Ionic Rare Earths (ASX:IXR) EV-to-EBIT: -6.46 (As of Jul. 13, 2026)


ASX:IXR Ionic Rare Earths Ltd ASX:IXR
32 GF Score
Price A$0.37
! 1 Warning Sign
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What is Ionic Rare Earths EV-to-EBIT?

Ionic Rare Earths ASX:IXR +2.82% 32 EV-to-EBIT is -6.46 as of Jul. 13, 2026. GuruFocus rates ASX:IXR with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 664 Metals & Mining companies, Ionic Rare Earths ranks worse than 150602.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ionic Rare Earths's Enterprise Value is A$70.65 Mil. Ionic Rare Earths's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-10.94 Mil. Therefore, Ionic Rare Earths's EV-to-EBIT for today is -6.46.

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

ASX:IXR' s EV-to-EBIT Range Over the Past 10 Years
Min: -6.46   Med: 0   Max: 0
Current: -6.46

ASX:IXR's EV-to-EBIT is ranked worse than
100% of 664 companies
in the Metals & Mining industry
Industry Median: 12.03 vs ASX:IXR: -6.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ionic Rare Earths's Enterprise Value for the quarter that ended in Dec. 2025 was A$84.67 Mil. Ionic Rare Earths's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-10.94 Mil. Ionic Rare Earths's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -12.91%.


Ionic Rare Earths  (ASX:IXR) 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) %.

Ionic Rare Earths'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 )
=-10.935/84.67425
=-12.91 %

Ionic Rare Earths's Enterprise Value for the quarter that ended in Dec. 2025 was A$84.67 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ionic Rare Earths's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-10.94 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.


Ionic Rare Earths EV-to-EBIT Related Terms


Ionic Rare Earths EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ionic Rare Earths'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.

Ionic Rare Earths EV-to-EBIT Chart

Ionic Rare Earths 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 -26.11 -26.78 -8.85 -2.07 -5.62

Ionic Rare Earths 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 -2.07 0.00 -5.62 0.00

Ionic Rare Earths EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ionic Rare Earths'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.


Ionic Rare Earths EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Ionic Rare Earths's EV-to-EBIT falls into.


ASX:IXR
32GF Score
Ionic Rare Earths Ltd ASX:IXR
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ionic Rare Earths EV-to-EBIT Calculation

Ionic Rare Earths's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=70.647/-10.935
=-6.46

Ionic Rare Earths's current Enterprise Value is A$70.65 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ionic Rare Earths's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-10.94 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 -6.46 mean?
Ionic Rare Earths (ASX:IXR) has a EV-to-EBIT of -6.46 as of Jul. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ionic Rare Earths and its competitors. According to the industry distribution chart, Ionic Rare Earths ranks #999999 out of 664 companies in the Metals & Mining industry.
Is Ionic Rare Earths' EV-to-EBIT too high?
Ionic Rare Earths' current EV-to-EBIT is -6.46. Based on the distribution chart, Ionic Rare Earths ranks #999999 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ionic Rare Earths has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Rare Earths' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Ionic Rare Earths ranks #999999 out of 664 companies for EV-to-EBIT. This places Ionic Rare Earths in the lower half of its 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 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 Ionic Rare Earths 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. Ionic Rare Earths's current EV-to-EBIT is -6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Rare Earths stock overvalued right now?
Ionic Rare Earths (ASX:IXR) has a current EV-to-EBIT of -6.46. The current EV-to-EBIT is -6.46. Ionic Rare Earths' overall GF Score™ is 32/100 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 Ionic Rare Earths (ASX:IXR), the current EV-to-EBIT is -6.46 as of Jul. 13, 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.

Ionic Rare Earths Business Description

Other Exchanges IXRRF:USA6UH:Germany
Address 459 Colins Street, Level 5 South, Melbourne, VIC, AUS, 3000
Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.
32GF 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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