Headwater Gold (FRA:997) EV-to-EBIT: -21.22 (As of Aug. 10, 2026)

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FRA:997 Headwater Gold Inc FRA:997
22 GF Score
Price €0.28
! 2 Warning Signs
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What is Headwater Gold EV-to-EBIT?

Headwater Gold FRA:997 -1.39% 22 EV-to-EBIT is -21.22 as of Aug. 10, 2026. GuruFocus rates FRA:997 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 671 Metals & Mining companies, Headwater Gold ranks worse than 149031.15% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Headwater Gold's Enterprise Value is €25.86 Mil. Headwater Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was €-1.22 Mil. Therefore, Headwater Gold's EV-to-EBIT for today is -21.22.

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

FRA:997' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.36   Med: 0   Max: 0
Current: -21.36

FRA:997's EV-to-EBIT is ranked worse than
100% of 671 companies
in the Metals & Mining industry
Industry Median: 12.66 vs FRA:997: -21.36

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Headwater Gold's Enterprise Value for the quarter that ended in Feb. 2026 was €29.33 Mil. Headwater Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 was €-1.22 Mil. Headwater Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was -4.16%.


Headwater Gold  (FRA:997) 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) %.

Headwater Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2026 ) =EBIT / Enterprise Value (Q: Feb. 2026 )
=-1.219/29.328328
=-4.16 %

Headwater Gold's Enterprise Value for the quarter that ended in Feb. 2026 was €29.33 Mil.
Headwater Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.22 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.


Headwater Gold EV-to-EBIT Related Terms


Headwater Gold EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Headwater Gold'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.

Headwater Gold EV-to-EBIT Chart

Headwater Gold Annual Data
Trend Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
EV-to-EBIT
Get a 7-Day Free Trial -2.91 -16.85 20.51 -2.80 -21.79

Headwater Gold Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -2.80 -3.61 -24.54 -24.08 -21.79

FRA:997 vs NEM, AU: EV-to-EBIT Comparison

For the Gold subindustry, Headwater Gold'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.


Headwater Gold EV-to-EBIT vs Metals & Mining Industry

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

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


FRA:997
22GF Score
Headwater Gold Inc FRA:997
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Headwater Gold EV-to-EBIT Calculation

Headwater Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25.862/-1.219
=-21.22

Headwater Gold's current Enterprise Value is €25.86 Mil.
Headwater Gold's EBIT for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.22 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 -21.22 mean?
Headwater Gold (FRA:997) has a EV-to-EBIT of -21.22 as of Aug. 10, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Headwater Gold and its competitors. According to the industry distribution chart, Headwater Gold ranks #999999 out of 671 companies in the Metals & Mining industry.
Is Headwater Gold's EV-to-EBIT too high?
Headwater Gold's current EV-to-EBIT is -21.22. Based on the distribution chart, Headwater Gold ranks #999999 out of 671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Headwater Gold has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Headwater Gold's EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Headwater Gold ranks #999999 out of 671 companies for EV-to-EBIT. This places Headwater Gold in the lower half of its industry. The industry median EV-to-EBIT is 12.66. 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 12.66, based on 671 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 Headwater Gold and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Headwater Gold's current EV-to-EBIT is -21.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Headwater Gold stock overvalued right now?
Headwater Gold (FRA:997) has a current EV-to-EBIT of -21.22. The current EV-to-EBIT is -21.22. Headwater Gold's overall GF Score™ is 22/100 with 2 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 Headwater Gold (FRA:997), the current EV-to-EBIT is -21.22 as of Aug. 10, 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.

Headwater Gold Business Description

Other Exchanges HWAUF:USAHWG:Canada
Address 1130 West Pender Street, Suite 1210, Vancouver, BC, CAN, V6E 4A4
Headwater Gold Inc is a mineral exploration company focused on exploring high-grade precious metal deposits in the Western USA. It has acquired interests in a portfolio of mineral projects in Idaho and Nevada, and also holds other mineral projects through third-party agreements and property options, and certain projects are subject to NSRs. The company's project portfolio includes the Mahogany, Agate Point, Midas North, and Spring Peak projects.
22GF Score

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

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