Accelerate Resources (ASX:AX8) EV-to-EBIT: -2.27 (As of Aug. 10, 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.

What is Accelerate Resources EV-to-EBIT?

Accelerate Resources ASX:AX8 +10.00% EV-to-EBIT is -2.27 as of Aug. 10, 2026. Among 670 Metals & Mining companies, Accelerate Resources ranks worse than 149253.58% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Accelerate Resources's Enterprise Value is A$5.38 Mil. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.37 Mil. Therefore, Accelerate Resources's EV-to-EBIT for today is -2.27.

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

ASX:AX8' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.97   Med: 0   Max: 0
Current: -2.27

ASX:AX8's EV-to-EBIT is ranked worse than
100% of 670 companies
in the Metals & Mining industry
Industry Median: 12.755 vs ASX:AX8: -2.27

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Accelerate Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$4.67 Mil. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.37 Mil. Accelerate Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -50.65%.


Accelerate Resources  (ASX:AX8) 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) %.

Accelerate Resources'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 )
=-2.367/4.673323
=-50.65 %

Accelerate Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$4.67 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.37 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.


Accelerate Resources EV-to-EBIT Related Terms


Accelerate Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Accelerate Resources'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.

Accelerate Resources EV-to-EBIT Chart

Accelerate Resources Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial -1.00 -4.79 -2.41 -8.14 -2.19

Accelerate Resources Semi-Annual Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 0.00 -8.14 0.00 -2.19 0.00

Accelerate Resources EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Accelerate Resources'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.


Accelerate Resources EV-to-EBIT vs Metals & Mining Industry

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

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



Accelerate Resources EV-to-EBIT Calculation

Accelerate Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5.378/-2.367
=-2.27

Accelerate Resources's current Enterprise Value is A$5.38 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Accelerate Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.37 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 -2.27 mean?
Accelerate Resources (ASX:AX8) has a EV-to-EBIT of -2.27 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Accelerate Resources and its competitors. According to the industry distribution chart, Accelerate Resources ranks #999999 out of 670 companies in the Metals & Mining industry.
Is Accelerate Resources' EV-to-EBIT too high?
Accelerate Resources' current EV-to-EBIT is -2.27. Based on the distribution chart, Accelerate Resources ranks #999999 out of 670 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Accelerate Resources' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Accelerate Resources ranks #999999 out of 670 companies for EV-to-EBIT. This places Accelerate Resources in the lower half of its industry. The industry median EV-to-EBIT is 12.76. 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 12.76, based on 670 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 Accelerate Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Accelerate Resources's current EV-to-EBIT is -2.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Accelerate Resources stock overvalued right now?
Accelerate Resources (ASX:AX8) has a current EV-to-EBIT of -2.27. The current EV-to-EBIT is -2.27. 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 Accelerate Resources (ASX:AX8), the current EV-to-EBIT is -2.27 as of Aug. 10, 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.

Accelerate Resources Business Description

Address 16 Ord Street, Suite 1, Ground Floor, Unit G1, West Perth, Perth, WA, AUS, 6005
Accelerate Resources Ltd is an emerging mineral exploration company focused on the discovery and development of gold and critical minerals in the mineral provinces of Western Australia. The Company is committed to creating shareholder value through exploration success, project advancement, and growth via strategic acquisitions and partnerships. Its project portfolio is centred on the Balagundi Gold Project, located within the prospective Kalgoorlie region of Western Australia, and the Woodie Woodie North Manganese Project in the East Pilbara, situated within one of the world's manganese districts.