Mako Mining Corp (MAKO) Key Metrics
MAKO valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $786.7M
- Enterprise value
- $833.0M
- P/E (TTM)
- 15.2 10-yr median 14.3
- Forward P/E
- 15.0
- PEG ratio
- —
- Price / sales
- 3.8 10-yr median 1.9
- Price / book
- 4.8 10-yr median 4.0
- EV / EBITDA
- 8.7 10-yr median 6.2
- Dividend yield
- —
- Beta
- 1.76
MAKO key metrics, 2022–2025
Fiscal year ended December 31, 2025 · U.S. dollarsMAKO valuation Price multiples at each fiscal year-end price.
MAKO returns How much profit the business earns on the capital it uses.
MAKO per-share figures Results divided by the shares outstanding at year-end.
MAKO financial health Debt, liquidity and how easily interest is covered.
MAKO efficiency & capital use Working capital cycle and where the cash goes.
MAKO valuation history
MAKO returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
MAKO debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
MAKO cash returned to shareholders
MAKO price vs earnings per share
MAKO key metrics
2022–2025| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Valuation | ||||
| Market capitalization | $482.7M | $162.9M | $136.4M | $65.8M |
| Enterprise value | $405.3M | $153.4M | $142.6M | $78.3M |
| P/E ratio | 14.3 | 8.5 | 20.1 | — |
| Price / sales | 3.3 | 1.8 | 2.1 | 1.0 |
| Price / book | 3.2 | 2.1 | 6.6 | 4.8 |
| Price / free cash flow | 11.9 | 7.6 | 17.7 | 8.7 |
| Price / operating cash flow | 9.1 | 4.7 | 10.9 | 4.0 |
| EV / sales | 2.7 | 1.7 | 2.2 | 1.2 |
| EV / EBITDA | 6.3 | 4.1 | 6.1 | 6.4 |
| EV / free cash flow | 10.0 | 7.1 | 18.5 | 10.3 |
| Earnings yield | 7.0% | 11.8% | 5.0% | −18.2% |
| Free cash flow yield | 8.4% | 13.2% | 5.7% | 11.5% |
| Dividend yield | 0.0% | 0.0% | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.3% | 2.9% | 0.3% | 0.8% |
| Share price at fiscal year-end | $5.80 | $2.21 | $2.05 | $1.00 |
| Per share | ||||
| Revenue per share | $1.78 | $1.25 | $0.99 | $0.96 |
| Earnings per share | $0.41 | $0.26 | $0.10 | −$0.18 |
| Operating cash flow per share | $0.64 | $0.47 | $0.19 | $0.25 |
| Free cash flow per share | $0.49 | $0.29 | $0.12 | $0.12 |
| Cash per share | $0.93 | $0.20 | $0.02 | $0.01 |
| Book value per share | $1.81 | $1.04 | $0.31 | $0.21 |
| Tangible book value per share | $1.81 | $1.04 | $0.31 | $0.21 |
| Dividends per share | $0.00 | $0.00 | $0.00 | $0.00 |
| Capex per share | $0.15 | $0.17 | $0.07 | $0.13 |
| Debt per share | $0.00 | $0.07 | $0.12 | $0.20 |
| Shares outstanding | 83.2M | 73.7M | 66.5M | 65.8M |
| Change in shares outstanding | +12.9% | +10.8% | +1.1% | — |
| Returns & profitability | ||||
| Return on equity (ROE) | 29.6% | 39.3% | 39.6% | −87.6% |
| Return on invested capital (ROIC) | 47.6% | 47.5% | 65.9% | 29.7% |
| Return on assets (ROA) | 21.4% | 25.7% | 15.6% | −26.5% |
| Return on tangible assets | 16.2% | 17.9% | 16.3% | −26.5% |
| Free cash flow margin | 27.4% | 23.4% | 11.7% | 12.0% |
| Income quality (OCF / net income) | 1.57 | 1.80 | 1.83 | — |
| Financial health | ||||
| Total debt | $69,000 | $5.0M | $7.8M | $13.0M |
| Cash & short-term investments | $77.5M | $14.5M | $1.5M | $523,000 |
| Net debt | −$77.4M | −$9.5M | $6.3M | $12.5M |
| Debt / equity | 0.00 | 0.06 | 0.38 | 0.95 |
| Debt / assets | 0.00 | 0.05 | 0.19 | 0.29 |
| Net debt / EBITDA | −1.21 | −0.25 | 0.27 | 1.02 |
| Current ratio | 3.87 | 1.65 | 1.73 | 0.80 |
| Quick ratio | 2.86 | 0.98 | 0.30 | 0.18 |
| Interest coverage | 53.6 | 44.1 | 24.4 | 5.9 |
| Working capital | $82.9M | $10.8M | $7.1M | −$3.3M |
| Invested capital | $73.3M | $67.4M | $26.9M | $26.1M |
| Tangible asset value | $150.7M | $76.9M | $20.6M | $13.7M |
