Royal GoldXSWX:RGLD 91 Debt-to-EBITDA is 0.36 as of Mar. 2026, which is 69% below its 10-year median of 1.18. GuruFocus rates XSWX:RGLD with a GF Score™ of 91/100 and a GF Value™ of CHF222.20. The stock has 2 warning signs investors should review. Among 592 Metals & Mining companies, Royal Gold ranks better than 64.53% 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 Royal Gold's Debt-to-EBITDA or its related term are showing as below:
XSWX:RGLD'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52 Med: 1.18 Max: 3.95
Current: 0.58
During the past 13 years, the highest Debt-to-EBITDA Ratio of Royal Gold was 3.95. The lowest was 0.52. And the median was 1.18.
XSWX:RGLD's Debt-to-EBITDA is ranked better than 64.53% of 592
companies
in the Metals & Mining industry
Industry Median: 1.235
vs XSWX:RGLD: 0.58
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.
Royal Gold Debt-to-EBITDA Related Terms
Royal Gold Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Royal 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, Royal 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.
Royal Gold Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Royal Gold's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Royal 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 (Mar. 2026) EBITDA data.
Royal Gold (XSWX:RGLD) has a Debt-to-EBITDA of 0.36 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Royal Gold. This is 69% below median its historical median of 1.18. Over the past decade, Royal Gold's Debt-to-EBITDA has ranged from 0.52 to 3.95. According to the industry distribution chart, Royal Gold ranks #210 out of 592 companies in the Metals & Mining industry, placing it in the top 35.5%.
Is Royal Gold's Debt-to-EBITDA too high?
Royal Gold's current Debt-to-EBITDA of 0.36 is 69% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 3.95. The Metals & Mining industry median Debt-to-EBITDA is 1.24. Royal Gold's value of 0.36 is 70.9% below this industry median. Based on the distribution chart, Royal Gold ranks #210 out of 592 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Royal Gold has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Royal Gold's Debt-to-EBITDA compare to ?
According to the Metals & Mining industry distribution chart, Royal Gold ranks #210 out of 592 companies for Debt-to-EBITDA. This puts Royal Gold in the upper half of its industry. The industry median Debt-to-EBITDA is 1.24. Royal Gold's value of 0.36 is 70.9% below this benchmark. Historically, Royal Gold's own Debt-to-EBITDA has ranged from 0.52 to 3.95 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 1.24, Royal Gold has consistently been below 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 592 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. Royal Gold's current Debt-to-EBITDA of 0.36 is 70.9% 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 Royal Gold. 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. Royal Gold's current Debt-to-EBITDA is 0.36, which is 69% below median its own 10-year median of 1.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Gold stock overvalued right now?
Royal Gold (XSWX:RGLD) has a current Debt-to-EBITDA of 0.36. The stock's GF Value™ is CHF222.20, compared to a current price of CHF164.28 — trading 26.1% below its estimated fair value. The current Debt-to-EBITDA is 0.36, which is 69% below median its 10-year median of 1.18 and 70.9% below the Metals & Mining industry median of 1.24. Royal Gold's overall GF Score™ is 91/100 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 Royal Gold (XSWX:RGLD), the current Debt-to-EBITDA is 0.36 as of Mar. 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 Royal Gold (XSWX:RGLD) Overvalued in 2026?
Based on GuruFocus' analysis, Royal Gold stock appears to be undervalued.
The current stock price of CHF164.28 is trading 26.1% below its estimated GF Value™ of CHF222.20.
Key valuation signals for XSWX:RGLD:
Debt-to-EBITDA: 0.36 (69% below median its 10-year median of 1.18)
GF Value™: CHF222.20 vs. price of CHF164.28 (26.1% below fair value)
Industry Position: 70.9% below the Metals & Mining median (#210 of 592)
No single metric tells the full story. See the XSWX:RGLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal Gold Inc enquires and manages precious metal royalties and streams with a focus on gold. The company purchases a percentage of the metal produced from a mineral property for an initial payment without assuming responsibility for mining operations. Similarly, precious metal streams are purchase agreements with mine operators providing the right to purchase all or a portion of one or more metals produced from a mine in exchange for an upfront deposit payment. Generally, Royal Gold does not work on the properties in which it holds royalty and streaming assets. The company owns a portfolio of producing, development, evaluation, and exploration royalties and streams, and the majority of group revenue is generated from Canada, Mexico, Chile, and the United States.
91GF Score
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