Matsa Resources (ASX:MAT) EV-to-EBIT: -3.14 (As of Jul. 02, 2026)

What is Matsa Resources EV-to-EBIT?

Matsa Resources ASX:MAT +6.25% EV-to-EBIT is -3.14 as of Jul. 02, 2026. The stock has 3 warning signs investors should review. Among 661 Metals & Mining companies, Matsa Resources ranks worse than 151285.78% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Matsa Resources's Enterprise Value is A$69.03 Mil. Matsa Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-22.00 Mil. Therefore, Matsa Resources's EV-to-EBIT for today is -3.14.

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

ASX:MAT' s EV-to-EBIT Range Over the Past 10 Years
Min: -8.15 Med: -2.29 Max: -0.89
Current: -3.14

During the past 13 years, the highest EV-to-EBIT of Matsa Resources was -0.89. The lowest was -8.15. And the median was -2.29.

ASX:MAT's EV-to-EBIT is ranked worse than
100% of 661 companies
in the Metals & Mining industry
Industry Median: 11.98 vs ASX:MAT: -3.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Matsa Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$129.76 Mil. Matsa Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-22.00 Mil. Matsa Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -16.95%.

Matsa Resources (ASX:MAT) 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) %.

Matsa 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 )
	=	-22.001	/	129.76423
	=	-16.95 %

Matsa Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$129.76 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Matsa Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-22.00 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.

Matsa Resources EV-to-EBIT Related Terms

Matsa Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Matsa Resources's EV-to-EBIT can be seen below:

Matsa Resources EV-to-EBIT Chart

Matsa Resources Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

EV-to-EBIT

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-2.72

-5.85

29.37

-4.03

33.06

Matsa Resources 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															0.00	-4.03	0.00	33.06	0.00

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

For the Gold subindustry, Matsa 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.

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

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

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

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Matsa Resources EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	69.033	/	-22.001
	=	-3.14

Matsa Resources's current Enterprise Value is A$69.03 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Matsa Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-22.00 Mil.

Frequently Asked Questions Learn more about EV-to-EBIT →

What does a EV-to-EBIT of -3.14 mean?

Matsa Resources (ASX:MAT) has a EV-to-EBIT of -3.14 as of Jul. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Matsa Resources and its competitors. According to the industry distribution chart, Matsa Resources ranks #999999 out of 661 companies in the Metals & Mining industry.

Is Matsa Resources' EV-to-EBIT too high?

Matsa Resources' current EV-to-EBIT is -3.14. Based on the distribution chart, Matsa Resources ranks #999999 out of 661 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.

How does Matsa Resources' EV-to-EBIT compare to NEM and AU?

According to the Metals & Mining industry distribution chart, Matsa Resources ranks #999999 out of 661 companies for EV-to-EBIT. This places Matsa Resources in the lower half of its industry. The industry median EV-to-EBIT is 11.98. 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 11.98, based on 661 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 Matsa Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matsa Resources's current EV-to-EBIT is -3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Matsa Resources stock overvalued right now?

Matsa Resources (ASX:MAT) has a current EV-to-EBIT of -3.14. The current EV-to-EBIT is -3.14. 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 Matsa Resources (ASX:MAT), the current EV-to-EBIT is -3.14 as of Jul. 02, 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.

Matsa Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies ASX:PTN ASX:WCN ASX:PGO ASX:AAM ASX:YRL ASX:SNM ASX:MDX ASX:AWJ ASX:MTC ASX:ODY NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges KB2:Germany

Address 139 Newcastle Street, Suite 11, Perth, WA, AUS, 6000

Website https://www.matsa.com.au

Matsa Resources Ltd engages in the operation of mineral exploration. It focuses on gold in Western Australia and lithium and base metals assets located in Thailand. The Company's main asset is the Lake Carey Gold Project which includes the near-term development Devon gold project and the Red October and Fortitude North exploration projects. It operates through the Australia and Thailand geographical segments, out of which it derives maximum revenue from Australia.