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Fenix ResourcesASX:FEX 33 EV-to-EBITDA is 2.56 as of Aug. 23, 2026, which is 21% above its 10-year median of 2.11. GuruFocus rates ASX:FEX with a GF Score™ of 33/100 and a GF Value™ of A$0.58 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 530 Steel companies, Fenix Resources ranks better than 91.7% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fenix Resources's enterprise value is A$214.9 Mil.
Fenix Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$83.9 Mil. Therefore, Fenix Resources's EV-to-EBITDA for today is 2.56.
The historical rank and industry rank for Fenix Resources's EV-to-EBITDA or its related term are showing as below:
ASX:FEX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.22 Med: 2.11 Max: 7.45
Current: 2.56
During the past 13 years, the highest EV-to-EBITDA of Fenix Resources was 7.45. The lowest was 0.22. And the median was 2.11.
ASX:FEX's EV-to-EBITDA is ranked better than 91.7% of 530
companies
in the Steel industry
Industry Median: 9.525
vs ASX:FEX: 2.56
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.
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.
Fenix Resources's PE Ratio (TTM) for today is calculated as:
Fenix Resources's share price for today is A$0.26.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.016.
* 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).
The historical data trend for Fenix 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.
For the Steel subindustry, Fenix 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.
Fenix Resources EV-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Fenix Resources's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Fenix Resources's EV-to-EBITDA falls into.
Fenix Resources's current Enterprise Value is A$214.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fenix Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$83.9 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.
Fenix Resources (ASX:FEX) has a EV-to-EBITDA of 2.56 as of Aug. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fenix Resources. This is 21% above median its historical median of 2.11. Over the past decade, Fenix Resources' EV-to-EBITDA has ranged from 0.22 to 7.45. According to the industry distribution chart, Fenix Resources ranks #44 out of 530 companies in the Steel industry, placing it in the top 8.3%.
Is Fenix Resources' EV-to-EBITDA too high?
Fenix Resources' current EV-to-EBITDA of 2.56 is 21% above median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 7.45. The Steel industry median EV-to-EBITDA is 9.53. Fenix Resources' value of 2.56 is 73.1% below this industry median. Based on the distribution chart, Fenix Resources ranks #44 out of 530 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Fenix Resources has a GF Score™ of 33/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fenix Resources' EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Fenix Resources ranks #44 out of 530 companies for EV-to-EBITDA. This places Fenix Resources in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.53. Fenix Resources' value of 2.56 is 73.1% below this benchmark. Historically, Fenix Resources' own EV-to-EBITDA has ranged from 0.22 to 7.45 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 9.53, Fenix Resources 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-EBITDA for a Steel company?
The median EV-to-EBITDA among Steel companies is 9.53, based on 530 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. Fenix Resources's current EV-to-EBITDA of 2.56 is 73.1% 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-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 Fenix Resources. For the Steel industry, the median EV-to-EBITDA is 9.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fenix Resources's current EV-to-EBITDA is 2.56, which is 21% above median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenix Resources stock overvalued right now?
Based on GuruFocus' analysis, Fenix Resources (ASX:FEX) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.58, compared to a current price of A$0.26 — trading 55.2% below its estimated fair value. The current EV-to-EBITDA is 2.56, which is 21% above median its 10-year median of 2.11 and 73.1% below the Steel industry median of 9.53. Fenix Resources' overall GF Score™ is 33/100 with 5 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 Fenix Resources (ASX:FEX), the current EV-to-EBITDA is 2.56 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.
Is Fenix Resources (ASX:FEX) Overvalued in 2026?
Based on GuruFocus' analysis, Fenix Resources stock appears to be undervalued.
The current stock price of A$0.26 is trading 55.2% below its estimated GF Value™ of A$0.58.
GuruFocus considers Fenix Resources to be Significantly Undervalued.
Key valuation signals for ASX:FEX:
EV-to-EBITDA: 2.56 (21% above median its 10-year median of 2.11)
GF Value™: A$0.58 vs. price of A$0.26 (55.2% below fair value)
Industry Position: 73.1% below the Steel median (#44 of 530)
No single metric tells the full story. See the ASX:FEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has single reportable segment: the Mining. The company's assets include the Iron Ridge Iron Ore Mine, the Shine Iron Ore Mine, the Beebyn-W11 Iron Ore Project, the Newhaul Road Logistics haulage.
33GF Score
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