Katanga Mining EV/EBIT
What is the EV/EBIT of Katanga Mining?
The EV/EBIT of Katanga Mining Ltd. 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 Katanga Mining
What does Katanga Mining do?
Katanga Mining Limited, through its subsidiaries, engages in the copper and cobalt mining, and related activities in the Democratic Republic of Congo. It is involved in the exploration, mining, refurbishment, rehabilitation, development, and operation of the Kamoto/Mashamba East mining complex; the Kamoto Oliveira Virgule copper and cobalt mine; T17 open pit and underground mines; various oxide open pit resources; the Kamoto concentrator; and the Luilu metallurgical plant. The company was incorporated in 1996 and is headquartered in Whitehorse, Canada. Katanga Mining Limited is a subsidiary of Glencore International AG.
Companies with ev/ebit similar to Katanga Mining
- Kaushalya Infrastructure Development has EV/EBIT of N/A
- Scorpio Bulkers Inc has EV/EBIT of N/A
- Automobile of Goa has EV/EBIT of N/A
- Boat Rocker Media has EV/EBIT of N/A
- Armadale Capital Plc has EV/EBIT of N/A
- Royal Dutch Shell Plc has EV/EBIT of N/A
- Katanga Mining has EV/EBIT of N/A
- Timex India has EV/EBIT of N/A
- Newmark Security plc has EV/EBIT of N/A
- Sypris Solutions has EV/EBIT of N/A
- Argen X SE has EV/EBIT of N/A
- Bedford Metals Corp has EV/EBIT of N/A
- Royal Dutch Shell Plc has EV/EBIT of N/A