C

Carnaby Resources Ltd
ASX:CNB

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Carnaby Resources Ltd
ASX:CNB
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Price: 0.49 AUD 5.38% Market Closed
Market Cap: AU$135.3m

EV/EBIT

-16
Current
101%
More Expensive
vs 3-y average of -8

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
-16
=
Enterprise Value
AU$102.8m
/
EBIT
AU$-7.6m

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
-16
=
Enterprise Value
AU$102.8m
/
EBIT
AU$-7.6m

Valuation Scenarios

Carnaby Resources Ltd is trading above its industry average

If EV/EBIT returns to its Industry Average (12.5), the stock would be worth AU$-0.38 (178% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-205%
Maximum Upside
No Upside Scenarios
Average Downside
192%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -16 AU$0.49
0%
Industry Average 12.5 AU$-0.38
-178%
Country Average 16.8 AU$-0.52
-205%

Forward EV/EBIT
Today’s price vs future ebit

Today's Enterprise Value EBIT Forward EV/EBIT
AU$102.8m
/
Jan 2026
AU$-7.6m
=
-16
Current
AU$102.8m
/
Jun 2026
AU$-10.4m
=
-9.8
Forward
AU$102.8m
/
Jun 2027
AU$48.4m
=
2.1
Forward
AU$102.8m
/
Jun 2028
AU$74.3m
=
1.4
Forward

Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.

Peer Comparison

All Multiples
EV/EBIT
P/E
All Countries
Close
Market Cap EV/EBIT P/E
AU
Carnaby Resources Ltd
ASX:CNB
135.3m AUD -16 -17.9
AU
BHP Group Ltd
ASX:BHP
284.5B AUD 9.4 19.4
AU
Rio Tinto Ltd
ASX:RIO
279.2B AUD 11.4 19.7
UK
Rio Tinto PLC
LSE:RIO
120.6B GBP 10.4 16
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
1.6T MXN 10.4 17.7
CH
Glencore PLC
LSE:GLEN
66.1B GBP 36.8 241
SA
Saudi Arabian Mining Company SJSC
SAU:1211
248.9B SAR 25.9 33.9
CN
CMOC Group Ltd
SSE:603993
414.2B CNY 9.6 20.4
UK
Anglo American PLC
LSE:AAL
44.5B GBP 16.8 -15.7
CN
China Molybdenum Co Ltd
OTC:CMCLF
51B USD 8.1 17.3
ZA
African Rainbow Minerals Ltd
JSE:ARI
45.4B ZAR -74.8 35.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
C
Carnaby Resources Ltd
ASX:CNB
Average EV/EBIT: 15.4
Negative Multiple: -16
N/A N/A
AU
BHP Group Ltd
ASX:BHP
9.4
6%
1.6
AU
Rio Tinto Ltd
ASX:RIO
11.4
9%
1.3
UK
Rio Tinto PLC
LSE:RIO
10.4
8%
1.3
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
10.4
7%
1.5
CH
Glencore PLC
LSE:GLEN
36.8
51%
0.7
SA
Saudi Arabian Mining Company SJSC
SAU:1211
25.9
4%
6.5
CN
CMOC Group Ltd
SSE:603993
9.6
N/A N/A
UK
Anglo American PLC
LSE:AAL
16.8
23%
0.7
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
8.1
N/A N/A
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
Negative Multiple: -74.8 N/A N/A
P/E Multiple
Earnings Growth PEG
AU
C
Carnaby Resources Ltd
ASX:CNB
Average P/E: 46.7
Negative Multiple: -17.9
N/A N/A
AU
BHP Group Ltd
ASX:BHP
19.4
11%
1.8
AU
Rio Tinto Ltd
ASX:RIO
19.7
13%
1.5
UK
Rio Tinto PLC
LSE:RIO
16
11%
1.5
MX
Grupo Mexico SAB de CV
BMV:GMEXICOB
17.7
3%
5.9
CH
Glencore PLC
LSE:GLEN
241
161%
1.5
SA
Saudi Arabian Mining Company SJSC
SAU:1211
33.9
10%
3.4
CN
CMOC Group Ltd
SSE:603993
20.4
23%
0.9
UK
Anglo American PLC
LSE:AAL
Negative Multiple: -15.7 N/A N/A
CN
C
China Molybdenum Co Ltd
OTC:CMCLF
17.3
24%
0.7
ZA
A
African Rainbow Minerals Ltd
JSE:ARI
35.2
156%
0.2

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 236 companies
0th percentile
-16
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

Carnaby Resources Ltd
Glance View

Market Cap
135.3m AUD
Industry
Metals & Mining

Carnaby Resources Ltd. engages in the exploration of mineral properties. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2016-08-30. The firm's projects are located in the mining provinces of the Pilbara and Yilgarn Margin of Western Australia and the Mount Isa Inlier of Queensland. Its projects include Pilbara Gold projects, Mount Isa Inlier Gold and Copper Projects and Yilgarn Margin Copper-Gold Projects. Pilbara Gold projects consists of Strelley, Mount Grant, Pardoo, Goldsworthy and Big Hill Gold Projects. Its projects are located in the Mallina Basin of Western Australia and the projects cover an area of approximately 442 square kilometers. Mount Isa Inlier Gold and Copper Projects include Tick Hill Gold Mine, Greater Duchess Copper-Gold Project, Nil Desperandum Prospect and Mount Birnie Prospect. Yilgarn Margin Copper-Gold Projects consists of Throssel and Malmac Copper-Gold Projects and both projects are located in the Yilgarn Margin of Western Australia.

CNB Intrinsic Value
3.34 AUD
Undervaluation 85%
Intrinsic Value
Price AU$0.49
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