FNINF (49 North Resources) EV-to-EBIT: 1.42 (As of Jul. 19, 2026)

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What is 49 North Resources EV-to-EBIT?

49 North Resources FNINF +1,150.00% EV-to-EBIT is 1.42 as of Jul. 19, 2026. The stock has 3 warning signs investors should review. Among 496 Asset Management companies, 49 North Resources ranks better than 85.08% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, 49 North Resources's Enterprise Value is $3.13 Mil. 49 North Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2.20 Mil. Therefore, 49 North Resources's EV-to-EBIT for today is 1.42.

The historical rank and industry rank for 49 North Resources's EV-to-EBIT or its related term are showing as below:

FNINF' s EV-to-EBIT Range Over the Past 10 Years
Min: -15.09   Med: -0.33   Max: 39.35
Current: 1.47

During the past 13 years, the highest EV-to-EBIT of 49 North Resources was 39.35. The lowest was -15.09. And the median was -0.33.

FNINF's EV-to-EBIT is ranked better than
85.08% of 496 companies
in the Asset Management industry
Industry Median: 9.545 vs FNINF: 1.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. 49 North Resources's Enterprise Value for the quarter that ended in Mar. 2026 was $4.21 Mil. 49 North Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $2.20 Mil. 49 North Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 52.32%.


49 North Resources  (OTCPK:FNINF) 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) %.

49 North Resources'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 )
=2.203/4.210724
=52.32 %

49 North Resources's Enterprise Value for the quarter that ended in Mar. 2026 was $4.21 Mil.
49 North Resources'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 $2.20 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.


49 North Resources EV-to-EBIT Related Terms


49 North Resources EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for 49 North Resources'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.

49 North Resources EV-to-EBIT Chart

49 North Resources 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 0.34 -0.45 -2.22 7.43 4.20

49 North Resources 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 -3.11 -4.01 34.69 4.20 2.29

FNINF vs BLK, BX, KKR: EV-to-EBIT Comparison

For the Asset Management subindustry, 49 North 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.


49 North Resources EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, 49 North Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 49 North Resources's EV-to-EBIT falls into.



49 North Resources EV-to-EBIT Calculation

49 North Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.133/2.203
=1.42

49 North Resources's current Enterprise Value is $3.13 Mil.
49 North Resources'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 $2.20 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 1.42 mean?
49 North Resources (FNINF) has a EV-to-EBIT of 1.42 as of Jul. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on 49 North Resources and its competitors. According to the industry distribution chart, 49 North Resources ranks #74 out of 496 companies in the Asset Management industry, placing it in the top 14.9%.
Is 49 North Resources' EV-to-EBIT too high?
49 North Resources' current EV-to-EBIT is 1.42. The Asset Management industry median EV-to-EBIT is 9.55. 49 North Resources' value of 1.42 is 85.1% below this industry median. Based on the distribution chart, 49 North Resources ranks #74 out of 496 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers.
How does 49 North Resources' EV-to-EBIT compare to BLK and BX?
According to the Asset Management industry distribution chart, 49 North Resources ranks #74 out of 496 companies for EV-to-EBIT. This places 49 North Resources in the top 15% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 9.55. 49 North Resources' value of 1.42 is 85.1% below this benchmark. 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 an Asset Management company?
The median EV-to-EBIT among Asset Management companies is 9.55, based on 496 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. 49 North Resources's current EV-to-EBIT of 1.42 is 85.1% below 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 49 North Resources and its competitors. For the Asset Management industry, the median EV-to-EBIT is 9.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 49 North Resources's current EV-to-EBIT is 1.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 49 North Resources stock overvalued right now?
49 North Resources (FNINF) has a current EV-to-EBIT of 1.42. The current EV-to-EBIT is 1.42 and 85.1% below the Asset Management industry median of 9.55. 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 49 North Resources (FNINF), the current EV-to-EBIT is 1.42 as of Jul. 19, 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.

49 North Resources Business Description

Other Exchanges O49:GermanyFNR:Canada
Address 224 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
49 North Resources Inc is a Saskatchewan-focused resource investment company. The company provides diversified exposure to oil & gas, potash, uranium, diamonds, coal, base & precious metals, and rare earth elements.