Portofino Resources EV/EBIT
What is the EV/EBIT of Portofino Resources?
The EV/EBIT of Portofino Resources Inc. 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 TSXV compared to Portofino Resources
What does Portofino Resources do?
Portofino Resources Inc. acquires, explores for, and develops mineral properties in the Americas. The company holds an option to acquire 100% interests in the Sapawe West property that comprises 3 claims totaling 1,147 hectares located in the Schwenger and McCaul Townships, Ontario; the Gold Creek property comprising 15 mining claims containing 197 contiguous cell units covering an area of approximately 4,036 hectares located primarily in the Duckworth Township, Ontario; and the Melema West gold property covering an area of 869 hectares located to the northeast of the town of Atikokan, Ontario. Its properties also include the South of Otter project covering an area of 5,363 hectares located to the southeast of the town of Red Lake, Ontario; and the Yergo Lithium property covering an area of approximately 2,932 hectares located in Catamarca, Argentina. In addition, the company has option assignment agreement to acquire a 100% interest in the Bruce lake Property covering an area of 1,428 hectares located in the Red lake, Ontario; and interest in the Allison Lake North lithium and rare elements property that comprises 4 claims covering an area of 1,618 hectares located in northwestern Ontario. The company was formerly known as Crude Investments Corp. and changed its name to Portofino Resources Inc. in March 2012. Portofino Resources Inc. was incorporated in 2011 and is headquartered in Vancouver, Canada.
Companies with ev/ebit similar to Portofino Resources
- ZIM Integrated Shipping Services has EV/EBIT of N/A
- Baumot AG has EV/EBIT of N/A
- EverGen Infrastructure has EV/EBIT of N/A
- Kernex Microsystems (India) has EV/EBIT of N/A
- Forward Air has EV/EBIT of N/A
- Maxeon Solar Technologies has EV/EBIT of N/A
- Portofino Resources has EV/EBIT of N/A
- HCL Infosystems has EV/EBIT of N/A
- The Mercantile Investment Trust Plc has EV/EBIT of N/A
- Asiamet Resources has EV/EBIT of N/A
- Cooper-Standard Inc has EV/EBIT of N/A
- Singular Health Ltd has EV/EBIT of N/A
- Biome Australia Ltd has EV/EBIT of N/A