SUMMF (Summit Royalties) EBIT: $8.28 Mil (TTM As of Mar. 2026)


SUMMF Summit Royalties Ltd SUMMF
19 GF Score
Price $0.99
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What is Summit Royalties EBIT?

Summit Royalties SUMMF +0.60% 19 EBIT is $8.28 Mil as of Mar. 2026. GuruFocus rates SUMMF with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Summit Royalties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $2.52 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $8.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Summit Royalties's annualized ROC % for the quarter that ended in Mar. 2026 was 20.20%. Summit Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Summit Royalties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.82%.

Summit Royalties  (OTCPK:SUMMF) EBIT Explanation

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

Summit Royalties'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 )
=10.164 * ( 1 - 23.67% )/( (36.97 + 39.831)/ 2 )
=7.7581812/38.4005
=20.20 %

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))
=44.073 - 2.173 - ( 6.197 - max(0, 2.173 - 7.103+6.197))
=36.97

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))
=46.653 - 1.912 - ( 5.65 - max(0, 1.912 - 6.822+5.65))
=39.831

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

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

Summit Royalties'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 )
=10.092/( ( (36.911 + max(-1.594, 0)) + (39.772 + max(-1.087, 0)) )/ 2 )
=10.092/( ( 36.911 + 39.772 )/ 2 )
=10.092/38.3415
=26.32 %

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)
=(0.457 + 0 + 0.122) - (2.173 + 0 + 0)
=-1.594

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.605 + 0 + 0.22) - (1.912 + 0 + 0)
=-1.087

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=8.278/64.568
=12.82 %

* 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.

Summit Royalties EBIT Related Terms

Summit Royalties EBIT Historical Data

* Premium members only.

The historical data trend for Summit Royalties'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.

Summit Royalties EBIT Chart

Summit Royalties Annual Data
Trend Dec24 Dec25
EBIT
0.00 5.52

Summit Royalties Quarterly Data
Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial 0.00 -0.06 -0.79 6.54 2.52

SUMMF vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Summit Royalties'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.

Summit Royalties EV-to-EBIT vs Metals & Mining Industry

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

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


SUMMF
19GF Score
Summit Royalties Ltd SUMMF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Summit Royalties 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 $8.28 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 $8.28 Mil mean?
Summit Royalties (SUMMF) has a EBIT of $8.28 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Summit Royalties.
Is Summit Royalties' EBIT too high?
Summit Royalties' current EBIT is $8.28 Mil. Overall, Summit Royalties has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Summit Royalties' EBIT compare to HL?
Summit Royalties' EBIT of $8.28 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 Summit Royalties. Summit Royalties's current EBIT is $8.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Summit Royalties stock overvalued right now?
Summit Royalties (SUMMF) has a current EBIT of $8.28 Mil. The current EBIT is $8.28 Mil. Summit Royalties' overall GF Score™ is 19/100 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 Summit Royalties (SUMMF), the current EBIT is $8.28 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.

Summit Royalties Business Description

Other Exchanges SUM:Canada
Address 100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Summit Royalties Ltd is a precious metals royalty and streaming company. Its current portfolio is anchored by cash-flowing production, with additional royalties on development- and exploration-stage properties. The group intends to become the next mid-tier royalty and streaming company by executing actionable, accretive acquisitions that increase production and drive cash flow growth. The company manages its business under a single operating segment, which is the ownership and acquisition of precious metal royalty and mineral streaming interests. Geographically, the company operates in Africa; Canada, which derives maximum revenue; Columbia; and Brazil.
19GF Score

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

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