Iron Road (ASX:IRD) EV-to-EBIT: -0.10 (As of Jul. 16, 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 Iron Road EV-to-EBIT?

Iron Road ASX:IRD EV-to-EBIT is -0.10 as of Jul. 16, 2026. The stock has 2 warning signs investors should review. Among 489 Steel companies, Iron Road ranks worse than 204498.77% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Iron Road's Enterprise Value is A$9.15 Mil. Iron Road's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-90.92 Mil. Therefore, Iron Road's EV-to-EBIT for today is -0.10.

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

ASX:IRD' s EV-to-EBIT Range Over the Past 10 Years
Min: -0.14   Med: 0   Max: 0
Current: -0.1

ASX:IRD's EV-to-EBIT is ranked worse than
100% of 489 companies
in the Steel industry
Industry Median: 13.33 vs ASX:IRD: -0.10

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Iron Road's Enterprise Value for the quarter that ended in Dec. 2025 was A$18.20 Mil. Iron Road's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-90.92 Mil. Iron Road's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -499.54%.


Iron Road  (ASX:IRD) 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) %.

Iron Road'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 )
=-90.915/18.199632
=-499.54 %

Iron Road's Enterprise Value for the quarter that ended in Dec. 2025 was A$18.20 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Iron Road's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-90.92 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.


Iron Road EV-to-EBIT Related Terms


Iron Road EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Iron Road'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.

Iron Road EV-to-EBIT Chart

Iron Road 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 -37.63 -29.44 -145.72 -27.68 2.70

Iron Road 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 -27.68 0.00 2.70 0.00

ASX:IRD vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Iron Road'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.


Iron Road EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Iron Road's EV-to-EBIT distribution charts can be found below:

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



Iron Road EV-to-EBIT Calculation

Iron Road's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9.149/-90.915
=-0.10

Iron Road's current Enterprise Value is A$9.15 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Iron Road's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-90.92 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 -0.10 mean?
Iron Road (ASX:IRD) has a EV-to-EBIT of -0.10 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Iron Road and its competitors. According to the industry distribution chart, Iron Road ranks #999999 out of 489 companies in the Steel industry.
Is Iron Road's EV-to-EBIT too high?
Iron Road's current EV-to-EBIT is -0.10. Based on the distribution chart, Iron Road ranks #999999 out of 489 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Iron Road's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Iron Road ranks #999999 out of 489 companies for EV-to-EBIT. This places Iron Road in the lower half of its industry. The industry median EV-to-EBIT is 13.33. 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 Steel company?
The median EV-to-EBIT among Steel companies is 13.33, based on 489 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 Iron Road and its competitors. For the Steel industry, the median EV-to-EBIT is 13.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iron Road's current EV-to-EBIT is -0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Road stock overvalued right now?
Iron Road (ASX:IRD) has a current EV-to-EBIT of -0.10. The current EV-to-EBIT is -0.10. 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 Iron Road (ASX:IRD), the current EV-to-EBIT is -0.10 as of Jul. 16, 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.

Iron Road Business Description

Other Exchanges IRNRF:USA4OV:Germany
Address 63 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Iron Road Ltd. is a mineral exploration company which explores iron ore in Australia. The projects of the company include the Central Eyre Iron and Gawler Iron. The Central Eyre Iron project consists of three prospects: Warramboo, Kopi, and Hambidge.