Cerrado Gold (TSXV:CERT) EBIT: C$38.4 Mil (TTM As of Mar. 2026)


TSXV:CERT Cerrado Gold Inc TSXV:CERT
37 GF Score
Price C$1.60
GF Value C$0.79
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Cerrado Gold EBIT?

Cerrado Gold TSXV:CERT -0.31% 37 EBIT is C$38.4 Mil as of Mar. 2026. GuruFocus rates TSXV:CERT with a GF Score™ of 37/100 and a GF Value™ of C$0.79 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Cerrado Gold's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$24.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$38.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cerrado Gold's annualized ROC % for the quarter that ended in Mar. 2026 was 23.81%. Cerrado Gold's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 38.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cerrado Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.20%.

Cerrado Gold  (TSXV:CERT) EBIT Explanation

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

Cerrado 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 )
=102.364 * ( 1 - 26.88% )/( (303.456 + 325.352)/ 2 )
=74.8485568/314.404
=23.81 %

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))
=479.516 - 226.65 - ( 31.567 - max(0, 272.644 - 222.054+31.567))
=303.456

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))
=551.252 - 277.446 - ( 43.111 - max(0, 334.683 - 283.137+43.111))
=325.352

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

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

Cerrado 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 )
=99.08/( ( (249.516 + max(-217.845, 0)) + (258.905 + max(-258.901, 0)) )/ 2 )
=99.08/( ( 249.516 + 258.905 )/ 2 )
=99.08/254.2105
=38.98 %

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)
=(2.069 + 14.657 + 0.57399999999998) - (226.65 + 0 + 8.495)
=-217.845

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.161 + 24.324 + 0.50899999999996) - (277.446 + 0 + 8.449)
=-258.901

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=38.404/252.657
=15.20 %

* 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.

Cerrado Gold EBIT Related Terms

Cerrado Gold EBIT Historical Data

* Premium members only.

The historical data trend for Cerrado 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.

Cerrado Gold EBIT Chart

Cerrado Gold Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
-1.95 6.34 17.71 12.94 10.96

Cerrado 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 -2.75 4.11 2.93 6.59 24.77

TSXV:CERT vs NEM, AU: EBIT Comparison

For the Gold subindustry, Cerrado 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.

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

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

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


TSXV:CERT
37GF Score
Cerrado Gold Inc TSXV:CERT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cerrado 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$38.4 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$38.4 Mil mean?
Cerrado Gold (TSXV:CERT) has a EBIT of C$38.4 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cerrado Gold.
Is Cerrado Gold's EBIT too high?
Cerrado Gold's current EBIT is C$38.4 Mil. Overall, Cerrado Gold has a GF Score™ of 37/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cerrado Gold's EBIT compare to NEM and AU?
Cerrado Gold's EBIT of C$38.4 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 Cerrado Gold. Cerrado Gold's current EBIT is C$38.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerrado Gold stock overvalued right now?
Based on GuruFocus' analysis, Cerrado Gold (TSXV:CERT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.79, compared to a current price of C$1.60 — trading 101.9% above its estimated fair value. The current EBIT is C$38.4 Mil. Cerrado Gold's 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 Cerrado Gold (TSXV:CERT), the current EBIT is C$38.4 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 Cerrado Gold (TSXV:CERT) Overvalued in 2026?

Based on GuruFocus' analysis, Cerrado Gold stock appears to be overvalued. The current stock price of C$1.60 is trading 101.9% above its estimated GF Value™ of C$0.79. GuruFocus considers Cerrado Gold to be Significantly Overvalued.

Key valuation signals for TSXV:CERT:

  • EBIT: C$38.4 Mil
  • GF Value™: C$0.79 vs. price of C$1.60 (101.9% above fair value)
  • GF Score™: 37/100 with 1 warning sign

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

Cerrado Gold Business Description

Other Exchanges CRDOF:USABAI0:Germany
Address 110 Yonge Street, Suite 501, Toronto, ON, CAN, M5C 1T4
Cerrado Gold Inc is a mining, minerals production, and exploration company focused on precious metals in Brazil and Argentina. The Company is mainly focused on its producing Don Nicolas gold and silver mine in Argentina, with an emphasis on increasing gold equivalent production and optimizing mine operations. It is also engaged in evaluating exploration and mineral resource opportunities. Its projects include the Mont Sorcier Iron project, the Monte do Carmo (MDC) Gold Project in Brazil, and a vanadium project in Roy Township, Quebec, east of the Town of Chibougamau, among others.
37GF Score

Get the complete analysis for TSXV:CERT

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

C$1.60
Price
C$0.79
GF Value