MXROF (MAX Resource) EBIT: $-2.43 Mil (TTM As of Mar. 2026)


MXROF MAX Resource Corp MXROF
31 GF Score
Price $0.19
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What is MAX Resource EBIT?

MAX Resource MXROF 31 EBIT is $-2.43 Mil as of Mar. 2026. GuruFocus rates MXROF with a GF Score™ of 31/100. The stock has 1 warning sign investors should review.

MAX Resource's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $-0.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MAX Resource's annualized ROC % for the quarter that ended in Mar. 2026 was -22.98%. MAX Resource's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -23.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MAX Resource's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -24.36%.

MAX Resource  (OTCPK:MXROF) EBIT Explanation

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

MAX Resource'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 )
=-2.832 * ( 1 - 0% )/( (12.046 + 12.597)/ 2 )
=-2.832/12.3215
=-22.98 %

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))
=13.355 - 1.001 - ( 1.482 - max(0, 1.39 - 1.698+1.482))
=12.046

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))
=13.213 - 0.91 - ( 0.682 - max(0, 1.549 - 1.255+0.682))
=12.597

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

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

MAX Resource'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 )
=-2.832/( ( (11.656 + max(-1.177, 0)) + (11.958 + max(-0.987, 0)) )/ 2 )
=-2.832/( ( 11.656 + 11.958 )/ 2 )
=-2.832/11.807
=-23.99 %

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)
=(0.038 + 0 + 0.153) - (1.001 + 0.368 + -0.0010000000000001)
=-1.177

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.04 + 0 + 0.499) - (0.91 + 0.617 + -0.0010000000000001)
=-0.987

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-2.433/9.989
=-24.36 %

* 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.

MAX Resource EBIT Related Terms

MAX Resource EBIT Historical Data

* Premium members only.

The historical data trend for MAX Resource'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.

MAX Resource EBIT Chart

MAX Resource 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 -3.93 -4.16 -5.62 -3.98 -2.39

MAX Resource 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 -0.64 -0.47 -0.51 -0.75 -0.71

MXROF vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, MAX Resource'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.

MAX Resource EV-to-EBIT vs Metals & Mining Industry

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

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


MXROF
31GF Score
MAX Resource Corp MXROF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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MAX Resource 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 $-2.43 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 $-2.43 Mil mean?
MAX Resource (MXROF) has a EBIT of $-2.43 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MAX Resource.
Is MAX Resource's EBIT too high?
MAX Resource's current EBIT is $-2.43 Mil. Overall, MAX Resource has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does MAX Resource's EBIT compare to HL?
MAX Resource's EBIT of $-2.43 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 MAX Resource. MAX Resource's current EBIT is $-2.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MAX Resource stock overvalued right now?
MAX Resource (MXROF) has a current EBIT of $-2.43 Mil. The current EBIT is $-2.43 Mil. MAX Resource's overall GF Score™ is 31/100 with 1 warning sign 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 MAX Resource (MXROF), the current EBIT is $-2.43 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.

MAX Resource Business Description

Other Exchanges M1D:GermanyMAX:Canada
Address 1570-200 Burrard Street, Vancouver, BC, CAN, V6C 3L6
MAX Resource Corp is a mineral exploration company advancing the newly discovered district-scale Cesar copper-silver project. Its Cesar project sits along with the Colombian portion producing copper belt (Andean belt), with infrastructure and the presence of majors (Glencore and Chevron). The company holds a 100% interest in the RT Gold project in Peru. It has one operating segment which is the exploration of resource properties. The company has its geographical presence in Canada; Colombia; and Brazil.
31GF Score

Get the complete analysis for MXROF

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

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