Noronex Ltd
ASX:NRX
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EV/EBITDA
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.
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.
Valuation Scenarios
If EV/EBITDA returns to its Industry Average (12.1), the stock would be worth AU$-0.04 (546% downside from current price).
| Scenario | EV/EBITDA Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | -2.7 | AU$0.01 |
0%
|
| Industry Average | 12.1 | AU$-0.04 |
-546%
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| Country Average | 16.5 | AU$-0.06 |
-708%
|
Forward EV/EBITDA
Today’s price vs future ebitda
Peer Comparison
| 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 |
A
|
Aurubis AG
XETRA:NDA
|
8.4B EUR | 8.2 | 14 | |
| AU |
|
OZ Minerals Ltd
ASX:OZL
|
9.4B AUD | 30.1 | 45.5 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10 |
| Median | 16.5 |
| 70th Percentile | 24.5 |
| Max | 6 797.5 |
Other Multiples
Noronex Ltd
Glance View
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.