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Eldorado GoldEGO +7.59%76 EV-to-EBITDA is 11.13 as of Aug. 19, 2026, which is 116% above its 10-year median of 5.15. GuruFocus rates EGO with a GF Score™ of 76/100 and a GF Value™ of $28.78 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 700 Metals & Mining companies, Eldorado Gold ranks worse than 51.29% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Eldorado Gold's enterprise value is $12,087 Mil.
Eldorado Gold's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,086 Mil. Therefore, Eldorado Gold's EV-to-EBITDA for today is 11.13.
The historical rank and industry rank for Eldorado Gold's EV-to-EBITDA or its related term are showing as below:
EGO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -38.82 Med: 5.15 Max: 18.48
Current: 11.13
During the past 13 years, the highest EV-to-EBITDA of Eldorado Gold was 18.48. The lowest was -38.82. And the median was 5.15.
EGO's EV-to-EBITDA is ranked worse than 51.29% of 700
companies
in the Metals & Mining industry
Industry Median: 10.115
vs EGO: 11.13
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.
Eldorado Gold's PE Ratio (TTM) for today is calculated as:
Eldorado Gold's share price for today is $41.65.
Eldorado Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.810.
* 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 Eldorado Gold'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 Gold subindustry, Eldorado Gold'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.
Eldorado Gold EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Eldorado Gold's EV-to-EBITDA falls into.
Eldorado Gold's current Enterprise Value is $12,087 Mil.
Eldorado Gold's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,086 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.
Eldorado Gold (EGO) has a EV-to-EBITDA of 11.13 as of Aug. 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 Eldorado Gold. This is 116% above median its historical median of 5.15. According to the industry distribution chart, Eldorado Gold ranks #359 out of 700 companies in the Metals & Mining industry, placing it in the top 51.3%.
Is Eldorado Gold's EV-to-EBITDA too high?
Eldorado Gold's current EV-to-EBITDA of 11.13 is 116% above median its 10-year median of 5.15. The Metals & Mining industry median EV-to-EBITDA is 10.12. Eldorado Gold's value of 11.13 is 10% above this industry median. Based on the distribution chart, Eldorado Gold ranks #359 out of 700 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Eldorado Gold has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eldorado Gold ranks #359 out of 700 companies for EV-to-EBITDA. This places Eldorado Gold in the lower half of its industry. The industry median EV-to-EBITDA is 10.12. Eldorado Gold's value of 11.13 is 10% above this benchmark. While the company's 10-year median is 5.15 vs. the industry median of 10.12, Eldorado Gold has consistently been above 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 10.12, based on 700 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. Eldorado Gold's current EV-to-EBITDA of 11.13 is 10% above 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 Eldorado Gold. For the Metals & Mining industry, the median EV-to-EBITDA is 10.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eldorado Gold's current EV-to-EBITDA is 11.13, which is 116% above median its own 10-year median of 5.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.78, compared to a current price of $41.65 — trading 44.7% above its estimated fair value. The current EV-to-EBITDA is 11.13, which is 116% above median its 10-year median of 5.15 and 10% above the Metals & Mining industry median of 10.12. Eldorado Gold's overall GF Score™ is 76/100 with 2 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 Eldorado Gold (EGO), the current EV-to-EBITDA is 11.13 as of Aug. 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 Eldorado Gold (EGO) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be overvalued.
The current stock price of $41.65 is trading 44.7% above its estimated GF Value™ of $28.78.
GuruFocus considers Eldorado Gold to be Significantly Overvalued.
Key valuation signals for EGO:
EV-to-EBITDA: 11.13 (116% above median its 10-year median of 5.15)
GF Value™: $28.78 vs. price of $41.65 (44.7% above fair value)
Industry Position: 10% above the Metals & Mining median (#359 of 700)
No single metric tells the full story. See the EGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
76GF Score
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