African Pioneer (LSE:AFP) EBIT: £-0.56 Mil (TTM As of Dec. 2025)


What is African Pioneer EBIT?

African Pioneer LSE:AFP +5.63% EBIT is £-0.56 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

African Pioneer's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was £-0.22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.56 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. African Pioneer's annualized ROC % for the quarter that ended in Dec. 2025 was -9.69%. African Pioneer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -8.10%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. African Pioneer's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -6.47%.

African Pioneer  (LSE:AFP) EBIT Explanation

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

African Pioneer's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-0.562 * ( 1 - 0% )/( (5.455 + 6.147)/ 2 )
=-0.562/5.801
=-9.69 %

where

Invested Capital(Q: Jun. 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))
=5.55 - 0.769 - ( 0.069 - max(0, 0.769 - 0.095+0.069))
=5.455

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))
=5.653 - 0.648 - ( 0.023 - max(0, 1.186 - 0.044+0.023))
=6.147

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

African Pioneer's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.448/( ( (5.455 + max(-0.743, 0)) + (5.609 + max(-1.075, 0)) )/ 2 )
=-0.448/( ( 5.455 + 5.609 )/ 2 )
=-0.448/5.532
=-8.10 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.026 + 0 + 0) - (0.769 + 0 + 0)
=-0.743

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.02) - (0.648 + 0 + 0.447)
=-1.075

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-0.557/8.613
=-6.47 %

* 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.

African Pioneer EBIT Related Terms

African Pioneer EBIT Historical Data

* Premium members only.

The historical data trend for African Pioneer'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.

African Pioneer EBIT Chart

African Pioneer Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 0.40 -0.67 -0.69 -0.65 -0.56

African Pioneer Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.39 -0.32 -0.33 -0.33 -0.22

African Pioneer EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Pioneer'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.

African Pioneer EV-to-EBIT vs Metals & Mining Industry

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

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


African Pioneer 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-0.56 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 £-0.56 Mil mean?
African Pioneer (LSE:AFP) has a EBIT of £-0.56 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on African Pioneer.
Is African Pioneer's EBIT too high?
African Pioneer's current EBIT is £-0.56 Mil.
How does African Pioneer's EBIT compare to competitors?
African Pioneer's EBIT of £-0.56 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 African Pioneer. African Pioneer's current EBIT is £-0.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Pioneer stock overvalued right now?
African Pioneer (LSE:AFP) has a current EBIT of £-0.56 Mil. The current EBIT is £-0.56 Mil. 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 African Pioneer (LSE:AFP), the current EBIT is £-0.56 Mil as of Dec. 2025. 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.

African Pioneer Business Description

Address 19-21 Circular Road, Douglas, IMN, IM1 1AF
African Pioneer PLC is engaged in exploring opportunities within the natural resources sector in Sub-Saharan Africa, with a focus on base and precious metals, including but not limited to copper, nickel, and zinc. The company tends to enhance the value of its mineral resource Projects located in Namibia, Zambia, and Botswana through exploration and technical studies conducted by the company or through a joint venture or other arrangements to establish the projects. Its project portfolio comprises the Ongombo and Ongeama projects, Kalahari Copper Belt, Limpopo Mobile Belt, Central African Copperbelt, and the Zambezi Belt Copper and Gold projects.