Minerals Exploration (ASX:MEX) EV-to-EBIT: -3.21 (As of Jul. 17, 2026)

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What is Minerals Exploration EV-to-EBIT?

Minerals Exploration ASX:MEX -3.70% EV-to-EBIT is -3.21 as of Jul. 17, 2026. Among 664 Metals & Mining companies, Minerals Exploration ranks worse than 150602.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Minerals Exploration's Enterprise Value is A$5.82 Mil. Minerals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.81 Mil. Therefore, Minerals Exploration's EV-to-EBIT for today is -3.21.

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

ASX:MEX' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.84   Med: 0   Max: 0
Current: -3.2
ASX:MEX's EV-to-EBIT is ranked worse than
100% of 664 companies
in the Metals & Mining industry
Industry Median: 11.735 vs ASX:MEX: -3.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Minerals Exploration's Enterprise Value for the quarter that ended in Dec. 2025 was A$33.85 Mil. Minerals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.81 Mil. Minerals Exploration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5.36%.

Minerals Exploration  (ASX:MEX) 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) %.

Minerals Exploration'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 )
=-1.814/33.8458
=-5.36 %

Minerals Exploration's Enterprise Value for the quarter that ended in Dec. 2025 was A$33.85 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Minerals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.81 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.

Minerals Exploration EV-to-EBIT Related Terms

Minerals Exploration EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Minerals Exploration'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.

Minerals Exploration EV-to-EBIT Chart

Minerals Exploration Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
-0.31 -0.47 -1.51 -2.94

Minerals Exploration Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only 0.00 -1.51 0.00 -2.94 0.00

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

For the Gold subindustry, Minerals Exploration'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.

Minerals Exploration EV-to-EBIT vs Metals & Mining Industry

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

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


Minerals Exploration EV-to-EBIT Calculation

Minerals Exploration's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5.820/-1.814
=-3.21

Minerals Exploration's current Enterprise Value is A$5.82 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Minerals Exploration's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.81 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 -3.21 mean?
Minerals Exploration (ASX:MEX) has a EV-to-EBIT of -3.21 as of Jul. 17, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Minerals Exploration and its competitors. According to the industry distribution chart, Minerals Exploration ranks #999999 out of 664 companies in the Metals & Mining industry.
Is Minerals Exploration's EV-to-EBIT too high?
Minerals Exploration's current EV-to-EBIT is -3.21. Based on the distribution chart, Minerals Exploration ranks #999999 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Minerals Exploration's EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Minerals Exploration ranks #999999 out of 664 companies for EV-to-EBIT. This places Minerals Exploration in the lower half of its industry. The industry median EV-to-EBIT is 11.74. 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 11.74, 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 Minerals Exploration and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerals Exploration's current EV-to-EBIT is -3.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Exploration stock overvalued right now?
Minerals Exploration (ASX:MEX) has a current EV-to-EBIT of -3.21. The current EV-to-EBIT is -3.21. 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 Minerals Exploration (ASX:MEX), the current EV-to-EBIT is -3.21 as of Jul. 17, 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.

Minerals Exploration Business Description

Other Exchanges MEX:New Zealand
Address 3 Richardson Street, West Perth, Perth, WA, AUS, 6005
Minerals Exploration Ltd is a company focused on gold exploration. The company is implementing an aggressive brownfields exploration across its portfolio of New Zealand gold assets. These assets contain previously identified mineralisation from historical production and exploration activities, are located in the Hauraki and Otago Goldfields, and are situated near established deposits.