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African Rainbow Minerals (JSE:ARI) EV-to-EBITDA : 6.62 (As of May. 01, 2024)


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What is African Rainbow Minerals EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, African Rainbow Minerals's enterprise value is R30,855 Mil. African Rainbow Minerals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R4,658 Mil. Therefore, African Rainbow Minerals's EV-to-EBITDA for today is 6.62.

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

JSE:ARI' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.64   Med: 6.39   Max: 28.54
Current: 6.62

During the past 13 years, the highest EV-to-EBITDA of African Rainbow Minerals was 28.54. The lowest was 1.64. And the median was 6.39.

JSE:ARI's EV-to-EBITDA is ranked better than
65.43% of 619 companies
in the Metals & Mining industry
Industry Median: 10.08 vs JSE:ARI: 6.62

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-01), African Rainbow Minerals's stock price is R196.24. African Rainbow Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R24.960. Therefore, African Rainbow Minerals's PE Ratio for today is 7.86.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


African Rainbow Minerals EV-to-EBITDA Historical Data

The historical data trend for African Rainbow Minerals's EV-to-EBITDA 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.

African Rainbow Minerals EV-to-EBITDA Chart

African Rainbow Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.71 4.28 2.29 1.90 2.79

African Rainbow Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA 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 - 1.90 - 2.79 -

Competitive Comparison of African Rainbow Minerals's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, African Rainbow Minerals's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


African Rainbow Minerals's EV-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where African Rainbow Minerals's EV-to-EBITDA falls into.



African Rainbow Minerals EV-to-EBITDA Calculation

African Rainbow Minerals's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=30855.448/4658
=6.62

African Rainbow Minerals's current Enterprise Value is R30,855 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. African Rainbow Minerals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was R4,658 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.


African Rainbow Minerals  (JSE:ARI) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

African Rainbow Minerals's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=196.24/24.960
=7.86

African Rainbow Minerals's share price for today is R196.24.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. African Rainbow Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was R24.960.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


African Rainbow Minerals EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of African Rainbow Minerals's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


African Rainbow Minerals (JSE:ARI) Business Description

Traded in Other Exchanges
Address
29 Impala Road, ARM House, Chislehurston, Sandton, GT, ZAF, 2196
African Rainbow Minerals Ltd is a South African diversified mining and minerals company. The group has various operating divisions: platinum, ferrous, coal, copper, and corporate. In addition, African Rainbow Minerals has an investment in gold through its shareholding in Harmony. Ferrous is the group's largest division, contributing roughly half of group revenue, closely trailed by the platinum division. The platinum division includes the Two Rivers Platinum Mine as a 51% subsidiary and an interest in the Modikwa Platinum Mine. The ferrous division comprises Assmang as a 50% joint venture, which includes iron ore, manganese, and chrome operations.