MRIRF (Route 109 Resources) EV-to-EBIT: -10.13 (As of Aug. 06, 2026)

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What is Route 109 Resources EV-to-EBIT?

Route 109 Resources MRIRF EV-to-EBIT is -10.13 as of Aug. 06, 2026. Among 669 Metals & Mining companies, Route 109 Resources ranks worse than 149476.68% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Route 109 Resources's Enterprise Value is $1.25 Mil. Route 109 Resources's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $-0.12 Mil. Therefore, Route 109 Resources's EV-to-EBIT for today is -10.13.

The historical rank and industry rank for Route 109 Resources's EV-to-EBIT or its related term are showing as below:

MRIRF' s EV-to-EBIT Range Over the Past 10 Years
Min: -10.31   Med: 0   Max: 0
Current: -10.31

MRIRF's EV-to-EBIT is ranked worse than
100% of 669 companies
in the Metals & Mining industry
Industry Median: 12.62 vs MRIRF: -10.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Route 109 Resources's Enterprise Value for the quarter that ended in May. 2026 was $1.46 Mil. Route 109 Resources's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $-0.12 Mil. Route 109 Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was -8.44%.


Route 109 Resources  (OTCPK:MRIRF) 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) %.

Route 109 Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=-0.123/1.4568
=-8.44 %

Route 109 Resources's Enterprise Value for the quarter that ended in May. 2026 was $1.46 Mil.
Route 109 Resources's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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.


Route 109 Resources EV-to-EBIT Related Terms


Route 109 Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Route 109 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.

Route 109 Resources EV-to-EBIT Chart

Route 109 Resources Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only -2.76 -2.19 -14.79 -5.73 -7.61

Route 109 Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -5.87 -7.61 -11.79 -12.81 -13.76

MRIRF vs NEM, AU: EV-to-EBIT Comparison

For the Gold subindustry, Route 109 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.


Route 109 Resources EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Route 109 Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Route 109 Resources's EV-to-EBIT falls into.



Route 109 Resources EV-to-EBIT Calculation

Route 109 Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.246/-0.123
=-10.13

Route 109 Resources's current Enterprise Value is $1.25 Mil.
Route 109 Resources's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.12 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 -10.13 mean?
Route 109 Resources (MRIRF) has a EV-to-EBIT of -10.13 as of Aug. 06, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Route 109 Resources and its competitors. According to the industry distribution chart, Route 109 Resources ranks #999999 out of 669 companies in the Metals & Mining industry.
Is Route 109 Resources' EV-to-EBIT too high?
Route 109 Resources' current EV-to-EBIT is -10.13. Based on the distribution chart, Route 109 Resources ranks #999999 out of 669 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Route 109 Resources' EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Route 109 Resources ranks #999999 out of 669 companies for EV-to-EBIT. This places Route 109 Resources in the lower half of its industry. The industry median EV-to-EBIT is 12.62. 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 12.62, 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. 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 Route 109 Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Route 109 Resources's current EV-to-EBIT is -10.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Route 109 Resources stock overvalued right now?
Route 109 Resources (MRIRF) has a current EV-to-EBIT of -10.13. The current EV-to-EBIT is -10.13. 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 Route 109 Resources (MRIRF), the current EV-to-EBIT is -10.13 as of Aug. 06, 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.

Route 109 Resources Business Description

Other Exchanges 8M0:GermanyRTE:Canada
Address 1185 W. Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4E6
Route 109 Resources Inc is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. The company operates in one reportable operating segment, being exploration and evaluation of mineral properties in Canada.