ASHXF (Progressive Planet Solutions) EV-to-EBIT: 19.09 (As of Jul. 15, 2026) — 68% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASHXF Progressive Planet Solutions Inc ASHXF
35 GF Score
Price $0.24
GF Value $0.15
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Progressive Planet Solutions EV-to-EBIT?

Progressive Planet Solutions ASHXF -1.18% 35 EV-to-EBIT is 19.09 as of Jul. 15, 2026, which is 68% above its 10-year median of 11.37. GuruFocus rates ASHXF with a GF Score™ of 35/100 and a GF Value™ of $0.15 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 665 Metals & Mining companies, Progressive Planet Solutions ranks worse than 68.72% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Progressive Planet Solutions's Enterprise Value is $29.01 Mil. Progressive Planet Solutions's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was $1.52 Mil. Therefore, Progressive Planet Solutions's EV-to-EBIT for today is 19.09.

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

ASHXF' s EV-to-EBIT Range Over the Past 10 Years
Min: -3209.68   Med: 11.37   Max: 49.52
Current: 19.09

During the past 13 years, the highest EV-to-EBIT of Progressive Planet Solutions was 49.52. The lowest was -3209.68. And the median was 11.37.

ASHXF's EV-to-EBIT is ranked worse than
68.72% of 665 companies
in the Metals & Mining industry
Industry Median: 11.95 vs ASHXF: 19.09

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Progressive Planet Solutions's Enterprise Value for the quarter that ended in Jan. 2026 was $35.78 Mil. Progressive Planet Solutions's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was $1.52 Mil. Progressive Planet Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 was 4.25%.


Progressive Planet Solutions  (OTCPK:ASHXF) 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) %.

Progressive Planet Solutions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2026 ) =EBIT / Enterprise Value (Q: Jan. 2026 )
=1.52/35.7780952
=4.25 %

Progressive Planet Solutions's Enterprise Value for the quarter that ended in Jan. 2026 was $35.78 Mil.
Progressive Planet Solutions's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.52 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.


Progressive Planet Solutions EV-to-EBIT Related Terms


Progressive Planet Solutions EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Progressive Planet Solutions'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.

Progressive Planet Solutions EV-to-EBIT Chart

Progressive Planet Solutions Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.47 -12.57 -54.13 49.45 11.52

Progressive Planet Solutions Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 13.47 11.52 12.47 12.24 22.58

Progressive Planet Solutions EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Progressive Planet Solutions'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.


Progressive Planet Solutions EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Progressive Planet Solutions's EV-to-EBIT falls into.


ASHXF
35GF Score
Progressive Planet Solutions Inc ASHXF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Progressive Planet Solutions EV-to-EBIT Calculation

Progressive Planet Solutions's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29.011/1.52
=19.09

Progressive Planet Solutions's current Enterprise Value is $29.01 Mil.
Progressive Planet Solutions's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.52 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 19.09 mean?
Progressive Planet Solutions (ASHXF) has a EV-to-EBIT of 19.09 as of Jul. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Progressive Planet Solutions and its competitors. This is 68% above median its historical median of 11.37. According to the industry distribution chart, Progressive Planet Solutions ranks #457 out of 665 companies in the Metals & Mining industry, placing it in the top 68.7%.
Is Progressive Planet Solutions' EV-to-EBIT too high?
Progressive Planet Solutions' current EV-to-EBIT of 19.09 is 68% above median its 10-year median of 11.37. The Metals & Mining industry median EV-to-EBIT is 11.95. Progressive Planet Solutions' value of 19.09 is 59.7% above this industry median. Based on the distribution chart, Progressive Planet Solutions ranks #457 out of 665 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Progressive Planet Solutions has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Progressive Planet Solutions' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Progressive Planet Solutions ranks #457 out of 665 companies for EV-to-EBIT. This places Progressive Planet Solutions in the lower half of its industry. The industry median EV-to-EBIT is 11.95. Progressive Planet Solutions' value of 19.09 is 59.7% above this benchmark. While the company's 10-year median is 11.37 vs. the industry median of 11.95, Progressive Planet Solutions has consistently been above the industry average. 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 Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 11.95, based on 665 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. Progressive Planet Solutions's current EV-to-EBIT of 19.09 is 59.7% above the industry median. 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 Progressive Planet Solutions and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Progressive Planet Solutions's current EV-to-EBIT is 19.09, which is 68% above median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Progressive Planet Solutions stock overvalued right now?
Based on GuruFocus' analysis, Progressive Planet Solutions (ASHXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.15, compared to a current price of $0.24 — trading 56.7% above its estimated fair value. The current EV-to-EBIT is 19.09, which is 68% above median its 10-year median of 11.37 and 59.7% above the Metals & Mining industry median of 11.95. Progressive Planet Solutions' overall GF Score™ is 35/100 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 Progressive Planet Solutions (ASHXF), the current EV-to-EBIT is 19.09 as of Jul. 15, 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 Progressive Planet Solutions (ASHXF) Overvalued in 2026?

Based on GuruFocus' analysis, Progressive Planet Solutions stock appears to be overvalued. The current stock price of $0.24 is trading 56.7% above its estimated GF Value™ of $0.15. GuruFocus considers Progressive Planet Solutions to be Significantly Overvalued.

Key valuation signals for ASHXF:

  • EV-to-EBIT: 19.09 (68% above median its 10-year median of 11.37)
  • GF Value™: $0.15 vs. price of $0.24 (56.7% above fair value)
  • GF Score™: 35/100 with 3 warning signs
  • Industry Position: 59.7% above the Metals & Mining median (#457 of 665)

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


Progressive Planet Solutions Business Description

Other Exchanges ARB3:GermanyPLAN:Canada
Address 724 Sarcee Street East, Kamloops, BC, CAN, V2H 1E7
Progressive Planet Solutions Inc is a manufacturer of mineral-based products derived from diatomaceous earth, zeolite, and bentonite. It owns a diatomaceous earth mine and a bentonite mine both located in Canada, and is also an operator and partial owner of a zeolite mine. Its expertise lies in developing critical low-carbon and carbon sequestering solutions. The company is also engaged in research and development activities to expand its current operations by developing products for the agricultural and supplementary cementing materials markets. Geographically, its products are sold in the United States where it generates maximum revenue, and in Canada.
35GF Score

Get the complete analysis for ASHXF

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

$0.24
Price
$0.15
GF Value