PT Merdeka Gold Resources Tbk (FRA:8ZS) EBIT: €-11.66 Mil (TTM As of Mar. 2026)


FRA:8ZS PT Merdeka Gold Resources Tbk FRA:8ZS
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What is PT Merdeka Gold Resources Tbk EBIT?

PT Merdeka Gold Resources Tbk FRA:8ZS +0.63% 1 EBIT is €-11.66 Mil as of Mar. 2026. GuruFocus rates FRA:8ZS with a GF Score™ of 1/100. The stock has 1 warning sign investors should review.

PT Merdeka Gold Resources Tbk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-5.89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-11.66 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Merdeka Gold Resources Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was -3.67%. PT Merdeka Gold Resources Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.19%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Merdeka Gold Resources Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.27%.

PT Merdeka Gold Resources Tbk  (FRA:8ZS) EBIT Explanation

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

PT Merdeka Gold Resources Tbk'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 )
=-25.052 * ( 1 - 5.65% )/( (615.965 + 673.529)/ 2 )
=-23.636562/644.747
=-3.67 %

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))
=632.505 - 22.193 - ( 38.693 - max(0, 57.944 - 52.291+38.693))
=615.965

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))
=700.052 - 18.632 - ( 41.874 - max(0, 65.232 - 73.123+41.874))
=673.529

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

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

PT Merdeka Gold Resources Tbk'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 )
=-23.552/( ( (540.93 + max(-35.391, 0)) + (584.398 + max(-23.779, 0)) )/ 2 )
=-23.552/( ( 540.93 + 584.398 )/ 2 )
=-23.552/562.664
=-4.19 %

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)
=(0.008 + 8.98 + 4.534) - (22.193 + 0 + 26.72)
=-35.391

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 27.147 + 3.923) - (18.632 + 0 + 36.217)
=-23.779

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-11.658/4284.234
=-0.27 %

* 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.

PT Merdeka Gold Resources Tbk EBIT Related Terms

PT Merdeka Gold Resources Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Merdeka Gold Resources Tbk'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.

PT Merdeka Gold Resources Tbk EBIT Chart

PT Merdeka Gold Resources Tbk Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
-9.80 -1.04 5.26 -9.99

PT Merdeka Gold Resources Tbk Quarterly Data
Dec22 Dec23 Mar24 Dec24 Mar25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial -0.16 -2.75 0.00 -5.77 -5.89

FRA:8ZS vs NEM, AU, RGLD: EBIT Comparison

For the Gold subindustry, PT Merdeka Gold Resources Tbk'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.

PT Merdeka Gold Resources Tbk EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:8ZS
1GF Score
PT Merdeka Gold Resources Tbk FRA:8ZS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Merdeka Gold Resources Tbk 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 €-11.66 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 €-11.66 Mil mean?
PT Merdeka Gold Resources Tbk (FRA:8ZS) has a EBIT of €-11.66 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Merdeka Gold Resources Tbk.
Is PT Merdeka Gold Resources Tbk's EBIT too high?
PT Merdeka Gold Resources Tbk's current EBIT is €-11.66 Mil. Overall, PT Merdeka Gold Resources Tbk has a GF Score™ of 1/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Gold Resources Tbk's EBIT compare to NEM and AU?
PT Merdeka Gold Resources Tbk's EBIT of €-11.66 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 PT Merdeka Gold Resources Tbk. PT Merdeka Gold Resources Tbk's current EBIT is €-11.66 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Gold Resources Tbk stock overvalued right now?
PT Merdeka Gold Resources Tbk (FRA:8ZS) has a current EBIT of €-11.66 Mil. The current EBIT is €-11.66 Mil. PT Merdeka Gold Resources Tbk's overall GF Score™ is 1/100 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 PT Merdeka Gold Resources Tbk (FRA:8ZS), the current EBIT is €-11.66 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.

PT Merdeka Gold Resources Tbk Business Description

Address Jl. Jend. Sudirman, Kav. 52-53, Senayan, Treasury Tower, Lantai 67/67th Floor, District 8 SCBD Lot. 28, Kebayoran Baru, Jakarta Selatan, IDN, 12190
PT Merdeka Gold Resources Tbk operates as a holding company overseeing a group engaged in gold mining and associated minerals, processing operations, and other vertically integrated related activities. Its products include gold products in the form of semi-finished gold bars produced from gold mining and ore processing activities, by-products derived from the gold processing activities, including silver contained in the dore bullion, integrated mining services and activities, covering exploration, mining, processing, and initial refining activities conducted through EMAS Group, and supporting mining-related services, including mine management, mining infrastructure, and other related activities within a vertically integrated value chain. It operates in single segment.
1GF Score

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

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