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Alliance Nickel Ltd
ASX:AXN

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Alliance Nickel Ltd
ASX:AXN
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Price: 0.035 AUD -5.41% Market Closed
Market Cap: AU$26.6m

EV/EBIT

-19.4
Current
5%
More Expensive
vs 3-y average of -18.5

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.

EV/EBIT
-19.4
=
Enterprise Value
AU$33.4m
/
EBIT
AU$-1.6m

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.

EV/EBIT
-19.4
=
Enterprise Value
AU$33.4m
/
EBIT
AU$-1.6m

Valuation Scenarios

Alliance Nickel Ltd is trading above its industry average

If EV/EBIT returns to its Industry Average (12.5), the stock would be worth AU$-0.02 (165% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-187%
Maximum Upside
No Upside Scenarios
Average Downside
176%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -19.4 AU$0.04
0%
Industry Average 12.5 AU$-0.02
-165%
Country Average 16.8 AU$-0.03
-187%

Forward EV/EBIT
Today’s price vs future ebit

Not enough data available to calculate forward EV/EBIT

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
AU
Alliance Nickel Ltd
ASX:AXN
26.6m AUD -19.4 -11.7
RU
Polyus PJSC
LSE:PLZL
70.4T USD 22 132.2 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
653.6B ZAR 8.1 11.2
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
171.1B ZAR 6.4 10.5
CN
Zijin Mining Group Co Ltd
SSE:601899
914.7B CNY 10.8 14.8
US
Newmont Corporation
NYSE:NEM
120.9B USD 11.4 18.1
CA
Agnico Eagle Mines Ltd
TSX:AEM
136.2B CAD 15.3 22.3
CA
Barrick Gold Corp
TSX:ABX
92.2B CAD 8.3 13.7
CA
Barrick Mining Corp
F:ABR0
57.1B EUR 8.4 13.9
CA
Wheaton Precious Metals Corp
TSX:WPM
88.1B CAD 39 42.6
HK
Zijin Gold International Co Ltd
HKEX:2259
428.5B HKD 19 34.2

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 236 companies
0th percentile
-19.4
Low
0 — 10.7
Typical Range
10.7 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10.7
Median 16.8
70th Percentile 24.5
Max 6 797.5

Alliance Nickel Ltd
Glance View

Market Cap
26.6m AUD
Industry
Metals & Mining

Alliance Nickel Ltd. is a mineral exploration and investment company, which explores and mines for nickel and gold. The company is headquartered in Nedlands, Western Australia. The company is focused on becoming a supplier of battery-grade nickel and cobalt products. The firm's principal asset is its 100% owned NiWest Nickel Cobalt Project situated adjacent to Glencore's Murrin Murrin Operations. NiWest hosts undeveloped nickel laterite resources in Australia, estimated to contain approximately 85.2 million tons averaging 1.03% Nickel and 0.06% Cobalt. The region is recognized for its well-established nickel and cobalt production and is well serviced with infrastructure such as public rail linked to ports, gas pipeline, arterial roads, optic fibre communications, a commercial airstrip and nearby mining towns.

AXN Intrinsic Value
0.007 AUD
Overvaluation 81%
Intrinsic Value
Price AU$0.035
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