AEM (Agnico Eagle Mines) EV-to-EBIT: 9.04 (As of Aug. 05, 2026) — 50% Below Median

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AEM Agnico Eagle Mines Ltd AEM
93 GF Score
Price $165.45
GF Value $171.92
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is Agnico Eagle Mines EV-to-EBIT?

Agnico Eagle Mines AEM +9.85% 93 EV-to-EBIT is 9.04 as of Aug. 05, 2026, which is 50% below its 10-year median of 18.15. GuruFocus rates AEM with a GF Score™ of 93/100 and a GF Value™ of $171.92 (Fairly Valued). The stock has 1 warning sign investors should review. Among 667 Metals & Mining companies, Agnico Eagle Mines ranks better than 64.62% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Agnico Eagle Mines's Enterprise Value is $79,494 Mil. Agnico Eagle Mines's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $8,791 Mil. Therefore, Agnico Eagle Mines's EV-to-EBIT for today is 9.04.

The historical rank and industry rank for Agnico Eagle Mines's EV-to-EBIT or its related term are showing as below:

AEM' s EV-to-EBIT Range Over the Past 10 Years
Min: -235.69   Med: 18.15   Max: 94.78
Current: 9.04

During the past 13 years, the highest EV-to-EBIT of Agnico Eagle Mines was 94.78. The lowest was -235.69. And the median was 18.15.

AEM's EV-to-EBIT is ranked better than
64.62% of 667 companies
in the Metals & Mining industry
Industry Median: 12.03 vs AEM: 9.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Agnico Eagle Mines's Enterprise Value for the quarter that ended in Jun. 2026 was $75,395 Mil. Agnico Eagle Mines's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $8,791 Mil. Agnico Eagle Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.66%.


Agnico Eagle Mines  (NYSE:AEM) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Agnico Eagle Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=8790.564/75394.83745
=11.66 %

Agnico Eagle Mines's Enterprise Value for the quarter that ended in Jun. 2026 was $75,395 Mil.
Agnico Eagle Mines's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,791 Mil.

* 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.


Agnico Eagle Mines EV-to-EBIT Related Terms


Agnico Eagle Mines EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Agnico Eagle Mines's EV-to-EBIT 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.

Agnico Eagle Mines EV-to-EBIT Chart

Agnico Eagle Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.24 20.79 11.67 13.74 12.14

Agnico Eagle Mines Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.82 15.73 12.14 12.34 8.80

AEM vs NEM, AU, RGLD: EV-to-EBIT Comparison

For the Gold subindustry, Agnico Eagle Mines's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Agnico Eagle Mines EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Agnico Eagle Mines's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Agnico Eagle Mines's EV-to-EBIT falls into.


AEM
93GF Score
Agnico Eagle Mines Ltd AEM
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Agnico Eagle Mines EV-to-EBIT Calculation

Agnico Eagle Mines's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=79493.565/8790.564
=9.04

Agnico Eagle Mines's current Enterprise Value is $79,494 Mil.
Agnico Eagle Mines's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8,791 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 9.04 mean?
Agnico Eagle Mines (AEM) has a EV-to-EBIT of 9.04 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Agnico Eagle Mines and its competitors. This is 50% below median its historical median of 18.15. According to the industry distribution chart, Agnico Eagle Mines ranks #236 out of 667 companies in the Metals & Mining industry, placing it in the top 35.4%.
Is Agnico Eagle Mines' EV-to-EBIT too high?
Agnico Eagle Mines' current EV-to-EBIT of 9.04 is 50% below median its 10-year median of 18.15. The Metals & Mining industry median EV-to-EBIT is 12.03. Agnico Eagle Mines' value of 9.04 is 24.9% below this industry median. Based on the distribution chart, Agnico Eagle Mines ranks #236 out of 667 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Agnico Eagle Mines has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Agnico Eagle Mines' EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Agnico Eagle Mines ranks #236 out of 667 companies for EV-to-EBIT. This puts Agnico Eagle Mines in the upper half of its industry. The industry median EV-to-EBIT is 12.03. Agnico Eagle Mines' value of 9.04 is 24.9% below this benchmark. While the company's 10-year median is 18.15 vs. the industry median of 12.03, Agnico Eagle Mines 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 EV-to-EBIT for a Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 12.03, based on 667 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Agnico Eagle Mines's current EV-to-EBIT of 9.04 is 24.9% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Agnico Eagle Mines and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Agnico Eagle Mines's current EV-to-EBIT is 9.04, which is 50% below median its own 10-year median of 18.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Agnico Eagle Mines stock overvalued right now?
Based on GuruFocus' analysis, Agnico Eagle Mines (AEM) is currently considered Fairly Valued. The stock's GF Value™ is $171.92, compared to a current price of $165.45 — trading 3.8% below its estimated fair value. The current EV-to-EBIT is 9.04, which is 50% below median its 10-year median of 18.15 and 24.9% below the Metals & Mining industry median of 12.03. Agnico Eagle Mines' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Agnico Eagle Mines (AEM), the current EV-to-EBIT is 9.04 as of Aug. 05, 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 Agnico Eagle Mines (AEM) Overvalued in 2026?

Based on GuruFocus' analysis, Agnico Eagle Mines stock appears to be undervalued. The current stock price of $165.45 is trading 3.8% below its estimated GF Value™ of $171.92. GuruFocus considers Agnico Eagle Mines to be Fairly Valued.

Key valuation signals for AEM:

  • EV-to-EBIT: 9.04 (50% below median its 10-year median of 18.15)
  • GF Value™: $171.92 vs. price of $165.45 (3.8% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 24.9% below the Metals & Mining median (#236 of 667)

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


Agnico Eagle Mines Business Description

Address 145 King Street East, Suite 400, Toronto, ON, CAN, M5C 2Y7
Agnico Eagle is a gold miner with mines in Canada, Mexico, Finland, and Australia. Agnico operated just one mine, LaRonde, as recently as 2008 before bringing its other mines online in rapid succession in the following years. It merged with Kirkland Lake Gold in 2022, acquiring the Detour Lake and Macassa mines in Canada along with the high-grade, low-cost Fosterville mine in Australia. It sold around 3.4 million gold ounces in 2025 and had about 15 years of gold reserves at end 2025. Agnico Eagle is focused on increasing gold production in lower-risk jurisdictions and bought the remaining 50% of its Canadian Malartic mine along with the Wasamac project and other assets from Yamana Gold in 2023.
93GF Score

Get the complete analysis for AEM

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

$165.45
Price
$171.92
GF Value