West African Resources (STU:W25) EBIT: €474.6 Mil (TTM As of Dec. 2025)


STU:W25 West African Resources Ltd STU:W25
96 GF Score
Price €1.72
GF Value €1.98
Valuation Fairly Valued
! 3 Warning Signs
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What is West African Resources EBIT?

West African Resources STU:W25 +0.09% 96 EBIT is €474.6 Mil as of Dec. 2025. GuruFocus rates STU:W25 with a GF Score™ of 96/100 and a GF Value™ of €1.98 (Fairly Valued). The stock has 3 warning signs investors should review.

West African Resources's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was €306.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was €474.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. West African Resources's annualized ROC % for the quarter that ended in Dec. 2025 was 41.76%. West African Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 62.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. West African Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 24.49%.


West African Resources  (STU:W25) EBIT Explanation

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

West African Resources'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 )
=646.562 * ( 1 - 31.16% )/( (1016.469 + 1115.42)/ 2 )
=445.0932808/1065.9445
=41.76 %

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))
=1279.306 - 111.82 - ( 157.615 - max(0, 194.643 - 345.66+157.615))
=1016.469

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))
=1540.945 - 141.463 - ( 335.926 - max(0, 278.557 - 562.619+335.926))
=1115.42

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:

West African Resources'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 )
=613.336/( ( (933.646 + max(36.867, 0)) + (978.327 + max(-63.213, 0)) )/ 2 )
=613.336/( ( 970.513 + 978.327 )/ 2 )
=613.336/974.42
=62.94 %

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)
=(93.13 + 91.505 + 3.41) - (111.82 + 39.358 + 0)
=36.867

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 150.315 + 2.667) - (141.463 + 74.732 + 0)
=-63.213

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=474.571/1938.089
=24.49 %

* 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.


West African Resources EBIT Related Terms


West African Resources EBIT Historical Data

* Premium members only.

The historical data trend for West African 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.

West African Resources EBIT Chart

West African Resources Annual Data
Trend Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.73 165.40 149.07 208.57 475.46

West African Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 71.32 86.50 123.76 167.90 306.67

STU:W25 vs NEM, AU: EBIT Comparison

For the Gold subindustry, West African 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.


West African Resources EV-to-EBIT vs Metals & Mining Industry

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

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


STU:W25
96GF Score
West African Resources Ltd STU:W25
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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West African 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was €474.6 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 €474.6 Mil mean?
West African Resources (STU:W25) has a EBIT of €474.6 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on West African Resources.
Is West African Resources' EBIT too high?
West African Resources' current EBIT is €474.6 Mil. Overall, West African Resources has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does West African Resources' EBIT compare to NEM and AU?
West African Resources' EBIT of €474.6 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 West African Resources. West African Resources's current EBIT is €474.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West African Resources stock overvalued right now?
Based on GuruFocus' analysis, West African Resources (STU:W25) is currently considered Fairly Valued. The stock's GF Value™ is €1.98, compared to a current price of €1.72 — trading 13.1% below its estimated fair value. The current EBIT is €474.6 Mil. West African Resources' overall GF Score™ is 96/100 with 3 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 West African Resources (STU:W25), the current EBIT is €474.6 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.

Is West African Resources (STU:W25) Overvalued in 2026?

Based on GuruFocus' analysis, West African Resources stock appears to be undervalued. The current stock price of €1.72 is trading 13.1% below its estimated GF Value™ of €1.98. GuruFocus considers West African Resources to be Fairly Valued.

Key valuation signals for STU:W25:

  • EBIT: €474.6 Mil
  • GF Value™: €1.98 vs. price of €1.72 (13.1% below fair value)
  • GF Score™: 96/100 with 3 warning signs

No single metric tells the full story. See the STU:W25 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


West African Resources Business Description

Other Exchanges WFRSF:USAWAF:Australia
Address 1 Alvan Street, Level 1, Subiaco, WA, AUS, 6008
West African Resources Ltd is engaged in mineral exploration in Burkina Faso. It focuses on the development of the Sanbrado Gold Project. The Group's mineral portfolio also includes gold and copper-gold exploration permits in Burkina Faso. The operating segments of the Company that includes Mining Operations: comprise the Sanbrado Gold Project operation located in Burkina Faso. Construction and E&E segment comprises mines under construction andexploration and evaluation (E&E) projects in locations other than Sanbrado.
96GF Score

Get the complete analysis for STU:W25

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

€1.72
Price
€1.98
GF Value