Black Bear Minerals (FRA:BL00) EBIT: €-3.32 Mil (TTM As of Dec. 2025)


FRA:BL00 Black Bear Minerals Ltd FRA:BL00
12 GF Score
Price €0.27
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What is Black Bear Minerals EBIT?

Black Bear Minerals FRA:BL00 -8.90% 12 EBIT is €-3.32 Mil as of Dec. 2025. GuruFocus rates FRA:BL00 with a GF Score™ of 12/100.

Black Bear Minerals's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €-2.28 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €-3.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Black Bear Minerals's annualized ROC % for the quarter that ended in Dec. 2025 was -25.43%. Black Bear Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -27.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Black Bear Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -9.47%.

Black Bear Minerals  (FRA:BL00) EBIT Explanation

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

Black Bear Minerals'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 )
=-4.732 * ( 1 - 0% )/( (8.368 + 28.843)/ 2 )
=-4.732/18.6055
=-25.43 %

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))
=11.106 - 0.383 - ( 2.515 - max(0, 0.383 - 2.738+2.515))
=8.368

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))
=33.065 - 0.562 - ( 7.264 - max(0, 4.163 - 7.823+7.264))
=28.843

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:

Black Bear Minerals'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 )
=-4.55/( ( (8.354 + max(-0.266, 0)) + (25.202 + max(-3.604, 0)) )/ 2 )
=-4.55/( ( 8.354 + 25.202 )/ 2 )
=-4.55/16.778
=-27.12 %

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)
=(0 + 0 + 0.117) - (0.383 + 0 + 0)
=-0.266

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.213 + 0 + 0.346) - (0.562 + 0 + 3.601)
=-3.604

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:

Black Bear Minerals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-3.319/35.060
=-9.47 %

* 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.

Black Bear Minerals EBIT Related Terms

Black Bear Minerals EBIT Historical Data

* Premium members only.

The historical data trend for Black Bear Minerals'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.

Black Bear Minerals EBIT Chart

Black Bear Minerals Annual Data
Trend Jun24 Jun25
EBIT
-3.57 -3.18

Black Bear Minerals Semi-Annual Data
Dec23 Jun24 Dec24 Jun25 Dec25
EBIT -2.33 -1.23 -2.29 -1.04 -2.28

Black Bear Minerals EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Black Bear Minerals'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.

Black Bear Minerals EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Black Bear Minerals's EV-to-EBIT falls into.


FRA:BL00
12GF Score
Black Bear Minerals Ltd FRA:BL00
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Bear Minerals 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 €-3.32 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 €-3.32 Mil mean?
Black Bear Minerals (FRA:BL00) has a EBIT of €-3.32 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Black Bear Minerals.
Is Black Bear Minerals' EBIT too high?
Black Bear Minerals' current EBIT is €-3.32 Mil. Overall, Black Bear Minerals has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Black Bear Minerals' EBIT compare to competitors?
Black Bear Minerals' EBIT of €-3.32 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 Black Bear Minerals. Black Bear Minerals's current EBIT is €-3.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Bear Minerals stock overvalued right now?
Black Bear Minerals (FRA:BL00) has a current EBIT of €-3.32 Mil. The current EBIT is €-3.32 Mil. Black Bear Minerals' overall GF Score™ is 12/100. 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 Black Bear Minerals (FRA:BL00), the current EBIT is €-3.32 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.

Black Bear Minerals Business Description

Other Exchanges BKBMF:USABKB:Australia
Address 1 Tully Road, Suite 1, East Perth, Perth, WA, AUS, 6004
Black Bear Minerals Ltd is an exploration and development company strategically focused on high-grade silver and gold projects within Tier-1 mining jurisdictions in North America. The company's core focus is driven by the rising demand for domestic supply of precious metals, particularly silver, a designated U.S. Critical Mineral. The company operates in two key assets: the Shafter Silver Project in Texas and the Independence Gold Project in Nevada. The Shafter Silver Project is permitted asset hosting 17.5 Moz of silver at 289 g/t, supported by existing mine and processing infrastructure. The Independence Gold Project, where a JORC resource was reported at 4.59 Mt @ 6.67 g/t Au for 984 koz Au (skarn) and 419 koz of near-surface gold has been outlined, highlights growth potential.
12GF 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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