Denison Mines (TSX:DML) EV-to-EBIT: -12.90 (As of Jul. 26, 2026)

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TSX:DML Denison Mines Corp TSX:DML
62 GF Score
Price C$4.10
GF Value C$2.61
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Denison Mines EV-to-EBIT?

Denison Mines TSX:DML -5.53% 62 EV-to-EBIT is -12.90 as of Jul. 26, 2026. GuruFocus rates TSX:DML with a GF Score™ of 62/100 and a GF Value™ of C$2.61 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 98 Other Energy Sources companies, Denison Mines ranks worse than 1020407.14% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Denison Mines's Enterprise Value is C$3,454.29 Mil. Denison Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$-267.78 Mil. Therefore, Denison Mines's EV-to-EBIT for today is -12.90.

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

TSX:DML' s EV-to-EBIT Range Over the Past 10 Years
Min: -105.3   Med: -13.71   Max: 137.83
Current: -12.9

During the past 13 years, the highest EV-to-EBIT of Denison Mines was 137.83. The lowest was -105.30. And the median was -13.71.

TSX:DML's EV-to-EBIT is ranked worse than
100% of 98 companies
in the Other Energy Sources industry
Industry Median: 11.21 vs TSX:DML: -12.90

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Denison Mines's Enterprise Value for the quarter that ended in Mar. 2026 was C$4,201.84 Mil. Denison Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$-267.78 Mil. Denison Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.37%.


Denison Mines  (TSX:DML) 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) %.

Denison Mines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-267.783/4201.84305
=-6.37 %

Denison Mines's Enterprise Value for the quarter that ended in Mar. 2026 was C$4,201.84 Mil.
Denison Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-267.78 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.


Denison Mines EV-to-EBIT Related Terms


Denison Mines EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Denison Mines'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.

Denison Mines EV-to-EBIT Chart

Denison Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.27 117.91 22.11 -24.24 -14.56

Denison Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -13.21 -23.31 -16.56 -14.56 -15.69

TSX:DML vs UEC, LEU: EV-to-EBIT Comparison

For the Uranium subindustry, Denison Mines'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.


Denison Mines EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Denison Mines's EV-to-EBIT falls into.


TSX:DML
62GF Score
Denison Mines Corp TSX:DML
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Denison Mines EV-to-EBIT Calculation

Denison Mines's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3454.288/-267.783
=-12.90

Denison Mines's current Enterprise Value is C$3,454.29 Mil.
Denison Mines's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-267.78 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 -12.90 mean?
Denison Mines (TSX:DML) has a EV-to-EBIT of -12.90 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Denison Mines and its competitors. According to the industry distribution chart, Denison Mines ranks #999999 out of 98 companies in the Other Energy Sources industry.
Is Denison Mines' EV-to-EBIT too high?
Denison Mines' current EV-to-EBIT is -12.90. Based on the distribution chart, Denison Mines ranks #999999 out of 98 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Denison Mines has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' EV-to-EBIT compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Denison Mines ranks #999999 out of 98 companies for EV-to-EBIT. This places Denison Mines in the lower half of its industry. The industry median EV-to-EBIT is 11.21. 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 an Other Energy Sources company?
The median EV-to-EBIT among Other Energy Sources companies is 11.21, based on 98 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 Denison Mines and its competitors. For the Other Energy Sources industry, the median EV-to-EBIT is 11.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denison Mines's current EV-to-EBIT is -12.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denison Mines stock overvalued right now?
Based on GuruFocus' analysis, Denison Mines (TSX:DML) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.61, compared to a current price of C$4.10 — trading 57.1% above its estimated fair value. The current EV-to-EBIT is -12.90. Denison Mines' overall GF Score™ is 62/100 with 8 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 Denison Mines (TSX:DML), the current EV-to-EBIT is -12.90 as of Jul. 26, 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 Denison Mines (TSX:DML) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of C$4.10 is trading 57.1% above its estimated GF Value™ of C$2.61. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for TSX:DML:

  • EV-to-EBIT: -12.90
  • GF Value™: C$2.61 vs. price of C$4.10 (57.1% above fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TSX:DML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denison Mines Business Description

Other Exchanges DNN:USA0URY:UKIUQ:Germany
Address 40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.
62GF Score

Get the complete analysis for TSX:DML

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.10
Price
C$2.61
GF Value