Tungsten West (FRA:540) EV-to-EBIT: -40.97 (As of Aug. 11, 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.

FRA:540 Tungsten West PLC FRA:540
23 GF Score
Price €0.48
GF Value €0.03
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tungsten West EV-to-EBIT?

Tungsten West FRA:540 +10.00% 23 EV-to-EBIT is -40.97 as of Aug. 11, 2026. GuruFocus rates FRA:540 with a GF Score™ of 23/100 and a GF Value™ of €0.03 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 671 Metals & Mining companies, Tungsten West ranks worse than 149031.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tungsten West's Enterprise Value is €661.50 Mil. Tungsten West's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €-16.15 Mil. Therefore, Tungsten West's EV-to-EBIT for today is -40.97.

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

FRA:540' s EV-to-EBIT Range Over the Past 10 Years
Min: -41.54   Med: -2.43   Max: 1.46
Current: -41.54

During the past 6 years, the highest EV-to-EBIT of Tungsten West was 1.46. The lowest was -41.54. And the median was -2.43.

FRA:540's EV-to-EBIT is ranked worse than
100% of 671 companies
in the Metals & Mining industry
Industry Median: 12.67 vs FRA:540: -41.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tungsten West's Enterprise Value for the quarter that ended in Sep. 2025 was €94.44 Mil. Tungsten West's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €-16.15 Mil. Tungsten West's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -17.10%.


Tungsten West  (FRA:540) 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) %.

Tungsten West's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2025 ) =EBIT / Enterprise Value (Q: Sep. 2025 )
=-16.148/94.441328
=-17.10 %

Tungsten West's Enterprise Value for the quarter that ended in Sep. 2025 was €94.44 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tungsten West's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €-16.15 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.


Tungsten West EV-to-EBIT Related Terms


Tungsten West EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Tungsten West'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.

Tungsten West EV-to-EBIT Chart

Tungsten West Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 -8.00 -1.74 -2.03 -2.18

Tungsten West Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 -2.03 0.00 -2.18 0.00

Tungsten West EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Tungsten West'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.


Tungsten West EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:540
23GF Score
Tungsten West PLC FRA:540
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tungsten West EV-to-EBIT Calculation

Tungsten West's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=661.504/-16.148
=-40.97

Tungsten West's current Enterprise Value is €661.50 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tungsten West's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was €-16.15 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 -40.97 mean?
Tungsten West (FRA:540) has a EV-to-EBIT of -40.97 as of Aug. 11, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tungsten West and its competitors. According to the industry distribution chart, Tungsten West ranks #999999 out of 671 companies in the Metals & Mining industry.
Is Tungsten West's EV-to-EBIT too high?
Tungsten West's current EV-to-EBIT is -40.97. Based on the distribution chart, Tungsten West ranks #999999 out of 671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Tungsten West has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tungsten West's EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Tungsten West ranks #999999 out of 671 companies for EV-to-EBIT. This places Tungsten West in the lower half of its industry. The industry median EV-to-EBIT is 12.67. 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 12.67, based on 671 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 Tungsten West and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tungsten West's current EV-to-EBIT is -40.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tungsten West stock overvalued right now?
Based on GuruFocus' analysis, Tungsten West (FRA:540) is currently considered Significantly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.48 — trading 1513.3% above its estimated fair value. The current EV-to-EBIT is -40.97. Tungsten West's overall GF Score™ is 23/100 with 4 warning signs 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 Tungsten West (FRA:540), the current EV-to-EBIT is -40.97 as of Aug. 11, 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.

Is Tungsten West (FRA:540) Overvalued in 2026?

Based on GuruFocus' analysis, Tungsten West stock appears to be overvalued. The current stock price of €0.48 is trading 1513.3% above its estimated GF Value™ of €0.03. GuruFocus considers Tungsten West to be Significantly Overvalued.

Key valuation signals for FRA:540:

  • EV-to-EBIT: -40.97
  • GF Value™: €0.03 vs. price of €0.48 (1513.3% above fair value)
  • GF Score™: 23/100 with 4 warning signs

No single metric tells the full story. See the FRA:540 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tungsten West Business Description

Other Exchanges TUN:UK540:Germany
Address Hemerdon Mine, Drakelands, Plympton, Plymouth, Devon, GBR, PL7 5BS
Tungsten West PLC is a mining exploration company. It is engaged in the mining of tungsten and tin and the processing of secondary aggregates at the Hemerdon Mine, located near Plymouth in southern Devon, United Kingdom.
23GF Score

Get the complete analysis for FRA:540

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

€0.48
Price
€0.03
GF Value