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, True North Copper's Enterprise Value is A$70.13 Mil.
True North Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-8.59 Mil. Therefore, True North Copper's EV-to-EBIT ratio for today is -8.17.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, True North Copper's Enterprise Value is A$70.13 Mil.
True North Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.85 Mil. Therefore, True North Copper's EV-to-EBITDA ratio for today is -10.24.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, True North Copper's Enterprise Value is A$70.13 Mil.
True North Copper's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.43 Mil. Therefore, True North Copper's EV-to-Revenue ratio for today is -161.59.
*** 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.
True North Copper (ASX:TNC) 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.
True North Copper's current Enterprise Value is A$70.13 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. True North Copper's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-8.59 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
True North Copper's current Enterprise Value is A$70.13 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. True North Copper's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.85 Mil.
True North Copper's current Enterprise Value is A$70.13 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. True North Copper's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.43 Mil.
True North Copper's current Enterprise Value is A$70.13 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. True North Copper's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-6.57 Mil.
True North Copper's current Enterprise Value is A$70.13 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. True North Copper's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-14.63 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.
True North Copper Enterprise Value Related Terms
True North Copper Enterprise Value Historical Data
* Premium members only.
The historical data trend for True North Copper'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.
For the Copper subindustry, True North Copper'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.
True North Copper Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, True North Copper's Enterprise Value distribution charts can be found below:
* The bar in red indicates where True North Copper's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
True North Copper's Enterprise Value for the fiscal year that ended in Jun. 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.
True North Copper (ASX:TNC) has a Enterprise Value of A$70.13 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on True North Copper and its competitors.
Is True North Copper's Enterprise Value too high?
True North Copper's current Enterprise Value is A$70.13 Mil. Overall, True North Copper has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does True North Copper's Enterprise Value compare to SCCO and FCX?
True North Copper's Enterprise Value of A$70.13 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 True North Copper and its competitors. True North Copper's current Enterprise Value is A$70.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True North Copper stock overvalued right now?
True North Copper (ASX:TNC) has a current Enterprise Value of A$70.13 Mil. The current Enterprise Value is A$70.13 Mil. True North Copper's overall GF Score™ is 34/100 with 6 warning signs to review. 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 True North Copper (ASX:TNC), the current Enterprise Value is A$70.13 Mil as of Jul. 01, 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.
True North Copper Ltd is an active mineral exploration company focused on land holdings in North and Central Queensland. It holds exploration tenements for copper, cobalt, gold, and silver, along with a free carried interest in three New South Wales copper-gold porphyry tenements. The company's main projects are the Cloncurry Copper Project, which targets IOCG and copper-gold deposits for open-pit mining, and the Mt Oxide Project, known for its high-grade copper, cobalt, and silver deposit. Its primary revenue comes from the sale of copper sulphate pentahydrate.
34GF Score
Get the complete analysis for ASX:TNC
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:TNC has been successfully added to your 
