DSVSF (Discovery Mining) Operating Income: $428 Mil (TTM As of Jun. 2026)

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DSVSF Discovery Mining Ltd DSVSF
37 GF Score
Price $8.20
! 4 Warning Signs
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What is Discovery Mining Operating Income?

Discovery Mining DSVSF +2.89% 37 Operating Income is $428 Mil as of Jun. 2026. GuruFocus rates DSVSF with a GF Score™ of 37/100. The stock has 4 warning signs investors should review.

Discovery Mining's Operating Income for the three months ended in Jun. 2026 was $130 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $428 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Discovery Mining's Operating Income for the three months ended in Jun. 2026 was $130 Mil. Discovery Mining's Revenue for the three months ended in Jun. 2026 was $319 Mil. Therefore, Discovery Mining's Operating Margin % for the quarter that ended in Jun. 2026 was 40.69%.

Discovery Mining's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Discovery Mining's annualized ROC % for the quarter that ended in Jun. 2026 was 14.33%. Discovery Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 35.72%.


Discovery Mining  (OTCPK:DSVSF) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Discovery Mining's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=519.34 * ( 1 - 53.75% )/( (1375.104 + 1976.997)/ 2 )
=240.19475/1676.0505
=14.33 %

where

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1799.779 - 136.489 - ( 384.935 - max(0, 216.238 - 504.424+384.935))
=1375.104

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2395.911 - 148.183 - ( 364.294 - max(0, 282.152 - 552.883+364.294))
=1976.997

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Discovery Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=517.62/( ( (1209.553 + max(-114.787, 0)) + (1688.517 + max(-111.343, 0)) )/ 2 )
=517.62/( ( 1209.553 + 1688.517 )/ 2 )
=517.62/1449.035
=35.72 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.072 + 80.174 + 10.205) - (136.489 + 26.226 + 53.523)
=-114.787

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(47.349 + 110.747 + 12.713) - (148.183 + 27.097 + 106.872)
=-111.343

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Discovery Mining's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=129.835/319.094
=40.69 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Discovery Mining Operating Income Related Terms


Discovery Mining Operating Income Historical Data

* Premium members only.

The historical data trend for Discovery Mining's Operating Income 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.

Discovery Mining Operating Income Chart

Discovery Mining Annual Data
Trend Aug16 Aug17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.36 -33.95 -14.79 -14.10 191.32

Discovery Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income 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 43.13 76.68 78.18 142.97 129.84
DSVSF
37GF Score
Discovery Mining Ltd DSVSF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Discovery Mining Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 $428 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 Operating Income →
What does a Operating Income of $428 Mil mean?
Discovery Mining (DSVSF) has a Operating Income of $428 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Discovery Mining and its competitors.
Is Discovery Mining's Operating Income too high?
Discovery Mining's current Operating Income is $428 Mil. Overall, Discovery Mining has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Discovery Mining's Operating Income compare to EXK?
Discovery Mining's Operating Income of $428 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 Operating Income for a Metals & Mining company?
A good Operating Income depends on the Metals & Mining industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Discovery Mining and its competitors. Discovery Mining's current Operating Income is $428 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery Mining stock overvalued right now?
Discovery Mining (DSVSF) has a current Operating Income of $428 Mil. The current Operating Income is $428 Mil. Discovery Mining's overall GF Score™ is 37/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Discovery Mining (DSVSF), the current Operating Income is $428 Mil as of Jun. 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.

Discovery Mining Business Description

Address 79 Wellington Street W, Suite 2410, Toronto, ON, CAN, M5K 1E7
Discovery Silver Corp is a precious metals company with assets in Canada and Mexico. It currently produces gold from the Porcupine operations in and near Timmins, Ontario, Canada. The Porcupine Operations include the Hoyle Pond and Borden underground mines, and the Pamour open pit. Additionally, the company owns the Cordero project, which is a development-stage silver project located in Mexico. The firm has one reportable segment: Porcupine Complex (comprising its operating mines and mill).
37GF Score

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

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