Headwater Gold (FRA:997) EBIT: €-1.05 Mil (TTM As of Nov. 2025)


FRA:997 Headwater Gold Inc FRA:997
14 GF Score
Price €0.27
! 2 Warning Signs
View Full Analysis

What is Headwater Gold EBIT?

Headwater Gold FRA:997 +13.22% 14 EBIT is €-1.05 Mil as of Nov. 2025. GuruFocus rates FRA:997 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Headwater Gold's earnings before interest and taxes (EBIT) for the three months ended in Nov. 2025 was €-0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Nov. 2025 was €-1.05 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Headwater Gold's annualized ROC % for the quarter that ended in Nov. 2025 was -34.33%. Headwater Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was -11.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Headwater Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was -4.68%.

Headwater Gold  (FRA:997) EBIT Explanation

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

Headwater Gold's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

ROC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=-1.588 * ( 1 - 0% )/( (4.803 + 4.448)/ 2 )
=-1.588/4.6255
=-34.33 %

where

Invested Capital(Q: Aug. 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))
=6.297 - 0.27 - ( 1.894 - max(0, 2.044 - 3.268+1.894))
=4.803

Invested Capital(Q: Nov. 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))
=6.466 - 0.998 - ( 1.385 - max(0, 2.25 - 3.27+1.385))
=4.448

Note: The Operating Income data used here is four times the quarterly (Nov. 2025) data.

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

Headwater Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.332/( ( (2.888 + max(-0.588, 0)) + (3.023 + max(-0.263, 0)) )/ 2 )
=-0.332/( ( 2.888 + 3.023 )/ 2 )
=-0.332/2.9555
=-11.23 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.055 + 0 + 1.319) - (0.27 + 0 + 1.692)
=-0.588

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.03 + 0 + 1.855) - (0.998 + 0 + 1.15)
=-0.263

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Nov. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Nov. 2025 )
=-1.046/22.364
=-4.68 %

* 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.

Headwater Gold EBIT Related Terms

Headwater Gold EBIT Historical Data

* Premium members only.

The historical data trend for Headwater Gold'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.

Headwater Gold EBIT Chart

Headwater Gold Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
EBIT
Get a 7-Day Free Trial 1.04 -2.25 -0.71 0.16 -2.79

Headwater Gold Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.20 -0.53 -0.21 -0.23 -0.08

FRA:997 vs NEM, AU: EBIT Comparison

For the Gold subindustry, Headwater Gold'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.

Headwater Gold EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:997
14GF Score
Headwater Gold Inc FRA:997
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Headwater Gold 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 Nov. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.05 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 €-1.05 Mil mean?
Headwater Gold (FRA:997) has a EBIT of €-1.05 Mil as of Nov. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Headwater Gold.
Is Headwater Gold's EBIT too high?
Headwater Gold's current EBIT is €-1.05 Mil. Overall, Headwater Gold has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Headwater Gold's EBIT compare to NEM and AU?
Headwater Gold's EBIT of €-1.05 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 Headwater Gold. Headwater Gold's current EBIT is €-1.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Gold stock overvalued right now?
Headwater Gold (FRA:997) has a current EBIT of €-1.05 Mil. The current EBIT is €-1.05 Mil. Headwater Gold's overall GF Score™ is 14/100 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 Headwater Gold (FRA:997), the current EBIT is €-1.05 Mil as of Nov. 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.

Headwater Gold Business Description

Other Exchanges HWAUF:USAHWG:Canada
Address 1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4
Headwater Gold Inc is a mineral exploration company focused on exploring high-grade precious metal deposits in the Western USA. It has acquired interests in a portfolio of mineral projects in Idaho and Nevada, and also holds other mineral projects through third-party agreements and property options, and certain projects are subject to NSRs. The company's project portfolio includes the Mahogany, Agate Point, Midas North, and Spring Peak projects.
14GF Score

Get the complete analysis for FRA:997

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

€0.27
Price