Four Nines Gold (FRA:F8NA) EBIT: €-0.13 Mil (TTM As of Jan. 2026)


FRA:F8NA Four Nines Gold Inc FRA:F8NA
12 GF Score
Price €0.29
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What is Four Nines Gold EBIT?

Four Nines Gold FRA:F8NA -3.29% 12 EBIT is €-0.13 Mil as of Jan. 2026. GuruFocus rates FRA:F8NA with a GF Score™ of 12/100.

Four Nines Gold's earnings before interest and taxes (EBIT) for the three months ended in Jan. 2026 was €-0.03 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2026 was €-0.13 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Four Nines Gold's annualized ROC % for the quarter that ended in Jan. 2026 was -12.12%. Four Nines Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -13.77%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Four Nines Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was -0.62%.

Four Nines Gold  (FRA:F8NA) EBIT Explanation

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

Four Nines Gold's annualized ROC % for the quarter that ended in Jan. 2026 is calculated as:

ROC % (Q: Jan. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Jan. 2026 ))/ count )
=-0.112 * ( 1 - 0% )/( (0.912 + 0.936)/ 2 )
=-0.112/0.924
=-12.12 %

where

Invested Capital(Q: Oct. 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))
=0.831 - 0.273 - ( 0.001 - max(0, 0.368 - 0.014+0.001))
=0.912

Invested Capital(Q: Jan. 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))
=0.826 - 0.287 - ( 0.002 - max(0, 0.414 - 0.017+0.002))
=0.936

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

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

Four Nines Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jan. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Jan. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.112/( ( (0.817 + max(-0.274, 0)) + (0.81 + max(-0.286, 0)) )/ 2 )
=-0.112/( ( 0.817 + 0.81 )/ 2 )
=-0.112/0.8135
=-13.77 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + -0.001) - (0.273 + 0 + 0)
=-0.274

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.287 + 0 + 0)
=-0.286

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jan. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jan. 2026 )
=-0.133/21.435
=-0.62 %

* 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.

Four Nines Gold EBIT Related Terms

Four Nines Gold EBIT Historical Data

* Premium members only.

The historical data trend for Four Nines 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.

Four Nines Gold EBIT Chart

Four Nines Gold Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.34 -0.35 -0.25 -0.13

Four Nines Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -0.05 -0.03 -0.03 -0.03

FRA:F8NA vs NEM, AU: EBIT Comparison

For the Gold subindustry, Four Nines 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.

Four Nines Gold EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:F8NA
12GF Score
Four Nines Gold Inc FRA:F8NA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Four Nines 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 Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.13 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 €-0.13 Mil mean?
Four Nines Gold (FRA:F8NA) has a EBIT of €-0.13 Mil as of Jan. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Four Nines Gold.
Is Four Nines Gold's EBIT too high?
Four Nines Gold's current EBIT is €-0.13 Mil. Overall, Four Nines Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Four Nines Gold's EBIT compare to NEM and AU?
Four Nines Gold's EBIT of €-0.13 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 Four Nines Gold. Four Nines Gold's current EBIT is €-0.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Four Nines Gold stock overvalued right now?
Four Nines Gold (FRA:F8NA) has a current EBIT of €-0.13 Mil. The current EBIT is €-0.13 Mil. Four Nines Gold's 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 Four Nines Gold (FRA:F8NA), the current EBIT is €-0.13 Mil as of Jan. 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.

Four Nines Gold Business Description

Other Exchanges FNAUF:USAFNAU:Canada
Address 409 Granville Street, Suite 1600, Vancouver, BC, CAN, V6C 1T2
Four Nines Gold Inc is engaged in the acquisition, exploration, and evaluation of mineral properties. Its project includes the Hayden Hill gold-silver project in Northern California. Geographically, the company has its presence in Canada and the United States of America.
12GF Score

Get the complete analysis for FRA:F8NA

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

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