Altech Chemicals EV/EBITDA
What is the EV/EBITDA of Altech Chemicals?
The EV/EBITDA of Altech Chemicals 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 Altech Chemicals
What does Altech Chemicals do?
Altech Chemicals Limited focuses on producing high purity alumina used in the production of synthetic sapphire. It holds 100% interest in a kaolin deposit located in the Meckering, Western Australia. The company was formerly known as Australia Minerals and Mining Group Limited and changed its name to Altech Chemicals Limited in November 2014. Altech Chemicals Limited was incorporated in 2007 and is based in Subiaco, Australia.
Companies with ev/ebitda similar to Altech Chemicals
- Auryn Resources has EV/EBITDA of N/A
- Pathfinder Ventures has EV/EBITDA of N/A
- Water Ways Technologies has EV/EBITDA of N/A
- Ye Xing Ltd has EV/EBITDA of N/A
- Zenith Birla (India) has EV/EBITDA of N/A
- Taruga Minerals has EV/EBITDA of N/A
- Altech Chemicals has EV/EBITDA of N/A
- Heron Resources has EV/EBITDA of N/A
- Quantgate Sys Inc has EV/EBITDA of N/A
- Rubicon Minerals has EV/EBITDA of N/A
- EMagin Corp has EV/EBITDA of N/A
- Arizona Metals has EV/EBITDA of N/A
- Vivoryon Therapeutics AG has EV/EBITDA of N/A