TNG Ltd
ASX:TNG
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EV/GP
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.
Valuation Scenarios
If EV/GP returns to its Industry Average (8.3), the stock would be worth AU$0 (100% downside from current price).
| Scenario | EV/GP Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 0 | AU$0.07 |
0%
|
| Industry Average | 8.3 | AU$0 |
-100%
|
| Country Average | 5.8 | AU$0 |
-100%
|
Forward EV/GP
Today’s price vs future gross profit
Peer Comparison
| Market Cap | EV/GP | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
TNG Ltd
ASX:TNG
|
102.7m AUD | 0 | -21 | |
| AU |
|
BHP Group Ltd
ASX:BHP
|
272.8B AUD | 0 | 19.2 | |
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
271.8B AUD | 5.2 | 19.9 | |
| UK |
|
Rio Tinto PLC
LSE:RIO
|
119.4B GBP | 6.3 | 15.8 | |
| CH |
|
Glencore PLC
LSE:GLEN
|
66.7B GBP | 19.3 | 241.1 | |
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
1.5T MXN | 9.5 | 17 | |
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
248.9B SAR | 19.1 | 33.9 | |
| CN |
|
CMOC Group Ltd
SSE:603993
|
398.4B CNY | 8.4 | 19.6 | |
| UK |
|
Anglo American PLC
LSE:AAL
|
42.3B GBP | 6.6 | -14.9 | |
| CN |
C
|
China Molybdenum Co Ltd
OTC:CMCLF
|
47.1B USD | 6.8 | 15.9 | |
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
43B ZAR | 13.4 | 33.3 |
Market Distribution
Other Multiples
TNG Ltd
Glance View
TNG Ltd. is a resource and mineral processing technology company, which engages in the exploration, evaluation, and development of mineral resources. The company is headquartered in Subiaco, Western Australia. The firm is focused on the evaluation and development planning for its Mount Peake Project. The Mount Peake Project is a metals asset, located in Australia's northern development hub, approximately 230 kilometers north of Alice Springs. The firm has also developed a processing operation to produce three high-value, high-purity products from this resource-vanadium pentoxide, titanium dioxide pigment, and iron oxide-through the application of its TIVAN Process. The firm's Cawse Extended Project is located approximately 65 kilometers North West of Kalgoorlie in Western Australia and is immediately adjacent to the Cawse Nickel-Cobalt Operation. Its Cawse Extended Project is operated through Mesmeric Enterprises Pty Ltd. Its mineralization includes oxide ores of limonite, talc, and siliceous cobalt and the smectite-saprolite ore.