TRX Gold (FRA:TRG0) Debt-to-EBITDA : (As of May. 2026)

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FRA:TRG0 TRX Gold Corp FRA:TRG0
45 GF Score
Price €1.09
GF Value €0.93
Valuation Modestly Overvalued
! 1 Warning Sign
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What is TRX Gold Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

TRX Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was €1.63 Mil. TRX Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was €3.00 Mil. TRX Gold's annualized EBITDA for the quarter that ended in May. 2026 was €63.84 Mil. TRX Gold's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was 0.07.

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 TRX Gold's Debt-to-EBITDA or its related term are showing as below:

FRA:TRG0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.42   Med: -0.28   Max: 0.18
Current: 0.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of TRX Gold was 0.18. The lowest was -1.42. And the median was -0.28.

FRA:TRG0's Debt-to-EBITDA is ranked better than
76.87% of 614 companies
in the Metals & Mining industry
Industry Median: 1.03 vs FRA:TRG0: 0.18

TRX Gold  (FRA:TRG0) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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.

TRX Gold Debt-to-EBITDA Related Terms

TRX Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TRX 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.

TRX Gold Debt-to-EBITDA Chart

TRX Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
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TRX Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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FRA:TRG0 vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, TRX 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.

TRX Gold Debt-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TRX Gold's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where TRX Gold's Debt-to-EBITDA falls into.


FRA:TRG0
45GF Score
TRX Gold Corp FRA:TRG0
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRX Gold Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

TRX Gold's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.0260572404955 + 1.3720632208458) / 18.802722788935
=0.13

TRX Gold's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.6281760143965 + 2.9992716054672) / 63.840963778732
=0.07

* 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 (May. 2026) EBITDA data.

Is TRX Gold (FRA:TRG0) Overvalued in 2026?

Based on GuruFocus' analysis, TRX Gold stock appears to be overvalued. The current stock price of €1.09 is trading 17.2% above its estimated GF Value™ of €0.93. GuruFocus considers TRX Gold to be Modestly Overvalued.

Key valuation signals for FRA:TRG0:

  • Debt-to-EBITDA:
  • GF Value™: €0.93 vs. price of €1.09 (17.2% above fair value)
  • GF Score™: 45/100 with 1 warning sign

No single metric tells the full story. See the FRA:TRG0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TRX Gold Business Description

Other Exchanges TRX:USATRX:Canada
Address 277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
45GF Score

Get the complete analysis for FRA:TRG0

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.09
Price
€0.93
GF Value