GDRZF (Gold Reserve) Enterprise Value: $527.51 Mil (As of Jun. 29, 2026) ***


GDRZF Gold Reserve Ltd GDRZF
30 GF Score
Price $4.54
! 3 Warning Signs
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What is Gold Reserve Enterprise Value?

Gold Reserve GDRZF -0.22% 30 Enterprise Value is $527.51 Mil as of Jun. 29, 2026. GuruFocus rates GDRZF with a GF Score™ of 30/100. The stock has 3 warning signs 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, Gold Reserve's Enterprise Value is $527.51 Mil. Gold Reserve's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-29.34 Mil. Therefore, Gold Reserve's EV-to-EBIT ratio for today is -17.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Gold Reserve's Enterprise Value is $527.51 Mil. Gold Reserve's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-29.21 Mil. Therefore, Gold Reserve's EV-to-EBITDA ratio for today is -18.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Gold Reserve's Enterprise Value is $527.51 Mil. Gold Reserve's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $0.00 Mil. Therefore, Gold Reserve'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, Gold Reserve's Enterprise Value is $527.51 Mil. Gold Reserve's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-30.06 Mil. Therefore, Gold Reserve's EV-to-OCF ratio for today is -17.55.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Gold Reserve's Enterprise Value is $527.51 Mil. Gold Reserve's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-30.07 Mil. Therefore, Gold Reserve's EV-to-FCF ratio for today is -17.55.

*** 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.


Gold Reserve  (OTCPK:GDRZF) 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.

Gold Reserve's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=527.508/-29.344
=-17.98

Gold Reserve's current Enterprise Value is $527.51 Mil.
Gold Reserve'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 $-29.34 Mil.

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

Gold Reserve's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=527.508/-29.209
=-18.06

Gold Reserve's current Enterprise Value is $527.51 Mil.
Gold Reserve'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 $-29.21 Mil.

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

Gold Reserve's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=527.508/0
=

Gold Reserve's current Enterprise Value is $527.51 Mil.
Gold Reserve'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 $0.00 Mil.

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

Gold Reserve's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=527.508/-30.063
=-17.55

Gold Reserve's current Enterprise Value is $527.51 Mil.
Gold Reserve'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 $-30.06 Mil.

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

Gold Reserve's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=527.508/-30.066
=-17.55

Gold Reserve's current Enterprise Value is $527.51 Mil.
Gold Reserve'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 $-30.07 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.


Gold Reserve Enterprise Value Related Terms


Gold Reserve Enterprise Value Historical Data

* Premium members only.

The historical data trend for Gold Reserve'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.

Gold Reserve Enterprise Value Chart

Gold Reserve Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 69.32 83.45 236.68 100.18 128.93

Gold Reserve Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 100.18 138.28 112.24 128.93 451.41

GDRZF vs NEM, AU: Enterprise Value Comparison

For the Gold subindustry, Gold Reserve'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.


Gold Reserve Enterprise Value vs Metals & Mining Industry

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

* The bar in red indicates where Gold Reserve's Enterprise Value falls into.


GDRZF
30GF Score
Gold Reserve Ltd GDRZF
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Reserve 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.

Gold Reserve's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Gold Reserve's Enterprise Value for the quarter that ended in Mar. 2026 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 $527.51 Mil mean?
Gold Reserve (GDRZF) has a Enterprise Value of $527.51 Mil as of Jun. 29, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Gold Reserve and its competitors.
Is Gold Reserve's Enterprise Value too high?
Gold Reserve's current Enterprise Value is $527.51 Mil. Overall, Gold Reserve has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Gold Reserve's Enterprise Value compare to NEM and AU?
Gold Reserve's Enterprise Value of $527.51 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 Gold Reserve and its competitors. Gold Reserve's current Enterprise Value is $527.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Reserve stock overvalued right now?
Gold Reserve (GDRZF) has a current Enterprise Value of $527.51 Mil. The current Enterprise Value is $527.51 Mil. Gold Reserve's overall GF Score™ is 30/100 with 3 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 Gold Reserve (GDRZF), the current Enterprise Value is $527.51 Mil as of Jun. 29, 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.

Gold Reserve Business Description

Other Exchanges 97Z:GermanyGRZ:Canada
Address 11 Bermudiana Road, Rosebank Centre, 5th Floor, Pembroke, BMU, HM 08
Gold Reserve Ltd is focused on managing and monetizing a collection of legal and arbitral claims. These claims include the CITGO Proceedings, Portugal Attachment Proceedings, and the Siembra Minera Arbitration Proceedings. The company operates in a single operating and reportable segment: pursuing legal claims related to mineral properties.
30GF Score

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

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