Torex Gold Resources (FRA:73GN) EBIT: €647 Mil (TTM As of Mar. 2026)


FRA:73GN Torex Gold Resources Inc FRA:73GN
95 GF Score
Price €34.27
GF Value €28.33
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Torex Gold Resources EBIT?

Torex Gold Resources FRA:73GN +3.19% 95 EBIT is €647 Mil as of Mar. 2026. GuruFocus rates FRA:73GN with a GF Score™ of 95/100 and a GF Value™ of €28.33 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Torex Gold Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €253 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €647 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Torex Gold Resources's annualized ROC % for the quarter that ended in Mar. 2026 was 31.40%. Torex Gold Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 50.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Torex Gold Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.80%.


Torex Gold Resources  (FRA:73GN) EBIT Explanation

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

Torex Gold Resources'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 )
=1012.048 * ( 1 - 30.58% )/( (2249.521 + 2225.559)/ 2 )
=702.5637216/2237.54
=31.40 %

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))
=2583.692 - 279.002 - ( 102.053 - max(0, 347.236 - 402.405+102.053))
=2249.521

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))
=2600.017 - 267.198 - ( 112.45 - max(0, 288.045 - 395.305+112.45))
=2225.559

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

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

Torex Gold Resources'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 )
=1012.048/( ( (1980.768 + max(-68.832, 0)) + (2016.142 + max(-32.784, 0)) )/ 2 )
=1012.048/( ( 1980.768 + 2016.142 )/ 2 )
=1012.048/1998.455
=50.64 %

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)
=(62.171 + 162.687 + 22.375) - (279.002 + 0 + 37.063)
=-68.832

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(44.547 + 157.862 + 32.092) - (267.198 + 0 + 0.087000000000046)
=-32.784

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=647.474/3269.296
=19.80 %

* 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.


Torex Gold Resources EBIT Related Terms


Torex Gold Resources EBIT Historical Data

* Premium members only.

The historical data trend for Torex Gold 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.

Torex Gold Resources EBIT Chart

Torex Gold Resources 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 231.43 270.55 211.28 334.92 439.98

Torex Gold Resources 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 50.04 69.71 154.64 170.12 253.01

FRA:73GN vs NEM, AU: EBIT Comparison

For the Gold subindustry, Torex Gold 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.


Torex Gold Resources EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:73GN
95GF Score
Torex Gold Resources Inc FRA:73GN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Torex Gold 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €647 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 €647 Mil mean?
Torex Gold Resources (FRA:73GN) has a EBIT of €647 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Torex Gold Resources.
Is Torex Gold Resources' EBIT too high?
Torex Gold Resources' current EBIT is €647 Mil. Overall, Torex Gold Resources has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' EBIT compare to NEM and AU?
Torex Gold Resources' EBIT of €647 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 Torex Gold Resources. Torex Gold Resources's current EBIT is €647 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (FRA:73GN) is currently considered Modestly Overvalued. The stock's GF Value™ is €28.33, compared to a current price of €34.27 — trading 21% above its estimated fair value. The current EBIT is €647 Mil. Torex Gold Resources' overall GF Score™ is 95/100 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 Torex Gold Resources (FRA:73GN), the current EBIT is €647 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.

Is Torex Gold Resources (FRA:73GN) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of €34.27 is trading 21% above its estimated GF Value™ of €28.33. GuruFocus considers Torex Gold Resources to be Modestly Overvalued.

Key valuation signals for FRA:73GN:

  • EBIT: €647 Mil
  • GF Value™: €28.33 vs. price of €34.27 (21% above fair value)
  • GF Score™: 95/100 with 2 warning signs

No single metric tells the full story. See the FRA:73GN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Torex Gold Resources Business Description

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2
Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
95GF Score

Get the complete analysis for FRA:73GN

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

€34.27
Price
€28.33
GF Value