IRNRF (Iron Road) Enterprise Value: $5.73 Mil (As of Jul. 06, 2026) ***


What is Iron Road Enterprise Value?

Iron Road IRNRF -35.63% Enterprise Value is $5.73 Mil as of Jul. 06, 2026. The stock has 2 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, Iron Road's Enterprise Value is $5.73 Mil. Iron Road's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-60.50 Mil. Therefore, Iron Road's EV-to-EBIT ratio for today is -0.09.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Iron Road's Enterprise Value is $5.73 Mil. Iron Road's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-60.48 Mil. Therefore, Iron Road's EV-to-EBITDA ratio for today is -0.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Iron Road's Enterprise Value is $5.73 Mil. Iron Road's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $0.00 Mil. Therefore, Iron Road'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, Iron Road's Enterprise Value is $5.73 Mil. Iron Road's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.51 Mil. Therefore, Iron Road's EV-to-OCF ratio for today is -3.78.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Iron Road's Enterprise Value is $5.73 Mil. Iron Road's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.97 Mil. Therefore, Iron Road's EV-to-FCF ratio for today is -2.91.

*** 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.


Iron Road  (OTCPK:IRNRF) 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.

Iron Road's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5.727/-60.495
=-0.09

Iron Road's current Enterprise Value is $5.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Iron Road's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-60.50 Mil.

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

Iron Road's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=5.727/-60.477
=-0.09

Iron Road's current Enterprise Value is $5.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Iron Road's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $-60.48 Mil.

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

Iron Road's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=5.727/0
=

Iron Road's current Enterprise Value is $5.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Iron Road's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $0.00 Mil.

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

Iron Road's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5.727/-1.514
=-3.78

Iron Road's current Enterprise Value is $5.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Iron Road's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.51 Mil.

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

Iron Road's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=5.727/-1.968
=-2.91

Iron Road's current Enterprise Value is $5.73 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Iron Road's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.97 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.


Iron Road Enterprise Value Related Terms


Iron Road Enterprise Value Historical Data

* Premium members only.

The historical data trend for Iron Road'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.

Iron Road Enterprise Value Chart

Iron Road Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.23 96.83 39.39 28.64 18.25

Iron Road Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.90 28.64 25.31 18.25 23.79

IRNRF vs NUE, STLD, RS: Enterprise Value Comparison

For the Steel subindustry, Iron Road'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.


Iron Road Enterprise Value vs Steel Industry

For the Steel industry and Basic Materials sector, Iron Road's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Iron Road's Enterprise Value falls into.



Iron Road 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.

Iron Road's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Iron Road'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 $5.73 Mil mean?
Iron Road (IRNRF) has a Enterprise Value of $5.73 Mil as of Jul. 06, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Iron Road and its competitors.
Is Iron Road's Enterprise Value too high?
Iron Road's current Enterprise Value is $5.73 Mil.
How does Iron Road's Enterprise Value compare to NUE and STLD?
Iron Road's Enterprise Value of $5.73 Mil can be compared against companies in the Steel 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 Steel company?
A good Enterprise Value depends on the Steel 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 Iron Road and its competitors. Iron Road's current Enterprise Value is $5.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Road stock overvalued right now?
Iron Road (IRNRF) has a current Enterprise Value of $5.73 Mil. The current Enterprise Value is $5.73 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 Iron Road (IRNRF), the current Enterprise Value is $5.73 Mil as of Jul. 06, 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.

Iron Road Business Description

Other Exchanges 4OV:GermanyIRD:Australia
Address 63 Pirie Street, Level 3, Adelaide, SA, AUS, 5000
Iron Road Ltd. is a mineral exploration company which explores iron ore in Australia. The projects of the company include the Central Eyre Iron and Gawler Iron. The Central Eyre Iron project consists of three prospects: Warramboo, Kopi, and Hambidge.