Quebec Innovative Materials (XCNQ:QIMC) Enterprise Value: C$69.43 Mil (As of Sep. 09, 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.

XCNQ:QIMC Quebec Innovative Materials Corp XCNQ:QIMC
34 GF Score
Price C$0.54
View Full Analysis

What is Quebec Innovative Materials Enterprise Value?

Quebec Innovative Materials XCNQ:QIMC -11.48% 34 Enterprise Value is C$69.43 Mil as of Sep. 09, 2026. GuruFocus rates XCNQ:QIMC with a GF Score™ of 34/100.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Quebec Innovative Materials's Enterprise Value is C$69.43 Mil. Quebec Innovative Materials's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was C$-12.45 Mil. Therefore, Quebec Innovative Materials's EV-to-EBIT ratio for today is -5.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Quebec Innovative Materials's Enterprise Value is C$69.43 Mil. Quebec Innovative Materials's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was C$-12.39 Mil. Therefore, Quebec Innovative Materials's EV-to-EBITDA ratio for today is -5.60.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Quebec Innovative Materials's Enterprise Value is C$69.43 Mil. Quebec Innovative Materials's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 was C$0.00 Mil. Therefore, Quebec Innovative Materials's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Quebec Innovative Materials's Enterprise Value is C$69.43 Mil. Quebec Innovative Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was C$-3.46 Mil. Therefore, Quebec Innovative Materials's EV-to-OCF ratio for today is -20.04.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Quebec Innovative Materials's Enterprise Value is C$69.43 Mil. Quebec Innovative Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was C$-3.84 Mil. Therefore, Quebec Innovative Materials's EV-to-FCF ratio for today is -18.07.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Quebec Innovative Materials  (XCNQ:QIMC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Quebec Innovative Materials's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=69.430/-12.445
=-5.58

Quebec Innovative Materials's current Enterprise Value is C$69.43 Mil.
Quebec Innovative Materials's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12.45 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Quebec Innovative Materials's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=69.430/-12.389
=-5.60

Quebec Innovative Materials's current Enterprise Value is C$69.43 Mil.
Quebec Innovative Materials's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-12.39 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Quebec Innovative Materials's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=69.430/0
=

Quebec Innovative Materials's current Enterprise Value is C$69.43 Mil.
Quebec Innovative Materials's Revenue for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Quebec Innovative Materials's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=69.430/-3.464
=-20.04

Quebec Innovative Materials's current Enterprise Value is C$69.43 Mil.
Quebec Innovative Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.46 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Quebec Innovative Materials's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=69.430/-3.842
=-18.07

Quebec Innovative Materials's current Enterprise Value is C$69.43 Mil.
Quebec Innovative Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-3.84 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.


Quebec Innovative Materials Enterprise Value Related Terms


Quebec Innovative Materials Enterprise Value Historical Data

* Premium members only.

The historical data trend for Quebec Innovative Materials's Enterprise Value 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.

Quebec Innovative Materials Enterprise Value Chart

Quebec Innovative Materials Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Enterprise Value
Get a 7-Day Free Trial 2.05 1.30 2.04 30.08 49.67

Quebec Innovative Materials Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Enterprise Value 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 18.07 49.67 66.62 147.26 77.23

Quebec Innovative Materials Enterprise Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Quebec Innovative Materials's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Quebec Innovative Materials Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Quebec Innovative Materials's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Quebec Innovative Materials's Enterprise Value falls into.


XCNQ:QIMC
34GF Score
Quebec Innovative Materials Corp XCNQ:QIMC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quebec Innovative Materials Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Quebec Innovative Materials's Enterprise Value for the fiscal year that ended in Sep. 2025 is calculated as

Quebec Innovative Materials's Enterprise Value for the quarter that ended in Jun. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of C$69.43 Mil mean?
Quebec Innovative Materials (XCNQ:QIMC) has a Enterprise Value of C$69.43 Mil as of Sep. 09, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Quebec Innovative Materials and its competitors.
Is Quebec Innovative Materials' Enterprise Value too high?
Quebec Innovative Materials' current Enterprise Value is C$69.43 Mil. Overall, Quebec Innovative Materials has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Quebec Innovative Materials' Enterprise Value compare to competitors?
Quebec Innovative Materials' Enterprise Value of C$69.43 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Quebec Innovative Materials and its competitors. Quebec Innovative Materials's current Enterprise Value is C$69.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quebec Innovative Materials stock overvalued right now?
Quebec Innovative Materials (XCNQ:QIMC) has a current Enterprise Value of C$69.43 Mil. The current Enterprise Value is C$69.43 Mil. Quebec Innovative Materials' overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Quebec Innovative Materials (XCNQ:QIMC), the current Enterprise Value is C$69.43 Mil as of Sep. 09, 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.

Quebec Innovative Materials Business Description

Other Exchanges 7FJ:Germany
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Quebec Innovative Materials Corp is engaged in the exploration of mineral resource properties with an emphasis on the Charlevoix Silica Property located in Clermont. The projects of the company involve Industrial Minerals, Pilot processing and Hydrogen Helium. The company geographically operates in Canada and the United States.
34GF Score

Get the complete analysis for XCNQ:QIMC

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

C$0.54
Price