Northern Star Resources Ltd
ASX:NST
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (19.7), the stock would be worth AU$32.84 (39% upside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 14.2 | AU$23.62 |
0%
|
| 3-Year Average | 19.7 | AU$32.84 |
+39%
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| 5-Year Average | 21.4 | AU$35.73 |
+51%
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| Industry Average | 12.5 | AU$20.88 |
-12%
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| Country Average | 16.8 | AU$27.99 |
+19%
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Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
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AU$44.2B
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/ |
Jan 2026
AU$2.4B
|
= |
|
|
AU$44.2B
|
/ |
Jun 2026
AU$2.7B
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= |
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AU$44.2B
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/ |
Jun 2027
AU$4.6B
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= |
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AU$44.2B
|
/ |
Jun 2028
AU$5.2B
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= |
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Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| AU |
|
Northern Star Resources Ltd
ASX:NST
|
34.1B AUD | 14.2 | 21.8 | |
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD | 22 132.2 | 34 959.7 | |
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
716.8B ZAR | 8.9 | 12.3 | |
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
187.3B ZAR | 7 | 11.5 | |
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
925.9B CNY | 13.1 | 18.1 | |
| US |
|
Newmont Corporation
NYSE:NEM
|
125.1B USD | 10.8 | 17.2 | |
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
147.8B CAD | 16.3 | 23.6 | |
| CA |
|
Barrick Gold Corp
TSX:ABX
|
98.3B CAD | 8.5 | 14.1 | |
| CA |
|
Barrick Mining Corp
F:ABR0
|
60.6B EUR | 8.5 | 14.2 | |
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
92.5B CAD | 40.8 | 44.6 | |
| HK |
Z
|
Zijin Gold International Co Ltd
HKEX:2259
|
475.1B HKD | 21.1 | 37.9 |
Market Distribution
| Min | 0 |
| 30th Percentile | 10.7 |
| Median | 16.8 |
| 70th Percentile | 24.5 |
| Max | 6 797.5 |
Other Multiples
Northern Star Resources Ltd
Glance View
Northern Star Resources Ltd., a prominent player in the gold mining industry, embarked on its journey from humble beginnings in 2003, evolving into one of Australia's largest gold producers. The company's strategic vision and adept management have facilitated its growth through a combination of organic expansion and well-calculated acquisitions, such as the highly significant purchase of the Jundee and Kalgoorlie operations. This approach allowed Northern Star to bolster its production capabilities and resource base, positioning itself as a leader in the gold mining sector. The backbone of its operations lies in extracting gold from its carefully managed and environmentally conscious mining projects spread across prolific mining regions in Australia and North America. At the heart of Northern Star's business model is its commitment to efficient and sustainable gold production. The company harnesses advanced mining technologies and methodologies, which optimize ore recovery and ensure cost-effective operations. By strategically reinvesting profits into exploration and development, Northern Star continually rejuvenates its resource pipeline, securing its future production potential. In addition to mining, the company benefits from vertical integration through its ownership of processing facilities, allowing it to refine and sell high-purity gold products directly to the market. This end-to-end production capability not only enhances Northern Star's margins but also strengthens its resilience against market volatility, anchoring its reputation as a robust and forward-thinking enterprise in the global mining industry.