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Novagold ResourcesNG -3.95%30 EV-to-EBIT is -41.12 as of Aug. 02, 2026. GuruFocus rates NG with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 668 Metals & Mining companies, Novagold Resources ranks worse than 149700.45% 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.
Novagold Resources's Enterprise Value for the quarter that ended in May. 2026 was $3,563.25 Mil.
Novagold 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 $-57.34 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.
Novagold Resources EV-to-EBIT Related Terms
Novagold Resources EV-to-EBIT Historical Data
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The historical data trend for Novagold 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 Gold subindustry, Novagold 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.
Novagold Resources EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Novagold Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Novagold Resources's EV-to-EBIT falls into.
Novagold Resources's current Enterprise Value is $2,358.09 Mil.
Novagold 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 $-57.34 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.
Novagold Resources (NG) has a EV-to-EBIT of -41.12 as of Aug. 02, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Novagold Resources and its competitors. According to the industry distribution chart, Novagold Resources ranks #999999 out of 668 companies in the Metals & Mining industry.
Is Novagold Resources' EV-to-EBIT too high?
Novagold Resources' current EV-to-EBIT is -41.12. Based on the distribution chart, Novagold Resources ranks #999999 out of 668 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Novagold Resources has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Novagold Resources' EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Novagold Resources ranks #999999 out of 668 companies for EV-to-EBIT. This places Novagold Resources in the lower half of its industry. The industry median EV-to-EBIT is 11.58. 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 11.58, based on 668 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 Novagold Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novagold Resources's current EV-to-EBIT is -41.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novagold Resources stock overvalued right now?
Novagold Resources (NG) has a current EV-to-EBIT of -41.12. The current EV-to-EBIT is -41.12. Novagold Resources' overall GF Score™ is 30/100 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 Novagold Resources (NG), the current EV-to-EBIT is -41.12 as of Aug. 02, 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.
Novagold Resources Inc operates in the gold mining industry, focused on advancing the Donlin Gold project in Alaska. The Donlin Gold project is held by Donlin Gold LLC (Donlin Gold), a limited liability company owned equally by wholly owned subsidiaries of NOVAGOLD and Barrick Gold Corporation (Barrick). The company includes exploration and development activities of gold and other precious metals.
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