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Globex Mining Enterprises (TSX:GMX) EV-to-EBIT : 21.58 (As of May. 13, 2024)


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What is Globex Mining Enterprises EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Globex Mining Enterprises's Enterprise Value is C$28.42 Mil. Globex Mining Enterprises's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.32 Mil. Therefore, Globex Mining Enterprises's EV-to-EBIT for today is 21.58.

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

TSX:GMX' s EV-to-EBIT Range Over the Past 10 Years
Min: -516.29   Med: -10.35   Max: 1405.51
Current: 21.58

During the past 13 years, the highest EV-to-EBIT of Globex Mining Enterprises was 1405.51. The lowest was -516.29. And the median was -10.35.

TSX:GMX's EV-to-EBIT is ranked worse than
70.54% of 577 companies
in the Metals & Mining industry
Industry Median: 12.93 vs TSX:GMX: 21.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Globex Mining Enterprises's Enterprise Value for the quarter that ended in Dec. 2023 was C$26.81 Mil. Globex Mining Enterprises's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.32 Mil. Globex Mining Enterprises's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.91%.


Globex Mining Enterprises EV-to-EBIT Historical Data

The historical data trend for Globex Mining Enterprises'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.

Globex Mining Enterprises EV-to-EBIT Chart

Globex Mining Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.67 6.08 1.08 -7.50 20.35

Globex Mining Enterprises 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 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 -7.50 -3.21 -11.08 -12.26 20.35

Competitive Comparison of Globex Mining Enterprises's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Globex Mining Enterprises'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.


Globex Mining Enterprises's EV-to-EBIT Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Globex Mining Enterprises's EV-to-EBIT falls into.



Globex Mining Enterprises EV-to-EBIT Calculation

Globex Mining Enterprises's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=28.421/1.317
=21.58

Globex Mining Enterprises's current Enterprise Value is C$28.42 Mil.
Globex Mining Enterprises'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 C$1.32 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.


Globex Mining Enterprises  (TSX:GMX) 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) %.

Globex Mining Enterprises'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 )
=1.317/26.805604
=4.91 %

Globex Mining Enterprises's Enterprise Value for the quarter that ended in Dec. 2023 was C$26.81 Mil.
Globex Mining Enterprises'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 C$1.32 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.


Globex Mining Enterprises EV-to-EBIT Related Terms

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


Globex Mining Enterprises (TSX:GMX) Business Description

Traded in Other Exchanges
Address
89 Belsize Drive, Toronto, ON, CAN, M4S 1L3
Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.
Executives
Chris Bryan Director

Globex Mining Enterprises (TSX:GMX) Headlines

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