SURMF (Surface Metals) EV-to-EBIT: -1.38 (As of Aug. 19, 2026)

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SURMF Surface Metals Inc SURMF
34 GF Score
Price $0.12
! 2 Warning Signs
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What is Surface Metals EV-to-EBIT?

Surface Metals SURMF +7.40% 34 EV-to-EBIT is -1.38 as of Aug. 19, 2026. GuruFocus rates SURMF with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 676 Metals & Mining companies, Surface Metals ranks worse than 147928.85% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Surface Metals's Enterprise Value is $4.42 Mil. Surface Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-3.21 Mil. Therefore, Surface Metals's EV-to-EBIT for today is -1.38.

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

SURMF' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.43   Med: 0   Max: 0
Current: -1.38

SURMF's EV-to-EBIT is ranked worse than
100% of 676 companies
in the Metals & Mining industry
Industry Median: 12.15 vs SURMF: -1.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Surface Metals's Enterprise Value for the quarter that ended in Mar. 2026 was $5.14 Mil. Surface Metals's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-3.21 Mil. Surface Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -62.39%.


Surface Metals  (OTCPK:SURMF) 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) %.

Surface Metals'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 )
=-3.206/5.1387595
=-62.39 %

Surface Metals's Enterprise Value for the quarter that ended in Mar. 2026 was $5.14 Mil.
Surface Metals'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 $-3.21 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.


Surface Metals EV-to-EBIT Related Terms


Surface Metals EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Surface Metals'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.

Surface Metals EV-to-EBIT Chart

Surface Metals Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 -8.45 -5.75 -2.96 -2.69

Surface Metals 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 -3.53 -5.88 -2.69 -2.74 -1.85

Surface Metals EV-to-EBIT Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Surface Metals'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.


Surface Metals EV-to-EBIT vs Metals & Mining Industry

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

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


SURMF
34GF Score
Surface Metals Inc SURMF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Surface Metals EV-to-EBIT Calculation

Surface Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.417/-3.206
=-1.38

Surface Metals's current Enterprise Value is $4.42 Mil.
Surface Metals'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 $-3.21 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 -1.38 mean?
Surface Metals (SURMF) has a EV-to-EBIT of -1.38 as of Aug. 19, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Surface Metals and its competitors. According to the industry distribution chart, Surface Metals ranks #999999 out of 676 companies in the Metals & Mining industry.
Is Surface Metals' EV-to-EBIT too high?
Surface Metals' current EV-to-EBIT is -1.38. Based on the distribution chart, Surface Metals ranks #999999 out of 676 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Surface Metals has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Surface Metals' EV-to-EBIT compare to competitors?
According to the Metals & Mining industry distribution chart, Surface Metals ranks #999999 out of 676 companies for EV-to-EBIT. This places Surface Metals in the lower half of its industry. The industry median EV-to-EBIT is 12.15. 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 12.15, based on 676 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 Surface Metals and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 12.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surface Metals's current EV-to-EBIT is -1.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surface Metals stock overvalued right now?
Surface Metals (SURMF) has a current EV-to-EBIT of -1.38. The current EV-to-EBIT is -1.38. Surface Metals' overall GF Score™ is 34/100 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 Surface Metals (SURMF), the current EV-to-EBIT is -1.38 as of Aug. 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.

Surface Metals Business Description

Other Exchanges SUR:Canada
Address 318 - 1199 West Pender Street, Vancouver, BC, CAN, V6E 2R1
Surface Metals Inc is a mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties located in the State of Nevada, USA, and Manitoba, Canada. The company's projects include Clayton valley, Fish lake valley, Shatford lake, Cat-Euclid lake, Birse lake project.
34GF 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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