Aurora Cannabis (HAM:21P) EBIT: €-33.9 Mil (TTM As of Mar. 2026)


HAM:21P Aurora Cannabis Inc HAM:21P
49 GF Score
Price €2.46
GF Value €3.76
Valuation Possible Value Trap
! 2 Warning Signs
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What is Aurora Cannabis EBIT?

Aurora Cannabis HAM:21P -0.16% 49 EBIT is €-33.9 Mil as of Mar. 2026. GuruFocus rates HAM:21P with a GF Score™ of 49/100 and a GF Value™ of €3.76 (Possible Value Trap). The stock has 2 warning signs investors should review.

Aurora Cannabis's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €4.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-33.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aurora Cannabis's annualized ROC % for the quarter that ended in Mar. 2026 was -7.96%. Aurora Cannabis's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aurora Cannabis's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -34.68%.


Aurora Cannabis  (HAM:21P) EBIT Explanation

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

Aurora Cannabis'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 )
=-25.296 * ( 1 - 0% )/( (366.729 + 268.978)/ 2 )
=-25.296/317.8535
=-7.96 %

where

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

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

Aurora Cannabis'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 )
=17.956/( ( (160.406 + max(160.49, 0)) + (77.981 + max(136.646, 0)) )/ 2 )
=17.956/( ( 320.896 + 214.627 )/ 2 )
=17.956/267.7615
=6.71 %

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)
=(27.354 + 142.732 + 38.777) - (46.089 + 1.185 + 1.099)
=160.49

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.458 + 110.379 + 38.394) - (36.284 + 0.801 + 1.5)
=136.646

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-33.917/97.813
=-34.68 %

* 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.


Aurora Cannabis EBIT Related Terms


Aurora Cannabis EBIT Historical Data

* Premium members only.

The historical data trend for Aurora Cannabis'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.

Aurora Cannabis EBIT Chart

Aurora Cannabis Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Mar24 Mar25 Mar26
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -430.19 -1,217.82 -29.80 21.79 -34.50

Aurora Cannabis 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 -3.87 -11.17 -27.56 0.33 4.49

HAM:21P vs ZTS: EBIT Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Aurora Cannabis'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.


Aurora Cannabis EV-to-EBIT vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Aurora Cannabis's EV-to-EBIT distribution charts can be found below:

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


HAM:21P
49GF Score
Aurora Cannabis Inc HAM:21P
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Aurora Cannabis 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 €-33.9 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 €-33.9 Mil mean?
Aurora Cannabis (HAM:21P) has a EBIT of €-33.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Aurora Cannabis.
Is Aurora Cannabis' EBIT too high?
Aurora Cannabis' current EBIT is €-33.9 Mil. Overall, Aurora Cannabis has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Cannabis' EBIT compare to ZTS?
Aurora Cannabis' EBIT of €-33.9 Mil can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good EBIT depends on the Drug Manufacturers 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 Aurora Cannabis. Aurora Cannabis's current EBIT is €-33.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora Cannabis stock overvalued right now?
Based on GuruFocus' analysis, Aurora Cannabis (HAM:21P) is currently considered Possible Value Trap. The stock's GF Value™ is €3.76, compared to a current price of €2.46 — trading 34.5% below its estimated fair value. The current EBIT is €-33.9 Mil. Aurora Cannabis' overall GF Score™ is 49/100 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 Aurora Cannabis (HAM:21P), the current EBIT is €-33.9 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 Aurora Cannabis (HAM:21P) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora Cannabis stock appears to be undervalued. The current stock price of €2.46 is trading 34.5% below its estimated GF Value™ of €3.76. GuruFocus considers Aurora Cannabis to be Possible Value Trap.

Key valuation signals for HAM:21P:

  • EBIT: €-33.9 Mil
  • GF Value™: €3.76 vs. price of €2.46 (34.5% below fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the HAM:21P stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aurora Cannabis Business Description

Address 90B Street SW, Suite 2207, Edmonton, AB, CAN, T6X 1V8
Aurora Cannabis Inc is focused on the production, distribution, and sale of cannabis products in Canada and internationally. The Company conducts the production, distribution, and sale of medical cannabis products and, on a very limited basis, consumer cannabis products in Canada pursuant to the Cannabis Act; the production and distribution of wholesale medical cannabis in the European Union pursuant to the German Medicinal Products Act and German Narcotic Drugs Act; and the distribution of wholesale medical cannabis in various international markets, including Australia and New Zealand. Its segments are Canadian Cannabis CGU, European Cannabis CGU, Australia Cannabis CGU, and New Zealand Cannabis CGU, with Canada generating majority revenue.
49GF Score

Get the complete analysis for HAM:21P

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

€2.46
Price
€3.76
GF Value