OceanaGold (TSX:OGC) EV-to-EBIT: 4.46 (As of Jul. 25, 2026) — 54% Below Median

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TSX:OGC OceanaGold Corp TSX:OGC
86 GF Score
Price C$33.57
GF Value C$29.05
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is OceanaGold EV-to-EBIT?

OceanaGold TSX:OGC +1.27% 86 EV-to-EBIT is 4.46 as of Jul. 25, 2026, which is 54% below its 10-year median of 9.76. GuruFocus rates TSX:OGC with a GF Score™ of 86/100 and a GF Value™ of C$29.05 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 665 Metals & Mining companies, OceanaGold ranks better than 83.01% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, OceanaGold's Enterprise Value is C$6,813 Mil. OceanaGold's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$1,527 Mil. Therefore, OceanaGold's EV-to-EBIT for today is 4.46.

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

TSX:OGC' s EV-to-EBIT Range Over the Past 10 Years
Min: -849.07   Med: 9.76   Max: 58.74
Current: 4.46

During the past 13 years, the highest EV-to-EBIT of OceanaGold was 58.74. The lowest was -849.07. And the median was 9.76.

TSX:OGC's EV-to-EBIT is ranked better than
83.01% of 665 companies
in the Metals & Mining industry
Industry Median: 11.86 vs TSX:OGC: 4.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. OceanaGold's Enterprise Value for the quarter that ended in Mar. 2026 was C$9,200 Mil. OceanaGold's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was C$1,527 Mil. OceanaGold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.60%.


OceanaGold  (TSX:OGC) 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) %.

OceanaGold'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 )
=1527.482/9199.96
=16.60 %

OceanaGold's Enterprise Value for the quarter that ended in Mar. 2026 was C$9,200 Mil.
OceanaGold'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$1,527 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.


OceanaGold EV-to-EBIT Related Terms


OceanaGold EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for OceanaGold'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.

OceanaGold EV-to-EBIT Chart

OceanaGold 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 -67.68 8.48 10.70 7.22 6.60

OceanaGold 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 5.75 5.83 7.87 6.60 6.02

TSX:OGC vs NEM, AU: EV-to-EBIT Comparison

For the Gold subindustry, OceanaGold'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.


OceanaGold EV-to-EBIT vs Metals & Mining Industry

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

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


TSX:OGC
86GF Score
OceanaGold Corp TSX:OGC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OceanaGold EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6813.408/1527.482
=4.46

OceanaGold's current Enterprise Value is C$6,813 Mil.
OceanaGold'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$1,527 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 4.46 mean?
OceanaGold (TSX:OGC) has a EV-to-EBIT of 4.46 as of Jul. 25, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on OceanaGold and its competitors. This is 54% below median its historical median of 9.76. According to the industry distribution chart, OceanaGold ranks #113 out of 665 companies in the Metals & Mining industry, placing it in the top 17%.
Is OceanaGold's EV-to-EBIT too high?
OceanaGold's current EV-to-EBIT of 4.46 is 54% below median its 10-year median of 9.76. The Metals & Mining industry median EV-to-EBIT is 11.86. OceanaGold's value of 4.46 is 62.4% below this industry median. Based on the distribution chart, OceanaGold ranks #113 out of 665 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, OceanaGold has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OceanaGold's EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, OceanaGold ranks #113 out of 665 companies for EV-to-EBIT. This places OceanaGold in the top 17% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 11.86. OceanaGold's value of 4.46 is 62.4% below this benchmark. While the company's 10-year median is 9.76 vs. the industry median of 11.86, OceanaGold has consistently been below the industry average. 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 11.86, based on 665 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. OceanaGold's current EV-to-EBIT of 4.46 is 62.4% below the industry median. 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 OceanaGold and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OceanaGold's current EV-to-EBIT is 4.46, which is 54% below median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OceanaGold stock overvalued right now?
Based on GuruFocus' analysis, OceanaGold (TSX:OGC) is currently considered Modestly Overvalued. The stock's GF Value™ is C$29.05, compared to a current price of C$33.57 — trading 15.6% above its estimated fair value. The current EV-to-EBIT is 4.46, which is 54% below median its 10-year median of 9.76 and 62.4% below the Metals & Mining industry median of 11.86. OceanaGold's overall GF Score™ is 86/100 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 OceanaGold (TSX:OGC), the current EV-to-EBIT is 4.46 as of Jul. 25, 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 OceanaGold (TSX:OGC) Overvalued in 2026?

Based on GuruFocus' analysis, OceanaGold stock appears to be overvalued. The current stock price of C$33.57 is trading 15.6% above its estimated GF Value™ of C$29.05. GuruFocus considers OceanaGold to be Modestly Overvalued.

Key valuation signals for TSX:OGC:

  • EV-to-EBIT: 4.46 (54% below median its 10-year median of 9.76)
  • GF Value™: C$29.05 vs. price of C$33.57 (15.6% above fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 62.4% below the Metals & Mining median (#113 of 665)

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


OceanaGold Business Description

Other Exchanges OGC:USA0VAQ:UKRQQ0:Germany
Address 400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering robust returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The company generates key revenue from Haile mines.
86GF Score

Get the complete analysis for TSX:OGC

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

C$33.57
Price
C$29.05
GF Value