OR Royalties (TSX:OR) EV-to-EBITDA: 16.16 (As of Jul. 24, 2026) — 20% Below Median

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TSX:OR OR Royalties Inc TSX:OR
92 GF Score
Price C$40.90
GF Value C$53.78
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is OR Royalties EV-to-EBITDA?

OR Royalties TSX:OR -1.47% 92 EV-to-EBITDA is 16.16 as of Jul. 24, 2026, which is 20% below its 10-year median of 20.10. GuruFocus rates TSX:OR with a GF Score™ of 92/100 and a GF Value™ of C$53.78 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 688 Metals & Mining companies, OR Royalties ranks worse than 67.44% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, OR Royalties's enterprise value is C$7,541.4 Mil. OR Royalties's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$466.7 Mil. Therefore, OR Royalties's EV-to-EBITDA for today is 16.16.

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

TSX:OR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -645.65   Med: 20.1   Max: 357.27
Current: 16.16

During the past 13 years, the highest EV-to-EBITDA of OR Royalties was 357.27. The lowest was -645.65. And the median was 20.10.

TSX:OR's EV-to-EBITDA is ranked worse than
67.44% of 688 companies
in the Metals & Mining industry
Industry Median: 10.05 vs TSX:OR: 16.16

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 (2026-07-24), OR Royalties's stock price is C$40.90. OR Royalties's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$1.859. Therefore, OR Royalties's PE Ratio (TTM) for today is 22.00.

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


OR Royalties  (TSX:OR) 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.

OR Royalties's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=40.90/1.859
=22.00

OR Royalties's share price for today is C$40.90.
OR Royalties'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 C$1.859.

* 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?


OR Royalties EV-to-EBITDA Related Terms


OR Royalties EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for OR Royalties'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.

OR Royalties EV-to-EBITDA Chart

OR Royalties 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 17.11 16.32 92.99 48.14 22.84

OR Royalties 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 46.68 32.05 33.61 22.84 21.01

TSX:OR vs NEM, AU: EV-to-EBITDA Comparison

For the Gold subindustry, OR Royalties'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.


OR Royalties EV-to-EBITDA vs Metals & Mining Industry

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

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


TSX:OR
92GF Score
OR Royalties Inc TSX:OR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

OR Royalties EV-to-EBITDA Calculation

OR Royalties's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7541.373/466.689
=16.16

OR Royalties's current Enterprise Value is C$7,541.4 Mil.
OR Royalties'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 C$466.7 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 16.16 mean?
OR Royalties (TSX:OR) has a EV-to-EBITDA of 16.16 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on OR Royalties. This is 20% below median its historical median of 20.10. According to the industry distribution chart, OR Royalties ranks #464 out of 688 companies in the Metals & Mining industry, placing it in the top 67.4%.
Is OR Royalties' EV-to-EBITDA too high?
OR Royalties' current EV-to-EBITDA of 16.16 is 20% below median its 10-year median of 20.10. The Metals & Mining industry median EV-to-EBITDA is 10.05. OR Royalties' value of 16.16 is 60.8% above this industry median. Based on the distribution chart, OR Royalties ranks #464 out of 688 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, OR Royalties has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does OR Royalties' EV-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, OR Royalties ranks #464 out of 688 companies for EV-to-EBITDA. This places OR Royalties in the lower half of its industry. The industry median EV-to-EBITDA is 10.05. OR Royalties' value of 16.16 is 60.8% above this benchmark. While the company's 10-year median is 20.10 vs. the industry median of 10.05, OR Royalties 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 10.05, 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. OR Royalties's current EV-to-EBITDA of 16.16 is 60.8% 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 OR Royalties. For the Metals & Mining industry, the median EV-to-EBITDA is 10.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OR Royalties's current EV-to-EBITDA is 16.16, which is 20% below median its own 10-year median of 20.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OR Royalties stock overvalued right now?
Based on GuruFocus' analysis, OR Royalties (TSX:OR) is currently considered Modestly Undervalued. The stock's GF Value™ is C$53.78, compared to a current price of C$40.90 — trading 23.9% below its estimated fair value. The current EV-to-EBITDA is 16.16, which is 20% below median its 10-year median of 20.10 and 60.8% above the Metals & Mining industry median of 10.05. OR Royalties' overall GF Score™ is 92/100 with 2 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 OR Royalties (TSX:OR), the current EV-to-EBITDA is 16.16 as of Jul. 24, 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 OR Royalties (TSX:OR) Overvalued in 2026?

Based on GuruFocus' analysis, OR Royalties stock appears to be undervalued. The current stock price of C$40.90 is trading 23.9% below its estimated GF Value™ of C$53.78. GuruFocus considers OR Royalties to be Modestly Undervalued.

Key valuation signals for TSX:OR:

  • EV-to-EBITDA: 16.16 (20% below median its 10-year median of 20.10)
  • GF Value™: C$53.78 vs. price of C$40.90 (23.9% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 60.8% above the Metals & Mining median (#464 of 688)

No single metric tells the full story. See the TSX:OR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


OR Royalties Business Description

Other Exchanges OR:USA0VBE:UKOM40:Germany
Address 1100, Avenue des Canadiens-de-Montreal, Suite 300, P.O. Box 211, Montreal, QC, CAN, H3B 2S2
OR Royalties Inc is engaged in the business of acquiring and managing precious metal and other high-quality royalties, streams and similar interests. The Company owns a portfolio of royalties, streams, offtakes, options on royalty/stream financings and exclusive rights to participate in future royalty/stream financings on various projects. Geographically, it generates majority of its income from North America and also generates some portions of income from South America, Australia, Africa and Europe.
92GF Score

Get the complete analysis for TSX:OR

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

C$40.90
Price
C$53.78
GF Value