MDA Space (TSX:MDA) EBIT: C$167 Mil (TTM As of Mar. 2026)


TSX:MDA MDA Space Ltd TSX:MDA
47 GF Score
Price C$50.48
GF Value C$31.65
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is MDA Space EBIT?

MDA Space TSX:MDA -1.37% 47 EBIT is C$167 Mil as of Mar. 2026. GuruFocus rates TSX:MDA with a GF Score™ of 47/100 and a GF Value™ of C$31.65 (Significantly Overvalued). The stock has 2 warning signs investors should review.

MDA Space's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$48 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$167 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MDA Space's annualized ROC % for the quarter that ended in Mar. 2026 was 3.25%. MDA Space's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MDA Space's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 2.44%.

MDA Space  (TSX:MDA) EBIT Explanation

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

MDA Space'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 )
=160.4 * ( 1 - 28.16% )/( (3580 + 3506.1)/ 2 )
=115.23136/3543.05
=3.25 %

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))
=3356.2 - 479.5 - ( 152 - max(0, 1317.8 - 614.5+152))
=3580

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))
=3796.3 - 558.2 - ( 544 - max(0, 1308.5 - 1040.5+544))
=3506.1

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

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

MDA Space'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 )
=190.4/( ( (764.1 + max(-1135.3, 0)) + (777.1 + max(-1056, 0)) )/ 2 )
=190.4/( ( 764.1 + 777.1 )/ 2 )
=190.4/770.6
=24.71 %

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)
=(85.5 + 23.5 + 53.3) - (479.5 + 798.9 + 19.2)
=-1135.3

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(149 + 37 + 46.7) - (558.2 + 710.7 + 19.8)
=-1056

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:

MDA Space's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=166.8/6840.849
=2.44 %

* 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.

MDA Space EBIT Related Terms

MDA Space EBIT Historical Data

* Premium members only.

The historical data trend for MDA Space'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.

MDA Space EBIT Chart

MDA Space Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 38.10 47.70 75.90 139.00 169.40

MDA Space 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 50.20 38.70 44.40 36.10 47.60

TSX:MDA vs GE, RTX, BA: EBIT Comparison

For the Aerospace & Defense subindustry, MDA Space'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.

MDA Space EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, MDA Space's EV-to-EBIT distribution charts can be found below:

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


TSX:MDA
47GF Score
MDA Space Ltd TSX:MDA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MDA Space 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$167 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$167 Mil mean?
MDA Space (TSX:MDA) has a EBIT of C$167 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MDA Space.
Is MDA Space's EBIT too high?
MDA Space's current EBIT is C$167 Mil. Overall, MDA Space has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MDA Space's EBIT compare to GE and RTX?
MDA Space's EBIT of C$167 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 MDA Space. MDA Space's current EBIT is C$167 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MDA Space stock overvalued right now?
Based on GuruFocus' analysis, MDA Space (TSX:MDA) is currently considered Significantly Overvalued. The stock's GF Value™ is C$31.65, compared to a current price of C$50.48 — trading 59.5% above its estimated fair value. The current EBIT is C$167 Mil. MDA Space's overall GF Score™ is 47/100 with 2 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 MDA Space (TSX:MDA), the current EBIT is C$167 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 MDA Space (TSX:MDA) Overvalued in 2026?

Based on GuruFocus' analysis, MDA Space stock appears to be overvalued. The current stock price of C$50.48 is trading 59.5% above its estimated GF Value™ of C$31.65. GuruFocus considers MDA Space to be Significantly Overvalued.

Key valuation signals for TSX:MDA:

  • EBIT: C$167 Mil
  • GF Value™: C$31.65 vs. price of C$50.48 (59.5% above fair value)
  • GF Score™: 47/100 with 2 warning signs

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

MDA Space Business Description

Other Exchanges MDA:USA
Address 7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7
MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, space exploration, and infrastructure. The Company collaborates and partners with governments and space agencies, commercial space companies, and defence and aerospace prime contractors in the space industry. Geographically, it generates the majority of its revenue from Canada.
47GF Score

Get the complete analysis for TSX:MDA

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

C$50.48
Price
C$31.65
GF Value