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Altai Resources (Altai Resources) EV-to-EBIT : 0.84 (As of Apr. 25, 2024)


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What is Altai Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Altai Resources's Enterprise Value is $-0.08 Mil. Altai Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.10 Mil. Therefore, Altai Resources's EV-to-EBIT for today is 0.84.

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

ARSEF' s EV-to-EBIT Range Over the Past 10 Years
Min: -81.96   Med: 0.17   Max: 34.46
Current: 0.84

During the past 13 years, the highest EV-to-EBIT of Altai Resources was 34.46. The lowest was -81.96. And the median was 0.17.

ARSEF's EV-to-EBIT is ranked better than
96.47% of 736 companies
in the Oil & Gas industry
Industry Median: 8.475 vs ARSEF: 0.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Altai Resources's Enterprise Value for the quarter that ended in Sep. 2023 was $0.23 Mil. Altai Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.10 Mil. Altai Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -41.33%.


Altai Resources EV-to-EBIT Historical Data

The historical data trend for Altai 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.

Altai Resources EV-to-EBIT Chart

Altai Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.19 -0.62 -1.94 -10.25 -4.61

Altai Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.17 -4.61 -4.36 -0.24 -1.28

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

For the Oil & Gas E&P subindustry, Altai 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.


Altai Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altai Resources's EV-to-EBIT distribution charts can be found below:

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



Altai Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-0.081/-0.097
=0.84

Altai Resources's current Enterprise Value is $-0.08 Mil.
Altai Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


Altai Resources  (OTCPK:ARSEF) 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) %.

Altai Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-0.097/0.23468
=-41.33 %

Altai Resources's Enterprise Value for the quarter that ended in Sep. 2023 was $0.23 Mil.
Altai Resources's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


Altai Resources EV-to-EBIT Related Terms

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Altai Resources (Altai Resources) Business Description

Traded in Other Exchanges
Address
895 Don Mills Road, Suite 900, Two Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3
Altai Resources Inc is a Canadian based resource company, with a diversified portfolio of natural gas, oil and gold properties in Canada. It is engaged in the exploration and development of mineral properties. The company's properties portfolio includes Sorel-Trois Riviere's natural gas property, Cessford oil field, and Malartic gold project.

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