Midas Minerals (ASX:MM1) EV-to-EBIT: -57.36 (As of Jul. 23, 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.

ASX:MM1 Midas Minerals Ltd ASX:MM1
32 GF Score
Price A$0.76
! 1 Warning Sign
View Full Analysis

What is Midas Minerals EV-to-EBIT?

Midas Minerals ASX:MM1 +0.66% 32 EV-to-EBIT is -57.36 as of Jul. 23, 2026. GuruFocus rates ASX:MM1 with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 664 Metals & Mining companies, Midas Minerals ranks worse than 150602.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midas Minerals's Enterprise Value is A$176.38 Mil. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.08 Mil. Therefore, Midas Minerals's EV-to-EBIT for today is -57.36.

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

ASX:MM1' s EV-to-EBIT Range Over the Past 10 Years
Min: -58.16   Med: 0   Max: 0
Current: -57.36

ASX:MM1's EV-to-EBIT is ranked worse than
100% of 664 companies
in the Metals & Mining industry
Industry Median: 12.31 vs ASX:MM1: -57.36

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midas Minerals's Enterprise Value for the quarter that ended in Dec. 2025 was A$111.28 Mil. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.08 Mil. Midas Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.76%.


Midas Minerals  (ASX:MM1) 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) %.

Midas Minerals'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 )
=-3.075/111.27551
=-2.76 %

Midas Minerals's Enterprise Value for the quarter that ended in Dec. 2025 was A$111.28 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.08 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.


Midas Minerals EV-to-EBIT Related Terms


Midas Minerals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Midas Minerals'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.

Midas Minerals EV-to-EBIT Chart

Midas Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial -2.51 -6.13 -2.04 -2.11 -36.19

Midas Minerals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.04 0.00 -2.11 0.00 -36.19

ASX:MM1 vs HL: EV-to-EBIT Comparison

For the Other Precious Metals & Mining subindustry, Midas Minerals'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.


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

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

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


ASX:MM1
32GF Score
Midas Minerals Ltd ASX:MM1
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Midas Minerals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=176.382/-3.075
=-57.36

Midas Minerals's current Enterprise Value is A$176.38 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midas Minerals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.08 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 -57.36 mean?
Midas Minerals (ASX:MM1) has a EV-to-EBIT of -57.36 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Midas Minerals and its competitors. According to the industry distribution chart, Midas Minerals ranks #999999 out of 664 companies in the Metals & Mining industry.
Is Midas Minerals' EV-to-EBIT too high?
Midas Minerals' current EV-to-EBIT is -57.36. Based on the distribution chart, Midas Minerals ranks #999999 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Midas Minerals has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Midas Minerals' EV-to-EBIT compare to HL?
According to the Metals & Mining industry distribution chart, Midas Minerals ranks #999999 out of 664 companies for EV-to-EBIT. This places Midas Minerals in the lower half of its industry. The industry median EV-to-EBIT is 12.31. 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 12.31, 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 Midas Minerals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Midas Minerals's current EV-to-EBIT is -57.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Midas Minerals stock overvalued right now?
Midas Minerals (ASX:MM1) has a current EV-to-EBIT of -57.36. The current EV-to-EBIT is -57.36. Midas Minerals' 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 Midas Minerals (ASX:MM1), the current EV-to-EBIT is -57.36 as of Jul. 23, 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.

Midas Minerals Business Description

Other Exchanges MDMLF:USA
Address 8 Richardson Street, Level 2, West Perth, Perth, WA, AUS, 6005
Midas Minerals Ltd is a junior mineral exploration company with a primary focus on copper and precious metals, with its activities centered on its exploration projects, which include the Otavi Copper Project, Newington Project, Challa Gold, Nickel-Copper-PGE Project, Reid-Aylmer Lithium Project, and Greenbush Lithium Project.
32GF Score

Get the complete analysis for ASX:MM1

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.76
Price