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True North CopperASX:TNC 28 EV-to-EBITDA is -11.26 as of Aug. 15, 2026. GuruFocus rates ASX:TNC with a GF Score™ of 28/100. The stock has 6 warning signs investors should review. Among 696 Metals & Mining companies, True North Copper ranks worse than 143678.02% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, True North Copper's enterprise value is A$77.12 Mil.
True North Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.85 Mil. Therefore, True North Copper's EV-to-EBITDA for today is -11.26.
The historical rank and industry rank for True North Copper's EV-to-EBITDA or its related term are showing as below:
ASX:TNC'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -11.94 Med: -0.78 Max: -0.17
Current: -11.27
During the past 6 years, the highest EV-to-EBITDA of True North Copper was -0.17. The lowest was -11.94. And the median was -0.78.
ASX:TNC's EV-to-EBITDA is ranked worse than 100% of 696
companies
in the Metals & Mining industry
Industry Median: 10.37
vs ASX:TNC: -11.27
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.
True North Copper (ASX:TNC) 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.
True North Copper's PE Ratio (TTM) for today is calculated as:
True North Copper's share price for today is A$0.43.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True North Copper's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.054.
* 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 True North Copper'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 Copper subindustry, True North Copper'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.
True North Copper EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, True North Copper's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where True North Copper's EV-to-EBITDA falls into.
True North Copper's current Enterprise Value is A$77.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. True North Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.85 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.
True North Copper (ASX:TNC) has a EV-to-EBITDA of -11.26 as of Aug. 15, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on True North Copper. According to the industry distribution chart, True North Copper ranks #999999 out of 696 companies in the Metals & Mining industry.
Is True North Copper's EV-to-EBITDA too high?
True North Copper's current EV-to-EBITDA is -11.26. Based on the distribution chart, True North Copper ranks #999999 out of 696 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, True North Copper has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does True North Copper's EV-to-EBITDA compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, True North Copper ranks #999999 out of 696 companies for EV-to-EBITDA. This places True North Copper in the lower half of its industry. The industry median EV-to-EBITDA is 10.37. 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 10.37, based on 696 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 True North Copper. For the Metals & Mining industry, the median EV-to-EBITDA is 10.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. True North Copper's current EV-to-EBITDA is -11.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True North Copper stock overvalued right now?
True North Copper (ASX:TNC) has a current EV-to-EBITDA of -11.26. The current EV-to-EBITDA is -11.26. True North Copper's overall GF Score™ is 28/100 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 True North Copper (ASX:TNC), the current EV-to-EBITDA is -11.26 as of Aug. 15, 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.
True North Copper Ltd is an active mineral exploration company focused on land holdings in North and Central Queensland. It holds exploration tenements for copper, cobalt, gold, and silver, along with a free carried interest in three New South Wales copper-gold porphyry tenements. The company's main projects are the Cloncurry Copper Project, which targets IOCG and copper-gold deposits for open-pit mining, and the Mt Oxide Project, known for its high-grade copper, cobalt, and silver deposit. Its primary revenue comes from the sale of copper sulphate pentahydrate.
28GF Score
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