TWNMF (29Metals) EV-to-EBITDA: 3.31 (As of Jul. 22, 2026) — 19% Above Median

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TWNMF 29Metals Ltd TWNMF
14 GF Score
Price $0.22
GF Value $0.05
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is 29Metals EV-to-EBITDA?

29Metals TWNMF 14 EV-to-EBITDA is 3.31 as of Jul. 22, 2026, which is 19% above its 10-year median of 2.79. GuruFocus rates TWNMF with a GF Score™ of 14/100 and a GF Value™ of $0.05 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 689 Metals & Mining companies, 29Metals ranks better than 86.21% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 29Metals's enterprise value is $376.7 Mil. 29Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $113.6 Mil. Therefore, 29Metals's EV-to-EBITDA for today is 3.31.

The historical rank and industry rank for 29Metals's EV-to-EBITDA or its related term are showing as below:

TWNMF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -25.51   Med: 2.79   Max: 8.24
Current: 3.07

During the past 6 years, the highest EV-to-EBITDA of 29Metals was 8.24. The lowest was -25.51. And the median was 2.79.

TWNMF's EV-to-EBITDA is ranked better than
86.21% of 689 companies
in the Metals & Mining industry
Industry Median: 9.95 vs TWNMF: 3.07

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 (2026-07-22), 29Metals's stock price is $0.2203. 29Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.010. Therefore, 29Metals's PE Ratio (TTM) for today is 22.03.

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


29Metals  (OTCPK:TWNMF) 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.

29Metals's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.2203/0.010
=22.03

29Metals's share price for today is $0.2203.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 29Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.010.

* 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?


29Metals EV-to-EBITDA Related Terms


29Metals EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for 29Metals'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.

29Metals EV-to-EBITDA Chart

29Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 10.19 7.02 -2.37 -20.12 5.42

29Metals Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.37 0.00 -20.12 0.00 5.42

TWNMF vs HL: EV-to-EBITDA Comparison

For the Other Precious Metals & Mining subindustry, 29Metals'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.


29Metals EV-to-EBITDA vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 29Metals's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 29Metals's EV-to-EBITDA falls into.


TWNMF
14GF Score
29Metals Ltd TWNMF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

29Metals EV-to-EBITDA Calculation

29Metals's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=376.671/113.632
=3.31

29Metals's current Enterprise Value is $376.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 29Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $113.6 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 3.31 mean?
29Metals (TWNMF) has a EV-to-EBITDA of 3.31 as of Jul. 22, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on 29Metals. This is 19% above median its historical median of 2.79. According to the industry distribution chart, 29Metals ranks #95 out of 689 companies in the Metals & Mining industry, placing it in the top 13.8%.
Is 29Metals' EV-to-EBITDA too high?
29Metals' current EV-to-EBITDA of 3.31 is 19% above median its 10-year median of 2.79. The Metals & Mining industry median EV-to-EBITDA is 9.95. 29Metals' value of 3.31 is 66.7% below this industry median. Based on the distribution chart, 29Metals ranks #95 out of 689 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, 29Metals has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 29Metals' EV-to-EBITDA compare to HL?
According to the Metals & Mining industry distribution chart, 29Metals ranks #95 out of 689 companies for EV-to-EBITDA. This places 29Metals in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.95. 29Metals' value of 3.31 is 66.7% below this benchmark. While the company's 10-year median is 2.79 vs. the industry median of 9.95, 29Metals has consistently been below 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 9.95, based on 689 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. 29Metals's current EV-to-EBITDA of 3.31 is 66.7% below 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 29Metals. For the Metals & Mining industry, the median EV-to-EBITDA is 9.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 29Metals's current EV-to-EBITDA is 3.31, which is 19% above median its own 10-year median of 2.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 29Metals stock overvalued right now?
Based on GuruFocus' analysis, 29Metals (TWNMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.22 — trading 340.6% above its estimated fair value. The current EV-to-EBITDA is 3.31, which is 19% above median its 10-year median of 2.79 and 66.7% below the Metals & Mining industry median of 9.95. 29Metals' overall GF Score™ is 14/100 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 29Metals (TWNMF), the current EV-to-EBITDA is 3.31 as of Jul. 22, 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 29Metals (TWNMF) Overvalued in 2026?

Based on GuruFocus' analysis, 29Metals stock appears to be overvalued. The current stock price of $0.22 is trading 340.6% above its estimated GF Value™ of $0.05. GuruFocus considers 29Metals to be Significantly Overvalued.

Key valuation signals for TWNMF:

  • EV-to-EBITDA: 3.31 (19% above median its 10-year median of 2.79)
  • GF Value™: $0.05 vs. price of $0.22 (340.6% above fair value)
  • GF Score™: 14/100 with 6 warning signs
  • Industry Position: 66.7% below the Metals & Mining median (#95 of 689)

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


29Metals Business Description

Other Exchanges 29M:Australia
Address 80 Collins Street, Suite 2, Level 19, North Tower, Melbourne, VIC, AUS, 3000
29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver). The group has three reportable segments which are Golden Grove, Capricorn Copper, and Exploration (which includes Redhill and regional exploration activities at Golden Grove and Capricorn Copper), and the majority of company's revenue is generated from golden grove.
14GF Score

Get the complete analysis for TWNMF

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

$0.22
Price
$0.05
GF Value