Horseshoe Metals Ltd
ASX:HOR

Watchlist Manager
Horseshoe Metals Ltd Logo
Horseshoe Metals Ltd
ASX:HOR
Watchlist
Price: 0.025 AUD -13.79% Market Closed
Market Cap: AU$18.7m

EV/EBIT

-10.7
Current
61%
More Expensive
vs 3-y average of -6.6

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
-10.7
=
Enterprise Value
AU$24.5m
/
EBIT
AU$-1.7m

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
-10.7
=
Enterprise Value
AU$24.5m
/
EBIT
AU$-1.7m

Valuation Scenarios

Horseshoe Metals Ltd is trading above its industry average

If EV/EBIT returns to its Industry Average (12.5), the stock would be worth AU$-0.03 (218% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-258%
Maximum Upside
No Upside Scenarios
Average Downside
238%
Scenario EV/EBIT Value Implied Price Upside/Downside
Current Multiple -10.7 AU$0.03
0%
Industry Average 12.5 AU$-0.03
-218%
Country Average 16.8 AU$-0.04
-258%

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
Horseshoe Metals Ltd
ASX:HOR
18.6m AUD -10.7 -11.1
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 10.3 15.9
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 -72.8 34.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
AU
Horseshoe Metals Ltd
ASX:HOR
Average EV/EBIT: 15.4
Negative Multiple: -10.7
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
10.3
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: -72.8 N/A N/A
P/E Multiple
Earnings Growth PEG
AU
Horseshoe Metals Ltd
ASX:HOR
Average P/E: 46.6
Negative Multiple: -11.1
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
15.9
11%
1.4
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
34.5
156%
0.2

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 236 companies
0th percentile
-10.7
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

Horseshoe Metals Ltd
Glance View

Market Cap
18.7m AUD
Industry
Metals & Mining

Horseshoe Metals Ltd. is engaged in the exploration and development of copper and gold projects. The company is headquartered in Balcatta, Western Australia. The company went IPO on 2010-07-29. The firm is focused on the Horseshoe Lights and Kumarina projects located in Western Australia, and the Mt Gunson and Glenloth projects in South Australia. The Horseshoe Lights gold-copper mine and associated tenements are located approximately 800 kilometers (kms) north-northeast of Perth and 140 kms north of Meekatharra. This project consists seven tenements that cover an area of approximately 33 square kms. The Kumarina Project is located approximately 1000 kms north-northeast of Perth and 250 kms north of Meekatharra. The project consists three tenements covering an area of approximately 120 square kms. The Mt Gunson Copper Project is located approximately 150 kms north-west of Port Augusta, and 50 kms south-west of the 5200 kt Carrapateena Copper project. The Glenloth Gold Project is located about 50 kms east of the 0.5 MOz Tunkillia Gold deposit.

HOR Intrinsic Value
3.0E-6 AUD
Overvaluation 100%
Intrinsic Value
Price AU$0.025
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett