Noble Helium (ASX:NHE) EV-to-EBIT: -6.80 (As of Aug. 15, 2026)

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What is Noble Helium EV-to-EBIT?

Noble Helium ASX:NHE -3.45% EV-to-EBIT is -6.80 as of Aug. 15, 2026. The stock has 4 warning signs investors should review. Among 1,250 Chemicals companies, Noble Helium ranks worse than 79999.92% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble Helium's Enterprise Value is A$42.04 Mil. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.19 Mil. Therefore, Noble Helium's EV-to-EBIT for today is -6.80.

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

ASX:NHE' s EV-to-EBIT Range Over the Past 10 Years
Min: -7.2   Med: 0   Max: 0
Current: -6.8

ASX:NHE's EV-to-EBIT is ranked worse than
100% of 1250 companies
in the Chemicals industry
Industry Median: 17.81 vs ASX:NHE: -6.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noble Helium's Enterprise Value for the quarter that ended in Dec. 2025 was A$28.71 Mil. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.19 Mil. Noble Helium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -21.55%.


Noble Helium  (ASX:NHE) 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) %.

Noble Helium'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 )
=-6.185/28.7059
=-21.55 %

Noble Helium's Enterprise Value for the quarter that ended in Dec. 2025 was A$28.71 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.19 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.


Noble Helium EV-to-EBIT Related Terms


Noble Helium EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Noble Helium'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.

Noble Helium EV-to-EBIT Chart

Noble Helium Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
-3.44 -14.20 -6.88 -1.65

Noble Helium 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 -6.88 0.00 -1.65 0.00

ASX:NHE vs LIN, SHW, ECL: EV-to-EBIT Comparison

For the Specialty Chemicals subindustry, Noble Helium'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.


Noble Helium EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Noble Helium's EV-to-EBIT distribution charts can be found below:

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



Noble Helium EV-to-EBIT Calculation

Noble Helium's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=42.040/-6.185
=-6.80

Noble Helium's current Enterprise Value is A$42.04 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.19 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 -6.80 mean?
Noble Helium (ASX:NHE) has a EV-to-EBIT of -6.80 as of Aug. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Noble Helium and its competitors. According to the industry distribution chart, Noble Helium ranks #999999 out of 1250 companies in the Chemicals industry.
Is Noble Helium's EV-to-EBIT too high?
Noble Helium's current EV-to-EBIT is -6.80. Based on the distribution chart, Noble Helium ranks #999999 out of 1250 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Noble Helium's EV-to-EBIT compare to LIN and SHW?
According to the Chemicals industry distribution chart, Noble Helium ranks #999999 out of 1250 companies for EV-to-EBIT. This places Noble Helium in the lower half of its industry. The industry median EV-to-EBIT is 17.81. 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 Chemicals company?
The median EV-to-EBIT among Chemicals companies is 17.81, based on 1,250 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 Noble Helium and its competitors. For the Chemicals industry, the median EV-to-EBIT is 17.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Helium's current EV-to-EBIT is -6.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Helium stock overvalued right now?
Noble Helium (ASX:NHE) has a current EV-to-EBIT of -6.80. The current EV-to-EBIT is -6.80. 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 Noble Helium (ASX:NHE), the current EV-to-EBIT is -6.80 as of Aug. 15, 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.

Noble Helium Business Description

Other Exchanges NBHEF:USAGN1:Germany
Address 216 St. Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Noble Helium Ltd is an Australian helium exploration company. It is focused on advancing its projects in Tanzania's East African Rift System to meet the growing need for a primary, carbon-free, and geopolitically independent source of helium. The company is focused on advancing its flagship project, the North Rukwa project, which is strategically located within Tanzania's Rukwa Basin. Additionally, it holds prospecting licences (PLs) in the North Nyasa and Eyasi basins, and prospecting licence applications (PLAs) in the Manyara basins in Tanzania. Noble operates in one reportable segment, being mineral exploration in the United Republic of Tanzania.