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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Kaiser Reef's enterprise value is A$86.2 Mil.
Kaiser Reef's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$18.6 Mil. Therefore, Kaiser Reef's EV-to-EBITDA for today is 4.64.
The historical rank and industry rank for Kaiser Reef's EV-to-EBITDA or its related term are showing as below:
ASX:KAU'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -20.35 Med: -6.53 Max: 6.09
Current: 4.64
During the past 4 years, the highest EV-to-EBITDA of Kaiser Reef was 6.09. The lowest was -20.35. And the median was -6.53.
ASX:KAU's EV-to-EBITDA is ranked better than 78.49% of 688
companies
in the Metals & Mining industry
Industry Median: 10.05
vs ASX:KAU: 4.64
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Kaiser Reef (ASX:KAU) 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.
Kaiser Reef's PE Ratio (TTM) for today is calculated as:
Kaiser Reef's share price for today is A$0.185.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kaiser Reef's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.009.
* 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 Kaiser Reef'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 Gold subindustry, Kaiser Reef'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.
Kaiser Reef EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Kaiser Reef's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Kaiser Reef's EV-to-EBITDA falls into.
Kaiser Reef's current Enterprise Value is A$86.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Kaiser Reef's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$18.6 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.
Kaiser Reef (ASX:KAU) has a EV-to-EBITDA of 4.64 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Kaiser Reef. According to the industry distribution chart, Kaiser Reef ranks #148 out of 688 companies in the Metals & Mining industry, placing it in the top 21.5%.
Is Kaiser Reef's EV-to-EBITDA too high?
Kaiser Reef's current EV-to-EBITDA is 4.64. The Metals & Mining industry median EV-to-EBITDA is 10.05. Kaiser Reef's value of 4.64 is 53.8% below this industry median. Based on the distribution chart, Kaiser Reef ranks #148 out of 688 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Kaiser Reef has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kaiser Reef's EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Kaiser Reef ranks #148 out of 688 companies for EV-to-EBITDA. This places Kaiser Reef in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 10.05. Kaiser Reef's value of 4.64 is 53.8% 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-EBITDA for a Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 10.05, based on 688 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. Kaiser Reef's current EV-to-EBITDA of 4.64 is 53.8% 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 Kaiser Reef. For the Metals & Mining industry, the median EV-to-EBITDA is 10.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kaiser Reef's current EV-to-EBITDA is 4.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaiser Reef stock overvalued right now?
Based on GuruFocus' analysis, Kaiser Reef (ASX:KAU) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.30, compared to a current price of A$0.19 — trading 38.3% below its estimated fair value. The current EV-to-EBITDA is 4.64 and 53.8% below the Metals & Mining industry median of 10.05. Kaiser Reef's overall GF Score™ is 26/100 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 Kaiser Reef (ASX:KAU), the current EV-to-EBITDA is 4.64 as of Jul. 24, 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 Kaiser Reef (ASX:KAU) Overvalued in 2026?
Based on GuruFocus' analysis, Kaiser Reef stock appears to be undervalued.
The current stock price of A$0.19 is trading 38.3% below its estimated GF Value™ of A$0.30.
GuruFocus considers Kaiser Reef to be Possible Value Trap.
Key valuation signals for ASX:KAU:
EV-to-EBITDA: 4.64
GF Value™: A$0.30 vs. price of A$0.19 (38.3% below fair value)
Industry Position: 53.8% below the Metals & Mining median (#148 of 688)
No single metric tells the full story. See the ASX:KAU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kaiser Reef Ltd is a gold producer and exploration company. The company's projects include A1 Gold Mine, Henty Gold Mine, Maldon Goldfields, and Maldon Plant. Its segments include Victoria operations and Tasmania operations. It generates the majority of its revenue from the Victoria operations segment.
26GF Score
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