enCore Energy (TSXV:EU) EBIT: C$-42.38 Mil (TTM As of Mar. 2026)


TSXV:EU enCore Energy Corp TSXV:EU
39 GF Score
Price C$1.95
GF Value C$4.54
Valuation Possible Value Trap
! 4 Warning Signs
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What is enCore Energy EBIT?

enCore Energy TSXV:EU +1.56% 39 EBIT is C$-42.38 Mil as of Mar. 2026. GuruFocus rates TSXV:EU with a GF Score™ of 39/100 and a GF Value™ of C$4.54 (Possible Value Trap). The stock has 4 warning signs investors should review.

enCore Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$5.67 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-42.38 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. enCore Energy's annualized ROC % for the quarter that ended in Mar. 2026 was -30.09%. enCore Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. enCore Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.15%.


enCore Energy  (TSXV:EU) EBIT Explanation

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

enCore Energy'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 )
=-134.352 * ( 1 - 0% )/( (442.728 + 450.352)/ 2 )
=-134.352/446.54
=-30.09 %

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))
=593.767 - 18.615 - ( 132.424 - max(0, 18.872 - 151.488+132.424))
=442.728

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))
=619.682 - 16.106 - ( 153.224 - max(0, 16.537 - 183.188+153.224))
=450.352

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

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

enCore Energy'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 )
=22.692/( ( (427.751 + max(0.44899999999999, 0)) + (420.5 + max(13.858, 0)) )/ 2 )
=22.692/( ( 428.2 + 434.358 )/ 2 )
=22.692/431.279
=5.26 %

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)
=(6.82 + 7.335 + 4.909) - (18.615 + 0 + 0)
=0.44899999999999

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.914 + 13.629 + 9.421) - (16.106 + 0 + -3.5527136788005E-15)
=13.858

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:

enCore Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-42.378/417.647
=-10.15 %

* 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.


enCore Energy EBIT Related Terms


enCore Energy EBIT Historical Data

* Premium members only.

The historical data trend for enCore Energy'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.

enCore Energy EBIT Chart

enCore Energy 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 -9.03 -31.68 -30.29 -102.85 -82.93

enCore Energy 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 -36.21 -11.75 -7.30 -29.00 5.67

TSXV:EU vs UEC, LEU: EBIT Comparison

For the Uranium subindustry, enCore Energy'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.


enCore Energy EV-to-EBIT vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, enCore Energy's EV-to-EBIT distribution charts can be found below:

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


TSXV:EU
39GF Score
enCore Energy Corp TSXV:EU
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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enCore Energy 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$-42.38 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$-42.38 Mil mean?
enCore Energy (TSXV:EU) has a EBIT of C$-42.38 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on enCore Energy.
Is enCore Energy's EBIT too high?
enCore Energy's current EBIT is C$-42.38 Mil. Overall, enCore Energy has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does enCore Energy's EBIT compare to UEC and LEU?
enCore Energy's EBIT of C$-42.38 Mil can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good EBIT depends on the Other Energy Sources 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 enCore Energy. enCore Energy's current EBIT is C$-42.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is enCore Energy stock overvalued right now?
Based on GuruFocus' analysis, enCore Energy (TSXV:EU) is currently considered Possible Value Trap. The stock's GF Value™ is C$4.54, compared to a current price of C$1.95 — trading 57% below its estimated fair value. The current EBIT is C$-42.38 Mil. enCore Energy's overall GF Score™ is 39/100 with 4 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 enCore Energy (TSXV:EU), the current EBIT is C$-42.38 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 enCore Energy (TSXV:EU) Overvalued in 2026?

Based on GuruFocus' analysis, enCore Energy stock appears to be undervalued. The current stock price of C$1.95 is trading 57% below its estimated GF Value™ of C$4.54. GuruFocus considers enCore Energy to be Possible Value Trap.

Key valuation signals for TSXV:EU:

  • EBIT: C$-42.38 Mil
  • GF Value™: C$4.54 vs. price of C$1.95 (57% below fair value)
  • GF Score™: 39/100 with 4 warning signs

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


enCore Energy Business Description

Other Exchanges EU:USA6TU:Germany
Address 13355 Noel Road, Suite 1700, One Galleria Tower, Dallas, TX, USA, 75240
enCore Energy Corp together with its subsidiary, is principally engaged in the acquisition, exploration, development and extraction of uranium resource properties in the United States. The Company is focused on the extraction of domestic uranium in the United States. The Company utilizes the In-Situ Recovery technology (ISR) to provide necessary fuel for the generation of clean, reliable, and carbon-free nuclear energy.
39GF Score

Get the complete analysis for TSXV:EU

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

C$1.95
Price
C$4.54
GF Value