Thunder Mountain Gold (TSXV:THM) EV-to-EBITDA: -31.80 (As of Aug. 10, 2026)

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TSXV:THM Thunder Mountain Gold Inc TSXV:THM
28 GF Score
Price C$1.35
GF Value C$0.01
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Thunder Mountain Gold EV-to-EBITDA?

Thunder Mountain Gold TSXV:THM +15.38% 28 EV-to-EBITDA is -31.80 as of Aug. 10, 2026. GuruFocus rates TSXV:THM with a GF Score™ of 28/100 and a GF Value™ of C$0.01 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 696 Metals & Mining companies, Thunder Mountain Gold ranks worse than 143678.02% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Thunder Mountain Gold's enterprise value is C$125.90 Mil. Thunder Mountain Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was C$-3.96 Mil. Therefore, Thunder Mountain Gold's EV-to-EBITDA for today is -31.80.

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

TSXV:THM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -108.47   Med: -4.04   Max: 37.99
Current: -31.2

During the past 13 years, the highest EV-to-EBITDA of Thunder Mountain Gold was 37.99. The lowest was -108.47. And the median was -4.04.

TSXV:THM's EV-to-EBITDA is ranked worse than
100% of 696 companies
in the Metals & Mining industry
Industry Median: 10.515 vs TSXV:THM: -31.20

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 (2026-08-10), Thunder Mountain Gold's stock price is C$1.35. Thunder Mountain Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.056. Therefore, Thunder Mountain Gold'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).


Thunder Mountain Gold  (TSXV:THM) 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.

Thunder Mountain Gold's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.35/-0.056
=At Loss

Thunder Mountain Gold's share price for today is C$1.35.
Thunder Mountain Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.056.

* 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?


Thunder Mountain Gold EV-to-EBITDA Related Terms


Thunder Mountain Gold EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Thunder Mountain 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.

Thunder Mountain Gold EV-to-EBITDA Chart

Thunder Mountain Gold 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 -11.35 -8.38 -3.55 -12.60 -23.13

Thunder Mountain Gold 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 -9.68 -11.55 -13.46 -23.13 -23.85

TSXV:THM vs ACRG, GRML, SRGZ: EV-to-EBITDA Comparison

For the Other Precious Metals & Mining subindustry, Thunder Mountain 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.


Thunder Mountain Gold EV-to-EBITDA vs Metals & Mining Industry

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

* The bar in red indicates where Thunder Mountain Gold's EV-to-EBITDA falls into.


TSXV:THM
28GF Score
Thunder Mountain Gold Inc TSXV:THM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thunder Mountain Gold EV-to-EBITDA Calculation

Thunder Mountain Gold's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=125.900/-3.959
=-31.80

Thunder Mountain Gold's current Enterprise Value is C$125.90 Mil.
Thunder Mountain Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.96 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 -31.80 mean?
Thunder Mountain Gold (TSXV:THM) has a EV-to-EBITDA of -31.80 as of Aug. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Thunder Mountain Gold. According to the industry distribution chart, Thunder Mountain Gold ranks #999999 out of 696 companies in the Metals & Mining industry.
Is Thunder Mountain Gold's EV-to-EBITDA too high?
Thunder Mountain Gold's current EV-to-EBITDA is -31.80. Based on the distribution chart, Thunder Mountain Gold ranks #999999 out of 696 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Thunder Mountain Gold has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thunder Mountain Gold's EV-to-EBITDA compare to ACRG and GRML?
According to the Metals & Mining industry distribution chart, Thunder Mountain Gold ranks #999999 out of 696 companies for EV-to-EBITDA. This places Thunder Mountain Gold in the lower half of its industry. The industry median EV-to-EBITDA is 10.52. 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 10.52, based on 696 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 Thunder Mountain Gold. For the Metals & Mining industry, the median EV-to-EBITDA is 10.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thunder Mountain Gold's current EV-to-EBITDA is -31.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thunder Mountain Gold stock overvalued right now?
Based on GuruFocus' analysis, Thunder Mountain Gold (TSXV:THM) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.01, compared to a current price of C$1.35 — trading 13400% above its estimated fair value. The current EV-to-EBITDA is -31.80. Thunder Mountain Gold's overall GF Score™ is 28/100 with 4 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 Thunder Mountain Gold (TSXV:THM), the current EV-to-EBITDA is -31.80 as of Aug. 10, 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 Thunder Mountain Gold (TSXV:THM) Overvalued in 2026?

Based on GuruFocus' analysis, Thunder Mountain Gold stock appears to be overvalued. The current stock price of C$1.35 is trading 13400% above its estimated GF Value™ of C$0.01. GuruFocus considers Thunder Mountain Gold to be Significantly Overvalued.

Key valuation signals for TSXV:THM:

  • EV-to-EBITDA: -31.80
  • GF Value™: C$0.01 vs. price of C$1.35 (13400% above fair value)
  • GF Score™: 28/100 with 4 warning signs

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


Thunder Mountain Gold Business Description

Other Exchanges THMG:USA
Address 11770 W. President Drive, Suite F, Boise, ID, USA, 83713
Thunder Mountain Gold Inc is a mineral exploration stage company. The company is engaged in exploring mining properties that have the potential to produce high-quality precious and base metal projects in North America. The company holds interests in the South Mountain and Trout Creek Project. The Company operates as a single business segment, focused on the exploration and development of the South Mountain Project.
28GF Score

Get the complete analysis for TSXV:THM

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

C$1.35
Price
C$0.01
GF Value