Nexa Resources (STU:NE0) EBIT: €779 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:NE0 Nexa Resources SA STU:NE0
60 GF Score
Price €12.10
GF Value €7.88
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Nexa Resources EBIT?

Nexa Resources STU:NE0 +4.31% 60 EBIT is €779 Mil as of Jun. 2026. GuruFocus rates STU:NE0 with a GF Score™ of 60/100 and a GF Value™ of €7.88 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Nexa Resources's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was €201 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was €779 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nexa Resources's annualized ROC % for the quarter that ended in Jun. 2026 was 9.53%. Nexa Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 29.09%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nexa Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 24.65%.


Nexa Resources  (STU:NE0) EBIT Explanation

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

Nexa Resources's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=670.22 * ( 1 - 43.65% )/( (3888.361 + 4033.403)/ 2 )
=377.66897/3960.882
=9.53 %

where

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))
=4567.415 - 860.829 - ( 342.503 - max(0, 1223.905 - 1042.13+342.503))
=3888.361

Invested Capital(Q: Jun. 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))
=4670.987 - 895.626 - ( 335.753 - max(0, 1260.438 - 1002.396+335.753))
=4033.403

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

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

Nexa Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=802.952/( ( (2730.989 + max(-377.336, 0)) + (2789.08 + max(-453.722, 0)) )/ 2 )
=802.952/( ( 2730.989 + 2789.08 )/ 2 )
=802.952/2760.0345
=29.09 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214.758 + 376.233 + 97.504) - (860.829 + 0 + 205.002)
=-377.336

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(153.659 + 421.481 + 84.539) - (895.626 + 0 + 217.775)
=-453.722

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=778.648/3158.249
=24.65 %

* 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.


Nexa Resources EBIT Related Terms


Nexa Resources EBIT Historical Data

* Premium members only.

The historical data trend for Nexa Resources'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.

Nexa Resources EBIT Chart

Nexa Resources 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 388.49 358.73 -96.09 134.67 525.45

Nexa Resources Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 76.06 180.87 176.49 220.56 200.74

STU:NE0 vs EMAT, TMC, IMC: EBIT Comparison

For the Other Industrial Metals & Mining subindustry, Nexa Resources'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.


Nexa Resources EV-to-EBIT vs Metals & Mining Industry

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

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


STU:NE0
60GF Score
Nexa Resources SA STU:NE0
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nexa Resources 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €779 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 €779 Mil mean?
Nexa Resources (STU:NE0) has a EBIT of €779 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nexa Resources.
Is Nexa Resources' EBIT too high?
Nexa Resources' current EBIT is €779 Mil. Overall, Nexa Resources has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nexa Resources' EBIT compare to EMAT and TMC?
Nexa Resources' EBIT of €779 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 Nexa Resources. Nexa Resources's current EBIT is €779 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexa Resources stock overvalued right now?
Based on GuruFocus' analysis, Nexa Resources (STU:NE0) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.88, compared to a current price of €12.10 — trading 53.6% above its estimated fair value. The current EBIT is €779 Mil. Nexa Resources' overall GF Score™ is 60/100 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 Nexa Resources (STU:NE0), the current EBIT is €779 Mil as of Jun. 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 Nexa Resources (STU:NE0) Overvalued in 2026?

Based on GuruFocus' analysis, Nexa Resources stock appears to be overvalued. The current stock price of €12.10 is trading 53.6% above its estimated GF Value™ of €7.88. GuruFocus considers Nexa Resources to be Significantly Overvalued.

Key valuation signals for STU:NE0:

  • EBIT: €779 Mil
  • GF Value™: €7.88 vs. price of €12.10 (53.6% above fair value)
  • GF Score™: 60/100 with 1 warning sign

No single metric tells the full story. See the STU:NE0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nexa Resources Business Description

Other Exchanges NEXA:USA
Address 37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Nexa Resources SA operate large-scale, mechanized underground and open pit mines, as well as smelters. The company operates through two segments namely Mining and Smelting. Its Mining segment consists of various operating units includes mineral exploration activities and the production of zinc concentrates, copper concentrates and concentrates. The Smelting segment comprises operating units which include facilities recovering and refining zinc metal out of feed materials such as zinc concentrates or secondary feed materials. It generates maximum revenue from the Smelting segment. Geographically It has a presence in Brazil, Peru, the United States of America, Switzerland, Japan, Argentina, South Korea, Colombia, Vietnam, Malaysia and other countries.
60GF Score

Get the complete analysis for STU:NE0

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

€12.10
Price
€7.88
GF Value