FNICF (Fathom Nickel) EV-to-EBIT: -5.63 (As of Jul. 16, 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.

What is Fathom Nickel EV-to-EBIT?

Fathom Nickel FNICF +22.30% EV-to-EBIT is -5.63 as of Jul. 16, 2026. The stock has 1 warning sign investors should review. Among 665 Metals & Mining companies, Fathom Nickel ranks worse than 150375.79% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fathom Nickel's Enterprise Value is $4.28 Mil. Fathom Nickel's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.76 Mil. Therefore, Fathom Nickel's EV-to-EBIT for today is -5.63.

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

FNICF' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.63   Med: 0   Max: 0
Current: -5.63

FNICF's EV-to-EBIT is ranked worse than
100% of 665 companies
in the Metals & Mining industry
Industry Median: 11.95 vs FNICF: -5.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fathom Nickel's Enterprise Value for the quarter that ended in Mar. 2026 was $7.41 Mil. Fathom Nickel's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.76 Mil. Fathom Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.26%.


Fathom Nickel  (OTCPK:FNICF) 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) %.

Fathom Nickel'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 )
=-0.76/7.4070539
=-10.26 %

Fathom Nickel's Enterprise Value for the quarter that ended in Mar. 2026 was $7.41 Mil.
Fathom Nickel'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 $-0.76 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.


Fathom Nickel EV-to-EBIT Related Terms


Fathom Nickel EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Fathom Nickel'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.

Fathom Nickel EV-to-EBIT Chart

Fathom Nickel Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial -2.89 -2.01 -5.98 -2.83 -5.10

Fathom Nickel 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 -3.05 -6.51 -5.20 -5.10 -10.29

Fathom Nickel EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Fathom Nickel'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.


Fathom Nickel EV-to-EBIT vs Metals & Mining Industry

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

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



Fathom Nickel EV-to-EBIT Calculation

Fathom Nickel's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.279/-0.76
=-5.63

Fathom Nickel's current Enterprise Value is $4.28 Mil.
Fathom Nickel'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 $-0.76 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 -5.63 mean?
Fathom Nickel (FNICF) has a EV-to-EBIT of -5.63 as of Jul. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Fathom Nickel and its competitors. According to the industry distribution chart, Fathom Nickel ranks #999999 out of 665 companies in the Metals & Mining industry.
Is Fathom Nickel's EV-to-EBIT too high?
Fathom Nickel's current EV-to-EBIT is -5.63. Based on the distribution chart, Fathom Nickel ranks #999999 out of 665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Fathom Nickel's EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Fathom Nickel ranks #999999 out of 665 companies for EV-to-EBIT. This places Fathom Nickel in the lower half of its industry. The industry median EV-to-EBIT is 11.95. 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. 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 Fathom Nickel 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. Fathom Nickel's current EV-to-EBIT is -5.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fathom Nickel stock overvalued right now?
Fathom Nickel (FNICF) has a current EV-to-EBIT of -5.63. The current EV-to-EBIT is -5.63. 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 Fathom Nickel (FNICF), the current EV-to-EBIT is -5.63 as of Jul. 16, 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.

Fathom Nickel Business Description

Other Exchanges 6Q5:GermanyFNI:Canada
Address 1240 Kensington Road NW, Suite 311, No. 104, Calgary, AB, CAN, T2N 3P7
Fathom Nickel Inc is a resource development and exploration company engaged in exploring base and precious metals in Canada. Its projects include the Albert Lake Project and the Gochager Lake Project.