Cheapest commodity producers by EV/EBITDA
Global commodity producers (miners, oil & gas, agri) ranked by lowest EV/EBITDA.
| # | Company | Market | Sector | EV/EBITDA | P/E | Div yield | Mcap, $bn |
|---|---|---|---|---|---|---|---|
| 1 | ZIM Integrated ShippingZIM | USA | Freight & shipping | 1.4x | 25.5x | 3.0% | 3.5 |
| 2 | Harbour EnergyHBR | United Kingdom | Oil & gas | 1.6x | — | 4.4% | 6.4 |
| 3 | Var EnergiVAR | Norway | Oil & gas | 1.6x | 8.7x | 9.7% | 13.3 |
| 4 | PBF EnergyPBF | USA | Oil refining | 2.0x | 3.2x | 1.6% | 8.6 |
| 5 | Aker BPAKRBP | Norway | Oil & gas | 2.3x | 10.3x | 7.6% | 21.9 |
| 6 | PetroTalTAL | Canada | Oil & gas | 2.5x | 51.6x | — | 0.3 |
| 7 | EquinorEQNR | USA | Natural gas | 2.6x | 9.5x | 2.7% | 111.7 |
| 8 | Caledonia MiningCMCL | USA | Gold mining | 2.6x | 6.2x | 1.3% | 0.4 |
| 9 | Par PacificPARR | USA | Oil refining | 2.7x | 3.9x | — | 3.7 |
| 10 | Meren EnergyMEREN | Canada | Oil & gas | 2.8x | — | 11.0% | 0.9 |
| 11 | Industrias PeñolesIPOAF | Mexico | Precious & base-metals mining | 2.8x | 7.4x | 0.9% | 16.3 |
| 12 | PrimeEnergy ResourcesPNRG | USA | Oil & gas | 3.0x | 12.4x | — | 0.3 |
| 13 | Delek USDK | USA | Oil refining | 3.0x | 3.5x | 1.6% | 4.2 |
| 14 | YPFYPF | USA | Integrated oil & gas | 3.0x | 7.0x | — | 14.9 |
| 15 | EuroseasESEA | USA | Marine shipping | 3.0x | 3.4x | 4.6% | 0.5 |
| 16 | Fortuna MiningFSM | USA | Silver mining | 3.2x | 9.1x | — | 2.8 |
| 17 | B2GoldBTG | USA | Gold mining | 3.3x | 6.1x | 1.2% | 7.3 |
| 18 | Riley Exploration PermianREPX | USA | Oil & gas | 3.4x | 9.8x | 3.6% | 1.0 |
| 19 | Aker SolutionsAKSO | Norway | Oil services | 3.5x | 6.3x | 22.9% | 2.0 |
| 20 | Ithaca EnergyITH | United Kingdom | Oil & gas | 3.5x | — | 10.3% | 5.6 |
| 21 | Vista EnergyVIST | USA | Oil & gas | 3.5x | 7.6x | — | 6.2 |
| 22 | SandRidge EnergySD | USA | Natural gas | 3.6x | 5.0x | 4.4% | 0.5 |
| 23 | Crescent EnergyCRGY | USA | Oil & gas | 3.7x | 82.5x | 4.0% | 5.1 |
| 24 | Vermilion EnergyVET | USA | Oil & gas | 3.7x | — | 2.7% | 1.7 |
| 25 | Expand EnergyEXE | USA | Natural gas | 3.7x | 7.4x | 2.6% | 20.4 |
| 26 | Advantage EnergyAAV | Canada | Natural gas | 3.9x | 12.3x | — | 1.2 |
| 27 | OMVOMV | Austria | Integrated oil & gas | 4.0x | 7.3x | 6.0% | 26.9 |
| 28 | IAMGOLDIAG | USA | Gold mining | 4.1x | 7.6x | — | 10.0 |
| 29 | Teekay TankersTNK | USA | Crude tankers | 4.1x | 5.7x | 2.0% | 3.1 |
| 30 | SSR MiningSSRM | USA | Gold mining | 4.2x | 21.5x | 0.2% | 5.4 |