Versamet Royalties (TSX:VMET) EBIT: C$82.86 Mil (TTM As of Mar. 2026)


TSX:VMET Versamet Royalties Corp TSX:VMET
16 GF Score
Price C$17.35
! 5 Warning Signs
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What is Versamet Royalties EBIT?

Versamet Royalties TSX:VMET +8.44% 16 EBIT is C$82.86 Mil as of Mar. 2026. GuruFocus rates TSX:VMET with a GF Score™ of 16/100. The stock has 5 warning signs investors should review.

Versamet Royalties's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$29.71 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$82.86 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Versamet Royalties's annualized ROC % for the quarter that ended in Mar. 2026 was 6.96%. Versamet Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.93%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Versamet Royalties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.27%.

Versamet Royalties  (TSX:VMET) EBIT Explanation

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

Versamet 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 )
=57.256 * ( 1 - 29.55% )/( (584.621 + 574.573)/ 2 )
=40.336852/579.597
=6.96 %

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))
=576.642 - 3.97 - ( 5.112 - max(0, 45.355 - 33.406+5.112))
=584.621

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))
=584.21 - 1.228 - ( 8.409 - max(0, 1.228 - 41.454+8.409))
=574.573

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

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

Versamet 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 )
=118.844/( ( (540.116 + max(24.324, 0)) + (539.389 + max(31.817, 0)) )/ 2 )
=118.844/( ( 564.44 + 571.206 )/ 2 )
=118.844/567.823
=20.93 %

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)
=(13.283 + 0 + 15.011) - (3.97 + 0 + 0)
=24.324

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14.997 + 0 + 18.048) - (1.228 + 0 + 0)
=31.817

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=82.857/1939.245
=4.27 %

* 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.

Versamet Royalties EBIT Related Terms

Versamet Royalties EBIT Historical Data

* Premium members only.

The historical data trend for Versamet 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.

Versamet Royalties EBIT Chart

Versamet Royalties Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
0.00 -0.66 3.85 57.61

Versamet Royalties Quarterly Data
Dec22 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 4.58 10.15 8.41 34.59 29.71

TSX:VMET vs HL: EBIT Comparison

For the Other Precious Metals & Mining subindustry, Versamet 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.

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

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

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


TSX:VMET
16GF Score
Versamet Royalties Corp TSX:VMET
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Versamet 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 C$82.86 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$82.86 Mil mean?
Versamet Royalties (TSX:VMET) has a EBIT of C$82.86 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Versamet Royalties.
Is Versamet Royalties' EBIT too high?
Versamet Royalties' current EBIT is C$82.86 Mil. Overall, Versamet Royalties has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Versamet Royalties' EBIT compare to HL?
Versamet Royalties' EBIT of C$82.86 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 Versamet Royalties. Versamet Royalties's current EBIT is C$82.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Versamet Royalties stock overvalued right now?
Versamet Royalties (TSX:VMET) has a current EBIT of C$82.86 Mil. The current EBIT is C$82.86 Mil. Versamet Royalties' overall GF Score™ is 16/100 with 5 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 Versamet Royalties (TSX:VMET), the current EBIT is C$82.86 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.

Versamet Royalties Business Description

Other Exchanges VMET:USA6PH:Germany
Address 733 Seymour Street, Suite 3200, Vancouver, BC, CAN, V6B 0S6
Versamet Royalties Corp is a diversified metals royalty and streaming company with exposure to a range of resource royalties and streams including gold, silver, copper, zinc, graphite and uranium, across a variety of jurisdictions. The Company's operating segments are considered to be its individual royalties, streams and the Greenstone gold interest.
16GF 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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