Focus Minerals (ASX:FML) EV-to-EBIT: 3.47 (As of Jul. 15, 2026) — Near Median

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ASX:FML Focus Minerals Ltd ASX:FML
58 GF Score
Price A$1.62
GF Value A$1.82
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Focus Minerals EV-to-EBIT?

Focus Minerals ASX:FML +0.62% 58 EV-to-EBIT is 3.47 as of Jul. 15, 2026, which is 8% above its 10-year median of 3.21. GuruFocus rates ASX:FML with a GF Score™ of 58/100 and a GF Value™ of A$1.82 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 665 Metals & Mining companies, Focus Minerals ranks better than 86.92% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Focus Minerals's Enterprise Value is A$306.1 Mil. Focus Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.1 Mil. Therefore, Focus Minerals's EV-to-EBIT for today is 3.47.

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

ASX:FML' s EV-to-EBIT Range Over the Past 10 Years
Min: -510.07   Med: 3.21   Max: 84.47
Current: 3.47

During the past 13 years, the highest EV-to-EBIT of Focus Minerals was 84.47. The lowest was -510.07. And the median was 3.21.

ASX:FML's EV-to-EBIT is ranked better than
86.92% of 665 companies
in the Metals & Mining industry
Industry Median: 11.95 vs ASX:FML: 3.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Focus Minerals's Enterprise Value for the quarter that ended in Dec. 2025 was A$724.5 Mil. Focus Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.1 Mil. Focus Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.16%.


Focus Minerals  (ASX:FML) 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) %.

Focus Minerals'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 )
=88.131/724.51013
=12.16 %

Focus Minerals's Enterprise Value for the quarter that ended in Dec. 2025 was A$724.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Focus Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.1 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.


Focus Minerals EV-to-EBIT Related Terms


Focus Minerals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Focus Minerals'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.

Focus Minerals EV-to-EBIT Chart

Focus Minerals 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 -19.98 -42.35 -495.88 14.03 8.22

Focus Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -495.88 0.00 14.03 0.00 8.22

ASX:FML vs NEM, AU: EV-to-EBIT Comparison

For the Gold subindustry, Focus Minerals'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.


Focus Minerals EV-to-EBIT vs Metals & Mining Industry

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

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


ASX:FML
58GF Score
Focus Minerals Ltd ASX:FML
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Focus Minerals EV-to-EBIT Calculation

Focus Minerals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=306.133/88.131
=3.47

Focus Minerals's current Enterprise Value is A$306.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Focus Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.1 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 3.47 mean?
Focus Minerals (ASX:FML) has a EV-to-EBIT of 3.47 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Focus Minerals and its competitors. This is near median its historical median of 3.21. According to the industry distribution chart, Focus Minerals ranks #87 out of 665 companies in the Metals & Mining industry, placing it in the top 13.1%.
Is Focus Minerals' EV-to-EBIT too high?
Focus Minerals' current EV-to-EBIT of 3.47 is near median its 10-year median of 3.21. The Metals & Mining industry median EV-to-EBIT is 11.95. Focus Minerals' value of 3.47 is 71% below this industry median. Based on the distribution chart, Focus Minerals ranks #87 out of 665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Focus Minerals has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Focus Minerals' EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Focus Minerals ranks #87 out of 665 companies for EV-to-EBIT. This places Focus Minerals in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.95. Focus Minerals' value of 3.47 is 71% below this benchmark. While the company's 10-year median is 3.21 vs. the industry median of 11.95, Focus Minerals 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 11.95, 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. Focus Minerals's current EV-to-EBIT of 3.47 is 71% 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 Focus Minerals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Focus Minerals's current EV-to-EBIT is 3.47, which is near median its own 10-year median of 3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Minerals stock overvalued right now?
Based on GuruFocus' analysis, Focus Minerals (ASX:FML) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.82, compared to a current price of A$1.62 — trading 11% below its estimated fair value. The current EV-to-EBIT is 3.47, which is near median its 10-year median of 3.21 and 71% below the Metals & Mining industry median of 11.95. Focus Minerals' overall GF Score™ is 58/100 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 Focus Minerals (ASX:FML), the current EV-to-EBIT is 3.47 as of Jul. 15, 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 Focus Minerals (ASX:FML) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Minerals stock appears to be undervalued. The current stock price of A$1.62 is trading 11% below its estimated GF Value™ of A$1.82. GuruFocus considers Focus Minerals to be Modestly Undervalued.

Key valuation signals for ASX:FML:

  • EV-to-EBIT: 3.47 (near median its 10-year median of 3.21)
  • GF Value™: A$1.82 vs. price of A$1.62 (11% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 71% below the Metals & Mining median (#87 of 665)

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


Focus Minerals Business Description

Other Exchanges FCSUF:USAFZA:Germany
Address 8 Street Georges Terrace, Level 5, Perth, WA, AUS, 6000
Focus Minerals Ltd is engaged in gold exploration and production in Western Australia. The company's projects include Three Mile Hill Processing plant, Varischetti Village, and Coolgardie Gold Project which generates key revenue.
58GF Score

Get the complete analysis for ASX:FML

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

A$1.62
Price
A$1.82
GF Value