Cameco (MEX:CCJN) EBIT: MXN12,456 Mil (TTM As of Mar. 2026)


MEX:CCJN Cameco Corp MEX:CCJN
54 GF Score
Price MXN1,900.00
GF Value MXN1,144.59
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Cameco EBIT?

Cameco MEX:CCJN 54 EBIT is MXN12,456 Mil as of Mar. 2026. GuruFocus rates MEX:CCJN with a GF Score™ of 54/100 and a GF Value™ of MXN1,144.59 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Cameco's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN2,440 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN12,456 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cameco's annualized ROC % for the quarter that ended in Mar. 2026 was 6.32%. Cameco's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.36%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cameco's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.58%.


Cameco  (MEX:CCJN) EBIT Explanation

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

Cameco'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 )
=8629.828 * ( 1 - 19.74% )/( (107015.439 + 112138.343)/ 2 )
=6926.2999528/109576.891
=6.32 %

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))
=134455.812 - 11588.792 - ( 15851.581 - max(0, 13968.429 - 34447.926+15851.581))
=107015.439

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))
=132820.115 - 6096.314 - ( 14585.458 - max(0, 9555.675 - 29411.307+14585.458))
=112138.343

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

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

Cameco'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 )
=9760.58/( ( (43400.028 + max(3675.121, 0)) + (44171.743 + max(4634.508, 0)) )/ 2 )
=9760.58/( ( 47075.149 + 48806.251 )/ 2 )
=9760.58/47940.7
=20.36 %

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)
=(4417.25 + 13226.299 + 0.00099999999656575) - (11588.792 + 0 + 2379.637)
=3675.121

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2369.775 + 11820.409 + -0.00099999999656575) - (6096.314 + 0 + 3459.361)
=4634.508

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=12455.845/790547.830
=1.58 %

* 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.


Cameco EBIT Related Terms


Cameco EBIT Historical Data

* Premium members only.

The historical data trend for Cameco'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.

Cameco EBIT Chart

Cameco 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 -691.45 2,207.68 7,328.15 5,634.13 11,394.43

Cameco 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 2,118.07 5,708.25 380.49 3,926.97 2,440.15

MEX:CCJN vs UEC, LEU: EBIT Comparison

For the Uranium subindustry, Cameco'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.


Cameco EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's EV-to-EBIT distribution charts can be found below:

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


MEX:CCJN
54GF Score
Cameco Corp MEX:CCJN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cameco 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 MXN12,456 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 MXN12,456 Mil mean?
Cameco (MEX:CCJN) has a EBIT of MXN12,456 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cameco.
Is Cameco's EBIT too high?
Cameco's current EBIT is MXN12,456 Mil. Overall, Cameco has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cameco's EBIT compare to UEC and LEU?
Cameco's EBIT of MXN12,456 Mil can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good EBIT depends on the Other Energy Sources 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 Cameco. Cameco's current EBIT is MXN12,456 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cameco stock overvalued right now?
Based on GuruFocus' analysis, Cameco (MEX:CCJN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,144.59, compared to a current price of MXN1,900.00 — trading 66% above its estimated fair value. The current EBIT is MXN12,456 Mil. Cameco's overall GF Score™ is 54/100 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 Cameco (MEX:CCJN), the current EBIT is MXN12,456 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 Cameco (MEX:CCJN) Overvalued in 2026?

Based on GuruFocus' analysis, Cameco stock appears to be overvalued. The current stock price of MXN1,900.00 is trading 66% above its estimated GF Value™ of MXN1,144.59. GuruFocus considers Cameco to be Significantly Overvalued.

Key valuation signals for MEX:CCJN:

  • EBIT: MXN12,456 Mil
  • GF Value™: MXN1,144.59 vs. price of MXN1,900.00 (66% above fair value)
  • GF Score™: 54/100 with 2 warning signs

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


Cameco Business Description

Address 11th Street West, Suite 2121, Saskatoon, SK, CAN, S7M 1J3
Cameco Corp is a provider of uranium needed to generate clean, reliable baseload electricity around the globe and is one of those uranium producers. It has three reportable segments: Uranium, Fuel Services, and Westinghouse, deriving maximum revenue from the Westinghouse segment. The Uranium segment involves the exploration for, mining, milling, purchase, and sale of uranium concentrate, while the Fuel Services segment involves the refining, conversion, and fabrication of uranium concentrate and the purchase and sale of conversion services. Westinghouse Electric Company provides products and services to nuclear reactors, including outage and maintenance services, engineering support, instrumentation and controls equipment, plant modification, and components and parts.
54GF Score

Get the complete analysis for MEX:CCJN

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

MXN1,900.00
Price
MXN1,144.59
GF Value