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.
Eldorado GoldEGO +8.58%76 Debt-to-EBITDA is 1.51 as of Jun. 2026, which is 1% above its 10-year median of 1.49. GuruFocus rates EGO with a GF Score™ of 76/100 and a GF Value™ of $28.78 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 607 Metals & Mining companies, Eldorado Gold ranks worse than 58.15% 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 Eldorado Gold's Debt-to-EBITDA or its related term are showing as below:
EGO'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.7 Med: 1.49 Max: 7.8
Current: 1.65
During the past 13 years, the highest Debt-to-EBITDA Ratio of Eldorado Gold was 7.80. The lowest was -1.70. And the median was 1.49.
EGO's Debt-to-EBITDA is ranked worse than 58.15% of 607
companies
in the Metals & Mining industry
Industry Median: 1.1
vs EGO: 1.65
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.
Eldorado Gold Debt-to-EBITDA Related Terms
Eldorado Gold Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Eldorado Gold'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, Eldorado Gold'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.
Eldorado Gold Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Eldorado Gold'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 four times the quarterly (Jun. 2026) EBITDA data.
Eldorado Gold (EGO) has a Debt-to-EBITDA of 1.51 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Eldorado Gold. This is near median its historical median of 1.49. According to the industry distribution chart, Eldorado Gold ranks #353 out of 607 companies in the Metals & Mining industry, placing it in the top 58.2%.
Is Eldorado Gold's Debt-to-EBITDA too high?
Eldorado Gold's current Debt-to-EBITDA of 1.51 is near median its 10-year median of 1.49. The Metals & Mining industry median Debt-to-EBITDA is 1.10. Eldorado Gold's value of 1.51 is 37.3% above this industry median. Based on the distribution chart, Eldorado Gold ranks #353 out of 607 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Eldorado Gold has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #353 out of 607 companies for Debt-to-EBITDA. This places Eldorado Gold in the lower half of its industry. The industry median Debt-to-EBITDA is 1.10. Eldorado Gold's value of 1.51 is 37.3% above this benchmark. While the company's 10-year median is 1.49 vs. the industry median of 1.10, Eldorado Gold 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 1.10, based on 607 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. Eldorado Gold's current Debt-to-EBITDA of 1.51 is 37.3% 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 Eldorado Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current Debt-to-EBITDA is 1.51, which is near median its own 10-year median of 1.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.78, compared to a current price of $42.03 — trading 46% above its estimated fair value. The current Debt-to-EBITDA is 1.51, which is near median its 10-year median of 1.49 and 37.3% above the Metals & Mining industry median of 1.10. Eldorado Gold's overall GF Score™ is 76/100 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 Eldorado Gold (EGO), the current Debt-to-EBITDA is 1.51 as of Jun. 2026. 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 Eldorado Gold (EGO) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued.
The current stock price of $42.03 is trading 46% above its estimated GF Value™ of $28.78.
GuruFocus considers Eldorado Gold to be Significantly Overvalued.
Key valuation signals for EGO:
Debt-to-EBITDA: 1.51 (near median its 10-year median of 1.49)
GF Value™: $28.78 vs. price of $42.03 (46% above fair value)
Industry Position: 37.3% above the Metals & Mining median (#353 of 607)
No single metric tells the full story. See the EGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
76GF Score
Get the complete analysis for EGO
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
EGO has been successfully added to your 
