Ardea Resources Ltd
ASX:ARL
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Ningbo Homelink Eco-iTech Co Ltd
SZSE:301193
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its Industry Average (12.5), the stock would be worth AU$-0.32 (149% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -25.7 | AU$0.66 |
0%
|
| Industry Average | 12.5 | AU$-0.32 |
-149%
|
| Country Average | 16.8 | AU$-0.43 |
-165%
|
Forward EV/EBIT
Today’s price vs future ebit
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Ardea Resources Ltd
ASX:ARL
|
138.1m AUD | -25.7 | -83.8 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
285.2B AUD | 9.5 | 19.6 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
281B AUD | 11.4 | 19.8 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
121.2B GBP | 10.4 | 16 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.6T MXN | 10.8 | 18.3 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
66.1B GBP | 36.8 | 241.1 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 25.9 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
429.8B CNY | 10 | 21.1 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.8B GBP | 16.9 | -15.9 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
53B USD | 8.4 | 18 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
45.4B ZAR | -74.8 | 35.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10.7 |
| Median | 16.8 |
| 70th Percentile | 24.5 |
| Max | 6 797.5 |
Other Multiples
Ardea Resources Ltd
Glance View
Ardea Resources Ltd. engages in the exploration and development of mineral properties in Australia. The company is headquartered in Perth, Western Australia. The company went IPO on 2017-02-09. The firm is focused on the development of nickel sulfide exploration; gold exploration; and the Goongarrie Nickel Cobalt Project (GNCP), which is part of the Kalgoorlie Nickel Project (KNP). The company is also engaged in gold corporate activity, including farm-outs and new tenement applications complementing existing nickel-gold projects leading to a potential Kalgoorlie-focused gold spin-out. The Company’s projects include KNP, KNP Nickel Sulphide, Bardoc Tectonic Zone Gold Project and other projects in Western Australia. Its other projects include Perrinvale nickel sulphide and gold prospect, Bulong and Taurus gold prospect, Laverton Tectonic Zone (LTZ), and Mt Zephyr-Darlot East Red 5 Joint Venture. KNP is a series of nickel-cobalt-scandium deposits, which is located within the Eastern Goldfields province.
