McChip Resources (TSXV:MCS) EBIT: C$-2.29 Mil (TTM As of Mar. 2026)

What is McChip Resources EBIT?

McChip Resources TSXV:MCS 52 EBIT is C$-2.29 Mil as of Mar. 2026. GuruFocus rates TSXV:MCS with a GF Score™ of 52/100 and a GF Value™ of C$2.03 (Significantly Undervalued). The stock has 1 warning sign investors should review.

McChip Resources's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was C$-0.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-2.29 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. McChip Resources's annualized ROC % for the quarter that ended in Mar. 2026 was -29.31%. McChip Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. McChip Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 36.92%.

McChip Resources (TSXV:MCS) EBIT Explanation

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

McChip Resources'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 )
=	-0.684 * ( 1 - 0% )	/	( (3.426	+	1.242)	/ 2 )
=	-0.684	/	2.334
=	-29.31 %

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	))
=	15.394	-	0.421	-	( 11.691	-	max(0, 0.421	-	11.968	+	11.691	))
=	3.426

	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	))
=	14.572	-	0.189	-	( 13.315	-	max(0, 0.189	-	13.33	+	13.315	))
=	1.242

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

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

McChip Resources'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 )
=	-0.684	/	( ( (0 + max(-0.394, 0))	+	(0 + max(-0.174, 0)) )	/	2 )
=	-0.684	/	( ( 0	+	0 )	/	2 )
=	-0.684	/	0
=	%

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)
=	(0.028	+	0	+	-0.0010000000000012)	-	(0.421	+	0	+	0)
=	-0.394

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.015	+	0	+	0)	-	(0.189	+	0	+	0)
=	-0.174

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:

McChip Resources's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-2.294	/	-6.214
	=	36.92 %

* 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.

McChip Resources EBIT Related Terms

McChip Resources EBIT Historical Data

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The historical data trend for McChip Resources's EBIT can be seen below:

McChip Resources EBIT Chart

McChip Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-0.18

-0.16

-0.36

0.43

-2.31

McChip Resources 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															-0.23	-1.60	-0.15	-0.37	-0.17

TSXV:MCS vs COP, EOG, OXY: EBIT Comparison

For the Oil & Gas E&P subindustry, McChip Resources'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.

McChip Resources EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, McChip Resources's EV-to-EBIT distribution charts can be found below:

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

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52GF Score

McChip Resources Inc TSXV:MCS

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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McChip Resources 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$-2.29 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of C$-2.29 Mil mean?

McChip Resources (TSXV:MCS) has a EBIT of C$-2.29 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on McChip Resources.

Is McChip Resources' EBIT too high?

McChip Resources' current EBIT is C$-2.29 Mil. Overall, McChip Resources has a GF Score™ of 52/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.

How does McChip Resources' EBIT compare to COP and EOG?

McChip Resources' EBIT of C$-2.29 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?

A good EBIT depends on the Oil & Gas 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 McChip Resources. McChip Resources's current EBIT is C$-2.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is McChip Resources stock overvalued right now?

Based on GuruFocus' analysis, McChip Resources (TSXV:MCS) is currently considered Significantly Undervalued. The stock's GF Value™ is C$2.03, compared to a current price of C$0.84 — trading 58.6% below its estimated fair value. The current EBIT is C$-2.29 Mil. McChip Resources' overall GF Score™ is 52/100 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 McChip Resources (TSXV:MCS), the current EBIT is C$-2.29 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 McChip Resources (TSXV:MCS) Overvalued in 2026?

Based on GuruFocus' analysis, McChip Resources stock appears to be undervalued. The current stock price of C$0.84 is trading 58.6% below its estimated GF Value™ of C$2.03. GuruFocus considers McChip Resources to be Significantly Undervalued.

Key valuation signals for TSXV:MCS:

EBIT: C$-2.29 Mil
GF Value™: C$2.03 vs. price of C$0.84 (58.6% below fair value)
GF Score™: 52/100 with 1 warning sign

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

McChip Resources Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:VVC TSXV:OVL.H TSXV:WCSB TSXV:TUK TSXV:MCM.A TSXV:FHR TSXV:MET TSXV:WCE TSXV:CEN.H XCNQ:WDGY HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL

Other Exchanges MCCHF:USA

Address 130 Adelaide Street West, Suite 1910, Box 18 - Richmond Adelaide Centre, Toronto, ON, CAN, M5H 3P5

McChip Resources Inc invests in petroleum interests in Western Canada, as well as direct and indirect interests in minerals. The indirect interests are in the form of marketable securities and investment in other companies that are listed on recognized exchanges.

52GF Score

Get the complete analysis for TSXV:MCS

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

C$0.84

Price

C$2.03

GF Value

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