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Magnetite MinesASX:MGT -5.26% EV-to-EBITDA is -1.19 as of Aug. 03, 2026. The stock has 4 warning signs investors should review. Among 693 Metals & Mining companies, Magnetite Mines ranks worse than 144300% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Magnetite Mines's enterprise value is A$4.12 Mil.
Magnetite Mines's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.45 Mil. Therefore, Magnetite Mines's EV-to-EBITDA for today is -1.19.
The historical rank and industry rank for Magnetite Mines's EV-to-EBITDA or its related term are showing as below:
ASX:MGT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -1.2 Med: 0 Max: 0
Current: -1.2
ASX:MGT's EV-to-EBITDA is ranked worse than 100% of 693
companies
in the Metals & Mining industry
Industry Median: 10.11
vs ASX:MGT: -1.20
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.
Magnetite Mines's PE Ratio (TTM) for today is calculated as:
Magnetite Mines's share price for today is A$0.018.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnetite Mines's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.027.
* 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 Magnetite Mines'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 Other Industrial Metals & Mining subindustry, Magnetite Mines'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.
Magnetite Mines EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magnetite Mines's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Magnetite Mines's EV-to-EBITDA falls into.
Magnetite Mines's current Enterprise Value is A$4.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magnetite Mines's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.45 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.
Magnetite Mines (ASX:MGT) has a EV-to-EBITDA of -1.19 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Magnetite Mines. According to the industry distribution chart, Magnetite Mines ranks #999999 out of 693 companies in the Metals & Mining industry.
Is Magnetite Mines' EV-to-EBITDA too high?
Magnetite Mines' current EV-to-EBITDA is -1.19. Based on the distribution chart, Magnetite Mines ranks #999999 out of 693 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Magnetite Mines' EV-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Magnetite Mines ranks #999999 out of 693 companies for EV-to-EBITDA. This places Magnetite Mines in the lower half of its industry. The industry median EV-to-EBITDA is 10.11. 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 10.11, based on 693 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 Magnetite Mines. For the Metals & Mining industry, the median EV-to-EBITDA is 10.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magnetite Mines's current EV-to-EBITDA is -1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnetite Mines stock overvalued right now?
Magnetite Mines (ASX:MGT) has a current EV-to-EBITDA of -1.19. The current EV-to-EBITDA is -1.19. 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 Magnetite Mines (ASX:MGT), the current EV-to-EBITDA is -1.19 as of Aug. 03, 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.
Magnetite Mines Ltd is a mineral exploration company. It shows interest in the Razorback Iron Project located in the province of South Australia. The group operates in one operating segment and one geographical area, which is Mineral Exploration in Australia. The company's other projects include the Muster Dam Iron Ore Project and Others.
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