Le EV/EBIT de AXMIN, Inc. est N/A
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.
AXMIN Inc., a development stage company, engages in the exploration and development of mineral properties in central and West Africa. The company explores for gold properties. Its primary asset is the Passendro gold project located in Central African Republic. The company also holds a royalty interest in the Senegal project located in the Birimian belt of eastern Senegal. AXMIN Inc. is based in Vancouver, Canada.