Vast Resources (LSE:VAST) EV-to-EBIT: -2.79 (As of Jul. 30, 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 Vast Resources EV-to-EBIT?

Vast Resources LSE:VAST EV-to-EBIT is -2.79 as of Jul. 30, 2026. The stock has 4 warning signs investors should review.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vast Resources's Enterprise Value is £13.91 Mil. Vast Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was £-4.98 Mil. Therefore, Vast Resources's EV-to-EBIT for today is -2.79.

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

LSE:VAST' s EV-to-EBIT Range Over the Past 10 Years
Min: -22.84   Med: -2.88   Max: -0.83
Current: -2.8

During the past 13 years, the highest EV-to-EBIT of Vast Resources was -0.83. The lowest was -22.84. And the median was -2.88.

LSE:VAST's EV-to-EBIT is not ranked
in the Metals & Mining industry.
Industry Median: 11.69 vs LSE:VAST: -2.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Vast Resources's Enterprise Value for the quarter that ended in Oct. 2025 was £17.52 Mil. Vast Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was £-4.98 Mil. Vast Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2025 was -28.42%.


Vast Resources  (LSE:VAST) 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) %.

Vast Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Oct. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Oct. 2025 ) =EBIT / Enterprise Value (Q: Oct. 2025 )
=-4.978/17.51632168
=-28.42 %

Vast Resources's Enterprise Value for the quarter that ended in Oct. 2025 was £17.52 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vast Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was £-4.98 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.


Vast Resources EV-to-EBIT Related Terms


Vast Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Vast 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.

Vast Resources EV-to-EBIT Chart

Vast Resources Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.82 -0.95 -4.12 -1.32 -4.59

Vast Resources Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 0.00 -1.32 0.00 -4.59 0.00

Vast Resources EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vast 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.


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

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

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



Vast Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13.907/-4.978
=-2.79

Vast Resources's current Enterprise Value is £13.91 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vast Resources's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was £-4.98 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 -2.79 mean?
Vast Resources (LSE:VAST) has a EV-to-EBIT of -2.79 as of Jul. 30, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vast Resources and its competitors.
Is Vast Resources' EV-to-EBIT too high?
Vast Resources' current EV-to-EBIT is -2.79.
How does Vast Resources' EV-to-EBIT compare to competitors?
Vast Resources' EV-to-EBIT of -2.79 can be compared against companies in the Metals & Mining industry. The industry median EV-to-EBIT is 11.69. 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 11.69, 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. 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 Vast Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vast Resources's current EV-to-EBIT is -2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vast Resources stock overvalued right now?
Vast Resources (LSE:VAST) has a current EV-to-EBIT of -2.79. The current EV-to-EBIT is -2.79. 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 Vast Resources (LSE:VAST), the current EV-to-EBIT is -2.79 as of Jul. 30, 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.

Vast Resources Business Description

Address c/o Arch Law Limited, 8 Bishopsgate, Huckletree Bishopsgate, London, GBR, EC2N 4BQ
Vast Resources PLC is focused on key mining opportunities in Romania, Zimbabwe and Tajikistan. The Group operates in one business segment, the development and mining of mineral assets. It is a resource development company producing copper concentrate, zinc concentrate and gold and silver concentrate from Manaila Polymetallic Mine based at Romania. It has interest in the underground mine, Baita Plai, which is a skarn deposit comprising veins in calcareous sediments in approximately eight distinct pipes. The geographical segments of the company includes Europe and Central Asia and Southern Africa. It has earned revenue from Europe and Central Asia.