Minerals Exploration (ASX:MEX) EV-to-EBITDA: -3.03 (As of Jul. 18, 2026)

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What is Minerals Exploration EV-to-EBITDA?

Minerals Exploration ASX:MEX -3.70% EV-to-EBITDA is -3.03 as of Jul. 18, 2026. Among 687 Metals & Mining companies, Minerals Exploration ranks worse than 145560.26% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Minerals Exploration's enterprise value is A$5.44 Mil. Minerals Exploration's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.79 Mil. Therefore, Minerals Exploration's EV-to-EBITDA for today is -3.03.

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

ASX:MEX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -3.89   Med: 0   Max: 0
Current: -3.04

ASX:MEX's EV-to-EBITDA is ranked worse than
100% of 687 companies
in the Metals & Mining industry
Industry Median: 9.81 vs ASX:MEX: -3.04

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 (2026-07-18), Minerals Exploration's stock price is A$0.052. Minerals Exploration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.016. Therefore, Minerals Exploration'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).


Minerals Exploration  (ASX:MEX) 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.

Minerals Exploration's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.052/-0.016
=At Loss

Minerals Exploration's share price for today is A$0.052.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Minerals Exploration's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-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).

Please read Which price ratio outperforms the enterprise multiple?


Minerals Exploration EV-to-EBITDA Related Terms


Minerals Exploration EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Minerals Exploration'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.

Minerals Exploration EV-to-EBITDA Chart

Minerals Exploration Annual Data
Trend Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
-0.31 -0.47 -1.51 -2.94

Minerals Exploration Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.00 -1.51 0.00 -2.94 0.00

ASX:MEX vs NEM, AU: EV-to-EBITDA Comparison

For the Gold subindustry, Minerals Exploration'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.


Minerals Exploration EV-to-EBITDA vs Metals & Mining Industry

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

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



Minerals Exploration EV-to-EBITDA Calculation

Minerals Exploration's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5.436/-1.794
=-3.03

Minerals Exploration's current Enterprise Value is A$5.44 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Minerals Exploration's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.79 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 -3.03 mean?
Minerals Exploration (ASX:MEX) has a EV-to-EBITDA of -3.03 as of Jul. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Minerals Exploration. According to the industry distribution chart, Minerals Exploration ranks #999999 out of 687 companies in the Metals & Mining industry.
Is Minerals Exploration's EV-to-EBITDA too high?
Minerals Exploration's current EV-to-EBITDA is -3.03. Based on the distribution chart, Minerals Exploration ranks #999999 out of 687 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Minerals Exploration's EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Minerals Exploration ranks #999999 out of 687 companies for EV-to-EBITDA. This places Minerals Exploration in the lower half of its industry. The industry median EV-to-EBITDA is 9.81. 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 9.81, based on 687 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 Minerals Exploration. For the Metals & Mining industry, the median EV-to-EBITDA is 9.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerals Exploration's current EV-to-EBITDA is -3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Exploration stock overvalued right now?
Minerals Exploration (ASX:MEX) has a current EV-to-EBITDA of -3.03. The current EV-to-EBITDA is -3.03. 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 Minerals Exploration (ASX:MEX), the current EV-to-EBITDA is -3.03 as of Jul. 18, 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.

Minerals Exploration Business Description

Other Exchanges MEX:New Zealand
Address 3 Richardson Street, West Perth, Perth, WA, AUS, 6005
Minerals Exploration Ltd is a company focused on gold exploration. The company is implementing an aggressive brownfields exploration across its portfolio of New Zealand gold assets. These assets contain previously identified mineralisation from historical production and exploration activities, are located in the Hauraki and Otago Goldfields, and are situated near established deposits.