Seabridge Gold (MEX:SAN) EV-to-EBITDA: -45.81 (As of Jul. 30, 2026)

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MEX:SAN Seabridge Gold Inc MEX:SAN
33 GF Score
Price MXN383.93
! 1 Warning Sign
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What is Seabridge Gold EV-to-EBITDA?

Seabridge Gold MEX:SAN 33 EV-to-EBITDA is -45.81 as of Jul. 30, 2026. GuruFocus rates MEX:SAN with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 690 Metals & Mining companies, Seabridge Gold ranks worse than 144927.39% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Seabridge Gold's enterprise value is MXN52,265.93 Mil. Seabridge Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-1,140.89 Mil. Therefore, Seabridge Gold's EV-to-EBITDA for today is -45.81.

The historical rank and industry rank for Seabridge Gold's EV-to-EBITDA or its related term are showing as below:

MEX:SAN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -48.32   Med: 0   Max: 0
Current: -48.32

MEX:SAN's EV-to-EBITDA is ranked worse than
100% of 690 companies
in the Metals & Mining industry
Industry Median: 9.875 vs MEX:SAN: -48.32

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.

As of today (2026-07-30), Seabridge Gold's stock price is MXN383.93022. Seabridge Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-9.145. Therefore, Seabridge Gold's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Seabridge Gold  (MEX:SAN) 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.

Seabridge Gold's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=383.93022/-9.145
=At Loss

Seabridge Gold's share price for today is MXN383.93022.
Seabridge Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-9.145.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Seabridge Gold EV-to-EBITDA Related Terms


Seabridge Gold EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Seabridge 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.

Seabridge Gold EV-to-EBITDA Chart

Seabridge Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 269.02 329.84 -54.17 -102.28 -72.09

Seabridge Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,143.70 -45.62 -86.59 -72.09 -51.31

MEX:SAN vs NEM, AU: EV-to-EBITDA Comparison

For the Gold subindustry, Seabridge 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.


Seabridge Gold EV-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Seabridge Gold's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Seabridge Gold's EV-to-EBITDA falls into.


MEX:SAN
33GF Score
Seabridge Gold Inc MEX:SAN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seabridge Gold EV-to-EBITDA Calculation

Seabridge Gold's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=52265.932/-1140.894
=-45.81

Seabridge Gold's current Enterprise Value is MXN52,265.93 Mil.
Seabridge Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-1,140.89 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -45.81 mean?
Seabridge Gold (MEX:SAN) has a EV-to-EBITDA of -45.81 as of Jul. 30, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Seabridge Gold. According to the industry distribution chart, Seabridge Gold ranks #999999 out of 690 companies in the Metals & Mining industry.
Is Seabridge Gold's EV-to-EBITDA too high?
Seabridge Gold's current EV-to-EBITDA is -45.81. Based on the distribution chart, Seabridge Gold ranks #999999 out of 690 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Seabridge Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Seabridge Gold's EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Seabridge Gold ranks #999999 out of 690 companies for EV-to-EBITDA. This places Seabridge Gold in the lower half of its industry. The industry median EV-to-EBITDA is 9.88. 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 9.88, based on 690 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 Seabridge Gold. For the Metals & Mining industry, the median EV-to-EBITDA is 9.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Seabridge Gold's current EV-to-EBITDA is -45.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seabridge Gold stock overvalued right now?
Seabridge Gold (MEX:SAN) has a current EV-to-EBITDA of -45.81. The current EV-to-EBITDA is -45.81. Seabridge Gold's overall GF Score™ is 33/100 with 1 warning sign 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 Seabridge Gold (MEX:SAN), the current EV-to-EBITDA is -45.81 as of Jul. 30, 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.

Seabridge Gold Business Description

Address 106 Front Street East, Suite 400, Toronto, ON, CAN, M5A 1E1
Seabridge Gold Inc is a development-stage company involved in the exploration and development of gold properties situated in North America. The company's principal projects include the Kerr-Sulphurets-Mitchell property located in British Columbia and the 3 Aces Project in southeast Yukon. The company has various other mineral resource projects throughout North America.
33GF Score

Get the complete analysis for MEX:SAN

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN383.93
Price