GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (OTCPK:FSUGY) » Definitions » EV-to-EBITDA

Fortescue (Fortescue) EV-to-EBITDA

: 4.91 (As of Today)
View and export this data going back to 2008. Start your Free Trial

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Fortescue's enterprise value is $50,214 Mil. Fortescue's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $10,224 Mil. Therefore, Fortescue's EV-to-EBITDA for today is 4.91.

The historical rank and industry rank for Fortescue's EV-to-EBITDA or its related term are showing as below:

FSUGY' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.87   Med: 4.69   Max: 10.77
Current: 5.1

During the past 13 years, the highest EV-to-EBITDA of Fortescue was 10.77. The lowest was 1.87. And the median was 4.69.

FSUGY's EV-to-EBITDA is ranked better than
71.52% of 632 companies
in the Metals & Mining industry
Industry Median: 9.785 vs FSUGY: 5.10

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-18), Fortescue's stock price is $32.74. Fortescue's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.744. Therefore, Fortescue's PE Ratio for today is 8.74.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Fortescue EV-to-EBITDA Historical Data

The historical data trend for Fortescue's EV-to-EBITDA 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.

* Premium members only.

Fortescue Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.67 3.64 3.23 3.73 5.40

Fortescue Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only - 3.73 - 5.40 -

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Fortescue's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA Distribution

For the Metals & Mining industry and Basic Materials sector, Fortescue's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fortescue's EV-to-EBITDA falls into.



Fortescue EV-to-EBITDA Calculation

Fortescue's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=50213.697/10224
=4.91

Fortescue's current Enterprise Value is $50,214 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortescue's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $10,224 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-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Fortescue's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.74/3.744
=8.74

Fortescue's share price for today is $32.74.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortescue's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $3.744.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Fortescue EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Fortescue's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Fortescue (Fortescue) Business Description

Traded in Other Exchanges
Address
87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004
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.