Syrah Resources (ASX:SYR) EV-to-EBITDA: -8.84 (As of Jul. 25, 2026)

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ASX:SYR Syrah Resources Ltd ASX:SYR
30 GF Score
Price A$0.11
GF Value A$0.17
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Syrah Resources EV-to-EBITDA?

Syrah Resources ASX:SYR -4.35% 30 EV-to-EBITDA is -8.84 as of Jul. 25, 2026. GuruFocus rates ASX:SYR with a GF Score™ of 30/100 and a GF Value™ of A$0.17 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 688 Metals & Mining companies, Syrah Resources ranks worse than 145348.69% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Syrah Resources's enterprise value is A$559.40 Mil. Syrah Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-63.30 Mil. Therefore, Syrah Resources's EV-to-EBITDA for today is -8.84.

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

ASX:SYR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -85.82   Med: -8.35   Max: -0.28
Current: -8.83

During the past 13 years, the highest EV-to-EBITDA of Syrah Resources was -0.28. The lowest was -85.82. And the median was -8.35.

ASX:SYR's EV-to-EBITDA is ranked worse than
100% of 688 companies
in the Metals & Mining industry
Industry Median: 10.05 vs ASX:SYR: -8.83

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 (2026-07-25), Syrah Resources's stock price is A$0.11. Syrah Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.123. Therefore, Syrah Resources'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).


Syrah Resources  (ASX:SYR) 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.

Syrah Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.11/-0.123
=At Loss

Syrah Resources's share price for today is A$0.11.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Syrah Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.123.

* 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?


Syrah Resources EV-to-EBITDA Related Terms


Syrah Resources EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Syrah Resources'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.

Syrah Resources EV-to-EBITDA Chart

Syrah Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.46 -76.78 -9.65 -4.10 -13.14

Syrah Resources 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 -9.65 0.00 -4.10 0.00 -13.14

Syrah Resources EV-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Syrah Resources'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.


Syrah Resources EV-to-EBITDA vs Metals & Mining Industry

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

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


ASX:SYR
30GF Score
Syrah Resources Ltd ASX:SYR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Syrah Resources EV-to-EBITDA Calculation

Syrah Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=559.398/-63.3
=-8.84

Syrah Resources's current Enterprise Value is A$559.40 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Syrah Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-63.30 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 -8.84 mean?
Syrah Resources (ASX:SYR) has a EV-to-EBITDA of -8.84 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Syrah Resources. According to the industry distribution chart, Syrah Resources ranks #999999 out of 688 companies in the Metals & Mining industry.
Is Syrah Resources' EV-to-EBITDA too high?
Syrah Resources' current EV-to-EBITDA is -8.84. Based on the distribution chart, Syrah Resources ranks #999999 out of 688 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Syrah Resources has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Syrah Resources' EV-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Syrah Resources ranks #999999 out of 688 companies for EV-to-EBITDA. This places Syrah Resources in the lower half of its industry. The industry median EV-to-EBITDA is 10.05. 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. 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 Syrah Resources. 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. Syrah Resources's current EV-to-EBITDA is -8.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Syrah Resources stock overvalued right now?
Based on GuruFocus' analysis, Syrah Resources (ASX:SYR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.17, compared to a current price of A$0.11 — trading 35.3% below its estimated fair value. The current EV-to-EBITDA is -8.84. Syrah Resources' overall GF Score™ is 30/100 with 8 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 Syrah Resources (ASX:SYR), the current EV-to-EBITDA is -8.84 as of Jul. 25, 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 Syrah Resources (ASX:SYR) Overvalued in 2026?

Based on GuruFocus' analysis, Syrah Resources stock appears to be undervalued. The current stock price of A$0.11 is trading 35.3% below its estimated GF Value™ of A$0.17. GuruFocus considers Syrah Resources to be Possible Value Trap.

Key valuation signals for ASX:SYR:

  • EV-to-EBITDA: -8.84
  • GF Value™: A$0.17 vs. price of A$0.11 (35.3% below fair value)
  • GF Score™: 30/100 with 8 warning signs

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


Syrah Resources Business Description

Address 477 Collins Street, Level 7, Melbourne, VIC, AUS, 3000
Syrah Resources Ltd is a vertically integrated graphite and battery anode material producer. It supplies products for battery and industrial applications. The company operates in three segments: i) Balama: Production, distribution and sale of natural graphite from the Balama Graphite Operation in Mozambique, ii) Vidalia: Production, qualification and sale of AAM from the Vidalia AAM facility, and Corporate: Corporate administration, treasury and investing activities. The majority of revenue is derived from the Balama segment. Geographically, the maximum revenue is derived from Asia (excluding China and India), and the rest from China, Europe, India, the Americas, and Other locations.
30GF Score

Get the complete analysis for ASX:SYR

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

A$0.11
Price
A$0.17
GF Value