MLMLF (McFarlane Lake Mining) EBIT: $-19.48 Mil (TTM As of Feb. 2026)

What is McFarlane Lake Mining EBIT?

McFarlane Lake Mining MLMLF +14.58% 19 EBIT is $-19.48 Mil as of Feb. 2026. GuruFocus rates MLMLF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review.

McFarlane Lake Mining's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2026 was $-3.00 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2026 was $-19.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. McFarlane Lake Mining's annualized ROC % for the quarter that ended in Feb. 2026 was -59.68%. McFarlane Lake Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. McFarlane Lake Mining's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -23.64%.

McFarlane Lake Mining (OTCPK:MLMLF) EBIT Explanation

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

McFarlane Lake Mining's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

	ROC % (Q: Feb. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Nov. 2025 )	+	Invested Capital (Q: Feb. 2026 ))	/ count )
=	-6.88 * ( 1 - 0% )	/	( (11.364	+	11.691)	/ 2 )
=	-6.88	/	11.5275
=	-59.68 %

where

	Invested Capital		(Q: Nov. 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	))
=	10.274	-	0.834	-	( 9.896	-	max(0, 12.198	-	10.274	+	9.896	))
=	11.364

	Invested Capital		(Q: Feb. 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	))
=	7.512	-	0.868	-	( 6.927	-	max(0, 12.559	-	7.512	+	6.927	))
=	11.691

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

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

McFarlane Lake Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Feb. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Nov. 2025		Q: Feb. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-11.98	/	( ( (0 + max(-0.725, 0))	+	(0 + max(-0.675, 0)) )	/	2 )
=	-11.98	/	( ( 0	+	0 )	/	2 )
=	-11.98	/	0
=	%

where Working Capital is:

	Working Capital		(Q: Nov. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.109)	-	(0.834	+	0	+	0)
=	-0.725

	Working Capital		(Q: Feb. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.192)	-	(0.868	+	0	+	-0.0010000000000012)
=	-0.675

When net working capital is negative, 0 is used.

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

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

McFarlane Lake Mining's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Feb. 2026 )
	=	-19.477	/	82.387
	=	-23.64 %

* 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.

McFarlane Lake Mining EBIT Related Terms

McFarlane Lake Mining EBIT Historical Data

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The historical data trend for McFarlane Lake Mining's EBIT can be seen below:

McFarlane Lake Mining EBIT Chart

McFarlane Lake Mining Annual Data

Trend

Aug22

Aug23

Aug24

Aug25

EBIT

-8.43

-3.46

-3.17

-2.18

McFarlane Lake Mining Quarterly Data
	Jun21	Sep21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
EBIT	Get a 7-Day Free Trial														-0.71	-0.61	-0.77	-15.11	-3.00

MLMLF vs NEM, AU: EBIT Comparison

For the Gold subindustry, McFarlane Lake Mining'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.

McFarlane Lake Mining EV-to-EBIT vs Metals & Mining Industry

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

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

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19GF Score

McFarlane Lake Mining Ltd MLMLF

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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McFarlane Lake Mining 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 Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19.48 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of $-19.48 Mil mean?

McFarlane Lake Mining (MLMLF) has a EBIT of $-19.48 Mil as of Feb. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on McFarlane Lake Mining.

Is McFarlane Lake Mining's EBIT too high?

McFarlane Lake Mining's current EBIT is $-19.48 Mil. Overall, McFarlane Lake Mining has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.

How does McFarlane Lake Mining's EBIT compare to NEM and AU?

McFarlane Lake Mining's EBIT of $-19.48 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 McFarlane Lake Mining. McFarlane Lake Mining's current EBIT is $-19.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is McFarlane Lake Mining stock overvalued right now?

McFarlane Lake Mining (MLMLF) has a current EBIT of $-19.48 Mil. The current EBIT is $-19.48 Mil. McFarlane Lake Mining's overall GF Score™ is 19/100 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 McFarlane Lake Mining (MLMLF), the current EBIT is $-19.48 Mil as of Feb. 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.

McFarlane Lake Mining Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:WVM XCNQ:NOM TSXV:YGT TSXV:FMAN TSXV:SGN TSXV:ABI TSXV:YARR TSXV:UGD TSX:ESM TSXV:EDG SHSE:601899 NEM TSX:AEM TSX:ABX TSX:WPM AU TSX:FNV HKSE:02259 TSX:K JSE:GFI

Other Exchanges W2Z:Germany MLM:Canada

Address 15 Kincora Court, Sudbury, ON, CAN, P3E 2B9

Website https://www.mcfarlanelakemining.com

McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include, Munro and McMillan, Juby Gold Project. The company has acquired six gold properties. It is a Canadian gold exploration and development company.

19GF Score

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