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Lundin MiningLUNMF +0.84%69 EV-to-EBITDA is 9.91 as of Aug. 16, 2026, which is 40% above its 10-year median of 7.08. GuruFocus rates LUNMF with a GF Score™ of 69/100 and a GF Value™ of $13.87 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 697 Metals & Mining companies, Lundin Mining ranks better than 50.93% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Lundin Mining's enterprise value is $22,980 Mil.
Lundin Mining's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $2,319 Mil. Therefore, Lundin Mining's EV-to-EBITDA for today is 9.91.
The historical rank and industry rank for Lundin Mining's EV-to-EBITDA or its related term are showing as below:
LUNMF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.33 Med: 7.08 Max: 47.65
Current: 9.96
During the past 13 years, the highest EV-to-EBITDA of Lundin Mining was 47.65. The lowest was 2.33. And the median was 7.08.
LUNMF's EV-to-EBITDA is ranked better than 50.93% of 697
companies
in the Metals & Mining industry
Industry Median: 10.33
vs LUNMF: 9.96
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.
Lundin Mining's PE Ratio (TTM) for today is calculated as:
Lundin Mining's share price for today is $25.29.
Lundin Mining'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 $1.750.
* 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 Lundin Mining'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, Lundin Mining'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.
Lundin Mining EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lundin Mining's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Lundin Mining's EV-to-EBITDA falls into.
Lundin Mining's current Enterprise Value is $22,980 Mil.
Lundin Mining'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 $2,319 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.
Lundin Mining (LUNMF) has a EV-to-EBITDA of 9.91 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Lundin Mining. This is 40% above median its historical median of 7.08. Over the past decade, Lundin Mining's EV-to-EBITDA has ranged from 2.33 to 47.65. According to the industry distribution chart, Lundin Mining ranks #342 out of 697 companies in the Metals & Mining industry, placing it in the top 49.1%.
Is Lundin Mining's EV-to-EBITDA too high?
Lundin Mining's current EV-to-EBITDA of 9.91 is 40% above median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 47.65. The Metals & Mining industry median EV-to-EBITDA is 10.33. Lundin Mining's value of 9.91 is 4.1% below this industry median. Based on the distribution chart, Lundin Mining ranks #342 out of 697 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lundin Mining has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Lundin Mining's EV-to-EBITDA compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Lundin Mining ranks #342 out of 697 companies for EV-to-EBITDA. This puts Lundin Mining in the upper half of its industry. The industry median EV-to-EBITDA is 10.33. Lundin Mining's value of 9.91 is 4.1% below this benchmark. Historically, Lundin Mining's own EV-to-EBITDA has ranged from 2.33 to 47.65 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 10.33, Lundin Mining 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 10.33, 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. Lundin Mining's current EV-to-EBITDA of 9.91 is 4.1% 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 Lundin Mining. For the Metals & Mining industry, the median EV-to-EBITDA is 10.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lundin Mining's current EV-to-EBITDA is 9.91, which is 40% above median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lundin Mining stock overvalued right now?
Based on GuruFocus' analysis, Lundin Mining (LUNMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.87, compared to a current price of $25.29 — trading 82.3% above its estimated fair value. The current EV-to-EBITDA is 9.91, which is 40% above median its 10-year median of 7.08 and 4.1% below the Metals & Mining industry median of 10.33. Lundin Mining's overall GF Score™ is 69/100 with 3 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 Lundin Mining (LUNMF), the current EV-to-EBITDA is 9.91 as of Aug. 16, 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 Lundin Mining (LUNMF) Overvalued in 2026?
Based on GuruFocus' analysis, Lundin Mining stock appears to be overvalued.
The current stock price of $25.29 is trading 82.3% above its estimated GF Value™ of $13.87.
GuruFocus considers Lundin Mining to be Significantly Overvalued.
Key valuation signals for LUNMF:
EV-to-EBITDA: 9.91 (40% above median its 10-year median of 7.08)
GF Value™: $13.87 vs. price of $25.29 (82.3% above fair value)
Industry Position: 4.1% below the Metals & Mining median (#342 of 697)
No single metric tells the full story. See the LUNMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lundin Mining Corp is adiversified Canadian base metals mining company primarily producing copper and gold with operations in Brazil, Chile, Portugal, Sweden, and the United States of America, producing copper, zinc, gold, and nickel. Its material mineral properties include Candelaria, Chapada, and Caserones. The majority of the revenue is from Copper.
69GF Score
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