AQMS (Aqua Metals) EV-to-EBIT: -0.21 (As of Jul. 21, 2026)

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AQMS Aqua Metals Inc AQMS
21 GF Score
Price $2.81
! 3 Warning Signs
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What is Aqua Metals EV-to-EBIT?

Aqua Metals AQMS +7.25% 21 EV-to-EBIT is -0.21 as of Jul. 21, 2026. GuruFocus rates AQMS with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 165 Waste Management companies, Aqua Metals ranks worse than 606060% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aqua Metals's Enterprise Value is $3.69 Mil. Aqua Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-18.01 Mil. Therefore, Aqua Metals's EV-to-EBIT for today is -0.21.

The historical rank and industry rank for Aqua Metals's EV-to-EBIT or its related term are showing as below:

AQMS' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.41   Med: -2.32   Max: 0.09
Current: -0.21

During the past 12 years, the highest EV-to-EBIT of Aqua Metals was 0.09. The lowest was -15.41. And the median was -2.32.

AQMS's EV-to-EBIT is ranked worse than
100% of 165 companies
in the Waste Management industry
Industry Median: 15.41 vs AQMS: -0.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aqua Metals's Enterprise Value for the quarter that ended in Mar. 2026 was $8.04 Mil. Aqua Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-18.01 Mil. Aqua Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -223.86%.


Aqua Metals  (NAS:AQMS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Aqua Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-18.008/8.04428
=-223.86 %

Aqua Metals's Enterprise Value for the quarter that ended in Mar. 2026 was $8.04 Mil.
Aqua Metals's 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 $-18.01 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.


Aqua Metals EV-to-EBIT Related Terms


Aqua Metals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Aqua Metals's EV-to-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.

Aqua Metals EV-to-EBIT Chart

Aqua Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.36 -6.45 -2.94 -0.82 -0.19

Aqua Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-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 -0.68 -0.14 -0.36 -0.19 -0.45

AQMS vs AWX, OCLN, CDTG: EV-to-EBIT Comparison

For the Waste Management subindustry, Aqua Metals'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.


Aqua Metals EV-to-EBIT vs Waste Management Industry

For the Waste Management industry and Industrials sector, Aqua Metals's EV-to-EBIT distribution charts can be found below:

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


AQMS
21GF Score
Aqua Metals Inc AQMS
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Aqua Metals EV-to-EBIT Calculation

Aqua Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.694/-18.008
=-0.21

Aqua Metals's current Enterprise Value is $3.69 Mil.
Aqua Metals's 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 $-18.01 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 EV-to-EBIT →
What does a EV-to-EBIT of -0.21 mean?
Aqua Metals (AQMS) has a EV-to-EBIT of -0.21 as of Jul. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aqua Metals and its competitors. According to the industry distribution chart, Aqua Metals ranks #999999 out of 165 companies in the Waste Management industry.
Is Aqua Metals' EV-to-EBIT too high?
Aqua Metals' current EV-to-EBIT is -0.21. Based on the distribution chart, Aqua Metals ranks #999999 out of 165 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Aqua Metals has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' EV-to-EBIT compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #999999 out of 165 companies for EV-to-EBIT. This places Aqua Metals in the lower half of its industry. The industry median EV-to-EBIT is 15.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Waste Management company?
The median EV-to-EBIT among Waste Management companies is 15.41, based on 165 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Aqua Metals and its competitors. For the Waste Management industry, the median EV-to-EBIT is 15.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current EV-to-EBIT is -0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current EV-to-EBIT of -0.21. The current EV-to-EBIT is -0.21. Aqua Metals' overall GF Score™ is 21/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Aqua Metals (AQMS), the current EV-to-EBIT is -0.21 as of Jul. 21, 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.

Aqua Metals Business Description

Other Exchanges 0HH6:UK
Address 5370 Kietzke Lane, Suite 201, Reno, NV, USA, 89511
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
21GF Score

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

$2.81
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