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Gold Road Resources Ltd
ASX:GOR

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Gold Road Resources Ltd
ASX:GOR
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Price: 3.48 AUD Market Closed
Market Cap: AU$3.8B

EV/EBITDA

11.9
Current
No historical data
Comparison unavailable

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
11.9
=
Enterprise Value
AU$3.7B
/
EBITDA
AU$309.7m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
11.9
=
Enterprise Value
AU$3.7B
/
EBITDA
AU$309.7m

Valuation Scenarios

Gold Road Resources Ltd is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (11.9), the stock would be worth AU$3.48 (0% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+39%
Average Upside
10%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 11.9 AU$3.48
0%
3-Year Average 11.9 AU$3.48
+0%
5-Year Average 11.9 AU$3.48
+0%
Industry Average 12.1 AU$3.56
+2%
Country Average 16.5 AU$4.84
+39%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
AU$3.7B
/
Jul 2025
AU$309.7m
=
11.9
Current
AU$3.7B
/
Dec 2025
AU$510.5m
=
7.2
Forward
AU$3.7B
/
Dec 2026
AU$621.9m
=
5.9
Forward
AU$3.7B
/
Dec 2027
AU$585.6m
=
6.3
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close
Market Cap EV/EBITDA P/E
AU
Gold Road Resources Ltd
ASX:GOR
3.8B AUD 11.9 18.3
RU
Polyus PJSC
LSE:PLZL
70.4T USD 19 286.2 34 959.7
ZA
Gold Fields Ltd
JSE:GFI
708.3B ZAR 7.2 11.7
ZA
Harmony Gold Mining Company Ltd
JSE:HAR
175.7B ZAR 5.6 11.3
CN
Zijin Mining Group Co Ltd
SSE:601899
938.6B CNY 13.3 18.3
US
Newmont Corporation
NYSE:NEM
123.5B USD 8.9 17.4
CA
Agnico Eagle Mines Ltd
TSX:AEM
147.4B CAD 13.2 24.1
CA
Barrick Mining Corp
F:ABR0
61.9B EUR 6.9 14.2
CA
Barrick Gold Corp
TSX:ABX
99.2B CAD 7 14.3
CA
Wheaton Precious Metals Corp
TSX:WPM
92.2B CAD 34 44.3
HK
Zijin Gold International Co Ltd
HKEX:2259
485.5B HKD 18.8 38.8

Market Distribution

In line with most companies in Australia
Percentile
37th
Based on 1 243 companies
37th percentile
11.9
Low
0 — 10
Typical Range
10 — 24.5
High
24.5 —
Distribution Statistics
Australia
Min 0
30th Percentile 10
Median 16.5
70th Percentile 24.5
Max 6 797.5

Gold Road Resources Ltd
Glance View

Market Cap
3.8B AUD
Industry
Metals & Mining

Gold Road Resources Ltd, an Australian company, has carved a niche for itself in the gold mining industry through its strategic focus on the underexplored and richly endowed Yamarna Belt in Western Australia. Founded in 2004, the company initially embarked on a journey of discovery across this vast region, which stretches over 5,000 square kilometers. It stumbled upon the Gruyere Gold Project, which quickly emerged as a game-changer. This flagship asset, a lucrative joint venture with South African gold giant Gold Fields Limited, has transformed Gold Road from a mere explorer into a significant producer with a robust operational backbone. The Gruyere mine itself is a marvel of modern mining, characterized by low-cost, high-recovery operations that churn out a substantial amount of gold annually, thereby ensuring a steady revenue stream. Gold Road’s business model pivots on an integrated approach combining exploration, development, and production. While Gruyere remains its crowning jewel, the company continues to explore the expansive Yamarna Belt for new opportunities, ensuring a pipeline of potential projects and minimizing future production risks. This dual approach balances the stability provided by ongoing production with the dynamism and potential of future discoveries. As the company delves deeper into its landholdings, it leverages cutting-edge technologies and sustainable practices to maintain competitive production costs and mitigate environmental impact. Through these endeavors, Gold Road Resources not only generates revenue from gold sales but also fortifies its position as a responsible and innovative leader in the mining sector.

GOR Intrinsic Value
3.01 AUD
Overvaluation 14%
Intrinsic Value
Price AU$3.48
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