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TRX GoldTRX +0.94%50 EV-to-EBITDA is 11.86 as of Aug. 12, 2026, which is 17% above its 10-year median of 10.16. GuruFocus rates TRX with a GF Score™ of 50/100 and a GF Value™ of $1.22 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 697 Metals & Mining companies, TRX Gold ranks worse than 55.38% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TRX Gold's enterprise value is $361.5 Mil.
TRX Gold's EBITDA for the trailing twelve months (TTM) ended in May. 2026 was $30.5 Mil. Therefore, TRX Gold's EV-to-EBITDA for today is 11.86.
The historical rank and industry rank for TRX Gold's EV-to-EBITDA or its related term are showing as below:
TRX'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -110.45 Med: 10.16 Max: 33.06
Current: 11.86
During the past 13 years, the highest EV-to-EBITDA of TRX Gold was 33.06. The lowest was -110.45. And the median was 10.16.
TRX's EV-to-EBITDA is ranked worse than 55.38% of 697
companies
in the Metals & Mining industry
Industry Median: 10.53
vs TRX: 11.86
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.
TRX Gold's share price for today is $1.07.
TRX Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.060.
* 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 TRX 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.
For the Gold subindustry, TRX 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.
TRX Gold EV-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where TRX Gold's EV-to-EBITDA falls into.
TRX Gold's current Enterprise Value is $361.5 Mil.
TRX Gold's EBITDA for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $30.5 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.
TRX Gold (TRX) has a EV-to-EBITDA of 11.86 as of Aug. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on TRX Gold. This is 17% above median its historical median of 10.16. According to the industry distribution chart, TRX Gold ranks #386 out of 697 companies in the Metals & Mining industry, placing it in the top 55.4%.
Is TRX Gold's EV-to-EBITDA too high?
TRX Gold's current EV-to-EBITDA of 11.86 is 17% above median its 10-year median of 10.16. The Metals & Mining industry median EV-to-EBITDA is 10.53. TRX Gold's value of 11.86 is 12.6% above this industry median. Based on the distribution chart, TRX Gold ranks #386 out of 697 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, TRX Gold has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #386 out of 697 companies for EV-to-EBITDA. This places TRX Gold in the lower half of its industry. The industry median EV-to-EBITDA is 10.53. TRX Gold's value of 11.86 is 12.6% above this benchmark. While the company's 10-year median is 10.16 vs. the industry median of 10.53, TRX Gold has consistently been above 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 10.53, 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. TRX Gold's current EV-to-EBITDA of 11.86 is 12.6% above 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 TRX Gold. For the Metals & Mining industry, the median EV-to-EBITDA is 10.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current EV-to-EBITDA is 11.86, which is 17% above median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.22, compared to a current price of $1.07 — trading 12.3% below its estimated fair value. The current EV-to-EBITDA is 11.86, which is 17% above median its 10-year median of 10.16 and 12.6% above the Metals & Mining industry median of 10.53. TRX Gold's overall GF Score™ is 50/100 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 TRX Gold (TRX), the current EV-to-EBITDA is 11.86 as of Aug. 12, 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 TRX Gold (TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of $1.07 is trading 12.3% below its estimated GF Value™ of $1.22.
GuruFocus considers TRX Gold to be Modestly Undervalued.
Key valuation signals for TRX:
EV-to-EBITDA: 11.86 (17% above median its 10-year median of 10.16)
GF Value™: $1.22 vs. price of $1.07 (12.3% below fair value)
Industry Position: 12.6% above the Metals & Mining median (#386 of 697)
No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
50GF Score
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