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Thistle ResourcesTRCGF -6.25%10 EV-to-EBIT is -18.71 as of Aug. 27, 2026. GuruFocus rates TRCGF with a GF Score™ of 10/100. Among 671 Metals & Mining companies, Thistle Resources ranks worse than 149031.15% 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.
Thistle Resources's Enterprise Value for the quarter that ended in Mar. 2026 was $0.00 Mil.
Thistle Resources'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 $-0.49 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.
Thistle Resources EV-to-EBIT Related Terms
Thistle Resources EV-to-EBIT Historical Data
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The historical data trend for Thistle 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, Thistle 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.
Thistle Resources EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Thistle Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Thistle Resources's EV-to-EBIT falls into.
Thistle Resources's current Enterprise Value is $9.07 Mil.
Thistle Resources'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 $-0.49 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.
Thistle Resources (TRCGF) has a EV-to-EBIT of -18.71 as of Aug. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Thistle Resources and its competitors. According to the industry distribution chart, Thistle Resources ranks #999999 out of 671 companies in the Metals & Mining industry.
Is Thistle Resources' EV-to-EBIT too high?
Thistle Resources' current EV-to-EBIT is -18.71. Based on the distribution chart, Thistle Resources ranks #999999 out of 671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Thistle Resources has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Thistle Resources' EV-to-EBIT compare to ?
According to the Metals & Mining industry distribution chart, Thistle Resources ranks #999999 out of 671 companies for EV-to-EBIT. This places Thistle Resources in the lower half of its industry. The industry median EV-to-EBIT is 12.70. 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 12.70, based on 671 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 Thistle Resources and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thistle Resources's current EV-to-EBIT is -18.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thistle Resources stock overvalued right now?
Thistle Resources (TRCGF) has a current EV-to-EBIT of -18.71. The current EV-to-EBIT is -18.71. Thistle Resources' overall GF Score™ is 10/100. 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 Thistle Resources (TRCGF), the current EV-to-EBIT is -18.71 as of Aug. 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.
Thistle Resources Inc is engaged in base and precious metal exploration in the Bathurst Mining Camp, New Brunswick, and the Cape Breton Highlands Region, Nova Scotia. The company wholly-owns the following mineral exploration projects: Middle River Gold Project; Middle River VMS Project; Celtic Highlands Project and Alba Forks Project. It has acquired the option to purchase the mineral claims associated with the Brunswick Gold-Silver Project.
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