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NextSource MaterialsNSRCF -0.55%23 EV-to-EBITDA is -2.47 as of Aug. 04, 2026. GuruFocus rates NSRCF with a GF Score™ of 23/100. The stock has 7 warning signs investors should review. Among 693 Metals & Mining companies, NextSource Materials ranks worse than 144300% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NextSource Materials's enterprise value is $73.95 Mil.
NextSource Materials's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-29.94 Mil. Therefore, NextSource Materials's EV-to-EBITDA for today is -2.47.
The historical rank and industry rank for NextSource Materials's EV-to-EBITDA or its related term are showing as below:
NSRCF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -6.13 Med: -3.45 Max: -2.05
Current: -2.47
During the past 13 years, the highest EV-to-EBITDA of NextSource Materials was -2.05. The lowest was -6.13. And the median was -3.45.
NSRCF's EV-to-EBITDA is ranked worse than 100% of 693
companies
in the Metals & Mining industry
Industry Median: 10.13
vs NSRCF: -2.47
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.
NextSource Materials's PE Ratio (TTM) for today is calculated as:
NextSource Materials's share price for today is $0.19891.
NextSource Materials'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 $-0.200.
* 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 NextSource Materials'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, NextSource Materials'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.
NextSource Materials EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NextSource Materials's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NextSource Materials's EV-to-EBITDA falls into.
NextSource Materials's current Enterprise Value is $73.95 Mil.
NextSource Materials'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 $-29.94 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.
NextSource Materials (NSRCF) has a EV-to-EBITDA of -2.47 as of Aug. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NextSource Materials. According to the industry distribution chart, NextSource Materials ranks #999999 out of 693 companies in the Metals & Mining industry.
Is NextSource Materials' EV-to-EBITDA too high?
NextSource Materials' current EV-to-EBITDA is -2.47. Based on the distribution chart, NextSource Materials ranks #999999 out of 693 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, NextSource Materials has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does NextSource Materials' EV-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, NextSource Materials ranks #999999 out of 693 companies for EV-to-EBITDA. This places NextSource Materials in the lower half of its industry. The industry median EV-to-EBITDA is 10.13. 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 10.13, based on 693 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 NextSource Materials. For the Metals & Mining industry, the median EV-to-EBITDA is 10.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NextSource Materials's current EV-to-EBITDA is -2.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NextSource Materials stock overvalued right now?
NextSource Materials (NSRCF) has a current EV-to-EBITDA of -2.47. The current EV-to-EBITDA is -2.47. NextSource Materials' overall GF Score™ is 23/100 with 7 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 NextSource Materials (NSRCF), the current EV-to-EBITDA is -2.47 as of Aug. 04, 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.
NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The Company has two operating segments, consisting of mine development and BAF development. No commercial revenues have been generated by the Companys' segments. The company's Molo graphite project in Madagascar is one of the widely known and highest-quality graphite deposits globally and contains SuperFlake graphite. It also holds an interest in Green Giant Vanadium Project. Maximum of revenue is earned from Canada, followed by Madagascar, and Mauritius.
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