Evrim Resources EV/EBIT
What is the EV/EBIT of Evrim Resources?
The EV/EBIT of Evrim Resources Corp. is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Materials sector on OTC compared to Evrim Resources
What does Evrim Resources do?
Orogen Royalties Inc. operates as a mineral exploration company. It primarily explores for gold, copper, silver, and precious and base metal deposits. The company was formerly known as Evrim Resources Corp. and changed its name to Orogen Royalties Inc. in August 2020. Orogen Royalties Inc. was incorporated in 2005 and is headquartered in Vancouver, Canada.
Companies with ev/ebit similar to Evrim Resources
- Creative Realities Inc has EV/EBIT of N/A
- Seres Therapeutics Inc has EV/EBIT of N/A
- Oncocyte has EV/EBIT of N/A
- Saipem SpA has EV/EBIT of N/A
- Aware has EV/EBIT of N/A
- Sundance has EV/EBIT of N/A
- Evrim Resources has EV/EBIT of N/A
- Onconova Therapeutics Inc has EV/EBIT of N/A
- Ximen Mining has EV/EBIT of N/A
- Sientra Inc has EV/EBIT of N/A
- Eastern Metals has EV/EBIT of N/A
- MOGU Inc has EV/EBIT of N/A
- QC Copper and Gold has EV/EBIT of N/A