Bathurst Resources (ASX:BRL) EV-to-EBITDA: -26.28 (As of Jul. 25, 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.

ASX:BRL Bathurst Resources Ltd ASX:BRL
28 GF Score
Price A$0.42
GF Value A$0.51
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Bathurst Resources EV-to-EBITDA?

Bathurst Resources ASX:BRL 28 EV-to-EBITDA is -26.28 as of Jul. 25, 2026. GuruFocus rates ASX:BRL with a GF Score™ of 28/100 and a GF Value™ of A$0.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 529 Steel companies, Bathurst Resources ranks worse than 189035.73% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bathurst Resources's enterprise value is A$80.17 Mil. Bathurst Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.05 Mil. Therefore, Bathurst Resources's EV-to-EBITDA for today is -26.28.

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

ASX:BRL' s EV-to-EBITDA Range Over the Past 10 Years
Min: -28.24   Med: 4   Max: 46.86
Current: -26.27

During the past 13 years, the highest EV-to-EBITDA of Bathurst Resources was 46.86. The lowest was -28.24. And the median was 4.00.

ASX:BRL's EV-to-EBITDA is ranked worse than
100% of 529 companies
in the Steel industry
Industry Median: 9.83 vs ASX:BRL: -26.27

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-25), Bathurst Resources's stock price is A$0.42. Bathurst Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.031. Therefore, Bathurst Resources's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Bathurst Resources  (ASX:BRL) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Bathurst Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.42/-0.031
=At Loss

Bathurst Resources's share price for today is A$0.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bathurst Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.031.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Bathurst Resources EV-to-EBITDA Related Terms


Bathurst Resources EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Bathurst Resources's EV-to-EBITDA 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.

Bathurst Resources EV-to-EBITDA Chart

Bathurst Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 6.31 2.08 4.00 18.78

Bathurst Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA 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 0.00 4.00 0.00 18.78 0.00

ASX:BRL vs HCC, AMR, METC: EV-to-EBITDA Comparison

For the Coking Coal subindustry, Bathurst Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Bathurst Resources EV-to-EBITDA vs Steel Industry

For the Steel industry and Basic Materials sector, Bathurst Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bathurst Resources's EV-to-EBITDA falls into.


ASX:BRL
28GF Score
Bathurst Resources Ltd ASX:BRL
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bathurst Resources EV-to-EBITDA Calculation

Bathurst Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=80.166/-3.051
=-26.28

Bathurst Resources's current Enterprise Value is A$80.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bathurst Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.05 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-EBITDA →
What does a EV-to-EBITDA of -26.28 mean?
Bathurst Resources (ASX:BRL) has a EV-to-EBITDA of -26.28 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bathurst Resources. According to the industry distribution chart, Bathurst Resources ranks #999999 out of 529 companies in the Steel industry.
Is Bathurst Resources' EV-to-EBITDA too high?
Bathurst Resources' current EV-to-EBITDA is -26.28. Based on the distribution chart, Bathurst Resources ranks #999999 out of 529 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Bathurst Resources has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' EV-to-EBITDA compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #999999 out of 529 companies for EV-to-EBITDA. This places Bathurst Resources in the lower half of its industry. The industry median EV-to-EBITDA is 9.83. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.83, based on 529 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bathurst Resources. For the Steel industry, the median EV-to-EBITDA is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bathurst Resources's current EV-to-EBITDA is -26.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.42 — trading 17.6% below its estimated fair value. The current EV-to-EBITDA is -26.28. Bathurst Resources' overall GF Score™ is 28/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Bathurst Resources (ASX:BRL), the current EV-to-EBITDA is -26.28 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 Bathurst Resources (ASX:BRL) Overvalued in 2026?

Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued. The current stock price of A$0.42 is trading 17.6% below its estimated GF Value™ of A$0.51. GuruFocus considers Bathurst Resources to be Modestly Undervalued.

Key valuation signals for ASX:BRL:

  • EV-to-EBITDA: -26.28
  • GF Value™: A$0.51 vs. price of A$0.42 (17.6% below fair value)
  • GF Score™: 28/100 with 2 warning signs

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


Bathurst Resources Business Description

Address 1 Willeston Street, Level 12, Wellington, NZL, 6011
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
28GF Score

Get the complete analysis for ASX:BRL

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

A$0.42
Price
A$0.51
GF Value