FOMI (Formation Minerals) EBIT per Share: $-0.01 (TTM As of Jan. 2025)


What is Formation Minerals EBIT per Share?

Formation Minerals FOMI EBIT per Share is $-0.01 as of Jan. 2025.

Formation Minerals's EBIT per Share for the three months ended in Jan. 2025 was $-0.01. Its EBIT per Share for the trailing twelve months (TTM) ended in Jan. 2025 was $-0.01.

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 EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Formation Minerals's EBIT per Share or its related term are showing as below:

FOMI's 3-Year EBIT Growth Rate is not ranked *
in the Oil & Gas industry.
Industry Median: -1.3
* Ranked among companies with meaningful 3-Year EBIT Growth Rate only.

Formation Minerals's EBIT for the three months ended in Jan. 2025 was $-0.94 Mil.

Formation Minerals  (OTCPK:FOMI) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Formation Minerals EBIT per Share Related Terms

Formation Minerals EBIT per Share Historical Data

* Premium members only.

The historical data trend for Formation Minerals's EBIT per Share 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.

Formation Minerals EBIT per Share Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
EBIT per Share
-0.01 -0.01 -0.01 -0.03

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
EBIT per Share 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 -0.24 0.01 0.00 -0.01 -0.01

Formation Minerals EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Formation Minerals's EBIT per Share for the fiscal year that ended in Apr. 2024 is calculated as

EBIT per Share(A: Apr. 2024 )
=EBIT/Shares Outstanding (Diluted Average)
=-1.676/56.349
=-0.03

Formation Minerals's EBIT per Share for the quarter that ended in Jan. 2025 is calculated as

EBIT per Share(Q: Jan. 2025 )
=EBIT/Shares Outstanding (Diluted Average)
=-0.944/99.113
=-0.01

EBIT per Share for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.01

* 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 EBIT per Share →
What does a EBIT per Share of $-0.01 mean?
Formation Minerals (FOMI) has a EBIT per Share of $-0.01 as of Jan. 2025. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' EBIT per Share too high?
Formation Minerals' current EBIT per Share is $-0.01.
How does Formation Minerals' EBIT per Share compare to AVACF and COP?
Formation Minerals' EBIT per Share of $-0.01 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT per Share for an Oil & Gas company?
A good EBIT per Share depends on the Oil & Gas industry context. However, EBIT per Share 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 EBIT per Share mean?
A high EBIT per Share can signal that a stock is expensive relative to its fundamentals. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Formation Minerals and its competitors. Formation Minerals's current EBIT per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current EBIT per Share of $-0.01. The current EBIT per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT per Share calculated?
EBIT per Share is calculated from a company's financial statements. For Formation Minerals (FOMI), the current EBIT per Share is $-0.01 as of Jan. 2025. 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.

Formation Minerals Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.