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity, with shareholders in each company having equivalent economic and voting rights. Major assets included its Pilbara iron ore operations, a 30% stake in the Escondida copper mine, 66%-ownership of the Oyu Tolgoi copper mine in Mongolia, the Weipa and Gove bauxite mines in Australia, and six hydro-powered aluminum smelters in Canada.