Mineral ResourcesASX:MIN +2.07%86 Debt-to-EBITDA is 1.80 as of Dec. 2025, which is 7% below its 10-year median of 1.93. GuruFocus rates ASX:MIN with a GF Score™ of 86/100 and a GF Value™ of A$73.01 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 596 Metals & Mining companies, Mineral Resources ranks worse than 67.79% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Mineral Resources's Debt-to-EBITDA or its related term are showing as below:
ASX:MIN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -360.13 Med: 1.93 Max: 5.46
Current: 2.69
During the past 13 years, the highest Debt-to-EBITDA Ratio of Mineral Resources was 5.46. The lowest was -360.13. And the median was 1.93.
ASX:MIN's Debt-to-EBITDA is ranked worse than 67.79% of 596
companies
in the Metals & Mining industry
Industry Median: 1.235
vs ASX:MIN: 2.69
Mineral Resources (ASX:MIN) Debt-to-EBITDA Explanation
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.
Mineral Resources Debt-to-EBITDA Related Terms
Mineral Resources Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Mineral Resources'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.
Mineral Resources Debt-to-EBITDA Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral Resources'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.
Mineral Resources Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Mineral Resources'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.
Mineral Resources (ASX:MIN) has a Debt-to-EBITDA of 1.80 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 Mineral Resources. This is near median its historical median of 1.93. According to the industry distribution chart, Mineral Resources ranks #404 out of 596 companies in the Metals & Mining industry, placing it in the top 67.8%.
Is Mineral Resources' Debt-to-EBITDA too high?
Mineral Resources' current Debt-to-EBITDA of 1.80 is near median its 10-year median of 1.93. The Metals & Mining industry median Debt-to-EBITDA is 1.24. Mineral Resources' value of 1.80 is 45.7% above this industry median. Based on the distribution chart, Mineral Resources ranks #404 out of 596 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Mineral Resources has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #404 out of 596 companies for Debt-to-EBITDA. This places Mineral Resources in the lower half of its industry. The industry median Debt-to-EBITDA is 1.24. Mineral Resources' value of 1.80 is 45.7% above this benchmark. While the company's 10-year median is 1.93 vs. the industry median of 1.24, Mineral Resources has consistently been above the industry average. 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 1.24, based on 596 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. Mineral Resources's current Debt-to-EBITDA of 1.80 is 45.7% above 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 Mineral Resources. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mineral Resources's current Debt-to-EBITDA is 1.80, which is near median its own 10-year median of 1.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$73.01, compared to a current price of A$59.70 — trading 18.2% below its estimated fair value. The current Debt-to-EBITDA is 1.80, which is near median its 10-year median of 1.93 and 45.7% above the Metals & Mining industry median of 1.24. Mineral Resources' overall GF Score™ is 86/100 with 11 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 Mineral Resources (ASX:MIN), the current Debt-to-EBITDA is 1.80 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 Mineral Resources (ASX:MIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of A$59.70 is trading 18.2% below its estimated GF Value™ of A$73.01.
GuruFocus considers Mineral Resources to be Modestly Undervalued.
Key valuation signals for ASX:MIN:
Debt-to-EBITDA: 1.80 (near median its 10-year median of 1.93)
GF Value™: A$73.01 vs. price of A$59.70 (18.2% below fair value)
Industry Position: 45.7% above the Metals & Mining median (#404 of 596)
No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
86GF Score
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