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Minco Capital (TSXV:MMM) EV-to-EBIT : 2.29 (As of Apr. 27, 2024)


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What is Minco Capital EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Minco Capital's Enterprise Value is C$-3.18 Mil. Minco Capital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.39 Mil. Therefore, Minco Capital's EV-to-EBIT for today is 2.29.

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

TSXV:MMM' s EV-to-EBIT Range Over the Past 10 Years
Min: -67.55   Med: 1.95   Max: 46.33
Current: 2.29

During the past 13 years, the highest EV-to-EBIT of Minco Capital was 46.33. The lowest was -67.55. And the median was 1.95.

TSXV:MMM's EV-to-EBIT is ranked better than
80.48% of 502 companies
in the Asset Management industry
Industry Median: 9.75 vs TSXV:MMM: 2.29

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Minco Capital's Enterprise Value for the quarter that ended in Dec. 2023 was C$-3.18 Mil. Minco Capital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.39 Mil. Minco Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 43.71%.


Minco Capital EV-to-EBIT Historical Data

The historical data trend for Minco Capital'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.

Minco Capital EV-to-EBIT Chart

Minco Capital 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 -4.07 3.96 3.66 1.68 2.29

Minco Capital 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 1.68 1.35 9.67 3.07 2.29

Competitive Comparison of Minco Capital's EV-to-EBIT

For the Asset Management subindustry, Minco Capital'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.


Minco Capital's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Minco Capital's EV-to-EBIT distribution charts can be found below:

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



Minco Capital EV-to-EBIT Calculation

Minco Capital's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-3.184/-1.388
=2.29

Minco Capital's current Enterprise Value is C$-3.18 Mil.
Minco Capital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.39 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.


Minco Capital  (TSXV:MMM) 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) %.

Minco Capital'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 )
=-1.388/-3.175555
=43.71 %

Minco Capital's Enterprise Value for the quarter that ended in Dec. 2023 was C$-3.18 Mil.
Minco Capital's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.39 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.


Minco Capital EV-to-EBIT Related Terms

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


Minco Capital (TSXV:MMM) Business Description

Traded in Other Exchanges
Address
No. 2060 - 1055 West Georgia Street, PO Box 11176, Vancouver, BC, CAN, V6E 3R5
Minco Capital Corp is a Canadian company that is focused on utilizing its working capital position, industry contacts and internal expertise to identify, evaluate and invest in assets that have the capacity to generate returns and growth. The company invests in publicly traded and privately held corporations as well as taking indirect and direct ownership stakes in resource projects. Its types of investments may include common shares, preferred shares, warrants, royalties, convertible debentures, bridge loans, and other investment vehicles. It has one segment which is the acquisition and sale of investments in other companies.

Minco Capital (TSXV:MMM) Headlines

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