Afrika Gold AG (HAM:GOG) EBIT: €-0.38 Mil (TTM As of Jun. 2024)

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HAM:GOG Afrika Gold AG HAM:GOG
36 GF Score
Price €0.11
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What is Afrika Gold AG EBIT?

Afrika Gold AG HAM:GOG 36 EBIT is €-0.38 Mil as of Jun. 2024. GuruFocus rates HAM:GOG with a GF Score™ of 36/100.

Afrika Gold AG's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was €-0.38 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Afrika Gold AG's annualized ROC % for the quarter that ended in Jun. 2024 was -0.24%. Afrika Gold AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -12.45%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Afrika Gold AG  (HAM:GOG) EBIT Explanation

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

Afrika Gold AG's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-0.025 * ( 1 - 0% )/( (10.21 + 10.375)/ 2 )
=-0.025/10.2925
=-0.24 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=10.232 - 0.022 - ( 0 - max(0, 0.575 - 3.277+0))
=10.21

Invested Capital(Q: Jun. 2024 )
=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))
=10.404 - 0.029 - ( 0 - max(0, 0.703 - 3.352+0))
=10.375

Note: The Operating Income data used here is one times the annual (Jun. 2024) data.

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

Afrika Gold AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.377/( ( (0 + max(3.039, 0)) + (0 + max(3.016, 0)) )/ 2 )
=-0.377/( ( 3.039 + 3.016 )/ 2 )
=-0.377/3.0275
=-12.45 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.235 + 0 + 0) - (0.022 + 0 + 0.174)
=3.039

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.305 + 0 + 0) - (0.029 + 0 + 0.26)
=3.016

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-0.377/0.000
= %

* 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.

Afrika Gold AG EBIT Related Terms

Afrika Gold AG EBIT Historical Data

* Premium members only.

The historical data trend for Afrika Gold AG'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.

Afrika Gold AG EBIT Chart

Afrika Gold AG Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT
Get a 7-Day Free Trial -0.41 -0.13 -0.65 0.04 -0.38

Afrika Gold AG Semi-Annual Data
Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EBIT Get a 7-Day Free Trial -0.41 -0.13 -0.65 0.04 -0.38

Afrika Gold AG EBIT Competitor Comparison

For the Gold subindustry, Afrika Gold AG'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.

Afrika Gold AG EV-to-EBIT vs Metals & Mining Industry

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

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


HAM:GOG
36GF Score
Afrika Gold AG HAM:GOG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Afrika Gold AG 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was €-0.38 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 €-0.38 Mil mean?
Afrika Gold AG (HAM:GOG) has a EBIT of €-0.38 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Afrika Gold AG.
Is Afrika Gold AG's EBIT too high?
Afrika Gold AG's current EBIT is €-0.38 Mil. Overall, Afrika Gold AG has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Afrika Gold AG's EBIT compare to competitors?
Afrika Gold AG's EBIT of €-0.38 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 Afrika Gold AG. Afrika Gold AG's current EBIT is €-0.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afrika Gold AG stock overvalued right now?
Afrika Gold AG (HAM:GOG) has a current EBIT of €-0.38 Mil. The current EBIT is €-0.38 Mil. Afrika Gold AG's overall GF Score™ is 36/100. 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 Afrika Gold AG (HAM:GOG), the current EBIT is €-0.38 Mil as of Jun. 2024. 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.

Afrika Gold AG Business Description

Address Chaltenbodenstrasse 26, Schindellegi, CHE, 8834
Afrika Gold AG is a gold exploration and mining company.
36GF 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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