Trx Gold (TRX) EV to EBITDA (2015 - 2026)
Trx Gold's (TRX) quarterly EV to EBITDA came in at 2.57 in Q2 2026, down 44.08% on a YoY basis from 4.6 in Q2 2025, and down 21.83% quarter-over-quarter from 3.29 in Q1 2026.
Analysis
Trx Gold (TRX) EV to EBITDA (2015 - 2026) Analysis & Trends
Trx Gold (TRX) has reported EV to EBITDA for 11 consecutive years, with 2.57 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 44.08% year-over-year to 2.57; the trailing twelve-month figure through May 2026 stood at 0.79 (down 50.34% YoY), and the FY2025 full-year result was 1.2, down 21.84% from the prior year.
- EV to EBITDA declined to 2.57 in Q2 2026 per TRX's latest filing, from 3.29 in the prior quarter.
- Across five years, EV to EBITDA topped out at 310.05 in Q1 2022 and bottomed at 2.09 in Q3 2025.
- Historically, EV to EBITDA has averaged 30.54 across 5 years, with a median of 6.83 in 2024.
- The sharpest annual moves came in 2022 and 2023: EV to EBITDA jumped 320.68% in 2022, then plunged 91.18% in 2023.
- Over 5 years, EV to EBITDA stood at 12.45 in 2022, then sank by 39.27% to 7.56 in 2023, then dropped by 25.88% to 5.6 in 2024, then plunged by 37.75% to 3.49 in 2025, then retreated by 26.23% to 2.57 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 2.57, 3.29, and 3.49 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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 | Trx Gold | 52.30 Mn | 25.46 Mn | 19.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 2.57 |
| Feb 28, 2026 | 3.29 |
| Nov 30, 2025 | 3.49 |
| Aug 31, 2025 | 2.09 |
| May 31, 2025 | 4.60 |
| Feb 28, 2025 | 23.67 |
| Nov 30, 2024 | 5.60 |
| Aug 31, 2024 | 3.82 |
| May 31, 2024 | 6.61 |
| Feb 29, 2024 | 6.98 |
| Nov 30, 2023 | 7.56 |
| Aug 31, 2023 | 6.68 |
| May 31, 2023 | 37.98 |
| Feb 28, 2023 | 27.35 |
| Nov 30, 2022 | 12.45 |
| Aug 31, 2022 | 56.17 |
| May 31, 2022 | 28.79 |
| Feb 28, 2022 | 310.05 |
| Nov 30, 2021 | -43.98 |
| Aug 31, 2021 | -25.45 |