CHMJF (Waverunner Capital) EBIT: $-0.14 Mil (TTM As of Mar. 2026)


What is Waverunner Capital EBIT?

Waverunner Capital CHMJF EBIT is $-0.14 Mil as of Mar. 2026. The stock has 1 warning sign investors should review.

Waverunner Capital's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.14 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Waverunner Capital's annualized ROC % for the quarter that ended in Mar. 2026 was -231.33%. Waverunner Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Waverunner Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -15.29%.

Waverunner Capital  (OTCPK:CHMJF) EBIT Explanation

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

Waverunner Capital'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 )
=-0.096 * ( 1 - 0% )/( (0.043 + 0.04)/ 2 )
=-0.096/0.0415
=-231.33 %

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))
=0.264 - 0.403 - ( 0.218 - max(0, 0.403 - 0.221+0.218))
=0.043

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))
=0.096 - 0.267 - ( 0.052 - max(0, 0.267 - 0.056+0.052))
=0.04

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

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

Waverunner Capital'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 )
=-0.104/( ( (0 + max(-0.403, 0)) + (0 + max(-0.267, 0)) )/ 2 )
=-0.104/( ( 0 + 0 )/ 2 )
=-0.104/0
= %

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 + 0 + 0) - (0.403 + 0 + 0)
=-0.403

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 6.9388939039072E-18) - (0.267 + 0 + 0)
=-0.267

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:

Waverunner Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-0.141/0.922
=-15.29 %

* 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.

Waverunner Capital EBIT Related Terms

Waverunner Capital EBIT Historical Data

* Premium members only.

The historical data trend for Waverunner Capital'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.

Waverunner Capital EBIT Chart

Waverunner Capital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.15 -1.12 -0.15 -2.45 -0.38

Waverunner Capital 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 -0.11 -0.08 -0.02 -0.02 -0.03

CHMJF vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Waverunner Capital'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.

Waverunner Capital EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Waverunner Capital's EV-to-EBIT distribution charts can be found below:

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


Waverunner Capital 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 $-0.14 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 $-0.14 Mil mean?
Waverunner Capital (CHMJF) has a EBIT of $-0.14 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Waverunner Capital.
Is Waverunner Capital's EBIT too high?
Waverunner Capital's current EBIT is $-0.14 Mil.
How does Waverunner Capital's EBIT compare to BLK and BX?
Waverunner Capital's EBIT of $-0.14 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good EBIT depends on the Asset Management 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 Waverunner Capital. Waverunner Capital's current EBIT is $-0.14 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waverunner Capital stock overvalued right now?
Waverunner Capital (CHMJF) has a current EBIT of $-0.14 Mil. The current EBIT is $-0.14 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 Waverunner Capital (CHMJF), the current EBIT is $-0.14 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.

Waverunner Capital Business Description

Other Exchanges WRUN:Canada
Address 828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7P 3R9
Waverunner Capital Inc is a venture capital investment company that focuses on opportunistic investments across a broad range of industries, and is seeking to invest in early stage, helping companies where it may be the primary investor and can additionally provide investees with advisory services, mentoring and access to the company's management expertise. The Company operates in one reportable segment, being the business of investment in early stage companies.