SPCNF (SPC Nickel) EV-to-EBIT: -5.40 (As of Jul. 20, 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 SPC Nickel EV-to-EBIT?

SPC Nickel SPCNF -8.11% EV-to-EBIT is -5.40 as of Jul. 20, 2026. Among 663 Metals & Mining companies, SPC Nickel ranks worse than 150829.41% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SPC Nickel's Enterprise Value is $14.47 Mil. SPC Nickel's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $-2.68 Mil. Therefore, SPC Nickel's EV-to-EBIT for today is -5.40.

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

SPCNF' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.55   Med: 0   Max: 0
Current: -5.55

SPCNF's EV-to-EBIT is ranked worse than
100% of 663 companies
in the Metals & Mining industry
Industry Median: 11.7 vs SPCNF: -5.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. SPC Nickel's Enterprise Value for the quarter that ended in May. 2026 was $10.89 Mil. SPC Nickel's EBIT for the trailing twelve months (TTM) ended in May. 2026 was $-2.68 Mil. SPC Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was -24.60%.


SPC Nickel  (OTCPK:SPCNF) 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) %.

SPC Nickel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2026 ) =EBIT / Enterprise Value (Q: May. 2026 )
=-2.679/10.89116
=-24.60 %

SPC Nickel's Enterprise Value for the quarter that ended in May. 2026 was $10.89 Mil.
SPC Nickel's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.68 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.


SPC Nickel EV-to-EBIT Related Terms


SPC Nickel EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for SPC 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.

SPC Nickel EV-to-EBIT Chart

SPC Nickel Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EV-to-EBIT
Get a 7-Day Free Trial -2.63 -0.98 -1.74 -2.33 -3.10

SPC Nickel Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -1.72 -3.10 -6.94 -7.43 -5.05

SPC Nickel EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, SPC 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.


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

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

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



SPC Nickel EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14.468/-2.679
=-5.40

SPC Nickel's current Enterprise Value is $14.47 Mil.
SPC Nickel's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.68 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 -5.40 mean?
SPC Nickel (SPCNF) has a EV-to-EBIT of -5.40 as of Jul. 20, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on SPC Nickel and its competitors. According to the industry distribution chart, SPC Nickel ranks #999999 out of 663 companies in the Metals & Mining industry.
Is SPC Nickel's EV-to-EBIT too high?
SPC Nickel's current EV-to-EBIT is -5.40. Based on the distribution chart, SPC Nickel ranks #999999 out of 663 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does SPC Nickel's EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, SPC Nickel ranks #999999 out of 663 companies for EV-to-EBIT. This places SPC Nickel in the lower half of its industry. The industry median EV-to-EBIT is 11.70. 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 11.70, based on 663 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 SPC Nickel and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPC Nickel's current EV-to-EBIT is -5.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPC Nickel stock overvalued right now?
SPC Nickel (SPCNF) has a current EV-to-EBIT of -5.40. The current EV-to-EBIT is -5.40. 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 SPC Nickel (SPCNF), the current EV-to-EBIT is -5.40 as of Jul. 20, 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.

SPC Nickel Business Description

Other Exchanges 06E:GermanySPC:Canada
Address 1351C Kelly Lake Road, Unit 9, Sudbury, ON, CAN, P3E 5P5
SPC Nickel Corp is a junior mining exploration company engaged in the acquisition, exploration, and development of mineral properties located in Canada. The company is focused on exploring for high-grade polymetallic Cu-Ni-PGM mineralization in Nunavut and within the world-class Sudbury Mining Camp. It is currently exploring its district-scale polymetallic Muskox Project in Nunavut. Its projects include the Muskox Project, Nunavut, Canada; the Lockerby East Property, Ontario, Canada; the Owen Nickel Property; the Janes Property; and the Aer-Kidd Project, Ontario, Canada.