New Tech Minerals EV/EBITDA
What is the EV/EBITDA of New Tech Minerals?
The EV/EBITDA of New Tech Minerals Corp. 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 OTC compared to New Tech Minerals
Companies with ev/ebitda similar to New Tech Minerals
- Palladium One Mining has EV/EBITDA of N/A
- Palladium One Mining has EV/EBITDA of N/A
- Ucommune International Ltd has EV/EBITDA of N/A
- Bionomics has EV/EBITDA of N/A
- Luminex Resources has EV/EBITDA of N/A
- Scorpio Gold has EV/EBITDA of N/A
- New Tech Minerals has EV/EBITDA of N/A
- China LotSynergy has EV/EBITDA of N/A
- CytoDyn has EV/EBITDA of N/A
- Kaizen Discovery has EV/EBITDA of N/A
- China All Access () has EV/EBITDA of N/A
- Pontus Protein has EV/EBITDA of N/A
- Tz has EV/EBITDA of N/A