Caledonia Mining (CMCL) EV to EBITDA (2009 - 2026)
Caledonia Mining's (CMCL) quarterly EV to EBITDA came in at 6.03 in Q2 2026, down 49.49% year-over-year from 11.94 in Q2 2025, and down 46.42% quarter-over-quarter from 11.25 in Q1 2026.
Analysis
Caledonia Mining (CMCL) EV to EBITDA (2009 - 2026) Analysis & Trends
Caledonia Mining (CMCL) has reported EV to EBITDA for 18 consecutive years, with 6.03 the latest figure, recorded in Q2 2026.
- On a quarterly basis, EV to EBITDA fell 49.49% year-over-year to 6.03 in Q2 2026; TTM through Jun 2026 was 0.01, a 0.72% decrease from a year earlier, with the FY2025 full-year figure at 3.94, down 44.7% from the prior year.
- EV to EBITDA was 6.03 for Q2 2026 at Caledonia Mining, down from 11.25 in the prior quarter.
- Over five years, EV to EBITDA peaked at 21905.69 in Q4 2025 and troughed at 116.29 in Q4 2023.
- A 5-year average of 1218.91 and a median of 10.32 in 2024 frame the typical range for EV to EBITDA.
- Across the five-year window, EV to EBITDA plunged 590.47% in 2023 and surged 469691884.43% in 2025, its largest moves.
- Over 5 years, EV to EBITDA stood at 17.8 in 2022, then tumbled by 553.43% to 116.29 in 2023, then surged by 100.0% to 0.0 in 2024, then surged by 469691884.43% to 21905.69 in 2025, then sank by 99.97% to 6.03 in 2026.
- The last three EV to EBITDA figures came in at 6.03 (Q2 2026), 11.25 (Q1 2026), and 21905.69 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Newmont | 134.87 Bn | 126.03 Bn | 4.03 Bn |
| 2 | Barrick Mining | 74.19 Bn | 68.26 Bn | 2.90 Bn |
| 3 | AngloGold Ashanti | 52.70 Bn | 49.74 Bn | 1.70 Bn |
| 4 | Alamos Gold | 14.98 Bn | 14.30 Bn | 587.30 Mn |
| 5 | Iamgold | 11.53 Bn | 11.03 Bn | 415.10 Mn |
| 6 | Eldorado Gold | 8.68 Bn | 8.12 Bn | 302.67 Mn |
| 7 | Buenaventura Mining | 8.59 Bn | 7.63 Bn | - |
| 8 | Equinox Gold | 7.68 Bn | 7.84 Bn | 428.20 Mn |
| 9 | B2Gold | 7.08 Bn | 7.08 Bn | 308.29 Mn |
| 10 | Caledonia Mining | 487.79 Mn | 316.01 Mn | 39.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.03 |
| Mar 31, 2026 | 11.25 |
| Dec 31, 2025 | 21,905.69 |
| Sep 30, 2025 | 0.02 |
| Jun 30, 2025 | 11.94 |
| Mar 31, 2025 | 17.13 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 0.02 |
| Jun 30, 2024 | 9.39 |
| Mar 31, 2024 | 147.91 |
| Dec 31, 2023 | -116.29 |
| Sep 30, 2023 | 27.65 |
| Jun 30, 2023 | -61.45 |
| Mar 31, 2023 | -51.21 |
| Dec 31, 2022 | -17.80 |
| Sep 30, 2022 | 13.78 |
| Jun 30, 2022 | 12.53 |
| Mar 31, 2022 | 23.68 |
| Dec 31, 2021 | 28.74 |
| Sep 30, 2021 | 14.53 |