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Fortune Minerals (Fortune Minerals) EV-to-EBIT

: -16.57 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortune Minerals's Enterprise Value is $19.10 Mil. Fortune Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.15 Mil. Therefore, Fortune Minerals's EV-to-EBIT for today is -16.57.

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

FTMDF' s EV-to-EBIT Range Over the Past 10 Years
Min: -456.95   Med: 0   Max: 45.1
Current: -16.57

During the past 13 years, the highest EV-to-EBIT of Fortune Minerals was 45.10. The lowest was -456.95. And the median was 0.00.

FTMDF's EV-to-EBIT is ranked worse than
100% of 581 companies
in the Metals & Mining industry
Industry Median: 12.61 vs FTMDF: -16.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortune Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was $22.57 Mil. Fortune Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.15 Mil. Fortune Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -5.11%.


Fortune Minerals EV-to-EBIT Historical Data

The historical data trend for Fortune Minerals'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => -23.38 [6] => -97.36 [7] => -77.64 [8] => -87.22 [9] => -18.55 )
Fortune Minerals 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 -23.38 -97.36 -77.64 -87.22 -18.55

Fortune Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -87.22 -28.60 -29.05 -27.52 -18.55

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Fortune Minerals'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.


Fortune Minerals EV-to-EBIT Distribution

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

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



Fortune Minerals EV-to-EBIT Calculation

Fortune Minerals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19.103/-1.153
=-16.57

Fortune Minerals's current Enterprise Value is $19.10 Mil.
Fortune Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.15 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.


Fortune Minerals  (OTCPK:FTMDF) 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) %.

Fortune Minerals'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 )
=-1.153/22.565608
=-5.11 %

Fortune Minerals's Enterprise Value for the quarter that ended in Dec. 2023 was $22.57 Mil.
Fortune Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.15 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.


Fortune Minerals EV-to-EBIT Related Terms

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Fortune Minerals (Fortune Minerals) Business Description

Traded in Other Exchanges
Address
617 Wellington Street, London, ON, CAN, N6A 3R6
Fortune Minerals Ltd is a Canadian mining and mine development company focused on developing the NICO Cobalt-Gold-Bismuth Copper Project in the Northwest Territories. The company plans to build a hydrometallurgical plant in southern Canada to process NICO metal concentrates. It also owns the satellite Sue-Dianne Copper-Silver-Gold Deposit located 25 km north of the NICO Project, which is a potential future source of incremental mill feed to extend the life.

Fortune Minerals (Fortune Minerals) Headlines

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