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Merafe ResourcesMERFF 64 EV-to-EBITDA is 4.57 as of Jul. 29, 2026, which is 344% above its 10-year median of 1.03. GuruFocus rates MERFF with a GF Score™ of 64/100 and a GF Value™ of $0.17. The stock has 8 warning signs investors should review. Among 688 Metals & Mining companies, Merafe Resources ranks better than 79.8% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Merafe Resources's enterprise value is $100.0 Mil.
Merafe Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $21.9 Mil. Therefore, Merafe Resources's EV-to-EBITDA for today is 4.57.
The historical rank and industry rank for Merafe Resources's EV-to-EBITDA or its related term are showing as below:
MERFF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -2.22 Med: 1.03 Max: 5.43
Current: 3.97
During the past 13 years, the highest EV-to-EBITDA of Merafe Resources was 5.43. The lowest was -2.22. And the median was 1.03.
MERFF's EV-to-EBITDA is ranked better than 79.8% of 688
companies
in the Metals & Mining industry
Industry Median: 9.975
vs MERFF: 3.97
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.
Merafe Resources's PE Ratio (TTM) for today is calculated as:
Merafe Resources's share price for today is $0.2177.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merafe Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.003.
* 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 Merafe 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.
For the Other Industrial Metals & Mining subindustry, Merafe 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.
Merafe Resources EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Merafe Resources's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Merafe Resources's EV-to-EBITDA falls into.
Merafe Resources's current Enterprise Value is $100.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merafe Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $21.9 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.
Merafe Resources (MERFF) has a EV-to-EBITDA of 4.57 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Merafe Resources. This is 344% above median its historical median of 1.03. According to the industry distribution chart, Merafe Resources ranks #139 out of 688 companies in the Metals & Mining industry, placing it in the top 20.2%.
Is Merafe Resources' EV-to-EBITDA too high?
Merafe Resources' current EV-to-EBITDA of 4.57 is 344% above median its 10-year median of 1.03. The Metals & Mining industry median EV-to-EBITDA is 9.98. Merafe Resources' value of 4.57 is 54.2% below this industry median. Based on the distribution chart, Merafe Resources ranks #139 out of 688 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Merafe Resources has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Merafe Resources' EV-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Merafe Resources ranks #139 out of 688 companies for EV-to-EBITDA. This places Merafe Resources in the top 20% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.98. Merafe Resources' value of 4.57 is 54.2% below this benchmark. While the company's 10-year median is 1.03 vs. the industry median of 9.98, Merafe Resources 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 9.98, 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. Merafe Resources's current EV-to-EBITDA of 4.57 is 54.2% 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 Merafe Resources. For the Metals & Mining industry, the median EV-to-EBITDA is 9.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merafe Resources's current EV-to-EBITDA is 4.57, which is 344% above median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merafe Resources stock overvalued right now?
Merafe Resources (MERFF) has a current EV-to-EBITDA of 4.57. The stock's GF Value™ is $0.17, compared to a current price of $0.22 — trading 28.1% above its estimated fair value. The current EV-to-EBITDA is 4.57, which is 344% above median its 10-year median of 1.03 and 54.2% below the Metals & Mining industry median of 9.98. Merafe Resources' overall GF Score™ is 64/100 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 Merafe Resources (MERFF), the current EV-to-EBITDA is 4.57 as of Jul. 29, 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 Merafe Resources (MERFF) Overvalued in 2026?
Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued.
The current stock price of $0.22 is trading 28.1% above its estimated GF Value™ of $0.17.
Key valuation signals for MERFF:
EV-to-EBITDA: 4.57 (344% above median its 10-year median of 1.03)
GF Value™: $0.17 vs. price of $0.22 (28.1% above fair value)
Industry Position: 54.2% below the Metals & Mining median (#139 of 688)
No single metric tells the full story. See the MERFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.
64GF Score
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