Tietto Minerals Ltd
ASX:TIE
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S
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Signatureglobal (India) Ltd
NSE:SIGNATURE
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IN |
EV/EBIT
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.
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.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (36.1), the stock would be worth AU$0.68 (0% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 36.1 | AU$0.68 |
0%
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| 3-Year Average | 36.1 | AU$0.68 |
0%
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| Industry Average | 12.5 | AU$0.23 |
-65%
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| Country Average | 16.8 | AU$0.31 |
-53%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
AU$739.6m
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/ |
Jan 2024
AU$20.5m
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= |
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AU$739.6m
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/ |
Jun 2024
AU$151.4m
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= |
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AU$739.6m
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/ |
Jun 2025
AU$111m
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= |
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AU$739.6m
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/ |
Jun 2026
AU$266.3m
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= |
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Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Tietto Minerals Ltd
ASX:TIE
|
762.7m AUD | 36.1 | 168.3 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 22 132.2 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
680.3B ZAR | 8.4 | 11.7 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
175.6B ZAR | 6.6 | 10.8 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
944.7B CNY | 13 | 17.8 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
121.8B USD | 10.5 | 16.8 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
139.3B CAD | 15.3 | 22.3 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
58.4B EUR | 8.2 | 13.6 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
93.3B CAD | 8.1 | 13.4 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
89.9B CAD | 40 | 43.8 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
454.2B HKD | 20.2 | 36.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10.7 |
| Median | 16.8 |
| 70th Percentile | 24.5 |
| Max | 6 797.5 |
Other Multiples
Tietto Minerals Ltd
Glance View
Tietto Minerals Ltd. engages in the development and exploration of the Abujar Gold Project. The company is headquartered in Perth, Western Australia. The company went IPO on 2018-01-18. The Company’s Abujar Gold Project is located approximately 30 kilometers (km) from the major regional city of Daloa in central western Cote D’Ivoire. The Abujar Gold Project is comprised of three contiguous tenements, Middle, South and North tenement, with a total land area of approximately 1,114 square kilometers (km2). The company features an NNE-orientated gold corridor over 70 kilometer (km) striking across three tenements. The company has completed its resource drilling campaign at Abujar with approximately four diamond drill rigs of its own fleet of total six diamond drill rigs, completing over 61,000 meters of diamond drilling.