TWNMF (29Metals) EV-to-EBIT: 11.08 (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TWNMF 29Metals Ltd TWNMF
14 GF Score
Price $0.22
GF Value $0.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is 29Metals EV-to-EBIT?

29Metals TWNMF 14 EV-to-EBIT is 11.08 as of Jul. 20, 2026. GuruFocus rates TWNMF with a GF Score™ of 14/100 and a GF Value™ of $0.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 663 Metals & Mining companies, 29Metals ranks better than 54.45% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, 29Metals's Enterprise Value is $364.6 Mil. 29Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $32.9 Mil. Therefore, 29Metals's EV-to-EBIT for today is 11.08.

The historical rank and industry rank for 29Metals's EV-to-EBIT or its related term are showing as below:

TWNMF' s EV-to-EBIT Range Over the Past 10 Years
Min: -24.98   Med: -1.01   Max: 20.29
Current: 10.47

During the past 6 years, the highest EV-to-EBIT of 29Metals was 20.29. The lowest was -24.98. And the median was -1.01.

TWNMF's EV-to-EBIT is ranked better than
54.45% of 663 companies
in the Metals & Mining industry
Industry Median: 11.7 vs TWNMF: 10.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. 29Metals's Enterprise Value for the quarter that ended in Dec. 2025 was $288.7 Mil. 29Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $32.9 Mil. 29Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.39%.


29Metals  (OTCPK:TWNMF) 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) %.

29Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=32.902/288.74611
=11.39 %

29Metals's Enterprise Value for the quarter that ended in Dec. 2025 was $288.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 29Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $32.9 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.


29Metals EV-to-EBIT Related Terms


29Metals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for 29Metals'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.

29Metals EV-to-EBIT Chart

29Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 31.95 -21.30 -1.56 -2.60 18.46

29Metals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.56 0.00 -2.60 0.00 18.46

TWNMF vs HL: EV-to-EBIT Comparison

For the Other Precious Metals & Mining subindustry, 29Metals'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.


29Metals EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 29Metals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 29Metals's EV-to-EBIT falls into.


TWNMF
14GF Score
29Metals Ltd TWNMF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

29Metals EV-to-EBIT Calculation

29Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=364.607/32.902
=11.08

29Metals's current Enterprise Value is $364.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 29Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $32.9 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 11.08 mean?
29Metals (TWNMF) has a EV-to-EBIT of 11.08 as of Jul. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on 29Metals and its competitors. According to the industry distribution chart, 29Metals ranks #302 out of 663 companies in the Metals & Mining industry, placing it in the top 45.6%.
Is 29Metals' EV-to-EBIT too high?
29Metals' current EV-to-EBIT is 11.08. The Metals & Mining industry median EV-to-EBIT is 11.70. 29Metals' value of 11.08 is 5.3% below this industry median. Based on the distribution chart, 29Metals ranks #302 out of 663 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, 29Metals has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 29Metals' EV-to-EBIT compare to HL?
According to the Metals & Mining industry distribution chart, 29Metals ranks #302 out of 663 companies for EV-to-EBIT. This puts 29Metals in the upper half of its industry. The industry median EV-to-EBIT is 11.70. 29Metals' value of 11.08 is 5.3% below this benchmark. 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 11.70, based on 663 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. 29Metals's current EV-to-EBIT of 11.08 is 5.3% 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 29Metals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 29Metals's current EV-to-EBIT is 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 29Metals stock overvalued right now?
Based on GuruFocus' analysis, 29Metals (TWNMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.22 — trading 340.6% above its estimated fair value. The current EV-to-EBIT is 11.08 and 5.3% below the Metals & Mining industry median of 11.70. 29Metals' overall GF Score™ is 14/100 with 6 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 29Metals (TWNMF), the current EV-to-EBIT is 11.08 as of Jul. 20, 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 29Metals (TWNMF) Overvalued in 2026?

Based on GuruFocus' analysis, 29Metals stock appears to be overvalued. The current stock price of $0.22 is trading 340.6% above its estimated GF Value™ of $0.05. GuruFocus considers 29Metals to be Significantly Overvalued.

Key valuation signals for TWNMF:

  • EV-to-EBIT: 11.08
  • GF Value™: $0.05 vs. price of $0.22 (340.6% above fair value)
  • GF Score™: 14/100 with 6 warning signs
  • Industry Position: 5.3% below the Metals & Mining median (#302 of 663)

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


29Metals Business Description

Other Exchanges 29M:Australia
Address 80 Collins Street, Suite 2, Level 19, North Tower, Melbourne, VIC, AUS, 3000
29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver). The group has three reportable segments which are Golden Grove, Capricorn Copper, and Exploration (which includes Redhill and regional exploration activities at Golden Grove and Capricorn Copper), and the majority of company's revenue is generated from golden grove.
14GF Score

Get the complete analysis for TWNMF

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

$0.22
Price
$0.05
GF Value