First Lithium (ASX:FL1) EV-to-EBIT: -6.15 (As of Aug. 05, 2026)

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ASX:FL1 First Lithium Ltd ASX:FL1
22 GF Score
Price A$0.14
! 4 Warning Signs
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What is First Lithium EV-to-EBIT?

First Lithium ASX:FL1 22 EV-to-EBIT is -6.15 as of Aug. 05, 2026. GuruFocus rates ASX:FL1 with a GF Score™ of 22/100. The stock has 4 warning signs investors should review.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Lithium's Enterprise Value is A$15.39 Mil. First Lithium's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was A$-2.50 Mil. Therefore, First Lithium's EV-to-EBIT for today is -6.15.

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

ASX:FL1' s EV-to-EBIT Range Over the Past 10 Years
Min: -62.52   Med: -0.25   Max: 0.72
Current: -6.15

During the past 13 years, the highest EV-to-EBIT of First Lithium was 0.72. The lowest was -62.52. And the median was -0.25.

ASX:FL1's EV-to-EBIT is not ranked
in the Metals & Mining industry.
Industry Median: 12.03 vs ASX:FL1: -6.15

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Lithium's Enterprise Value for the quarter that ended in Jun. 2025 was A$8.33 Mil. First Lithium's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was A$-2.50 Mil. First Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -30.03%.


First Lithium  (ASX:FL1) 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) %.

First Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2025 ) =EBIT / Enterprise Value (Q: Jun. 2025 )
=-2.502/8.33055
=-30.03 %

First Lithium's Enterprise Value for the quarter that ended in Jun. 2025 was A$8.33 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Lithium's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was A$-2.50 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.


First Lithium EV-to-EBIT Related Terms


First Lithium EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for First Lithium'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.

First Lithium EV-to-EBIT Chart

First Lithium Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.98 -2.62 -3.21 -1.53 -3.33

First Lithium Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
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 -3.21 0.00 -1.53 0.00 -3.33

First Lithium EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Lithium'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.


First Lithium EV-to-EBIT vs Metals & Mining Industry

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

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


ASX:FL1
22GF Score
First Lithium Ltd ASX:FL1
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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First Lithium EV-to-EBIT Calculation

First Lithium's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15.394/-2.502
=-6.15

First Lithium's current Enterprise Value is A$15.39 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Lithium's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was A$-2.50 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 -6.15 mean?
First Lithium (ASX:FL1) has a EV-to-EBIT of -6.15 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Lithium and its competitors.
Is First Lithium's EV-to-EBIT too high?
First Lithium's current EV-to-EBIT is -6.15. Overall, First Lithium has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does First Lithium's EV-to-EBIT compare to competitors?
First Lithium's EV-to-EBIT of -6.15 can be compared against companies in the Metals & Mining industry. The industry median EV-to-EBIT is 12.03. 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. 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 First Lithium 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. First Lithium's current EV-to-EBIT is -6.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Lithium stock overvalued right now?
First Lithium (ASX:FL1) has a current EV-to-EBIT of -6.15. The current EV-to-EBIT is -6.15. First Lithium's overall GF Score™ is 22/100 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 First Lithium (ASX:FL1), the current EV-to-EBIT is -6.15 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.

First Lithium Business Description

Address 216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
First Lithium Ltd is a mineral exploration and development company. It is focused on West African mineral exploration and development. The company is predominantly engaged in the acquisition, and progress exploration, of the two lithium mineral bearing permits, Faraba and Gouna in Mali (the Mali Lithium Project).
22GF Score

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

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