| Net current asset value | $54.0M | −$2.8M | −$4.5M | −$18.6M |
| Graham number | $4.06 | $2.47 | $0.84 | — |
| Graham net-net per share | $0.43 | −$0.13 | −$0.19 | −$0.38 |
| Capital allocation | ||||
| Dividends paid | $0 | $0 | $0 | $0 |
| Share buybacks (net) | $1.4M | $4.7M | $413,000 | $495,000 |
| Dividend payout ratio | 0.0% | 0.0% | 0.0% | — |
| Dividends + buybacks / free cash flow | 3.3% | 21.8% | 5.4% | 6.5% |
| Capex / revenue | 8.3% | 14.0% | 7.2% | 13.9% |
| Capex / operating cash flow | 23.3% | 37.4% | 38.2% | 53.7% |
| Capex / depreciation | 1.50 | 1.67 | 0.35 | 0.43 |
| Stock-based compensation / revenue | 1.3% | 1.1% | 1.0% | 0.9% |
| SG&A / revenue | 7.2% | 9.3% | 10.1% | 9.7% |
| Efficiency | ||||
| Days sales outstanding | 3.0 | 1.8 | 4.7 | 6.8 |
| Days of inventory on hand | 100.0 | 99.6 | 103.6 | 70.9 |
| Days payables outstanding | 59.0 | 63.8 | 73.2 | 77.5 |
| Cash conversion cycle (days) | 44.0 | 37.6 | 35.1 | 0.2 |
| Receivables turnover | 122.10 | 206.45 | 78.00 | 53.71 |
| Payables turnover | 6.18 | 5.72 | 4.99 | 4.71 |
| Inventory turnover | 3.65 | 3.66 | 3.52 | 5.15 |
| Asset turnover | 0.94 | 1.24 | 1.52 | 1.40 |
| Average receivables | $1.2M | $446,000 | $845,500 | $1.2M |
| Average payables | $11.9M | $8.0M | $8.4M | $10.9M |
| Average inventory | $20.1M | $12.5M | $11.9M | $10.0M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from MAKO's annual financial statements (latest annual report filed April 29, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
MAKO valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Mako Mining traded at 14.3 times earnings, against a 4-year median of 14.3. Based on the latest twelve months, the trailing P/E is 15.2 and the forward P/E is 15.0. Mako Mining earned a return on equity of 29.6% and a return on invested capital of 47.6% in fiscal 2025. It ended the year with $0.1 million of debt and $77.5 million in cash and short-term investments, a net cash position of $77.4 million. It returned $1.4 million to shareholders: $0 in dividends and $1.4 million in share buybacks, 3% of free cash flow.
See the MAKO income statement, the MAKO chart for price history, or the MAKO stock overview for the latest quote and news.
MAKO key metrics FAQ
What is Mako Mining's P/E ratio?
Mako Mining's trailing P/E ratio is 15.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 15.0. At the end of fiscal 2025 it was 14.3, compared with a 4-year median of 14.3.
What is Mako Mining's EV/EBITDA?
Mako Mining's enterprise value was 6.3 times EBITDA at the end of fiscal 2025 (enterprise value $405.3 million, EBITDA $63.9 million); the current EV/EBITDA is 8.7.
What is Mako Mining's return on equity?
Mako Mining's return on equity (ROE) was 29.6% in fiscal 2025: net income of $33.7 million on average shareholders' equity of $113.8 million.
What is Mako Mining's ROIC?
Mako Mining's return on invested capital was 47.6% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Mako Mining have?
Mako Mining had total debt of $0.1 million at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.
Does Mako Mining pay a dividend?
Mako Mining did not pay a dividend in fiscal 2025.
Does Mako Mining buy back its shares?
Yes. Mako Mining spent $1.4 million on net share repurchases in fiscal 2025 Shares outstanding changed +12.9% over the year, to 83.2M..
What is Mako Mining's free cash flow yield?
Mako Mining generated $40.7 million of free cash flow in fiscal 2025, a free cash flow yield of 8.4% on its market value at year-end ($482.7 million).
What is Mako Mining's current ratio?
Mako Mining's current ratio was 3.87 at the end of fiscal 2025: current assets were 3.87 times current liabilities.