Hudbay Minerals (FRA:OCKA) EBIT: €1,003 Mil (TTM As of Mar. 2026)


FRA:OCKA Hudbay Minerals Inc FRA:OCKA
77 GF Score
Price €20.39
GF Value €8.82
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hudbay Minerals EBIT?

Hudbay Minerals FRA:OCKA -7.32% 77 EBIT is €1,003 Mil as of Mar. 2026. GuruFocus rates FRA:OCKA with a GF Score™ of 77/100 and a GF Value™ of €8.82 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Hudbay Minerals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €311 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €1,003 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hudbay Minerals's annualized ROC % for the quarter that ended in Mar. 2026 was 11.59%. Hudbay Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hudbay Minerals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.57%.


Hudbay Minerals  (FRA:OCKA) EBIT Explanation

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

Hudbay Minerals'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 )
=1046.996 * ( 1 - 43.51% )/( (4977.71 + 5225.983)/ 2 )
=591.4480404/5101.8465
=11.59 %

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))
=5314.698 - 393.011 - ( 485.841 - max(0, 1049.31 - 993.287+485.841))
=4977.71

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))
=5965.818 - 387.52 - ( 868.287 - max(0, 989.992 - 1342.307+868.287))
=5225.983

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

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

Hudbay Minerals'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 )
=1245.944/( ( (4008.591 + max(-145.95, 0)) + (4110.912 + max(-122.483, 0)) )/ 2 )
=1245.944/( ( 4008.591 + 4110.912 )/ 2 )
=1245.944/4059.7515
=30.69 %

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)
=(293.605 + 170.117 + 13.663) - (393.011 + 47.055 + 183.269)
=-145.95

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.639 + 152.067 + 32.265) - (387.52 + 31.572 + 137.362)
=-122.483

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1002.846/9487.831
=10.57 %

* 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.


Hudbay Minerals EBIT Related Terms


Hudbay Minerals EBIT Historical Data

* Premium members only.

The historical data trend for Hudbay 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.

Hudbay Minerals EBIT Chart

Hudbay Minerals 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 -75.53 180.55 236.31 336.45 855.37

Hudbay Minerals 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 179.91 152.77 300.50 238.10 311.49

FRA:OCKA vs SCCO, FCX: EBIT Comparison

For the Copper subindustry, Hudbay 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.


Hudbay Minerals EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:OCKA
77GF Score
Hudbay Minerals Inc FRA:OCKA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hudbay 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,003 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 €1,003 Mil mean?
Hudbay Minerals (FRA:OCKA) has a EBIT of €1,003 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hudbay Minerals.
Is Hudbay Minerals' EBIT too high?
Hudbay Minerals' current EBIT is €1,003 Mil. Overall, Hudbay Minerals has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hudbay Minerals' EBIT compare to SCCO and FCX?
Hudbay Minerals' EBIT of €1,003 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 Hudbay Minerals. Hudbay Minerals's current EBIT is €1,003 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hudbay Minerals stock overvalued right now?
Based on GuruFocus' analysis, Hudbay Minerals (FRA:OCKA) is currently considered Significantly Overvalued. The stock's GF Value™ is €8.82, compared to a current price of €20.39 — trading 131.2% above its estimated fair value. The current EBIT is €1,003 Mil. Hudbay Minerals' overall GF Score™ is 77/100 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 Hudbay Minerals (FRA:OCKA), the current EBIT is €1,003 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 Hudbay Minerals (FRA:OCKA) Overvalued in 2026?

Based on GuruFocus' analysis, Hudbay Minerals stock appears to be overvalued. The current stock price of €20.39 is trading 131.2% above its estimated GF Value™ of €8.82. GuruFocus considers Hudbay Minerals to be Significantly Overvalued.

Key valuation signals for FRA:OCKA:

  • EBIT: €1,003 Mil
  • GF Value™: €8.82 vs. price of €20.39 (131.2% above fair value)
  • GF Score™: 77/100 with 2 warning signs

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


Hudbay Minerals Business Description

Address 25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a copper-focused critical minerals company with three long-life operations and a pipeline of copper growth projects in Canada, Peru, and the United States. Its operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada), and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by gold, zinc, silver, and molybdenum production. Hudbay's growth pipeline includes the Copper World project and the Mason project in the USA, and the Llaguen project in Peru. The company's reportable segments are: Peru, which generates the maximum revenue, Manitoba, British Columbia, and Arizona. Geographically, it generates maximum revenue from China and Canada.
77GF Score

Get the complete analysis for FRA:OCKA

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

€20.39
Price
€8.82
GF Value