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Merafe ResourcesMERFF 62 EV-to-EBIT is 8.99 as of Jul. 27, 2026, which is 668% above its 10-year median of 1.17. GuruFocus rates MERFF with a GF Score™ of 62/100 and a GF Value™ of $0.17. The stock has 8 warning signs investors should review. Among 665 Metals & Mining companies, Merafe Resources ranks better than 65.71% on this metric.
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.
Merafe Resources's Enterprise Value for the quarter that ended in Dec. 2025 was $452.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merafe Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $10.3 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.
Merafe Resources EV-to-EBIT Related Terms
Merafe Resources EV-to-EBIT Historical Data
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The historical data trend for Merafe 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.
For the Other Industrial Metals & Mining subindustry, Merafe 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.
Merafe Resources EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Merafe Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Merafe Resources's EV-to-EBIT falls into.
Merafe Resources's current Enterprise Value is $92.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merafe Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $10.3 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.
Merafe Resources (MERFF) has a EV-to-EBIT of 8.99 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Merafe Resources and its competitors. This is 668% above median its historical median of 1.17. According to the industry distribution chart, Merafe Resources ranks #228 out of 665 companies in the Metals & Mining industry, placing it in the top 34.3%.
Is Merafe Resources' EV-to-EBIT too high?
Merafe Resources' current EV-to-EBIT of 8.99 is 668% above median its 10-year median of 1.17. The Metals & Mining industry median EV-to-EBIT is 11.81. Merafe Resources' value of 8.99 is 23.9% below this industry median. Based on the distribution chart, Merafe Resources ranks #228 out of 665 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Merafe Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Merafe Resources' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Merafe Resources ranks #228 out of 665 companies for EV-to-EBIT. This puts Merafe Resources in the upper half of its industry. The industry median EV-to-EBIT is 11.81. Merafe Resources' value of 8.99 is 23.9% below this benchmark. While the company's 10-year median is 1.17 vs. the industry median of 11.81, Merafe Resources 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 11.81, based on 665 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. Merafe Resources's current EV-to-EBIT of 8.99 is 23.9% 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 Merafe Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merafe Resources's current EV-to-EBIT is 8.99, which is 668% above median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merafe Resources stock overvalued right now?
Merafe Resources (MERFF) has a current EV-to-EBIT of 8.99. The stock's GF Value™ is $0.17, compared to a current price of $0.22 — trading 28.1% above its estimated fair value. The current EV-to-EBIT is 8.99, which is 668% above median its 10-year median of 1.17 and 23.9% below the Metals & Mining industry median of 11.81. Merafe Resources' overall GF Score™ is 62/100 with 8 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 Merafe Resources (MERFF), the current EV-to-EBIT is 8.99 as of Jul. 27, 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 Merafe Resources (MERFF) Overvalued in 2026?
Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued.
The current stock price of $0.22 is trading 28.1% above its estimated GF Value™ of $0.17.
Key valuation signals for MERFF:
EV-to-EBIT: 8.99 (668% above median its 10-year median of 1.17)
GF Value™: $0.17 vs. price of $0.22 (28.1% above fair value)
Industry Position: 23.9% below the Metals & Mining median (#228 of 665)
No single metric tells the full story. See the MERFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.
62GF Score
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