Monument Mining (TSXV:MMY) Operating Income: C$129.8 Mil (TTM As of Mar. 2026)

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TSXV:MMY Monument Mining Ltd TSXV:MMY
75 GF Score
Price C$0.73
GF Value C$1.06
Valuation Significantly Undervalued
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What is Monument Mining Operating Income?

Monument Mining TSXV:MMY +1.39% 75 Operating Income is C$129.8 Mil as of Mar. 2026. GuruFocus rates TSXV:MMY with a GF Score™ of 75/100 and a GF Value™ of C$1.06 (Significantly Undervalued).

Monument Mining's Operating Income for the three months ended in Mar. 2026 was C$38.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was C$129.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Monument Mining's Operating Income for the three months ended in Mar. 2026 was C$38.7 Mil. Monument Mining's Revenue for the three months ended in Mar. 2026 was C$64.5 Mil. Therefore, Monument Mining's Operating Margin % for the quarter that ended in Mar. 2026 was 59.98%.

Monument 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. Monument Mining's annualized ROC % for the quarter that ended in Mar. 2026 was 74.01%. Monument Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 106.35%.


Monument Mining  (TSXV:MMY) Operating Income Explanation

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

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

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=154.828 * ( 1 - 23.02% )/( (158.711 + 163.382)/ 2 )
=119.1865944/161.0465
=74.01 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=305.545 - 33.362 - ( 113.472 - max(0, 33.447 - 152.886+113.472))
=158.711

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

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

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=161.472/( ( (144.463 + max(5.254, 0)) + (144.358 + max(9.578, 0)) )/ 2 )
=161.472/( ( 149.717 + 153.936 )/ 2 )
=161.472/151.8265
=106.35 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.211 + 15.457 + 1.947) - (33.362 + 0 + -0.00099999999999767)
=5.254

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.844 + 16.039 + 2.496) - (31.8 + 0 + 0.0010000000000012)
=9.578

When net working capital is negative, 0 is used.

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

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

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

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=38.707/64.538
=59.98 %

* 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.


Monument Mining Operating Income Related Terms


Monument Mining Operating Income Historical Data

* Premium members only.

The historical data trend for Monument 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.

Monument Mining Operating Income Chart

Monument Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 -6.63 -5.25 18.75 70.11

Monument Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 13.66 33.83 20.99 36.28 38.71
TSXV:MMY
75GF Score
Monument Mining Ltd TSXV:MMY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Monument 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$129.8 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 C$129.8 Mil mean?
Monument Mining (TSXV:MMY) has a Operating Income of C$129.8 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Monument Mining and its competitors.
Is Monument Mining's Operating Income too high?
Monument Mining's current Operating Income is C$129.8 Mil. Overall, Monument Mining has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Monument Mining's Operating Income compare to NEM and AU?
Monument Mining's Operating Income of C$129.8 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 Monument Mining and its competitors. Monument Mining's current Operating Income is C$129.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monument Mining stock overvalued right now?
Based on GuruFocus' analysis, Monument Mining (TSXV:MMY) is currently considered Significantly Undervalued. The stock's GF Value™ is C$1.06, compared to a current price of C$0.73 — trading 31.1% below its estimated fair value. The current Operating Income is C$129.8 Mil. Monument Mining's overall GF Score™ is 75/100. 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 Monument Mining (TSXV:MMY), the current Operating Income is C$129.8 Mil as of Mar. 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.

Is Monument Mining (TSXV:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued. The current stock price of C$0.73 is trading 31.1% below its estimated GF Value™ of C$1.06. GuruFocus considers Monument Mining to be Significantly Undervalued.

Key valuation signals for TSXV:MMY:

  • Operating Income: C$129.8 Mil
  • GF Value™: C$1.06 vs. price of C$0.73 (31.1% below fair value)
  • GF Score™: 75/100

No single metric tells the full story. See the TSXV:MMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Monument Mining Business Description

Other Exchanges MMTMF:USAD7Q1:Germany
Address 1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.
75GF Score

Get the complete analysis for TSXV:MMY

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

C$0.73
Price
C$1.06
GF Value