diff --git a/toolchain/binutils/binutils.mk b/toolchain/binutils/binutils.mk
index 5261692980..9fd2b3e693 100644
--- a/toolchain/binutils/binutils.mk
+++ b/toolchain/binutils/binutils.mk
@@ -54,7 +54,7 @@ ifeq ($(findstring x4.0,x$(GCC_VERSION)),x4.0)
 BINUTILS_NO_MPFR:=y
 endif
 
-ifndef $(BINUTILS_NO_MPFR)
+ifndef BINUTILS_NO_MPFR
 BINUTILS_HOST_PREREQ:=$(TOOL_BUILD_DIR)/gmp/lib/libgmp$(HOST_SHREXT) \
 	$(TOOL_BUILD_DIR)/mpfr/lib/libmpfr$(HOST_SHREXT)