Davenport Resources EV/EBITDA
What is the EV/EBITDA of Davenport Resources?
The EV/EBITDA of Davenport Resources Limited is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Materials sector on ASX compared to Davenport Resources
What does Davenport Resources do?
Davenport Resources Limited explores for and develops mineral properties in Germany. The company primarily explores for potash, copper, iron, and gold deposits. Its project portfolio comprises the South Harz project that includes two exploration licenses located in Thüringen, Germany; and the Southern Cross Bore project which covers approximately 600km2 area located in Alice Springs, Australia's Northern Territory. Davenport Resources Limited is headquartered in West Perth, Australia.
Companies with ev/ebitda similar to Davenport Resources
- GMV Minerals has EV/EBITDA of N/A
- Kiniksa Pharmaceuticals International Plc has EV/EBITDA of N/A
- Balkrishna Paper Mills has EV/EBITDA of N/A
- Capital Trust has EV/EBITDA of N/A
- Cettire has EV/EBITDA of N/A
- Eco (Atlantic) Oil & Gas has EV/EBITDA of N/A
- Davenport Resources has EV/EBITDA of N/A
- SML Isuzu has EV/EBITDA of N/A
- Save Foods has EV/EBITDA of N/A
- Hansard Global Plc has EV/EBITDA of N/A
- OCL Iron and Steel has EV/EBITDA of N/A
- Northwest Biotherapeutics has EV/EBITDA of N/A
- Margaux Resources has EV/EBITDA of N/A