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, TRX Gold's Enterprise Value is C$395.2 Mil.
TRX Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was C$12.0 Mil. Therefore, TRX Gold's EV-to-EBIT ratio for today is 32.93.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, TRX Gold's Enterprise Value is C$395.2 Mil.
TRX Gold's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 was C$19.6 Mil. Therefore, TRX Gold's EV-to-EBITDA ratio for today is 20.21.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, TRX Gold's Enterprise Value is C$395.2 Mil.
TRX Gold's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 was C$131.5 Mil. Therefore, TRX Gold's EV-to-Revenue ratio for today is 3.00.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, TRX Gold's Enterprise Value is C$395.2 Mil.
TRX Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was C$2.0 Mil. Therefore, TRX Gold's EV-to-FCF ratio for today is 200.70.
*** 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.
TRX Gold (TSX:TRX) 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.
TRX Gold's current Enterprise Value is C$395.2 Mil.
TRX Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$12.0 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
TRX Gold's current Enterprise Value is C$395.2 Mil.
TRX Gold's EBITDA for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$19.6 Mil.
TRX Gold's current Enterprise Value is C$395.2 Mil.
TRX Gold's Revenue for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$131.5 Mil.
TRX Gold's current Enterprise Value is C$395.2 Mil.
TRX Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$34.1 Mil.
TRX Gold's current Enterprise Value is C$395.2 Mil.
TRX Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$2.0 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.
TRX Gold Enterprise Value Related Terms
TRX Gold Enterprise Value Historical Data
* Premium members only.
The historical data trend for TRX 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, TRX 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.
TRX Gold Enterprise Value vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Enterprise Value distribution charts can be found below:
* The bar in red indicates where TRX 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.
TRX Gold's Enterprise Value for the fiscal year that ended in Aug. 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.
TRX Gold (TSX:TRX) has a Enterprise Value of C$395.2 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on TRX Gold and its competitors.
Is TRX Gold's Enterprise Value too high?
TRX Gold's current Enterprise Value is C$395.2 Mil. Overall, TRX Gold has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Enterprise Value compare to NEM and AU?
TRX Gold's Enterprise Value of C$395.2 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 TRX Gold and its competitors. TRX Gold's current Enterprise Value is C$395.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TSX:TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.67, compared to a current price of C$1.19 — trading 28.7% below its estimated fair value. The current Enterprise Value is C$395.2 Mil. TRX Gold's overall GF Score™ is 57/100 with 1 warning sign 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 TRX Gold (TSX:TRX), the current Enterprise Value is C$395.2 Mil as of Jul. 03, 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 TRX Gold (TSX:TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of C$1.19 is trading 28.7% below its estimated GF Value™ of C$1.67.
GuruFocus considers TRX Gold to be Modestly Undervalued.
Key valuation signals for TSX:TRX:
Enterprise Value: C$395.2 Mil
GF Value™: C$1.67 vs. price of C$1.19 (28.7% below fair value)
No single metric tells the full story. See the TSX:TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
57GF Score
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