Mitchell Services (ASX:MSV) EV-to-EBITDA: 2.90 (As of Jul. 19, 2026) — 28% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MSV Mitchell Services Ltd ASX:MSV
55 GF Score
Price A$0.54
GF Value A$0.32
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Mitchell Services EV-to-EBITDA?

Mitchell Services ASX:MSV -1.83% 55 EV-to-EBITDA is 2.90 as of Jul. 19, 2026, which is 28% below its 10-year median of 4.01. GuruFocus rates ASX:MSV with a GF Score™ of 55/100 and a GF Value™ of A$0.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 686 Metals & Mining companies, Mitchell Services ranks better than 87.17% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Mitchell Services's enterprise value is A$100.1 Mil. Mitchell Services's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$34.5 Mil. Therefore, Mitchell Services's EV-to-EBITDA for today is 2.90.

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

ASX:MSV' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.36   Med: 4.01   Max: 151.68
Current: 2.9

During the past 13 years, the highest EV-to-EBITDA of Mitchell Services was 151.68. The lowest was 1.36. And the median was 4.01.

ASX:MSV's EV-to-EBITDA is ranked better than
87.17% of 686 companies
in the Metals & Mining industry
Industry Median: 9.54 vs ASX:MSV: 2.90

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 (2026-07-19), Mitchell Services's stock price is A$0.535. Mitchell Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.042. Therefore, Mitchell Services's PE Ratio (TTM) for today is 12.74.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Mitchell Services  (ASX:MSV) 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.

Mitchell Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.535/0.042
=12.74

Mitchell Services's share price for today is A$0.535.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mitchell Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.042.

* 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?


Mitchell Services EV-to-EBITDA Related Terms


Mitchell Services EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Mitchell Services'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.

Mitchell Services EV-to-EBITDA Chart

Mitchell Services Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 3.49 2.52 2.44 2.25

Mitchell Services Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 2.44 0.00 2.25 0.00

Mitchell Services EV-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mitchell Services'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.


Mitchell Services EV-to-EBITDA vs Metals & Mining Industry

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

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


ASX:MSV
55GF Score
Mitchell Services Ltd ASX:MSV
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mitchell Services EV-to-EBITDA Calculation

Mitchell Services's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=100.135/34.495
=2.90

Mitchell Services's current Enterprise Value is A$100.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Mitchell Services's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$34.5 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 2.90 mean?
Mitchell Services (ASX:MSV) has a EV-to-EBITDA of 2.90 as of Jul. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Mitchell Services. This is 28% below median its historical median of 4.01. Over the past decade, Mitchell Services' EV-to-EBITDA has ranged from 1.36 to 151.68. According to the industry distribution chart, Mitchell Services ranks #88 out of 686 companies in the Metals & Mining industry, placing it in the top 12.8%.
Is Mitchell Services' EV-to-EBITDA too high?
Mitchell Services' current EV-to-EBITDA of 2.90 is 28% below median its 10-year median of 4.01. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 151.68. The Metals & Mining industry median EV-to-EBITDA is 9.54. Mitchell Services' value of 2.90 is 69.6% below this industry median. Based on the distribution chart, Mitchell Services ranks #88 out of 686 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Mitchell Services has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitchell Services' EV-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Mitchell Services ranks #88 out of 686 companies for EV-to-EBITDA. This places Mitchell Services in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.54. Mitchell Services' value of 2.90 is 69.6% below this benchmark. Historically, Mitchell Services' own EV-to-EBITDA has ranged from 1.36 to 151.68 over the past decade. While the company's 10-year median is 4.01 vs. the industry median of 9.54, Mitchell Services 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 Metals & Mining company?
The median EV-to-EBITDA among Metals & Mining companies is 9.54, based on 686 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. Mitchell Services's current EV-to-EBITDA of 2.90 is 69.6% 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 Mitchell Services. For the Metals & Mining industry, the median EV-to-EBITDA is 9.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mitchell Services's current EV-to-EBITDA is 2.90, which is 28% below median its own 10-year median of 4.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitchell Services stock overvalued right now?
Based on GuruFocus' analysis, Mitchell Services (ASX:MSV) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.32, compared to a current price of A$0.54 — trading 67.2% above its estimated fair value. The current EV-to-EBITDA is 2.90, which is 28% below median its 10-year median of 4.01 and 69.6% below the Metals & Mining industry median of 9.54. Mitchell Services' overall GF Score™ is 55/100 with 6 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 Mitchell Services (ASX:MSV), the current EV-to-EBITDA is 2.90 as of Jul. 19, 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 Mitchell Services (ASX:MSV) Overvalued in 2026?

Based on GuruFocus' analysis, Mitchell Services stock appears to be overvalued. The current stock price of A$0.54 is trading 67.2% above its estimated GF Value™ of A$0.32. GuruFocus considers Mitchell Services to be Significantly Overvalued.

Key valuation signals for ASX:MSV:

  • EV-to-EBITDA: 2.90 (28% below median its 10-year median of 4.01)
  • GF Value™: A$0.32 vs. price of A$0.54 (67.2% above fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 69.6% below the Metals & Mining median (#88 of 686)

No single metric tells the full story. See the ASX:MSV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitchell Services Business Description

Other Exchanges LB8:Germany
Address 112 Bluestone Circuit, Seventeen Mile Rocks, Brisbane, QLD, AUS, 4073
Mitchell Services Ltd provides drilling services to the global exploration, mining, and energy industries. Its services extend across three key drilling divisions namely exploration, mine services, and underground. It provides drilling solutions at all stages of the mining lifecycle in both the minerals and energy sectors. The group's services include grassroots exploration, project feasibility, construction, production, closure and remediation. The company generates the majority of its revenue from Surface drilling services.
55GF Score

Get the complete analysis for ASX:MSV

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.54
Price
A$0.32
GF Value