Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) EV-to-EBIT: 3.13 (As of Aug. 12, 2026)

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MIC:MAGN Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
17 GF Score
Price ₽22.55
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What is Magnitogorsk Iron & Steel Works PJSC EV-to-EBIT?

Magnitogorsk Iron & Steel Works PJSC MIC:MAGN +1.69% 17 EV-to-EBIT is 3.13 as of Aug. 12, 2026. GuruFocus rates MIC:MAGN with a GF Score™ of 17/100.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Magnitogorsk Iron & Steel Works PJSC's Enterprise Value is ₽479,457 Mil. Magnitogorsk Iron & Steel Works PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽153,210 Mil. Therefore, Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT for today is 3.13.

The historical rank and industry rank for Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT or its related term are showing as below:

MIC:MAGN's EV-to-EBIT is not ranked *
in the Steel industry.
Industry Median: 12.82
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Magnitogorsk Iron & Steel Works PJSC's Enterprise Value for the quarter that ended in Dec. 2023 was ₽490,008 Mil. Magnitogorsk Iron & Steel Works PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽153,210 Mil. Magnitogorsk Iron & Steel Works PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 31.27%.


Magnitogorsk Iron & Steel Works PJSC  (MIC:MAGN) 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) %.

Magnitogorsk Iron & Steel Works PJSC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=153210/490007.92445
=31.27 %

Magnitogorsk Iron & Steel Works PJSC's Enterprise Value for the quarter that ended in Dec. 2023 was ₽490,008 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnitogorsk Iron & Steel Works PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽153,210 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.


Magnitogorsk Iron & Steel Works PJSC EV-to-EBIT Related Terms


Magnitogorsk Iron & Steel Works PJSC EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Magnitogorsk Iron & Steel Works PJSC'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.

Magnitogorsk Iron & Steel Works PJSC EV-to-EBIT Chart

Magnitogorsk Iron & Steel Works PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.48 10.37 2.53 3.12 3.20

Magnitogorsk Iron & Steel Works PJSC Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.53 2.27 3.12 6.36 3.20

MIC:MAGN vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Magnitogorsk Iron & Steel Works PJSC'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.


Magnitogorsk Iron & Steel Works PJSC EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT falls into.


MIC:MAGN
17GF Score
Magnitogorsk Iron & Steel Works PJSC MIC:MAGN
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Magnitogorsk Iron & Steel Works PJSC EV-to-EBIT Calculation

Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=479456.722/153210
=3.13

Magnitogorsk Iron & Steel Works PJSC's current Enterprise Value is ₽479,457 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnitogorsk Iron & Steel Works PJSC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₽153,210 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 3.13 mean?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a EV-to-EBIT of 3.13 as of Aug. 12, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Magnitogorsk Iron & Steel Works PJSC and its competitors.
Is Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT too high?
Magnitogorsk Iron & Steel Works PJSC's current EV-to-EBIT is 3.13. The Steel industry median EV-to-EBIT is 12.82. Magnitogorsk Iron & Steel Works PJSC's value of 3.13 is 75.6% below this industry median. Overall, Magnitogorsk Iron & Steel Works PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT compare to NUE and STLD?
Magnitogorsk Iron & Steel Works PJSC's EV-to-EBIT of 3.13 can be compared against companies in the Steel industry. The industry median EV-to-EBIT is 12.82. Magnitogorsk Iron & Steel Works PJSC's value of 3.13 is 75.6% below this benchmark. 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 Steel company?
The median EV-to-EBIT among Steel companies is 12.82, based on 488 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. Magnitogorsk Iron & Steel Works PJSC's current EV-to-EBIT of 3.13 is 75.6% 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 Magnitogorsk Iron & Steel Works PJSC and its competitors. For the Steel industry, the median EV-to-EBIT is 12.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnitogorsk Iron & Steel Works PJSC's current EV-to-EBIT is 3.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnitogorsk Iron & Steel Works PJSC stock overvalued right now?
Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN) has a current EV-to-EBIT of 3.13. The current EV-to-EBIT is 3.13 and 75.6% below the Steel industry median of 12.82. Magnitogorsk Iron & Steel Works PJSC's overall GF Score™ is 17/100. 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 Magnitogorsk Iron & Steel Works PJSC (MIC:MAGN), the current EV-to-EBIT is 3.13 as of Aug. 12, 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.

Magnitogorsk Iron & Steel Works PJSC Business Description

Address 93, Kirov Street, Chelyabinsk region, Magnitogorsk, RUS, 455000
Magnitogorsk Iron & Steel Works PJSC is a steel producer in Russia. The company's output includes a broad range of steel products with a portion being high-value-added. In Russia, the company operates a large steel-producing complex encompassing the entire production chain from iron-ore processing to downstream production of rolled steel. The company sells the majority of its metal products in Russia. The company's financial results are divided into three segments: the Russian steel segment; the Turkish steel segment; and the coal segment. The steel segment accounts for the vast majority of the company's revenue.
17GF 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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