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First Quantum MineralsFQVLF +4.79%67 EV-to-EBITDA is 16.59 as of Aug. 07, 2026, which is 50% above its 10-year median of 11.03. GuruFocus rates FQVLF with a GF Score™ of 67/100 and a GF Value™ of $16.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 697 Metals & Mining companies, First Quantum Minerals ranks worse than 64.85% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Quantum Minerals's enterprise value is $31,878 Mil.
First Quantum Minerals's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $1,921 Mil. Therefore, First Quantum Minerals's EV-to-EBITDA for today is 16.59.
The historical rank and industry rank for First Quantum Minerals's EV-to-EBITDA or its related term are showing as below:
FQVLF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.26 Med: 11.03 Max: 95.03
Current: 16.59
During the past 13 years, the highest EV-to-EBITDA of First Quantum Minerals was 95.03. The lowest was 4.26. And the median was 11.03.
FQVLF's EV-to-EBITDA is ranked worse than 64.85% of 697
companies
in the Metals & Mining industry
Industry Median: 10.59
vs FQVLF: 16.59
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.
First Quantum Minerals (OTCPK:FQVLF) 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.
First Quantum Minerals's PE Ratio (TTM) for today is calculated as:
First Quantum Minerals's share price for today is $31.31.
First Quantum Minerals'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 $-0.110.
* 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).
* 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, First Quantum Minerals'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.
First Quantum Minerals EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, First Quantum Minerals's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where First Quantum Minerals's EV-to-EBITDA falls into.
First Quantum Minerals's current Enterprise Value is $31,878 Mil.
First Quantum Minerals'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 $1,921 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.
First Quantum Minerals (FQVLF) has a EV-to-EBITDA of 16.59 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Quantum Minerals. This is 50% above median its historical median of 11.03. Over the past decade, First Quantum Minerals' EV-to-EBITDA has ranged from 4.26 to 95.03. According to the industry distribution chart, First Quantum Minerals ranks #452 out of 697 companies in the Metals & Mining industry, placing it in the top 64.8%.
Is First Quantum Minerals' EV-to-EBITDA too high?
First Quantum Minerals' current EV-to-EBITDA of 16.59 is 50% above median its 10-year median of 11.03. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 95.03. The Metals & Mining industry median EV-to-EBITDA is 10.59. First Quantum Minerals' value of 16.59 is 56.7% above this industry median. Based on the distribution chart, First Quantum Minerals ranks #452 out of 697 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, First Quantum Minerals has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Quantum Minerals' EV-to-EBITDA compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, First Quantum Minerals ranks #452 out of 697 companies for EV-to-EBITDA. This places First Quantum Minerals in the lower half of its industry. The industry median EV-to-EBITDA is 10.59. First Quantum Minerals' value of 16.59 is 56.7% above this benchmark. Historically, First Quantum Minerals' own EV-to-EBITDA has ranged from 4.26 to 95.03 over the past decade. While the company's 10-year median is 11.03 vs. the industry median of 10.59, First Quantum Minerals 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 10.59, based on 697 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. First Quantum Minerals's current EV-to-EBITDA of 16.59 is 56.7% 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 First Quantum Minerals. For the Metals & Mining industry, the median EV-to-EBITDA is 10.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Quantum Minerals's current EV-to-EBITDA is 16.59, which is 50% above median its own 10-year median of 11.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Quantum Minerals stock overvalued right now?
Based on GuruFocus' analysis, First Quantum Minerals (FQVLF) is currently considered Significantly Overvalued. The stock's GF Value™ is $16.53, compared to a current price of $31.31 — trading 89.4% above its estimated fair value. The current EV-to-EBITDA is 16.59, which is 50% above median its 10-year median of 11.03 and 56.7% above the Metals & Mining industry median of 10.59. First Quantum Minerals' overall GF Score™ is 67/100 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 First Quantum Minerals (FQVLF), the current EV-to-EBITDA is 16.59 as of Aug. 07, 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 First Quantum Minerals (FQVLF) Overvalued in 2026?
Based on GuruFocus' analysis, First Quantum Minerals stock appears to be overvalued.
The current stock price of $31.31 is trading 89.4% above its estimated GF Value™ of $16.53.
GuruFocus considers First Quantum Minerals to be Significantly Overvalued.
Key valuation signals for FQVLF:
EV-to-EBITDA: 16.59 (50% above median its 10-year median of 11.03)
GF Value™: $16.53 vs. price of $31.31 (89.4% above fair value)
Industry Position: 56.7% above the Metals & Mining median (#452 of 697)
No single metric tells the full story. See the FQVLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
First Quantum Minerals Ltd is a diversified mining company. The company's principal activities include mineral exploration, mine engineering and construction, and development and mining operations. The firm produces copper in concentrate, copper anode, copper cathode, nickel, gold, zinc, silver, acid, and pyrite. It has operating mines located in Zambia, Panama, Turkey, Spain, Australia, and Mauritania. The company's reportable operating segments are Cobre Panama, Kansanshi, and Trident.
67GF Score
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