ARBTF (Argo Gold) EV-to-EBIT: -9.33 (As of Jul. 29, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

ARBTF Argo Gold Inc ARBTF
27 GF Score
Price $0.06
! 4 Warning Signs
View Full Analysis

What is Argo Gold EV-to-EBIT?

Argo Gold ARBTF -0.16% 27 EV-to-EBIT is -9.33 as of Jul. 29, 2026. GuruFocus rates ARBTF with a GF Score™ of 27/100. The stock has 4 warning signs investors should review. Among 665 Metals & Mining companies, Argo Gold ranks worse than 150375.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Argo Gold's Enterprise Value is $6.04 Mil. Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.65 Mil. Therefore, Argo Gold's EV-to-EBIT for today is -9.33.

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

ARBTF' s EV-to-EBIT Range Over the Past 10 Years
Min: -54.27   Med: 10.57   Max: 218.7
Current: -9.33

During the past 13 years, the highest EV-to-EBIT of Argo Gold was 218.70. The lowest was -54.27. And the median was 10.57.

ARBTF's EV-to-EBIT is ranked worse than
100% of 665 companies
in the Metals & Mining industry
Industry Median: 11.97 vs ARBTF: -9.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Argo Gold's Enterprise Value for the quarter that ended in Dec. 2025 was $4.34 Mil. Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.65 Mil. Argo Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -14.91%.


Argo Gold  (OTCPK:ARBTF) 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) %.

Argo Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-0.648/4.34495608
=-14.91 %

Argo Gold's Enterprise Value for the quarter that ended in Dec. 2025 was $4.34 Mil.
Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.65 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.


Argo Gold EV-to-EBIT Related Terms


Argo Gold EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Argo Gold'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.

Argo Gold EV-to-EBIT Chart

Argo Gold 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 -3.04 -4.96 -57.82 12.26 -6.75

Argo Gold Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 12.26 11.58 36.25 218.70 -6.75

ARBTF vs NEM, AU: EV-to-EBIT Comparison

For the Gold subindustry, Argo Gold'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.


Argo Gold EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Argo Gold's EV-to-EBIT falls into.


ARBTF
27GF Score
Argo Gold Inc ARBTF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argo Gold EV-to-EBIT Calculation

Argo Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6.043/-0.648
=-9.33

Argo Gold's current Enterprise Value is $6.04 Mil.
Argo Gold's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.65 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 -9.33 mean?
Argo Gold (ARBTF) has a EV-to-EBIT of -9.33 as of Jul. 29, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Argo Gold and its competitors. According to the industry distribution chart, Argo Gold ranks #999999 out of 665 companies in the Metals & Mining industry.
Is Argo Gold's EV-to-EBIT too high?
Argo Gold's current EV-to-EBIT is -9.33. Based on the distribution chart, Argo Gold ranks #999999 out of 665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Argo Gold has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Argo Gold's EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Argo Gold ranks #999999 out of 665 companies for EV-to-EBIT. This places Argo Gold in the lower half of its industry. The industry median EV-to-EBIT is 11.97. 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 11.97, based on 665 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. 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 Argo Gold and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Gold's current EV-to-EBIT is -9.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Gold stock overvalued right now?
Argo Gold (ARBTF) has a current EV-to-EBIT of -9.33. The current EV-to-EBIT is -9.33. Argo Gold's overall GF Score™ is 27/100 with 4 warning signs 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 Argo Gold (ARBTF), the current EV-to-EBIT is -9.33 as of Jul. 29, 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.

Argo Gold Business Description

Other Exchanges P3U:GermanyARQ:Canada
Address 25 Adelaide Street, East, Suit 1400, Toronto, ON, CAN, M5C 3A1
Argo Gold Inc is currently engaged in the acquisition, exploration, and development of mineral properties, and the production, exploration, and development resource properties in Western Canada. Its project includes Oil Production in Alberta includes Mining Projects in Ontario, Strategic Metals Northeast Ontario; Uchi Gold Project includes Woco Zone in the Uchi Gold Project, Raingold Zone at Uchi Lake Gold Project, Northgate Zone Uchi Gold Project, Northwestern Ontario Gold Projects includes Talbot Lake Gold Project, Angela Lake Gold Project; North East Ontario Strategic Minerals includes Hurdman Zinc-Silver Property (Zn-Ag); Saskatchewan Strategic Metals includes North Saskatchewan Mineral Claims, Saskatchewan Uranium Mineral Claims.
27GF Score

Get the complete analysis for ARBTF

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

$0.06
Price