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Africa Resources AB (NGM:AFRI) 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.
Africa Resources AB's Enterprise Value for the quarter that ended in Mar. 2026 was kr17.56 Mil.
Africa Resources AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.40 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.
Africa Resources AB EV-to-EBIT Related Terms
Africa Resources AB EV-to-EBIT Historical Data
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The historical data trend for Africa Resources AB'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 Precious Metals & Mining subindustry, Africa Resources AB'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.
Africa Resources AB EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Africa Resources AB's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Africa Resources AB's EV-to-EBIT falls into.
Africa Resources AB's current Enterprise Value is kr12.09 Mil.
Africa Resources AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-1.40 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.
Africa Resources AB (NGM:AFRI) has a EV-to-EBIT of -8.62 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Africa Resources AB and its competitors. According to the industry distribution chart, Africa Resources AB ranks #999999 out of 664 companies in the Metals & Mining industry.
Is Africa Resources AB's EV-to-EBIT too high?
Africa Resources AB's current EV-to-EBIT is -8.62. Based on the distribution chart, Africa Resources AB ranks #999999 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Africa Resources AB has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Africa Resources AB's EV-to-EBIT compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Africa Resources AB ranks #999999 out of 664 companies for EV-to-EBIT. This places Africa Resources AB in the lower half of its industry. The industry median EV-to-EBIT is 11.74. 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 11.74, based on 664 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 Africa Resources AB and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Resources AB's current EV-to-EBIT is -8.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Resources AB stock overvalued right now?
Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.14 — trading 74.9% below its estimated fair value. The current EV-to-EBIT is -8.62. Africa Resources AB's overall GF Score™ is 28/100 with 3 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 Africa Resources AB (NGM:AFRI), the current EV-to-EBIT is -8.62 as of Jul. 18, 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 Africa Resources AB (NGM:AFRI) Overvalued in 2026?
Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued.
The current stock price of kr0.14 is trading 74.9% below its estimated GF Value™ of kr0.57.
GuruFocus considers Africa Resources AB to be Possible Value Trap.
Key valuation signals for NGM:AFRI:
EV-to-EBIT: -8.62
GF Value™: kr0.57 vs. price of kr0.14 (74.9% below fair value)
No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.
28GF 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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