Euro Manganese (ASX:EMN) EBIT: A$-13.13 Mil (TTM As of Mar. 2026)


What is Euro Manganese EBIT?

Euro Manganese ASX:EMN -8.16% EBIT is A$-13.13 Mil as of Mar. 2026. The stock has 4 warning signs investors should review.

Euro Manganese's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was A$-3.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was A$-13.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Euro Manganese's annualized ROC % for the quarter that ended in Mar. 2026 was -19.25%. Euro Manganese's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -55.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Euro Manganese's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -32.23%.

Euro Manganese  (ASX:EMN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Euro Manganese's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-11.644 * ( 1 - 0% )/( (61.525 + 59.455)/ 2 )
=-11.644/60.49
=-19.25 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=36.596 - 3.072 - ( 7.637 - max(0, 37.333 - 9.332+7.637))
=61.525

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=32.67 - 3.57 - ( 5.596 - max(0, 37.841 - 7.486+5.596))
=59.455

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Euro Manganese's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.508/( ( (25.212 + max(-1.725, 0)) + (23.231 + max(-2.009, 0)) )/ 2 )
=-13.508/( ( 25.212 + 23.231 )/ 2 )
=-13.508/24.2215
=-55.77 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.601 + 0.586 + 0.351) - (3.072 + 0 + 0.191)
=-1.725

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.846 + 0.491 + 0.408) - (3.57 + 0 + 0.184)
=-2.009

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Euro Manganese's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-13.134/40.746
=-32.23 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Euro Manganese EBIT Related Terms

Euro Manganese EBIT Historical Data

* Premium members only.

The historical data trend for Euro Manganese's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Euro Manganese EBIT Chart

Euro Manganese Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EBIT
Get a 7-Day Free Trial Premium Member Only -10.28 -15.09 -13.78 -15.95 -14.45

Euro Manganese Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.26 -2.82 -4.21 -2.73 -3.38

Euro Manganese EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Euro Manganese's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Euro Manganese EV-to-EBIT vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Euro Manganese's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Euro Manganese's EV-to-EBIT falls into.


Euro Manganese EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-13.13 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of A$-13.13 Mil mean?
Euro Manganese (ASX:EMN) has a EBIT of A$-13.13 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Euro Manganese.
Is Euro Manganese's EBIT too high?
Euro Manganese's current EBIT is A$-13.13 Mil.
How does Euro Manganese's EBIT compare to competitors?
Euro Manganese's EBIT of A$-13.13 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Metals & Mining company?
A good EBIT depends on the Metals & Mining industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Euro Manganese. Euro Manganese's current EBIT is A$-13.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euro Manganese stock overvalued right now?
Euro Manganese (ASX:EMN) has a current EBIT of A$-13.13 Mil. The current EBIT is A$-13.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Euro Manganese (ASX:EMN), the current EBIT is A$-13.13 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Euro Manganese Business Description

Address 700 West Pender Street, Suite 709, Vancouver, BC, CAN, V6C 1G8
Euro Manganese Inc is focused on advancing the Chvaletice Manganese Project, which involves the re-processing of a readily leachable manganese deposit contained in the tailings of a decommissioned mine in the Czech Republic. The Company is also progressing an opportunity to develop a project in Canada aimed at producing high-purity manganese products for the North American market, mainly for use in lithium-ion batteries. The company seeks to produce high-purity manganese products in an economically, socially, and environmentally sound manner. The Company operates through three segments: Mangan, EPCS, and Corporate. The Mangan and EPCS assets are geographically located in the Czech Republic, while corporate activities and assets are based in Canada.