Switch Metals (LSE:SWT) EV-to-EBIT: -5.61 (As of Jul. 15, 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.

What is Switch Metals EV-to-EBIT?

Switch Metals LSE:SWT EV-to-EBIT is -5.61 as of Jul. 15, 2026. The stock has 3 warning signs investors should review. Among 663 Metals & Mining companies, Switch Metals ranks worse than 150829.41% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Switch Metals's Enterprise Value is £11.78 Mil. Switch Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £-2.10 Mil. Therefore, Switch Metals's EV-to-EBIT for today is -5.61.

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

LSE:SWT' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.61   Med: 0   Max: 0
Current: -5.61

LSE:SWT's EV-to-EBIT is ranked worse than
100% of 663 companies
in the Metals & Mining industry
Industry Median: 12.13 vs LSE:SWT: -5.61

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Switch Metals's Enterprise Value for the quarter that ended in Dec. 2025 was £10.68 Mil. Switch Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £-2.10 Mil. Switch Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -19.65%.


Switch Metals  (LSE:SWT) 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) %.

Switch Metals'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 )
=-2.1/10.684355
=-19.65 %

Switch Metals's Enterprise Value for the quarter that ended in Dec. 2025 was £10.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Switch Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £-2.10 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.


Switch Metals EV-to-EBIT Related Terms


Switch Metals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Switch Metals'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.

Switch Metals EV-to-EBIT Chart

Switch Metals Annual Data
Trend Jan22 Jan23 Jan24 Dec25
EV-to-EBIT
-8.54 -6.29 -13.06 -5.09

Switch Metals Semi-Annual Data
Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only 0.00 -13.06 0.00 0.00 -5.09

Switch Metals EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Switch Metals'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.


Switch Metals EV-to-EBIT vs Metals & Mining Industry

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

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



Switch Metals EV-to-EBIT Calculation

Switch Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11.776/-2.1
=-5.61

Switch Metals's current Enterprise Value is £11.78 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Switch Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was £-2.10 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 -5.61 mean?
Switch Metals (LSE:SWT) has a EV-to-EBIT of -5.61 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Switch Metals and its competitors. According to the industry distribution chart, Switch Metals ranks #999999 out of 663 companies in the Metals & Mining industry.
Is Switch Metals' EV-to-EBIT too high?
Switch Metals' current EV-to-EBIT is -5.61. Based on the distribution chart, Switch Metals ranks #999999 out of 663 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Switch Metals' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Switch Metals ranks #999999 out of 663 companies for EV-to-EBIT. This places Switch Metals in the lower half of its industry. The industry median EV-to-EBIT is 12.13. 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 12.13, based on 663 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 Switch Metals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Switch Metals's current EV-to-EBIT is -5.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Switch Metals stock overvalued right now?
Switch Metals (LSE:SWT) has a current EV-to-EBIT of -5.61. The current EV-to-EBIT is -5.61. 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 Switch Metals (LSE:SWT), the current EV-to-EBIT is -5.61 as of Jul. 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.

Switch Metals Business Description

Address One Mayfair Place, Level 1, Devonshire House, London, GBR, W1J 8AJ
Switch Metals PLC holder of coltan (tantalum and niobium) and lithium licences in Cote d'Ivoire. Its Projects are Issia, Bouake, and Tiassale.