A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Focus Minerals's Debt-to-EBITDA or its related term are showing as below:
ASX:FML'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -28.78 Med: -0.19 Max: 51.14
Current: 0.03
During the past 13 years, the highest Debt-to-EBITDA Ratio of Focus Minerals was 51.14. The lowest was -28.78. And the median was -0.19.
ASX:FML's Debt-to-EBITDA is ranked better than 92.89% of 591
companies
in the Metals & Mining industry
Industry Median: 1.23
vs ASX:FML: 0.03
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Focus Minerals Debt-to-EBITDA Related Terms
Focus Minerals Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Focus Minerals's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, Focus Minerals's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Focus Minerals Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Focus Minerals's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Focus Minerals's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is two times the quarterly (Dec. 2025) EBITDA data.
Focus Minerals (ASX:FML) has a Debt-to-EBITDA of 0.02 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Focus Minerals. According to the industry distribution chart, Focus Minerals ranks #42 out of 591 companies in the Metals & Mining industry, placing it in the top 7.1%.
Is Focus Minerals' Debt-to-EBITDA too high?
Focus Minerals' current Debt-to-EBITDA is 0.02. The Metals & Mining industry median Debt-to-EBITDA is 1.23. Focus Minerals' value of 0.02 is 98.4% below this industry median. Based on the distribution chart, Focus Minerals ranks #42 out of 591 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Focus Minerals has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Minerals' Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Focus Minerals ranks #42 out of 591 companies for Debt-to-EBITDA. This places Focus Minerals in the top 7% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.23. Focus Minerals' value of 0.02 is 98.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.23, based on 591 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Focus Minerals's current Debt-to-EBITDA of 0.02 is 98.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Focus Minerals. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Minerals's current Debt-to-EBITDA is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Minerals stock overvalued right now?
Based on GuruFocus' analysis, Focus Minerals (ASX:FML) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.82, compared to a current price of A$1.64 — trading 9.9% below its estimated fair value. The current Debt-to-EBITDA is 0.02 and 98.4% below the Metals & Mining industry median of 1.23. Focus Minerals' overall GF Score™ is 60/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Focus Minerals (ASX:FML), the current Debt-to-EBITDA is 0.02 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Focus Minerals (ASX:FML) Overvalued in 2026?
Based on GuruFocus' analysis, Focus Minerals stock appears to be undervalued.
The current stock price of A$1.64 is trading 9.9% below its estimated GF Value™ of A$1.82.
GuruFocus considers Focus Minerals to be Modestly Undervalued.
Key valuation signals for ASX:FML:
Debt-to-EBITDA: 0.02
GF Value™: A$1.82 vs. price of A$1.64 (9.9% below fair value)
Industry Position: 98.4% below the Metals & Mining median (#42 of 591)
No single metric tells the full story. See the ASX:FML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Focus Minerals Ltd is engaged in gold exploration and production in Western Australia. The company's projects include Three Mile Hill Processing plant, Varischetti Village, and Coolgardie Gold Project which generates key revenue.
60GF Score
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