Northern Dynasty Minerals (TSX:NDM) EV-to-EBIT: -19.69 (As of Aug. 23, 2026)

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TSX:NDM Northern Dynasty Minerals Ltd TSX:NDM
20 GF Score
Price C$2.40
! 2 Warning Signs
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What is Northern Dynasty Minerals EV-to-EBIT?

Northern Dynasty Minerals TSX:NDM +4.80% 20 EV-to-EBIT is -19.69 as of Aug. 23, 2026. GuruFocus rates TSX:NDM with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 678 Metals & Mining companies, Northern Dynasty Minerals ranks worse than 147492.48% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Northern Dynasty Minerals's Enterprise Value is C$1,299.60 Mil. Northern Dynasty Minerals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was C$-65.99 Mil. Therefore, Northern Dynasty Minerals's EV-to-EBIT for today is -19.69.

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

TSX:NDM' s EV-to-EBIT Range Over the Past 10 Years
Min: -19.69   Med: 0   Max: 0
Current: -19.69

TSX:NDM's EV-to-EBIT is ranked worse than
100% of 678 companies
in the Metals & Mining industry
Industry Median: 12.64 vs TSX:NDM: -19.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Northern Dynasty Minerals's Enterprise Value for the quarter that ended in Jun. 2026 was C$1,473.86 Mil. Northern Dynasty Minerals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was C$-65.99 Mil. Northern Dynasty Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -4.48%.


Northern Dynasty Minerals  (TSX:NDM) 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) %.

Northern Dynasty Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=-65.987/1473.85562
=-4.48 %

Northern Dynasty Minerals's Enterprise Value for the quarter that ended in Jun. 2026 was C$1,473.86 Mil.
Northern Dynasty Minerals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-65.99 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.


Northern Dynasty Minerals EV-to-EBIT Related Terms


Northern Dynasty Minerals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Northern Dynasty Minerals'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.

Northern Dynasty Minerals EV-to-EBIT Chart

Northern Dynasty Minerals 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 -6.21 -5.99 -10.27 -12.30 -14.13

Northern Dynasty Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -12.41 -10.90 -14.13 -24.89 -22.34

Northern Dynasty Minerals EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Northern Dynasty Minerals'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.


Northern Dynasty Minerals EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Northern Dynasty Minerals's EV-to-EBIT falls into.


TSX:NDM
20GF Score
Northern Dynasty Minerals Ltd TSX:NDM
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Dynasty Minerals EV-to-EBIT Calculation

Northern Dynasty Minerals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1299.597/-65.987
=-19.69

Northern Dynasty Minerals's current Enterprise Value is C$1,299.60 Mil.
Northern Dynasty Minerals's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-65.99 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 -19.69 mean?
Northern Dynasty Minerals (TSX:NDM) has a EV-to-EBIT of -19.69 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Northern Dynasty Minerals and its competitors. According to the industry distribution chart, Northern Dynasty Minerals ranks #999999 out of 678 companies in the Metals & Mining industry.
Is Northern Dynasty Minerals' EV-to-EBIT too high?
Northern Dynasty Minerals' current EV-to-EBIT is -19.69. Based on the distribution chart, Northern Dynasty Minerals ranks #999999 out of 678 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Northern Dynasty Minerals has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Northern Dynasty Minerals' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Dynasty Minerals ranks #999999 out of 678 companies for EV-to-EBIT. This places Northern Dynasty Minerals in the lower half of its industry. The industry median EV-to-EBIT is 12.64. 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 12.64, based on 678 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 Northern Dynasty Minerals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Dynasty Minerals's current EV-to-EBIT is -19.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Dynasty Minerals stock overvalued right now?
Northern Dynasty Minerals (TSX:NDM) has a current EV-to-EBIT of -19.69. The current EV-to-EBIT is -19.69. Northern Dynasty Minerals' overall GF Score™ is 20/100 with 2 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 Northern Dynasty Minerals (TSX:NDM), the current EV-to-EBIT is -19.69 as of Aug. 23, 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.

Northern Dynasty Minerals Business Description

Other Exchanges NAK:USA0VA3:UKND3:Germany
Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Northern Dynasty Minerals Ltd is a mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a deposit of copper, gold, molybdenum, and silver into a modern mining operation.
20GF Score

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

C$2.40
Price