Magmatic Resources (ASX:MAG) EV-to-EBIT: -2.57 (As of Jul. 22, 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 Magmatic Resources EV-to-EBIT?

Magmatic Resources ASX:MAG +3.45% EV-to-EBIT is -2.57 as of Jul. 22, 2026. The stock has 1 warning sign investors should review. Among 666 Metals & Mining companies, Magmatic Resources ranks worse than 150150% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Magmatic Resources's Enterprise Value is A$9.35 Mil. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.64 Mil. Therefore, Magmatic Resources's EV-to-EBIT for today is -2.57.

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

ASX:MAG' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.57   Med: 0   Max: 0
Current: -2.57

ASX:MAG's EV-to-EBIT is ranked worse than
100% of 666 companies
in the Metals & Mining industry
Industry Median: 11.865 vs ASX:MAG: -2.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Magmatic Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$20.90 Mil. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.64 Mil. Magmatic Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -17.42%.


Magmatic Resources  (ASX:MAG) 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) %.

Magmatic Resources'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 )
=-3.64/20.898243
=-17.42 %

Magmatic Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$20.90 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.64 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.


Magmatic Resources EV-to-EBIT Related Terms


Magmatic Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Magmatic Resources'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.

Magmatic Resources EV-to-EBIT Chart

Magmatic Resources Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 17.94 -2.73 -3.29 -5.65 -7.98

Magmatic Resources Semi-Annual Data
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 0.00 -5.65 0.00 -7.98 0.00

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

For the Gold subindustry, Magmatic Resources'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.


Magmatic Resources EV-to-EBIT vs Metals & Mining Industry

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

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



Magmatic Resources EV-to-EBIT Calculation

Magmatic Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9.347/-3.64
=-2.57

Magmatic Resources's current Enterprise Value is A$9.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magmatic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.64 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 -2.57 mean?
Magmatic Resources (ASX:MAG) has a EV-to-EBIT of -2.57 as of Jul. 22, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Magmatic Resources and its competitors. According to the industry distribution chart, Magmatic Resources ranks #999999 out of 666 companies in the Metals & Mining industry.
Is Magmatic Resources' EV-to-EBIT too high?
Magmatic Resources' current EV-to-EBIT is -2.57. Based on the distribution chart, Magmatic Resources ranks #999999 out of 666 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Magmatic Resources' EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Magmatic Resources ranks #999999 out of 666 companies for EV-to-EBIT. This places Magmatic Resources in the lower half of its industry. The industry median EV-to-EBIT is 11.87. 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 11.87, based on 666 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 Magmatic Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magmatic Resources's current EV-to-EBIT is -2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magmatic Resources stock overvalued right now?
Magmatic Resources (ASX:MAG) has a current EV-to-EBIT of -2.57. The current EV-to-EBIT is -2.57. 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 Magmatic Resources (ASX:MAG), the current EV-to-EBIT is -2.57 as of Jul. 22, 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.

Magmatic Resources Business Description

Other Exchanges MGRLF:USA
Address 14 Edward Street, Orange, NSW, AUS, 2800
Magmatic Resources Ltd is an Australian mineral exploration company focused on gold and copper targets in the East Lachlan region of New South Wales and the Northern Goldfields in Western Australia. The company holds a portfolio of projects near mining operations like Cadia Valley and Northparkes. Magmatic aims to make discoveries in these prolific mining belts. It also has a joint venture with Fortescue Metals Group to explore the Myall project. The majority of income generation source is the interest income.