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TharisaLSE:THS +2.68%72 EV-to-EBIT is 2.38 as of Aug. 05, 2026, which is 30% below its 10-year median of 3.41. GuruFocus rates LSE:THS with a GF Score™ of 72/100 and a GF Value™ of £0.84 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 667 Metals & Mining companies, Tharisa ranks better than 90.25% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tharisa's Enterprise Value is £334.2 Mil.
Tharisa's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £140.2 Mil. Therefore, Tharisa's EV-to-EBIT for today is 2.38.
The historical rank and industry rank for Tharisa's EV-to-EBIT or its related term are showing as below:
LSE:THS'
s EV-to-EBIT Range Over the Past 10 Years
Min: 1.14 Med: 3.41 Max: 17.97
Current: 2.31
During the past 13 years, the highest EV-to-EBIT of Tharisa was 17.97. The lowest was 1.14. And the median was 3.41.
LSE:THS's EV-to-EBIT is ranked better than 90.25% of 667
companies
in the Metals & Mining industry
Industry Median: 12.03
vs LSE:THS: 2.31
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.
Tharisa's Enterprise Value for the quarter that ended in Mar. 2026 was £337.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tharisa's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £140.2 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.
Tharisa EV-to-EBIT Related Terms
Tharisa EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Tharisa'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.
For the Other Precious Metals & Mining subindustry, Tharisa'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.
Tharisa EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tharisa's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Tharisa's EV-to-EBIT falls into.
Tharisa's current Enterprise Value is £334.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tharisa's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was £140.2 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.
Tharisa (LSE:THS) has a EV-to-EBIT of 2.38 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Tharisa and its competitors. This is 30% below median its historical median of 3.41. Over the past decade, Tharisa's EV-to-EBIT has ranged from 1.14 to 17.97. According to the industry distribution chart, Tharisa ranks #65 out of 667 companies in the Metals & Mining industry, placing it in the top 9.7%.
Is Tharisa's EV-to-EBIT too high?
Tharisa's current EV-to-EBIT of 2.38 is 30% below median its 10-year median of 3.41. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 17.97. The Metals & Mining industry median EV-to-EBIT is 12.03. Tharisa's value of 2.38 is 80.2% below this industry median. Based on the distribution chart, Tharisa ranks #65 out of 667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Tharisa has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tharisa's EV-to-EBIT compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Tharisa ranks #65 out of 667 companies for EV-to-EBIT. This places Tharisa in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 12.03. Tharisa's value of 2.38 is 80.2% below this benchmark. Historically, Tharisa's own EV-to-EBIT has ranged from 1.14 to 17.97 over the past decade. While the company's 10-year median is 3.41 vs. the industry median of 12.03, Tharisa has consistently been below the industry average. 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 12.03, based on 667 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. Tharisa's current EV-to-EBIT of 2.38 is 80.2% below the industry median. 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 Tharisa and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tharisa's current EV-to-EBIT is 2.38, which is 30% below median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tharisa stock overvalued right now?
Based on GuruFocus' analysis, Tharisa (LSE:THS) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.84, compared to a current price of £1.15 — trading 36.9% above its estimated fair value. The current EV-to-EBIT is 2.38, which is 30% below median its 10-year median of 3.41 and 80.2% below the Metals & Mining industry median of 12.03. Tharisa's overall GF Score™ is 72/100 with 7 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 Tharisa (LSE:THS), the current EV-to-EBIT is 2.38 as of Aug. 05, 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 Tharisa (LSE:THS) Overvalued in 2026?
Based on GuruFocus' analysis, Tharisa stock appears to be overvalued.
The current stock price of £1.15 is trading 36.9% above its estimated GF Value™ of £0.84.
GuruFocus considers Tharisa to be Significantly Overvalued.
Key valuation signals for LSE:THS:
EV-to-EBIT: 2.38 (30% below median its 10-year median of 3.41)
GF Value™: £0.84 vs. price of £1.15 (36.9% above fair value)
Industry Position: 80.2% below the Metals & Mining median (#65 of 667)
No single metric tells the full story. See the LSE:THS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tharisa PLC is an investment holding company. The company, along with its subsidiaries, is engaged in the exploitation of metals and minerals, principally PGMs and chrome and associated sales and logistics operations. It incorporates mining, processing, exploration, and the beneficiation, marketing, sales, and logistics of PGMs and chrome concentrates, using innovation and technology as enablers. The company operates through the following four segments: PGM segment, Chrome segment, Agency and trading segment, and Manufacturing segment. The majority of the revenue is derived from the Chrome segment. Geographically, it generates the maximum revenue from South Africa.
72GF Score
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EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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