AF3 Capital (TSXV:AFC.P) EBIT: C$ Mil (TTM As of Dec. 2025)

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TSXV:AFC.P AF3 Capital Corp TSXV:AFC.P
15 GF Score
Price C$0.18
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What is AF3 Capital EBIT?

AF3 Capital TSXV:AFC.P 15 EBIT is C$ Mil as of Dec. 2025. GuruFocus rates TSXV:AFC.P with a GF Score™ of 15/100.

AF3 Capital's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was C$-0.01 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AF3 Capital's annualized ROC % for the quarter that ended in Dec. 2025 was -1,200.00%. AF3 Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1,200.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

AF3 Capital  (TSXV:AFC.P) EBIT Explanation

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

AF3 Capital's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-0.006 * ( 1 - 0% )/( (0 + 0.001)/ 2 )
=-0.006/0.0005
=-1,200.00 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=0.127 - 0.038 - ( 0.114 - max(0, 0.038 - 0.127+0.114))
=0

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))
=0.096 - 0.012 - ( 0.083 - max(0, 0.012 - 0.096+0.083))
=0.001

Note: The Operating Income data used here is one times the annual (Dec. 2025) data.

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

AF3 Capital's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.006/( ( (0 + max(-0.025, 0)) + (0 + max(0.001, 0)) )/ 2 )
=-0.006/( ( 0 + 0.001 )/ 2 )
=-0.006/0.0005
=-1,200.00 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.013) - (0.038 + 0 + 0)
=-0.025

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.013) - (0.012 + 0 + 0)
=0.001

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

AF3 Capital's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=/0.927
= %

* 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.

AF3 Capital EBIT Related Terms

AF3 Capital EBIT Historical Data

* Premium members only.

The historical data trend for AF3 Capital'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.

AF3 Capital EBIT Chart

AF3 Capital Annual Data
Trend Dec24 Dec25
EBIT
0.00 -0.01

AF3 Capital Semi-Annual Data
Dec24 Dec25
EBIT 0.00 -0.01

TSXV:AFC.P vs XXI, CCXI, DMII: EBIT Comparison

For the Shell Companies subindustry, AF3 Capital'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.

AF3 Capital EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, AF3 Capital's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AF3 Capital's EV-to-EBIT falls into.


TSXV:AFC.P
15GF Score
AF3 Capital Corp TSXV:AFC.P
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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AF3 Capital 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was C$ 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$ Mil mean?
AF3 Capital (TSXV:AFC.P) has a EBIT of C$ Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AF3 Capital.
Is AF3 Capital's EBIT too high?
AF3 Capital's current EBIT is C$ Mil. Overall, AF3 Capital has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does AF3 Capital's EBIT compare to XXI and CCXI?
AF3 Capital's EBIT of C$ Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services 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 AF3 Capital. AF3 Capital's current EBIT is C$ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF3 Capital stock overvalued right now?
AF3 Capital (TSXV:AFC.P) has a current EBIT of C$ Mil. The current EBIT is C$ Mil. AF3 Capital's overall GF Score™ is 15/100. 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 AF3 Capital (TSXV:AFC.P), the current EBIT is C$ Mil as of Dec. 2025. 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.

AF3 Capital Business Description

Address 100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, Toronto
AF3 Capital Corp has no operations.
15GF Score

Get the complete analysis for TSXV:AFC.P

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

C$0.18
Price