GSM (Ferroglobe) EBIT: $-27 Mil (TTM As of Jun. 2026)

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GSM Ferroglobe PLC GSM
67 GF Score
Price $4.49
GF Value $4.14
Valuation Fairly Valued
! 2 Warning Signs
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What is Ferroglobe EBIT?

Ferroglobe GSM +8.98% 67 EBIT is $-27 Mil as of Jun. 2026. GuruFocus rates GSM with a GF Score™ of 67/100 and a GF Value™ of $4.14 (Fairly Valued). The stock has 2 warning signs investors should review.

Ferroglobe's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was $64 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was $-27 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ferroglobe's annualized ROC % for the quarter that ended in Jun. 2026 was 18.70%. Ferroglobe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 41.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ferroglobe's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -2.83%.


Ferroglobe  (NAS:GSM) EBIT Explanation

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

Ferroglobe's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=227.82 * ( 1 - 0% )/( (1214.248 + 1222.813)/ 2 )
=227.82/1218.5305
=18.70 %

where

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))
=1521.092 - 210.612 - ( 96.232 - max(0, 532.033 - 760.175+96.232))
=1214.248

Invested Capital(Q: Jun. 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))
=1549.499 - 233.601 - ( 93.085 - max(0, 583.392 - 751.201+93.085))
=1222.813

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

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

Ferroglobe's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=256/( ( (480.827 + max(160.596, 0)) + (487.026 + max(118.597, 0)) )/ 2 )
=256/( ( 641.423 + 605.623 )/ 2 )
=256/623.523
=41.06 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(212.387 + 334.265 + 20.835) - (210.612 + 0 + 196.279)
=160.596

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(220.987 + 321.435 + 28.7) - (233.601 + 0 + 218.924)
=118.597

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=-27.476/969.734
=-2.83 %

* 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.


Ferroglobe EBIT Related Terms


Ferroglobe EBIT Historical Data

* Premium members only.

The historical data trend for Ferroglobe'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.

Ferroglobe EBIT Chart

Ferroglobe 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 -63.59 643.92 186.07 52.52 -157.72

Ferroglobe Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -9.95 -0.82 -85.43 -5.22 64.00

GSM vs NB, UAMY, ALOY: EBIT Comparison

For the Other Industrial Metals & Mining subindustry, Ferroglobe'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.


Ferroglobe EV-to-EBIT vs Metals & Mining Industry

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

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


GSM
67GF Score
Ferroglobe PLC GSM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ferroglobe 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-27 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 $-27 Mil mean?
Ferroglobe (GSM) has a EBIT of $-27 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ferroglobe.
Is Ferroglobe's EBIT too high?
Ferroglobe's current EBIT is $-27 Mil. Overall, Ferroglobe has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ferroglobe's EBIT compare to NB and UAMY?
Ferroglobe's EBIT of $-27 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 Ferroglobe. Ferroglobe's current EBIT is $-27 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ferroglobe stock overvalued right now?
Based on GuruFocus' analysis, Ferroglobe (GSM) is currently considered Fairly Valued. The stock's GF Value™ is $4.14, compared to a current price of $4.49 — trading 8.5% above its estimated fair value. The current EBIT is $-27 Mil. Ferroglobe's overall GF Score™ is 67/100 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 Ferroglobe (GSM), the current EBIT is $-27 Mil as of Jun. 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 Ferroglobe (GSM) Overvalued in 2026?

Based on GuruFocus' analysis, Ferroglobe stock appears to be overvalued. The current stock price of $4.49 is trading 8.5% above its estimated GF Value™ of $4.14. GuruFocus considers Ferroglobe to be Fairly Valued.

Key valuation signals for GSM:

  • EBIT: $-27 Mil
  • GF Value™: $4.14 vs. price of $4.49 (8.5% above fair value)
  • GF Score™: 67/100 with 2 warning signs

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


Ferroglobe Business Description

Other Exchanges 5FG:Germany
Address 13 Chesterfield Street, London, GBR, W1J 5JN
Ferroglobe PLC provides silicon-based alloys and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel, and ductile iron foundry industries. The company's operating segments include Canada - Silicon Metals, Canada - Silicon Alloys, U.S. - Silicon Metals, U.S. - Silicon Alloys, Europe - Manganese Alloys, Europe - Silicon Metals, Europe - Silicon Alloys, South Africa - Silicon Metals, South Africa - Silicon Alloys, and Other segments. The primary raw materials the company uses to produce its electrometallurgy products include its coal and quartz mining operations and its silicon metal and ferroalloy production. The firm generates key revenue from Silicon metal and Manganese-based alloys.
67GF Score

Get the complete analysis for GSM

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

$4.49
Price
$4.14
GF Value