Canada Nickel Co (TSXV:CNC) EV-to-EBITDA: -24.53 (As of Sep. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:CNC Canada Nickel Co Inc TSXV:CNC
30 GF Score
Price C$1.41
! 2 Warning Signs
View Full Analysis

What is Canada Nickel Co EV-to-EBITDA?

Canada Nickel Co TSXV:CNC -0.70% 30 EV-to-EBITDA is -24.53 as of Sep. 14, 2026. GuruFocus rates TSXV:CNC with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 701 Metals & Mining companies, Canada Nickel Co ranks worse than 142653.21% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Canada Nickel Co's enterprise value is C$390.07 Mil. Canada Nickel Co's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was C$-15.90 Mil. Therefore, Canada Nickel Co's EV-to-EBITDA for today is -24.53.

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

TSXV:CNC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -24.53   Med: 0   Max: 0
Current: -24.53

TSXV:CNC's EV-to-EBITDA is ranked worse than
100% of 701 companies
in the Metals & Mining industry
Industry Median: 9.56 vs TSXV:CNC: -24.53

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 (2026-09-14), Canada Nickel Co's stock price is C$1.41. Canada Nickel Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was C$-0.100. Therefore, Canada Nickel Co'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).


Canada Nickel Co  (TSXV:CNC) 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.

Canada Nickel Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.41/-0.100
=At Loss

Canada Nickel Co's share price for today is C$1.41.
Canada Nickel Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.100.

* 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?


Canada Nickel Co EV-to-EBITDA Related Terms


Canada Nickel Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Canada Nickel Co'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.

Canada Nickel Co EV-to-EBITDA Chart

Canada Nickel Co Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBITDA
Get a 7-Day Free Trial -39.94 -67.85 -17.07 -98.88 -23.69

Canada Nickel Co Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -92.84 -38.89 -23.69 -33.38 -30.10

Canada Nickel Co EV-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Canada Nickel Co'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.


Canada Nickel Co EV-to-EBITDA vs Metals & Mining Industry

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

* The bar in red indicates where Canada Nickel Co's EV-to-EBITDA falls into.


TSXV:CNC
30GF Score
Canada Nickel Co Inc TSXV:CNC
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Canada Nickel Co EV-to-EBITDA Calculation

Canada Nickel Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=390.074/-15.904
=-24.53

Canada Nickel Co's current Enterprise Value is C$390.07 Mil.
Canada Nickel Co's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-15.90 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 -24.53 mean?
Canada Nickel Co (TSXV:CNC) has a EV-to-EBITDA of -24.53 as of Sep. 14, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Canada Nickel Co. According to the industry distribution chart, Canada Nickel Co ranks #999999 out of 701 companies in the Metals & Mining industry.
Is Canada Nickel Co's EV-to-EBITDA too high?
Canada Nickel Co's current EV-to-EBITDA is -24.53. Based on the distribution chart, Canada Nickel Co ranks #999999 out of 701 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Canada Nickel Co has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Canada Nickel Co's EV-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Canada Nickel Co ranks #999999 out of 701 companies for EV-to-EBITDA. This places Canada Nickel Co in the lower half of its industry. The industry median EV-to-EBITDA is 9.56. 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 9.56, based on 701 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 Canada Nickel Co. For the Metals & Mining industry, the median EV-to-EBITDA is 9.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canada Nickel Co's current EV-to-EBITDA is -24.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canada Nickel Co stock overvalued right now?
Canada Nickel Co (TSXV:CNC) has a current EV-to-EBITDA of -24.53. The current EV-to-EBITDA is -24.53. Canada Nickel Co's overall GF Score™ is 30/100 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 Canada Nickel Co (TSXV:CNC), the current EV-to-EBITDA is -24.53 as of Sep. 14, 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.

Canada Nickel Co Business Description

Other Exchanges CNIKF:USA4E0:Germany
Address 130 King Street West, Suite 1900, Toronto, ON, CAN, M5X1E3
Canada Nickel Co Inc is advancing the next generation of nickel-cobalt sulphide projects to deliver nickel and cobalt required to feed the high growth electric vehicle and stainless steel markets. The company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net zero carbon nickel, cobalt, and iron products. Canada Nickel provides investors with leverage to nickel and cobalt in low political risk jurisdictions.
30GF Score

Get the complete analysis for TSXV:CNC

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

C$1.41
Price