Golden State Mining (ASX:GSM) Enterprise Value: A$3.31 Mil (As of Jun. 28, 2026) ***


What is Golden State Mining Enterprise Value?

Golden State Mining ASX:GSM -9.09% Enterprise Value is A$3.31 Mil as of Jun. 28, 2026. The stock has 1 warning sign investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Golden State Mining's Enterprise Value is A$3.31 Mil. Golden State Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.07 Mil. Therefore, Golden State Mining's EV-to-EBIT ratio for today is -3.09.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Golden State Mining's Enterprise Value is A$3.31 Mil. Golden State Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.07 Mil. Therefore, Golden State Mining's EV-to-EBITDA ratio for today is -3.11.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Golden State Mining's Enterprise Value is A$3.31 Mil. Golden State Mining's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.00 Mil. Therefore, Golden State Mining's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Golden State Mining's Enterprise Value is A$3.31 Mil. Golden State Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.27 Mil. Therefore, Golden State Mining's EV-to-OCF ratio for today is -2.62.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Golden State Mining's Enterprise Value is A$3.31 Mil. Golden State Mining's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.27 Mil. Therefore, Golden State Mining's EV-to-FCF ratio for today is -2.61.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Golden State Mining  (ASX:GSM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Golden State Mining's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.313/-1.072
=-3.09

Golden State Mining's current Enterprise Value is A$3.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.07 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Golden State Mining's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3.313/-1.066
=-3.11

Golden State Mining's current Enterprise Value is A$3.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.07 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Golden State Mining's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3.313/0
=

Golden State Mining's current Enterprise Value is A$3.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.00 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Golden State Mining's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3.313/-1.265
=-2.62

Golden State Mining's current Enterprise Value is A$3.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.27 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Golden State Mining's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3.313/-1.268
=-2.61

Golden State Mining's current Enterprise Value is A$3.31 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Golden State Mining's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.27 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.


Golden State Mining Enterprise Value Related Terms


Golden State Mining Enterprise Value Historical Data

* Premium members only.

The historical data trend for Golden State Mining's Enterprise Value 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.

Golden State Mining Enterprise Value Chart

Golden State Mining Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial 7.21 0.91 4.42 0.90 1.79

Golden State Mining Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value 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 1.66 0.90 1.22 1.79 8.38

ASX:GSM vs NEM, AU: Enterprise Value Comparison

For the Gold subindustry, Golden State Mining's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Golden State Mining Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden State Mining's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Golden State Mining's Enterprise Value falls into.



Golden State Mining Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Golden State Mining's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Golden State Mining's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of A$3.31 Mil mean?
Golden State Mining (ASX:GSM) has a Enterprise Value of A$3.31 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Golden State Mining and its competitors.
Is Golden State Mining's Enterprise Value too high?
Golden State Mining's current Enterprise Value is A$3.31 Mil.
How does Golden State Mining's Enterprise Value compare to NEM and AU?
Golden State Mining's Enterprise Value of A$3.31 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Golden State Mining and its competitors. Golden State Mining's current Enterprise Value is A$3.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden State Mining stock overvalued right now?
Golden State Mining (ASX:GSM) has a current Enterprise Value of A$3.31 Mil. The current Enterprise Value is A$3.31 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Golden State Mining (ASX:GSM), the current Enterprise Value is A$3.31 Mil as of Jun. 28, 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.

Golden State Mining Business Description

Address 19-21 Outram Street, Suite 15, West Perth, Perth, WA, AUS, 6005
Golden State Mining Ltd is a resources exploration company. It is mainly engaged in the acquisition and exploration of assets in Western Australia. The firm is occupied in the exploration of Murchison Project, Yule Project, Four Mile Well Project, Paynes Find Lithium Project, Southern Cross Gold Project.