Focus Minerals (ASX:FML) EBIT: A$88.1 Mil (TTM As of Dec. 2025)


ASX:FML Focus Minerals Ltd ASX:FML
59 GF Score
Price A$1.65
GF Value A$1.80
Valuation Fairly Valued
! 1 Warning Sign
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What is Focus Minerals EBIT?

Focus Minerals ASX:FML -4.90% 59 EBIT is A$88.1 Mil as of Dec. 2025. GuruFocus rates ASX:FML with a GF Score™ of 59/100 and a GF Value™ of A$1.80 (Fairly Valued). The stock has 1 warning sign investors should review.

Focus Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$71.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Focus Minerals's annualized ROC % for the quarter that ended in Dec. 2025 was 45.16%. Focus Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 56.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Focus Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.77%.


Focus Minerals  (ASX:FML) EBIT Explanation

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

Focus Minerals's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=158.51 * ( 1 - 23.11% )/( (272.524 + 267.212)/ 2 )
=121.878339/269.868
=45.16 %

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))
=442.727 - 28.397 - ( 159.701 - max(0, 47.67 - 194.788+159.701))
=267.212

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Focus Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=143.036/( ( (257.811 + max(4.968, 0)) + (241.307 + max(-13.154, 0)) )/ 2 )
=143.036/( ( 262.779 + 241.307 )/ 2 )
=143.036/252.043
=56.75 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.223 + 11.13 + -1.4210854715202E-14) - (25.968 + 0 + 1.417)
=4.968

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.24 + 17.239 + 12.343) - (28.397 + 14.75 + 1.829)
=-13.154

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Focus Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=88.131/341.953
=25.77 %

* 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.


Focus Minerals EBIT Related Terms


Focus Minerals EBIT Historical Data

* Premium members only.

The historical data trend for Focus Minerals'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.

Focus Minerals EBIT Chart

Focus Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.24 -2.12 -0.30 13.71 88.13

Focus Minerals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 10.42 -20.97 34.68 16.61 71.52

ASX:FML vs NEM, AU: EBIT Comparison

For the Gold subindustry, Focus Minerals'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.


Focus Minerals EV-to-EBIT vs Metals & Mining Industry

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

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


ASX:FML
59GF Score
Focus Minerals Ltd ASX:FML
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Focus Minerals 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$88.1 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$88.1 Mil mean?
Focus Minerals (ASX:FML) has a EBIT of A$88.1 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Focus Minerals.
Is Focus Minerals' EBIT too high?
Focus Minerals' current EBIT is A$88.1 Mil. Overall, Focus Minerals has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Focus Minerals' EBIT compare to NEM and AU?
Focus Minerals' EBIT of A$88.1 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 Focus Minerals. Focus Minerals's current EBIT is A$88.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Focus Minerals stock overvalued right now?
Based on GuruFocus' analysis, Focus Minerals (ASX:FML) is currently considered Fairly Valued. The stock's GF Value™ is A$1.80, compared to a current price of A$1.65 — trading 8.3% below its estimated fair value. The current EBIT is A$88.1 Mil. Focus Minerals' overall GF Score™ is 59/100 with 1 warning sign to review. 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 Focus Minerals (ASX:FML), the current EBIT is A$88.1 Mil as of Dec. 2025. 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.

Is Focus Minerals (ASX:FML) Overvalued in 2026?

Based on GuruFocus' analysis, Focus Minerals stock appears to be undervalued. The current stock price of A$1.65 is trading 8.3% below its estimated GF Value™ of A$1.80. GuruFocus considers Focus Minerals to be Fairly Valued.

Key valuation signals for ASX:FML:

  • EBIT: A$88.1 Mil
  • GF Value™: A$1.80 vs. price of A$1.65 (8.3% below fair value)
  • GF Score™: 59/100 with 1 warning sign

No single metric tells the full story. See the ASX:FML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Focus Minerals Business Description

Other Exchanges FCSUF:USAFZA:Germany
Address 8 Street Georges Terrace, Level 5, Perth, WA, AUS, 6000
Focus Minerals Ltd is engaged in gold exploration and production in Western Australia. The company's projects include Three Mile Hill Processing plant, Varischetti Village, and Coolgardie Gold Project which generates key revenue.
59GF Score

Get the complete analysis for ASX:FML

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.65
Price
A$1.80
GF Value