Nordic Resources (ASX:NNL) EV-to-EBIT: -26.48 (As of Aug. 03, 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:NNL Nordic Resources Ltd ASX:NNL
29 GF Score
Price A$0.18
View Full Analysis

What is Nordic Resources EV-to-EBIT?

Nordic Resources ASX:NNL -2.70% 29 EV-to-EBIT is -26.48 as of Aug. 03, 2026. GuruFocus rates ASX:NNL with a GF Score™ of 29/100. Among 668 Metals & Mining companies, Nordic Resources ranks worse than 149700.45% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nordic Resources's Enterprise Value is A$69.01 Mil. Nordic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.61 Mil. Therefore, Nordic Resources's EV-to-EBIT for today is -26.48.

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

ASX:NNL' s EV-to-EBIT Range Over the Past 10 Years
Min: -29.37   Med: 0   Max: 0
Current: -26.48

ASX:NNL's EV-to-EBIT is ranked worse than
100% of 668 companies
in the Metals & Mining industry
Industry Median: 11.58 vs ASX:NNL: -26.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nordic Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$62.82 Mil. Nordic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.61 Mil. Nordic Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -4.15%.


Nordic Resources  (ASX:NNL) 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) %.

Nordic 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 )
=-2.606/62.82136
=-4.15 %

Nordic Resources's Enterprise Value for the quarter that ended in Dec. 2025 was A$62.82 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nordic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.61 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.


Nordic Resources EV-to-EBIT Related Terms


Nordic Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Nordic Resources'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.

Nordic Resources EV-to-EBIT Chart

Nordic Resources Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
-10.29 -8.19 -2.73 -14.13

Nordic Resources 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 -2.73 0.00 -14.13 0.00

Nordic Resources EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nordic 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.


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

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

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


ASX:NNL
29GF Score
Nordic Resources Ltd ASX:NNL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=69.007/-2.606
=-26.48

Nordic Resources's current Enterprise Value is A$69.01 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nordic Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.61 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 -26.48 mean?
Nordic Resources (ASX:NNL) has a EV-to-EBIT of -26.48 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Nordic Resources and its competitors. According to the industry distribution chart, Nordic Resources ranks #999999 out of 668 companies in the Metals & Mining industry.
Is Nordic Resources' EV-to-EBIT too high?
Nordic Resources' current EV-to-EBIT is -26.48. Based on the distribution chart, Nordic Resources ranks #999999 out of 668 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Resources' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Resources ranks #999999 out of 668 companies for EV-to-EBIT. This places Nordic Resources in the lower half of its industry. The industry median EV-to-EBIT is 11.58. 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 11.58, based on 668 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 Nordic Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Resources's current EV-to-EBIT is -26.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Resources stock overvalued right now?
Nordic Resources (ASX:NNL) has a current EV-to-EBIT of -26.48. The current EV-to-EBIT is -26.48. Nordic Resources' overall GF Score™ is 29/100. 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 Nordic Resources (ASX:NNL), the current EV-to-EBIT is -26.48 as of Aug. 03, 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.

Nordic Resources Business Description

Other Exchanges GZ7:Germany
Address 197 Saint Georges Terrace, Level 12, Perth, WA, AUS, 6000
Nordic Resources Ltd is an active mineral exploration company focused on discovering and developing gold and critical metals in Finland. Its projects include the Pulju Nickel Project, Kopsa Gold-Copper Project, Kiimala Trend Project, and Hirsikangas Gold Project.
29GF Score

Get the complete analysis for ASX:NNL

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

A$0.18
Price