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Norandaome Fund (TSX:NIF.UN) EV-to-EBIT : 12.79 (As of Apr. 26, 2024)


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What is Norandaome Fund EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norandaome Fund's Enterprise Value is C$477 Mil. Norandaome Fund's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was C$37 Mil. Therefore, Norandaome Fund's EV-to-EBIT for today is 12.79.

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

TSX:NIF.UN's EV-to-EBIT is not ranked *
in the Metals & Mining industry.
Industry Median: 12.66
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Norandaome Fund's Enterprise Value for the quarter that ended in Sep. 2022 was C$423 Mil. Norandaome Fund's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was C$37 Mil. Norandaome Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was 8.82%.


Norandaome Fund EV-to-EBIT Historical Data

The historical data trend for Norandaome Fund'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.

Norandaome Fund EV-to-EBIT Chart

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.10 12.74 39.98 -15.11 -8.54

Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -67.47 -8.54 -3.53 7.09 11.33

Competitive Comparison of Norandaome Fund's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.


Norandaome Fund's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Norandaome Fund EV-to-EBIT Calculation

Norandaome Fund's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=477.301/37.314
=12.79

Norandaome Fund's current Enterprise Value is C$477 Mil.
Norandaome Fund's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$37 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.


Norandaome Fund  (TSX:NIF.UN) 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) %.

Norandaome Fund's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2022 ) =EBIT / Enterprise Value (Q: Sep. 2022 )
=37.314/422.8789
=8.82 %

Norandaome Fund's Enterprise Value for the quarter that ended in Sep. 2022 was C$423 Mil.
Norandaome Fund's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$37 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.


Norandaome Fund EV-to-EBIT Related Terms

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


Norandaome Fund (TSX:NIF.UN) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Norandaome Fund (TSX:NIF.UN) Headlines

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