EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fortescue's Enterprise Value is $49,427 Mil.
Fortescue's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8,417 Mil. Therefore, Fortescue's EV-to-EBIT for today is 5.87.
The historical rank and industry rank for Fortescue's EV-to-EBIT or its related term are showing as below:
FSUGY'
s EV-to-EBIT Range Over the Past 10 Years
Min: 2.04 Med: 6.24 Max: 15.59
Current: 5.87
During the past 13 years, the highest EV-to-EBIT of Fortescue was 15.59. The lowest was 2.04. And the median was 6.24.
FSUGY's EV-to-EBIT is ranked better than 72.81% of 581
companies
in the Metals & Mining industry
Industry Median: 12.49
vs FSUGY: 5.87
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fortescue's Enterprise Value for the quarter that ended in Dec. 2023 was $61,008 Mil.
Fortescue's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8,417 Mil. Fortescue's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.80%.
Fortescue EV-to-EBIT Historical Data
The historical data trend for Fortescue'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 Other Industrial Metals & Mining subindustry, Fortescue'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.
Fortescue's EV-to-EBIT Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fortescue's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Fortescue's EV-to-EBIT falls into.
Fortescue EV-to-EBIT Calculation
Fortescue's EV-to-EBIT for today is calculated as:
Fortescue's current Enterprise Value is $49,427 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortescue's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8,417 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.
Fortescue (OTCPK:FSUGY) 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.
Fortescue's Enterprise Value for the quarter that ended in Dec. 2023 was $61,008 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortescue's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8,417 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.
Fortescue EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Fortescue's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FSUGY has been successfully added to your 