Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Kaiser Reef's Debt-to-EBITDA or its related term are showing as below:
ASX:KAU'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.76 Med: -0.14 Max: 0.77
Current: 0.77
During the past 4 years, the highest Debt-to-EBITDA Ratio of Kaiser Reef was 0.77. The lowest was -0.76. And the median was -0.14.
ASX:KAU's Debt-to-EBITDA is ranked better than 59.83% of 595
companies
in the Metals & Mining industry
Industry Median: 1.23
vs ASX:KAU: 0.77
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.
Kaiser Reef Debt-to-EBITDA Related Terms
Kaiser Reef Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Kaiser Reef'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, Kaiser Reef'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.
Kaiser Reef Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kaiser Reef's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kaiser Reef'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.
Kaiser Reef (ASX:KAU) has a Debt-to-EBITDA of 0.26 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 Kaiser Reef. According to the industry distribution chart, Kaiser Reef ranks #239 out of 595 companies in the Metals & Mining industry, placing it in the top 40.2%.
Is Kaiser Reef's Debt-to-EBITDA too high?
Kaiser Reef's current Debt-to-EBITDA is 0.26. The Metals & Mining industry median Debt-to-EBITDA is 1.23. Kaiser Reef's value of 0.26 is 78.9% below this industry median. Based on the distribution chart, Kaiser Reef ranks #239 out of 595 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Kaiser Reef has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaiser Reef's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kaiser Reef ranks #239 out of 595 companies for Debt-to-EBITDA. This puts Kaiser Reef in the upper half of its industry. The industry median Debt-to-EBITDA is 1.23. Kaiser Reef's value of 0.26 is 78.9% 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 595 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. Kaiser Reef's current Debt-to-EBITDA of 0.26 is 78.9% 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 Kaiser Reef. 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. Kaiser Reef's current Debt-to-EBITDA is 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaiser Reef stock overvalued right now?
Based on GuruFocus' analysis, Kaiser Reef (ASX:KAU) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.30, compared to a current price of A$0.18 — trading 40% below its estimated fair value. The current Debt-to-EBITDA is 0.26 and 78.9% below the Metals & Mining industry median of 1.23. Kaiser Reef's overall GF Score™ is 29/100 with 2 warning signs 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 Kaiser Reef (ASX:KAU), the current Debt-to-EBITDA is 0.26 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 Kaiser Reef (ASX:KAU) Overvalued in 2026?
Based on GuruFocus' analysis, Kaiser Reef stock appears to be undervalued.
The current stock price of A$0.18 is trading 40% below its estimated GF Value™ of A$0.30.
GuruFocus considers Kaiser Reef to be Possible Value Trap.
Key valuation signals for ASX:KAU:
Debt-to-EBITDA: 0.26
GF Value™: A$0.30 vs. price of A$0.18 (40% below fair value)
Industry Position: 78.9% below the Metals & Mining median (#239 of 595)
No single metric tells the full story. See the ASX:KAU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaiser Reef Ltd is a gold producer and exploration company. The company's projects include A1 Gold Mine, Henty Gold Mine, Maldon Goldfields, and Maldon Plant. Its segments include Victoria operations and Tasmania operations. It generates the majority of its revenue from the Victoria operations segment.
29GF Score
Get the complete analysis for ASX:KAU
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:KAU has been successfully added to your 
