Vulcan Energy Resources (ASX:VUL) EBIT: A$-117.06 Mil (TTM As of Dec. 2025)


ASX:VUL Vulcan Energy Resources Ltd ASX:VUL
57 GF Score
Price A$3.12
GF Value A$3.48
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Vulcan Energy Resources EBIT?

Vulcan Energy Resources ASX:VUL -4.00% 57 EBIT is A$-117.06 Mil as of Dec. 2025. GuruFocus rates ASX:VUL with a GF Score™ of 57/100 and a GF Value™ of A$3.48 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Vulcan Energy Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-64.90 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-117.06 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vulcan Energy Resources's annualized ROC % for the quarter that ended in Dec. 2025 was -27.48%. Vulcan Energy Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -22.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vulcan Energy Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -16.99%.

Vulcan Energy Resources  (ASX:VUL) EBIT Explanation

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

Vulcan Energy Resources'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 )
=-182.242 * ( 1 - 0% )/( (563.815 + 762.765)/ 2 )
=-182.242/663.29
=-27.48 %

where

Invested Capital(Q: Jun. 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))
=658.413 - 43.825 - ( 86.386 - max(0, 55.078 - 105.851+86.386))
=563.815

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))
=1686.536 - 84.372 - ( 912.585 - max(0, 92.434 - 931.833+912.585))
=762.765

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:

Vulcan Energy Resources'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 )
=-129.804/( ( (519.405 + max(-33.638, 0)) + (647.83 + max(-76.933, 0)) )/ 2 )
=-129.804/( ( 519.405 + 647.83 )/ 2 )
=-129.804/583.6175
=-22.24 %

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)
=(18.382 + 0.586 + 0.497) - (43.825 + 1.26 + 8.018)
=-33.638

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.526 + 0.596 + 9.948) - (84.372 + 0.594 + 4.037)
=-76.933

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:

Vulcan Energy Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-117.064/689.213
=-16.99 %

* 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.

Vulcan Energy Resources EBIT Related Terms

Vulcan Energy Resources EBIT Historical Data

* Premium members only.

The historical data trend for Vulcan Energy Resources'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.

Vulcan Energy Resources EBIT Chart

Vulcan Energy Resources Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -11.40 -35.72 -89.33 -98.58 -116.79

Vulcan Energy Resources Semi-Annual Data
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 -63.47 -30.90 -67.07 -52.16 -64.90

Vulcan Energy Resources EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Vulcan Energy Resources'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.

Vulcan Energy Resources EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Vulcan Energy Resources's EV-to-EBIT falls into.


ASX:VUL
57GF Score
Vulcan Energy Resources Ltd ASX:VUL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vulcan Energy Resources 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$-117.06 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$-117.06 Mil mean?
Vulcan Energy Resources (ASX:VUL) has a EBIT of A$-117.06 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vulcan Energy Resources.
Is Vulcan Energy Resources' EBIT too high?
Vulcan Energy Resources' current EBIT is A$-117.06 Mil. Overall, Vulcan Energy Resources has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Energy Resources' EBIT compare to competitors?
Vulcan Energy Resources' EBIT of A$-117.06 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 Vulcan Energy Resources. Vulcan Energy Resources's current EBIT is A$-117.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Energy Resources stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Energy Resources (ASX:VUL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$3.48, compared to a current price of A$3.12 — trading 10.3% below its estimated fair value. The current EBIT is A$-117.06 Mil. Vulcan Energy Resources' overall GF Score™ is 57/100 with 2 warning signs 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 Vulcan Energy Resources (ASX:VUL), the current EBIT is A$-117.06 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 Vulcan Energy Resources (ASX:VUL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Energy Resources stock appears to be undervalued. The current stock price of A$3.12 is trading 10.3% below its estimated GF Value™ of A$3.48. GuruFocus considers Vulcan Energy Resources to be Modestly Undervalued.

Key valuation signals for ASX:VUL:

  • EBIT: A$-117.06 Mil
  • GF Value™: A$3.48 vs. price of A$3.12 (10.3% below fair value)
  • GF Score™: 57/100 with 2 warning signs

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

Vulcan Energy Resources Business Description

Other Exchanges VULNF:USAVUL:Germany
Address 1 Spring Street, Level 11, Perth, WA, AUS, 6000
Website https://v-er.eu
Vulcan Energy Resources Ltd is engaged in geothermal energy and lithium exploration and production. The company's Lionheart Project is an integrated lithium and renewable energy project that produces battery-quality lithium from naturally heated subsurface brine in the Upper Rhine Valley, to deliver a local source of sustainable lithium for the European battery industry, with a co-product of renewable energy for local heating needs. It has developed an aluminate-based sorbent, VULSORB, to produce lithium from subsurface brine and harnesses geothermal energy from its operations in the Upper Rhine Valley. The company has three operating segments based on geographical location: Germany, which derives the maximum revenue, other European countries, and Australia.
57GF Score

Get the complete analysis for ASX:VUL

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

A$3.12
Price
A$3.48
GF Value