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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Africa Resources AB's enterprise value is kr12.09 Mil.
Africa Resources AB's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was kr-1.26 Mil. Therefore, Africa Resources AB's EV-to-EBITDA for today is -9.63.
The historical rank and industry rank for Africa Resources AB's EV-to-EBITDA or its related term are showing as below:
NGM:AFRI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -42.84 Med: -11.06 Max: -4.31
Current: -9.63
During the past 9 years, the highest EV-to-EBITDA of Africa Resources AB was -4.31. The lowest was -42.84. And the median was -11.06.
NGM:AFRI's EV-to-EBITDA is ranked worse than 100% of 686
companies
in the Metals & Mining industry
Industry Median: 9.54
vs NGM:AFRI: -9.63
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.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Africa Resources AB (NGM:AFRI) 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.
Africa Resources AB's PE Ratio (TTM) for today is calculated as:
Africa Resources AB's share price for today is kr0.143.
Africa Resources AB'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 kr-0.114.
* 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 Africa Resources AB'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 Precious Metals & Mining subindustry, Africa Resources AB'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.
Africa Resources AB EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Africa Resources AB's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Africa Resources AB's EV-to-EBITDA falls into.
Africa Resources AB's current Enterprise Value is kr12.09 Mil.
Africa Resources AB'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 kr-1.26 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.
Africa Resources AB (NGM:AFRI) has a EV-to-EBITDA of -9.63 as of Jul. 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 Africa Resources AB. According to the industry distribution chart, Africa Resources AB ranks #999999 out of 686 companies in the Metals & Mining industry.
Is Africa Resources AB's EV-to-EBITDA too high?
Africa Resources AB's current EV-to-EBITDA is -9.63. Based on the distribution chart, Africa Resources AB ranks #999999 out of 686 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Africa Resources AB has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Africa Resources AB's EV-to-EBITDA compare to HL and SIND?
According to the Metals & Mining industry distribution chart, Africa Resources AB ranks #999999 out of 686 companies for EV-to-EBITDA. This places Africa Resources AB in the lower half of its industry. The industry median EV-to-EBITDA is 9.54. 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 9.54, based on 686 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 Africa Resources AB. For the Metals & Mining industry, the median EV-to-EBITDA is 9.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Resources AB's current EV-to-EBITDA is -9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Resources AB stock overvalued right now?
Based on GuruFocus' analysis, Africa Resources AB (NGM:AFRI) is currently considered Possible Value Trap. The stock's GF Value™ is kr0.57, compared to a current price of kr0.14 — trading 74.9% below its estimated fair value. The current EV-to-EBITDA is -9.63. Africa Resources AB's overall GF Score™ is 28/100 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 Africa Resources AB (NGM:AFRI), the current EV-to-EBITDA is -9.63 as of Jul. 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 Africa Resources AB (NGM:AFRI) Overvalued in 2026?
Based on GuruFocus' analysis, Africa Resources AB stock appears to be undervalued.
The current stock price of kr0.14 is trading 74.9% below its estimated GF Value™ of kr0.57.
GuruFocus considers Africa Resources AB to be Possible Value Trap.
Key valuation signals for NGM:AFRI:
EV-to-EBITDA: -9.63
GF Value™: kr0.57 vs. price of kr0.14 (74.9% below fair value)
No single metric tells the full story. See the NGM:AFRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Africa Resources AB is engaged in exploration and extraction of minerals in Africa. The company is developing projects based on collaborations with local expertise and partners.
28GF Score
Get the complete analysis for NGM:AFRI
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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