Forsys Metals (TSX:FSY) EBIT: C$-2.40 Mil (TTM As of Mar. 2026)


TSX:FSY Forsys Metals Corp TSX:FSY
37 GF Score
Price C$0.44
! 1 Warning Sign
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What is Forsys Metals EBIT?

Forsys Metals TSX:FSY -4.40% 37 EBIT is C$-2.40 Mil as of Mar. 2026. GuruFocus rates TSX:FSY with a GF Score™ of 37/100. The stock has 1 warning sign investors should review.

Forsys Metals's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-0.84 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-2.40 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Forsys Metals's annualized ROC % for the quarter that ended in Mar. 2026 was -12.81%. Forsys Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -12.85%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Forsys Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.70%.

Forsys Metals  (TSX:FSY) EBIT Explanation

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

Forsys Metals'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 )
=-3.364 * ( 1 - 0% )/( (26.182 + 26.343)/ 2 )
=-3.364/26.2625
=-12.81 %

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))
=45.168 - 0.279 - ( 18.707 - max(0, 0.364 - 19.163+18.707))
=26.182

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))
=44.111 - 0.238 - ( 17.538 - max(0, 0.322 - 17.852+17.538))
=26.343

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

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

Forsys Metals'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 )
=-3.364/( ( (26.005 + max(0.092, 0)) + (26.258 + max(-0.0079999999999987, 0)) )/ 2 )
=-3.364/( ( 26.097 + 26.258 )/ 2 )
=-3.364/26.1775
=-12.85 %

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)
=(0.18 + 0 + 0.276) - (0.279 + 0.086 + -0.001)
=0.092

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.092 + 0 + 0.222) - (0.238 + 0.084 + 0)
=-0.0079999999999987

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:

Forsys Metals's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-2.401/88.918
=-2.70 %

* 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.

Forsys Metals EBIT Related Terms

Forsys Metals EBIT Historical Data

* Premium members only.

The historical data trend for Forsys Metals'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.

Forsys Metals EBIT Chart

Forsys Metals 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 -3.86 -1.76 -6.37 -2.92 -2.13

Forsys Metals 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 -0.57 -0.55 -0.51 -0.51 -0.84

Forsys Metals EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Forsys Metals'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.

Forsys Metals EV-to-EBIT vs Metals & Mining Industry

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

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


TSX:FSY
37GF Score
Forsys Metals Corp TSX:FSY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Forsys Metals 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$-2.40 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$-2.40 Mil mean?
Forsys Metals (TSX:FSY) has a EBIT of C$-2.40 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Forsys Metals.
Is Forsys Metals' EBIT too high?
Forsys Metals' current EBIT is C$-2.40 Mil. Overall, Forsys Metals has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Forsys Metals' EBIT compare to competitors?
Forsys Metals' EBIT of C$-2.40 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 Forsys Metals. Forsys Metals's current EBIT is C$-2.40 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forsys Metals stock overvalued right now?
Forsys Metals (TSX:FSY) has a current EBIT of C$-2.40 Mil. The current EBIT is C$-2.40 Mil. Forsys Metals' overall GF Score™ is 37/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Forsys Metals (TSX:FSY), the current EBIT is C$-2.40 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.

Forsys Metals Business Description

Other Exchanges FOSYF:USAF2T:Germany
Address 20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Forsys Metals Corp is engaged in the acquisition, exploration, and development of mineral properties in Namibia, Africa. The Company's operations are focused on its uranium projects, including the Norasa Uranium Project, Valencia Uranium Project, and Namibplaas Uranium Project.
37GF 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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