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, Eldorado Gold's Enterprise Value is $8,975 Mil.
Eldorado Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $779 Mil. Therefore, Eldorado Gold's EV-to-EBIT ratio for today is 11.52.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Eldorado Gold's Enterprise Value is $8,975 Mil.
Eldorado Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $1,033 Mil. Therefore, Eldorado Gold's EV-to-EBITDA ratio for today is 8.68.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Eldorado Gold's Enterprise Value is $8,975 Mil.
Eldorado Gold's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $1,981 Mil. Therefore, Eldorado Gold's EV-to-Revenue ratio for today is 4.53.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Eldorado Gold's Enterprise Value is $8,975 Mil.
Eldorado Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-310 Mil. Therefore, Eldorado Gold's EV-to-FCF ratio for today is -28.93.
*** 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.
Eldorado Gold (NYSE:EGO) 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.
Eldorado Gold's current Enterprise Value is $8,975 Mil.
Eldorado Gold's EBIT 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 $779 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Eldorado Gold's current Enterprise Value is $8,975 Mil.
Eldorado 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 $1,033 Mil.
Eldorado Gold's current Enterprise Value is $8,975 Mil.
Eldorado Gold's Revenue 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 $1,981 Mil.
Eldorado Gold's current Enterprise Value is $8,975 Mil.
Eldorado Gold's Cash Flow from Operations 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 $753 Mil.
Eldorado Gold's current Enterprise Value is $8,975 Mil.
Eldorado Gold's Free Cash Flow 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 $-310 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.
Eldorado Gold Enterprise Value Related Terms
Eldorado Gold Enterprise Value Historical Data
* Premium members only.
The historical data trend for Eldorado Gold'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 Gold subindustry, Eldorado Gold'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.
Eldorado Gold Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Eldorado Gold's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Eldorado Gold'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.
Eldorado Gold's Enterprise Value for the fiscal year 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.
Eldorado Gold (EGO) has a Enterprise Value of $8,975 Mil as of Jul. 08, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Eldorado Gold and its competitors.
Is Eldorado Gold's Enterprise Value too high?
Eldorado Gold's current Enterprise Value is $8,975 Mil. Overall, Eldorado Gold has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Enterprise Value compare to NEM and AU?
Eldorado Gold's Enterprise Value of $8,975 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 Eldorado Gold and its competitors. Eldorado Gold's current Enterprise Value is $8,975 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Based on GuruFocus' analysis, Eldorado Gold (EGO) is currently considered Fairly Valued. The stock's GF Value™ is $34.01, compared to a current price of $32.02 — trading 5.9% below its estimated fair value. The current Enterprise Value is $8,975 Mil. Eldorado Gold's overall GF Score™ is 90/100 with 2 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 Eldorado Gold (EGO), the current Enterprise Value is $8,975 Mil as of Jul. 08, 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 Eldorado Gold (EGO) Overvalued in 2026?
Based on GuruFocus' analysis, Eldorado Gold stock appears to be undervalued.
The current stock price of $32.02 is trading 5.9% below its estimated GF Value™ of $34.01.
GuruFocus considers Eldorado Gold to be Fairly Valued.
Key valuation signals for EGO:
Enterprise Value: $8,975 Mil
GF Value™: $34.01 vs. price of $32.02 (5.9% below fair value)
No single metric tells the full story. See the EGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
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