Centerra Gold (TSX:CG) EBIT: C$1,118 Mil (TTM As of Mar. 2026)


TSX:CG Centerra Gold Inc TSX:CG
91 GF Score
Price C$22.82
GF Value C$14.23
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Centerra Gold EBIT?

Centerra Gold TSX:CG -2.98% 91 EBIT is C$1,118 Mil as of Mar. 2026. GuruFocus rates TSX:CG with a GF Score™ of 91/100 and a GF Value™ of C$14.23 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Centerra Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$188 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$1,118 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Centerra Gold's annualized ROC % for the quarter that ended in Mar. 2026 was 17.01%. Centerra Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Centerra Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.35%.


Centerra Gold  (TSX:CG) EBIT Explanation

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

Centerra Gold'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 )
=808.272 * ( 1 - 40.11% )/( (2809.953 + 2880.592)/ 2 )
=484.0741008/2845.2725
=17.01 %

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))
=4081.458 - 525.336 - ( 746.169 - max(0, 616.503 - 1476.171+746.169))
=2809.953

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))
=4219.196 - 577.815 - ( 760.789 - max(0, 645.925 - 1553.804+760.789))
=2880.592

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

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

Centerra Gold'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 )
=753.688/( ( (2207.752 + max(59.524, 0)) + (2286.195 + max(95.485, 0)) )/ 2 )
=753.688/( ( 2267.276 + 2381.68 )/ 2 )
=753.688/2324.478
=32.42 %

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)
=(176.555 + 460.36 + 28.181) - (525.336 + 0 + 80.236)
=59.524

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(184.146 + 523.141 + 22.871) - (577.815 + 0 + 56.858)
=95.485

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:

Centerra Gold's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1117.733/3808.695
=29.35 %

* 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.


Centerra Gold EBIT Related Terms


Centerra Gold EBIT Historical Data

* Premium members only.

The historical data trend for Centerra Gold'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.

Centerra Gold EBIT Chart

Centerra Gold 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 516.67 -59.44 19.17 249.53 1,010.42

Centerra Gold 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 84.91 96.36 490.77 342.18 188.42

TSX:CG vs NEM, AU: EBIT Comparison

For the Gold subindustry, Centerra Gold'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.


Centerra Gold EV-to-EBIT vs Metals & Mining Industry

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

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


TSX:CG
91GF Score
Centerra Gold Inc TSX:CG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Centerra Gold 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 C$1,118 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 C$1,118 Mil mean?
Centerra Gold (TSX:CG) has a EBIT of C$1,118 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Centerra Gold.
Is Centerra Gold's EBIT too high?
Centerra Gold's current EBIT is C$1,118 Mil. Overall, Centerra Gold has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Centerra Gold's EBIT compare to NEM and AU?
Centerra Gold's EBIT of C$1,118 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 Centerra Gold. Centerra Gold's current EBIT is C$1,118 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Centerra Gold stock overvalued right now?
Based on GuruFocus' analysis, Centerra Gold (TSX:CG) is currently considered Significantly Overvalued. The stock's GF Value™ is C$14.23, compared to a current price of C$22.82 — trading 60.4% above its estimated fair value. The current EBIT is C$1,118 Mil. Centerra Gold's overall GF Score™ is 91/100 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 Centerra Gold (TSX:CG), the current EBIT is C$1,118 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.

Is Centerra Gold (TSX:CG) Overvalued in 2026?

Based on GuruFocus' analysis, Centerra Gold stock appears to be overvalued. The current stock price of C$22.82 is trading 60.4% above its estimated GF Value™ of C$14.23. GuruFocus considers Centerra Gold to be Significantly Overvalued.

Key valuation signals for TSX:CG:

  • EBIT: C$1,118 Mil
  • GF Value™: C$14.23 vs. price of C$22.82 (60.4% above fair value)
  • GF Score™: 91/100 with 1 warning sign

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


Centerra Gold Business Description

Other Exchanges CGAU:USA0UP5:UKGOU:Germany
Address 1 University Avenue, Suite 1800, Toronto, ON, CAN, M5J 2P1
Centerra Gold Inc is principally focused on operating, developing, exploring and acquiring gold and copper properties in North America, Turkey, and other markets world-wide. The company reportable operating segments are Oksut; Mount Milligan; and Molybdenum. It derives maximum revenue from Mount Milligan segment. Geographically, it operates in Turkey, United States, and Canada.
91GF Score

Get the complete analysis for TSX:CG

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

C$22.82
Price
C$14.23
GF Value