Thor Explorations (LSE:THX) EV-to-EBIT: 1.49 (As of Aug. 14, 2026) — 54% Below Median

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LSE:THX Thor Explorations Ltd LSE:THX
45 GF Score
Price £0.57
GF Value £0.42
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Thor Explorations EV-to-EBIT?

Thor Explorations LSE:THX -1.03% 45 EV-to-EBIT is 1.49 as of Aug. 14, 2026, which is 54% below its 10-year median of 3.23. GuruFocus rates LSE:THX with a GF Score™ of 45/100 and a GF Value™ of £0.42 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 669 Metals & Mining companies, Thor Explorations ranks better than 92.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Thor Explorations's Enterprise Value is £229.0 Mil. Thor Explorations's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was £153.3 Mil. Therefore, Thor Explorations's EV-to-EBIT for today is 1.49.

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

LSE:THX' s EV-to-EBIT Range Over the Past 10 Years
Min: -99.69   Med: 3.23   Max: 43.88
Current: 1.52

During the past 13 years, the highest EV-to-EBIT of Thor Explorations was 43.88. The lowest was -99.69. And the median was 3.23.

LSE:THX's EV-to-EBIT is ranked better than
92.68% of 669 companies
in the Metals & Mining industry
Industry Median: 12.46 vs LSE:THX: 1.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Thor Explorations's Enterprise Value for the quarter that ended in Jun. 2026 was £225.2 Mil. Thor Explorations's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was £153.3 Mil. Thor Explorations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 68.06%.


Thor Explorations  (LSE:THX) 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) %.

Thor Explorations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=153.288/225.221015
=68.06 %

Thor Explorations's Enterprise Value for the quarter that ended in Jun. 2026 was £225.2 Mil.
Thor Explorations's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was £153.3 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.


Thor Explorations EV-to-EBIT Related Terms


Thor Explorations EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Thor Explorations'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.

Thor Explorations EV-to-EBIT Chart

Thor Explorations Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -90.83 2.92 7.74 1.48 2.43

Thor Explorations Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.24 3.24 2.43 2.50 1.52

LSE:THX vs NEM, AU: EV-to-EBIT Comparison

For the Gold subindustry, Thor Explorations'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.


Thor Explorations EV-to-EBIT vs Metals & Mining Industry

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

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


LSE:THX
45GF Score
Thor Explorations Ltd LSE:THX
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thor Explorations EV-to-EBIT Calculation

Thor Explorations's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=228.978/153.288
=1.49

Thor Explorations's current Enterprise Value is £229.0 Mil.
Thor Explorations's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was £153.3 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 1.49 mean?
Thor Explorations (LSE:THX) has a EV-to-EBIT of 1.49 as of Aug. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thor Explorations and its competitors. This is 54% below median its historical median of 3.23. According to the industry distribution chart, Thor Explorations ranks #49 out of 669 companies in the Metals & Mining industry, placing it in the top 7.3%.
Is Thor Explorations' EV-to-EBIT too high?
Thor Explorations' current EV-to-EBIT of 1.49 is 54% below median its 10-year median of 3.23. The Metals & Mining industry median EV-to-EBIT is 12.46. Thor Explorations' value of 1.49 is 88% below this industry median. Based on the distribution chart, Thor Explorations ranks #49 out of 669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Thor Explorations has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thor Explorations' EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Thor Explorations ranks #49 out of 669 companies for EV-to-EBIT. This places Thor Explorations in the top 7% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 12.46. Thor Explorations' value of 1.49 is 88% below this benchmark. While the company's 10-year median is 3.23 vs. the industry median of 12.46, Thor Explorations 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 12.46, based on 669 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. Thor Explorations's current EV-to-EBIT of 1.49 is 88% 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 Thor Explorations and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thor Explorations's current EV-to-EBIT is 1.49, which is 54% below median its own 10-year median of 3.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Explorations stock overvalued right now?
Based on GuruFocus' analysis, Thor Explorations (LSE:THX) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.42, compared to a current price of £0.57 — trading 36.7% above its estimated fair value. The current EV-to-EBIT is 1.49, which is 54% below median its 10-year median of 3.23 and 88% below the Metals & Mining industry median of 12.46. Thor Explorations' overall GF Score™ is 45/100 with 1 warning sign 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 Thor Explorations (LSE:THX), the current EV-to-EBIT is 1.49 as of Aug. 14, 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 Thor Explorations (LSE:THX) Overvalued in 2026?

Based on GuruFocus' analysis, Thor Explorations stock appears to be overvalued. The current stock price of £0.57 is trading 36.7% above its estimated GF Value™ of £0.42. GuruFocus considers Thor Explorations to be Significantly Overvalued.

Key valuation signals for LSE:THX:

  • EV-to-EBIT: 1.49 (54% below median its 10-year median of 3.23)
  • GF Value™: £0.42 vs. price of £0.57 (36.7% above fair value)
  • GF Score™: 45/100 with 1 warning sign
  • Industry Position: 88% below the Metals & Mining median (#49 of 669)

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


Thor Explorations Business Description

Address 119 West Pender Street, No. 404, Vancouver, BC, CAN, V6B 1S5
Thor Explorations Ltd is a Canadian mineral exploration company engaged in the acquisition, exploration, development, and production of mineral properties located in Nigeria, Senegal, and Cote d'Ivoire. Its project portfolio includes the Segilola Gold Project located in Osun State, Nigeria; the Douta Gold Project located in south-eastern Senegal; and the Guitry Gold Project Cote d'Ivoire. Additionally, the company has entered into two further option agreements to earn the majority interest in the Marahui and Boundiali Exploration licences. Thor Explorations derives revenue mainly from the sale of gold and silver, of which substantial revenue is generated from gold. The company's operations comprise three reportable segments: the Segilola Mine Project, Exploration Projects, and Corporate.
45GF Score

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

£0.57
Price
£0.42
GF Value