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.
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.
Fortune BayTSXV:FOR -2.94%33 EV-to-EBIT is -25.41 as of Jul. 26, 2026. GuruFocus rates TSXV:FOR with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 665 Metals & Mining companies, Fortune Bay ranks worse than 150375.79% on this metric.
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.
Fortune Bay's Enterprise Value for the quarter that ended in Mar. 2026 was C$35.35 Mil.
Fortune Bay's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.83 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.
Fortune Bay EV-to-EBIT Related Terms
Fortune Bay EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Fortune Bay'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.
For the Gold subindustry, Fortune Bay'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.
Fortune Bay EV-to-EBIT vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortune Bay's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Fortune Bay's EV-to-EBIT falls into.
Fortune Bay's current Enterprise Value is C$46.50 Mil.
Fortune Bay's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.83 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.
Fortune Bay (TSXV:FOR) has a EV-to-EBIT of -25.41 as of Jul. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Fortune Bay and its competitors. According to the industry distribution chart, Fortune Bay ranks #999999 out of 665 companies in the Metals & Mining industry.
Is Fortune Bay's EV-to-EBIT too high?
Fortune Bay's current EV-to-EBIT is -25.41. Based on the distribution chart, Fortune Bay ranks #999999 out of 665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Fortune Bay has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Fortune Bay's EV-to-EBIT compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Fortune Bay ranks #999999 out of 665 companies for EV-to-EBIT. This places Fortune Bay in the lower half of its industry. The industry median EV-to-EBIT is 11.81. 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 11.81, 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 Fortune Bay and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Bay's current EV-to-EBIT is -25.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Bay stock overvalued right now?
Fortune Bay (TSXV:FOR) has a current EV-to-EBIT of -25.41. The current EV-to-EBIT is -25.41. Fortune Bay's overall GF Score™ is 33/100 with 1 warning sign 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 Fortune Bay (TSXV:FOR), the current EV-to-EBIT is -25.41 as of Jul. 26, 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.
Fortune Bay Corp is engaged in the acquisition, exploration, and development of mineral interests. It is in the process of exploring and evaluating its mineral properties in Canada and Mexico, which include the Poma Rosa Project which is located in the state of Chiapas, Mexico and the Goldfields Project, Murmac Uranium Project, and Strike Uranium Project in Canada. In addition, it has acquired the Woods Uranium Project, including the Spruce, Pine, Aspen, Birch, and Fir Projects located in the Northern Saskatchewan region of Canada.
33GF Score
Get the complete analysis for TSXV:FOR
EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:FOR has been successfully added to your 
