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Macro MetalsASX:M4M EV-to-EBITDA is -5.71 as of Jul. 28, 2026. The stock has 2 warning signs investors should review. Among 528 Steel companies, Macro Metals ranks worse than 189393.75% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Macro Metals's enterprise value is A$25.70 Mil.
Macro Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-4.50 Mil. Therefore, Macro Metals's EV-to-EBITDA for today is -5.71.
The historical rank and industry rank for Macro Metals's EV-to-EBITDA or its related term are showing as below:
ASX:M4M'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -6.73 Med: 0 Max: 0
Current: -5.71
ASX:M4M's EV-to-EBITDA is ranked worse than 100% of 528
companies
in the Steel industry
Industry Median: 9.715
vs ASX:M4M: -5.71
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).
Macro Metals (ASX:M4M) 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.
Macro Metals's PE Ratio (TTM) for today is calculated as:
Macro Metals's share price for today is A$0.006.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macro Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.002.
* 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 Macro Metals'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, Macro Metals'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.
Macro Metals EV-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Macro Metals's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Macro Metals's EV-to-EBITDA falls into.
Macro Metals's current Enterprise Value is A$25.70 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macro Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-4.50 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.
Macro Metals (ASX:M4M) has a EV-to-EBITDA of -5.71 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Macro Metals. According to the industry distribution chart, Macro Metals ranks #999999 out of 528 companies in the Steel industry.
Is Macro Metals' EV-to-EBITDA too high?
Macro Metals' current EV-to-EBITDA is -5.71. Based on the distribution chart, Macro Metals ranks #999999 out of 528 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Macro Metals' EV-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Macro Metals ranks #999999 out of 528 companies for EV-to-EBITDA. This places Macro Metals in the lower half of its industry. The industry median EV-to-EBITDA is 9.72. 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 9.72, based on 528 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 Macro Metals. For the Steel industry, the median EV-to-EBITDA is 9.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macro Metals's current EV-to-EBITDA is -5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macro Metals stock overvalued right now?
Macro Metals (ASX:M4M) has a current EV-to-EBITDA of -5.71. The current EV-to-EBITDA is -5.71. 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 Macro Metals (ASX:M4M), the current EV-to-EBITDA is -5.71 as of Jul. 28, 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.
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.
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