EV/EBITDA

-2.7
Current
15%
More Expensive
vs 3-y average of -2.4

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
-2.7
=
Enterprise Value
AU$4.5m
/
EBITDA
AU$-1.9m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
-2.7
=
Enterprise Value
AU$4.5m
/
EBITDA
AU$-1.9m

Valuation Scenarios

Noronex Ltd is trading above its industry average

If EV/EBITDA returns to its Industry Average (12.1), the stock would be worth AU$-0.04 (546% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-708%
Maximum Upside
No Upside Scenarios
Average Downside
627%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple -2.7 AU$0.01
0%
Industry Average 12.1 AU$-0.04
-546%
Country Average 16.5 AU$-0.06
-708%

Forward EV/EBITDA
Today’s price vs future ebitda

Not enough data available to calculate forward EV/EBITDA

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
AU
Noronex Ltd
ASX:NRX
6.2m AUD -2.7 -4.4
US
Southern Copper Corp
NYSE:SCCO
153.8B USD 19.8 35.5
US
Freeport-McMoRan Inc
NYSE:FCX
101B USD 12 46
UK
Antofagasta PLC
LSE:ANTO
37.3B GBP 10 37
CN
Jiangxi Copper Co Ltd
SSE:600362
158.6B CNY 11.9 22.2
CA
Lundin Mining Corp
TSX:LUN
31.9B CAD 11.5 17.9
CA
First Quantum Minerals Ltd
TSX:FM
30.7B CAD 16.6 -819.7
PL
KGHM Polska Miedz SA
WSE:KGH
64.8B PLN 9.6 17.6
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
87.6B CNY 17.5 47.5
DE
Aurubis AG
XETRA:NDA
8.4B EUR 8.2 14
AU
OZ Minerals Ltd
ASX:OZL
9.4B AUD 30.1 45.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
AU
Noronex Ltd
ASX:NRX
Average EV/EBITDA: 14.7
Negative Multiple: -2.7
N/A N/A
US
Southern Copper Corp
NYSE:SCCO
19.8
6%
3.3
US
Freeport-McMoRan Inc
NYSE:FCX
12
27%
0.4
UK
Antofagasta PLC
LSE:ANTO
10
11%
0.9
CN
Jiangxi Copper Co Ltd
SSE:600362
11.9
3%
4
CA
Lundin Mining Corp
TSX:LUN
11.5
4%
2.9
CA
First Quantum Minerals Ltd
TSX:FM
16.6
48%
0.3
PL
KGHM Polska Miedz SA
WSE:KGH
9.6
26%
0.4
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
17.5
N/A N/A
DE
A
Aurubis AG
XETRA:NDA
8.2
0%
N/A
AU
OZ Minerals Ltd
ASX:OZL
30.1
55%
0.5
P/E Multiple
Earnings Growth PEG
AU
Noronex Ltd
ASX:NRX
Average P/E: 31.5
Negative Multiple: -4.4
N/A N/A
US
Southern Copper Corp
NYSE:SCCO
35.5
4%
8.9
US
Freeport-McMoRan Inc
NYSE:FCX
46
42%
1.1
UK
Antofagasta PLC
LSE:ANTO
37
14%
2.6
CN
Jiangxi Copper Co Ltd
SSE:600362
22.2
22%
1
CA
Lundin Mining Corp
TSX:LUN
17.9
-10%
N/A
CA
First Quantum Minerals Ltd
TSX:FM
Negative Multiple: -819.7 N/A N/A
PL
KGHM Polska Miedz SA
WSE:KGH
17.6
18%
1
CN
Tongling Nonferrous Metals Group Co Ltd
SZSE:000630
47.5
40%
1.2
DE
A
Aurubis AG
XETRA:NDA
14
-4%
N/A
AU
OZ Minerals Ltd
ASX:OZL
45.5
44%
1

Market Distribution

Lower than 100% of companies in Australia
Percentile
0th
Based on 1 243 companies
0th percentile
-2.7
Low
0 — 10
Typical Range
10 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10
Median 16.5
70th Percentile 24.5
Max 6 797.5

Noronex Ltd
Glance View

Market Cap
6.4m AUD
Industry
Metals & Mining

Noronex Ltd. engages in exploration of mineral deposits projects in Australia and overseas. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2017-11-15. The Company’s copper projects include Namibia, Witvlei, Dordabis and the Canadian Projects. The Namibian Project areas are located in central Namibia on the Kalahari Copper belt, over 150 kilometers (kms) east and 100kms south-east of the capital, Windhoek. The Witvlei Project over six project areas have been defined at Witvlei, including Malachite Pan, Okasewa, Christiadore North and South, Witvlei Pos and Gemsbockvley. The Dordabis Project includes a number of deposits, including Koperberg, Swartberg, Balfour and Onverwacht. The Canadian Projects consist of claims in central Ontario, which are approximately 200kms northeast of the town of Thunder Bay. The firm also has an interest in the Consuelo Project in Queensland. The Consuelo Project consists of three coal exploration permits, which are located south of the town of Rolleston in Queensland’s Bowen Basin adjacent to the Rolleston thermal coal mine.

NRX Intrinsic Value
4.0E-5 AUD
Overvaluation 100%
Intrinsic Value
Price AU$0.01
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