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Magnetite MinesASX:MGT +5.56% EV-to-EBIT is -1.12 as of Aug. 01, 2026. The stock has 4 warning signs investors should review. Among 669 Metals & Mining companies, Magnetite Mines ranks worse than 149476.68% on this metric.
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.
Magnetite Mines's Enterprise Value for the quarter that ended in Dec. 2025 was A$10.43 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnetite Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.68 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.
Magnetite Mines EV-to-EBIT Related Terms
Magnetite Mines EV-to-EBIT Historical Data
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The historical data trend for Magnetite Mines'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.
For the Other Industrial Metals & Mining subindustry, Magnetite Mines'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.
Magnetite Mines EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magnetite Mines's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Magnetite Mines's EV-to-EBIT falls into.
Magnetite Mines's current Enterprise Value is A$4.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnetite Mines's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.68 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.
Magnetite Mines (ASX:MGT) has a EV-to-EBIT of -1.12 as of Aug. 01, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Magnetite Mines and its competitors. According to the industry distribution chart, Magnetite Mines ranks #999999 out of 669 companies in the Metals & Mining industry.
Is Magnetite Mines' EV-to-EBIT too high?
Magnetite Mines' current EV-to-EBIT is -1.12. Based on the distribution chart, Magnetite Mines ranks #999999 out of 669 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Magnetite Mines' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Magnetite Mines ranks #999999 out of 669 companies for EV-to-EBIT. This places Magnetite Mines in the lower half of its industry. The industry median EV-to-EBIT is 11.83. 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 11.83, based on 669 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 Magnetite Mines and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnetite Mines's current EV-to-EBIT is -1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetite Mines stock overvalued right now?
Magnetite Mines (ASX:MGT) has a current EV-to-EBIT of -1.12. The current EV-to-EBIT is -1.12. 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 Magnetite Mines (ASX:MGT), the current EV-to-EBIT is -1.12 as of Aug. 01, 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.
Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects include the Muster Dam Iron Ore Project and Others.
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