FANCF (First Atlantic Nickelbalt) EV-to-EBIT: -18.29 (As of Jul. 23, 2026)

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.

FANCF First Atlantic Nickel & Cobalt Corp FANCF
34 GF Score
Price $0.44
View Full Analysis

What is First Atlantic Nickelbalt EV-to-EBIT?

First Atlantic Nickelbalt FANCF +3.95% 34 EV-to-EBIT is -18.29 as of Jul. 23, 2026. GuruFocus rates FANCF with a GF Score™ of 34/100. Among 666 Metals & Mining companies, First Atlantic Nickelbalt ranks worse than 150150% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Atlantic Nickelbalt's Enterprise Value is $63.88 Mil. First Atlantic Nickelbalt's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-3.49 Mil. Therefore, First Atlantic Nickelbalt's EV-to-EBIT for today is -18.29.

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

FANCF' s EV-to-EBIT Range Over the Past 10 Years
Min: -19.16   Med: 0   Max: 0
Current: -18.29

FANCF's EV-to-EBIT is ranked worse than
100% of 666 companies
in the Metals & Mining industry
Industry Median: 11.865 vs FANCF: -18.29

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Atlantic Nickelbalt's Enterprise Value for the quarter that ended in Apr. 2026 was $86.69 Mil. First Atlantic Nickelbalt's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 was $-3.49 Mil. First Atlantic Nickelbalt's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -4.03%.


First Atlantic Nickelbalt  (OTCPK:FANCF) 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) %.

First Atlantic Nickelbalt's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2026 ) =EBIT / Enterprise Value (Q: Apr. 2026 )
=-3.493/86.6922224
=-4.03 %

First Atlantic Nickelbalt's Enterprise Value for the quarter that ended in Apr. 2026 was $86.69 Mil.
First Atlantic Nickelbalt's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.49 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.


First Atlantic Nickelbalt EV-to-EBIT Related Terms


First Atlantic Nickelbalt EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for First Atlantic Nickelbalt'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.

First Atlantic Nickelbalt EV-to-EBIT Chart

First Atlantic Nickelbalt Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.55 -0.14 -3.16 -10.88 -12.29

First Atlantic Nickelbalt Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -7.72 -8.83 -7.08 -12.29 -25.07

First Atlantic Nickelbalt EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Atlantic Nickelbalt'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.


First Atlantic Nickelbalt EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where First Atlantic Nickelbalt's EV-to-EBIT falls into.


FANCF
34GF Score
First Atlantic Nickel & Cobalt Corp FANCF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Atlantic Nickelbalt EV-to-EBIT Calculation

First Atlantic Nickelbalt's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=63.884/-3.493
=-18.29

First Atlantic Nickelbalt's current Enterprise Value is $63.88 Mil.
First Atlantic Nickelbalt's EBIT for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.49 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 -18.29 mean?
First Atlantic Nickelbalt (FANCF) has a EV-to-EBIT of -18.29 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Atlantic Nickelbalt and its competitors. According to the industry distribution chart, First Atlantic Nickelbalt ranks #999999 out of 666 companies in the Metals & Mining industry.
Is First Atlantic Nickelbalt's EV-to-EBIT too high?
First Atlantic Nickelbalt's current EV-to-EBIT is -18.29. Based on the distribution chart, First Atlantic Nickelbalt ranks #999999 out of 666 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, First Atlantic Nickelbalt has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does First Atlantic Nickelbalt's EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, First Atlantic Nickelbalt ranks #999999 out of 666 companies for EV-to-EBIT. This places First Atlantic Nickelbalt in the lower half of its industry. The industry median EV-to-EBIT is 11.87. 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 11.87, based on 666 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 First Atlantic Nickelbalt and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Atlantic Nickelbalt's current EV-to-EBIT is -18.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Atlantic Nickelbalt stock overvalued right now?
First Atlantic Nickelbalt (FANCF) has a current EV-to-EBIT of -18.29. The current EV-to-EBIT is -18.29. First Atlantic Nickelbalt's overall GF Score™ is 34/100. 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 First Atlantic Nickelbalt (FANCF), the current EV-to-EBIT is -18.29 as of Jul. 23, 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.

First Atlantic Nickelbalt Business Description

Other Exchanges P210:GermanyFAN:Canada
Address 1075 West Georgia Street, Suite 1890, Vancouver, BC, CAN, V6E 3C9
First Atlantic Nickel & Cobalt Corp is engaged in the identification, evaluation and acquisition of mineral properties in Canada. The Company owned a 100% interest in, or held options to acquire the Voisey's West Property, Rey Lake Property, Lucky Mike Mineral Property, Pipestone XL, Atlantis Project and the Ophiolite X Project.
34GF Score

Get the complete analysis for FANCF

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

$0.44
Price