Fiddlehead Resources (TSXV:FHR) EV-to-EBITDA: 23.97 (As of Aug. 29, 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:FHR Fiddlehead Resources Corp TSXV:FHR
6 GF Score
Price C$0.12
! 6 Warning Signs
View Full Analysis

What is Fiddlehead Resources EV-to-EBITDA?

Fiddlehead Resources TSXV:FHR -11.54% 6 EV-to-EBITDA is 23.97 as of Aug. 29, 2026. GuruFocus rates TSXV:FHR with a GF Score™ of 6/100. The stock has 6 warning signs investors should review. Among 771 Oil & Gas companies, Fiddlehead Resources ranks worse than 90.66% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fiddlehead Resources's enterprise value is C$20.30 Mil. Fiddlehead Resources's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$0.85 Mil. Therefore, Fiddlehead Resources's EV-to-EBITDA for today is 23.97.

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

TSXV:FHR' s EV-to-EBITDA Range Over the Past 10 Years
Min: -31.09   Med: -9.4   Max: 35.15
Current: 23.97

During the past 6 years, the highest EV-to-EBITDA of Fiddlehead Resources was 35.15. The lowest was -31.09. And the median was -9.40.

TSXV:FHR's EV-to-EBITDA is ranked worse than
90.66% of 771 companies
in the Oil & Gas industry
Industry Median: 7.48 vs TSXV:FHR: 23.97

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 (2026-08-29), Fiddlehead Resources's stock price is C$0.115. Fiddlehead Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.080. Therefore, Fiddlehead Resources'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).


Fiddlehead Resources  (TSXV:FHR) 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.

Fiddlehead Resources's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.115/-0.080
=At Loss

Fiddlehead Resources's share price for today is C$0.115.
Fiddlehead Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.080.

* 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?


Fiddlehead Resources EV-to-EBITDA Related Terms


Fiddlehead Resources EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Fiddlehead Resources'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.

Fiddlehead Resources EV-to-EBITDA Chart

Fiddlehead Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 0.00 -10.83 -31.61

Fiddlehead Resources 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 -8.71 -23.92 35.28 -31.61 19.76

TSXV:FHR vs COP, EOG, FANG: EV-to-EBITDA Comparison

For the Oil & Gas E&P subindustry, Fiddlehead Resources'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.


Fiddlehead Resources EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Fiddlehead Resources's EV-to-EBITDA distribution charts can be found below:

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


TSXV:FHR
6GF Score
Fiddlehead Resources Corp TSXV:FHR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fiddlehead Resources EV-to-EBITDA Calculation

Fiddlehead Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=20.304/0.847
=23.97

Fiddlehead Resources's current Enterprise Value is C$20.30 Mil.
Fiddlehead Resources'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$0.85 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 23.97 mean?
Fiddlehead Resources (TSXV:FHR) has a EV-to-EBITDA of 23.97 as of Aug. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Fiddlehead Resources. According to the industry distribution chart, Fiddlehead Resources ranks #699 out of 771 companies in the Oil & Gas industry, placing it in the top 90.7%.
Is Fiddlehead Resources' EV-to-EBITDA too high?
Fiddlehead Resources' current EV-to-EBITDA is 23.97. The Oil & Gas industry median EV-to-EBITDA is 7.48. Fiddlehead Resources' value of 23.97 is 220.5% above this industry median. Based on the distribution chart, Fiddlehead Resources ranks #699 out of 771 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Fiddlehead Resources has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Fiddlehead Resources' EV-to-EBITDA compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Fiddlehead Resources ranks #699 out of 771 companies for EV-to-EBITDA. This places Fiddlehead Resources in the lower half of its industry. The industry median EV-to-EBITDA is 7.48. Fiddlehead Resources' value of 23.97 is 220.5% above this benchmark. 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 an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.48, based on 771 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. Fiddlehead Resources's current EV-to-EBITDA of 23.97 is 220.5% 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 Fiddlehead Resources. For the Oil & Gas industry, the median EV-to-EBITDA is 7.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiddlehead Resources's current EV-to-EBITDA is 23.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiddlehead Resources stock overvalued right now?
Fiddlehead Resources (TSXV:FHR) has a current EV-to-EBITDA of 23.97. The current EV-to-EBITDA is 23.97 and 220.5% above the Oil & Gas industry median of 7.48. Fiddlehead Resources' overall GF Score™ is 6/100 with 6 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 Fiddlehead Resources (TSXV:FHR), the current EV-to-EBITDA is 23.97 as of Aug. 29, 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.

Fiddlehead Resources Business Description

Industry EnergyOil & Gas
Address 715 5th Avenue SW, Suite 1200, Vancouver, BC, CAN, T2P 2X6
Fiddlehead Resources Corp is involved in the exploration, development, and production of oil and natural gas, as well as the acquisition of related properties. Its operations are mainly focused on the South Ferrier and Strachan areas of west central Alberta. The company's assets include oil and gas wellbores, mineral rights, surface leases, and associated facilities and pipelines. Its production mainly comes from the Cardium formation, and the rest from Ellerslie, Rock Creek, Viking, and Belly River. Additionally, the firm has two gas compressor stations, which act as the initial point of gathering for the production, while the final processing and sale of the gas and associated liquids are done at third-party gas plants. The majority of its revenue is derived from oil and gas sales.
6GF Score

Get the complete analysis for TSXV:FHR

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

C$0.12
Price