Hastings Technology Metals (ASX:HAS) EV-to-EBIT: -1.36 (As of Jul. 21, 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.

ASX:HAS Hastings Technology Metals Ltd ASX:HAS
24 GF Score
Price A$0.29
! 5 Warning Signs
View Full Analysis

What is Hastings Technology Metals EV-to-EBIT?

Hastings Technology Metals ASX:HAS +1.75% 24 EV-to-EBIT is -1.36 as of Jul. 21, 2026. GuruFocus rates ASX:HAS with a GF Score™ of 24/100. The stock has 5 warning signs investors should review. Among 664 Metals & Mining companies, Hastings Technology Metals ranks worse than 150602.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hastings Technology Metals's Enterprise Value is A$67.52 Mil. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-49.63 Mil. Therefore, Hastings Technology Metals's EV-to-EBIT for today is -1.36.

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

ASX:HAS' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.43   Med: 0   Max: 0
Current: -1.36

ASX:HAS's EV-to-EBIT is ranked worse than
100% of 664 companies
in the Metals & Mining industry
Industry Median: 11.675 vs ASX:HAS: -1.36

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hastings Technology Metals's Enterprise Value for the quarter that ended in Dec. 2025 was A$114.95 Mil. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-49.63 Mil. Hastings Technology Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -43.17%.


Hastings Technology Metals  (ASX:HAS) 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) %.

Hastings Technology Metals'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 )
=-49.628/114.947505
=-43.17 %

Hastings Technology Metals's Enterprise Value for the quarter that ended in Dec. 2025 was A$114.95 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-49.63 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.


Hastings Technology Metals EV-to-EBIT Related Terms


Hastings Technology Metals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Hastings Technology Metals'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.

Hastings Technology Metals EV-to-EBIT Chart

Hastings Technology Metals 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 -28.40 -27.53 20.68 141.73 -0.86

Hastings Technology Metals 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 0.00 141.73 0.00 -0.86 0.00

Hastings Technology Metals EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hastings Technology Metals'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.


Hastings Technology Metals EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Hastings Technology Metals's EV-to-EBIT falls into.


ASX:HAS
24GF Score
Hastings Technology Metals Ltd ASX:HAS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hastings Technology Metals EV-to-EBIT Calculation

Hastings Technology Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=67.517/-49.628
=-1.36

Hastings Technology Metals's current Enterprise Value is A$67.52 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hastings Technology Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-49.63 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 -1.36 mean?
Hastings Technology Metals (ASX:HAS) has a EV-to-EBIT of -1.36 as of Jul. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hastings Technology Metals and its competitors. According to the industry distribution chart, Hastings Technology Metals ranks #999999 out of 664 companies in the Metals & Mining industry.
Is Hastings Technology Metals' EV-to-EBIT too high?
Hastings Technology Metals' current EV-to-EBIT is -1.36. Based on the distribution chart, Hastings Technology Metals ranks #999999 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Hastings Technology Metals has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hastings Technology Metals' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Hastings Technology Metals ranks #999999 out of 664 companies for EV-to-EBIT. This places Hastings Technology Metals in the lower half of its industry. The industry median EV-to-EBIT is 11.68. 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 11.68, based on 664 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 Hastings Technology Metals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hastings Technology Metals's current EV-to-EBIT is -1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hastings Technology Metals stock overvalued right now?
Hastings Technology Metals (ASX:HAS) has a current EV-to-EBIT of -1.36. The current EV-to-EBIT is -1.36. Hastings Technology Metals' overall GF Score™ is 24/100 with 5 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 Hastings Technology Metals (ASX:HAS), the current EV-to-EBIT is -1.36 as of Jul. 21, 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.

Hastings Technology Metals Business Description

Other Exchanges HSRMF:USA5AM:Germany
Address 5 Mill Street, Level 3, Perth, WA, AUS, 6000
Hastings Technology Metals Ltd engages in the exploration of rare earth metals and natural resources. It holds interests in the Yangibana rare earth project located in the Gascoyne region of Western Australia; and the Brockman project located in the East Kimberley region of Western Australia which comprises resources of the rare metals zircon, niobium and tantalum, and the heavy rare earth yttrium.
24GF Score

Get the complete analysis for ASX:HAS

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

A$0.29
Price