First Graphene (ASX:FGR) EBIT: A$-3.32 Mil (TTM As of Dec. 2025)


What is First Graphene EBIT?

First Graphene ASX:FGR +5.26% EBIT is A$-3.32 Mil as of Dec. 2025. The stock has 4 warning signs investors should review.

First Graphene's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was A$-1.62 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.32 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Graphene's annualized ROC % for the quarter that ended in Dec. 2025 was -73.01%. First Graphene's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -150.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Graphene's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.23%.

First Graphene  (ASX:FGR) EBIT Explanation

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

First Graphene's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-4.456 * ( 1 - 0% )/( (7.479 + 4.727)/ 2 )
=-4.456/6.103
=-73.01 %

where

Invested Capital(Q: Jun. 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))
=8.084 - 0.246 - ( 2.613 - max(0, 3.252 - 3.611+2.613))
=7.479

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))
=9.786 - 0.292 - ( 4.9 - max(0, 0.727 - 5.494+4.9))
=4.727

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

First Graphene's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.234/( ( (2.078 + max(0.449, 0)) + (1.736 + max(0.048999999999999, 0)) )/ 2 )
=-3.234/( ( 2.527 + 1.785 )/ 2 )
=-3.234/2.156
=-150.00 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.116 + 0.645 + 0.205) - (0.246 + 0 + 0.271)
=0.449

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.049 + 0.355 + 0.19) - (0.292 + 0 + 0.253)
=0.048999999999999

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

First Graphene's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-3.318/45.909
=-7.23 %

* 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.

First Graphene EBIT Related Terms

First Graphene EBIT Historical Data

* Premium members only.

The historical data trend for First Graphene's 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.

First Graphene EBIT Chart

First Graphene Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.25 -4.73 -4.62 -4.91 -4.42

First Graphene Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EBIT 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 -2.81 -2.10 -2.72 -1.70 -1.62

ASX:FGR vs DOW: EBIT Comparison

For the Chemicals subindustry, First Graphene'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.

First Graphene EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where First Graphene's EV-to-EBIT falls into.


First Graphene EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$-3.32 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 EBIT →
What does a EBIT of A$-3.32 Mil mean?
First Graphene (ASX:FGR) has a EBIT of A$-3.32 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Graphene.
Is First Graphene's EBIT too high?
First Graphene's current EBIT is A$-3.32 Mil.
How does First Graphene's EBIT compare to DOW?
First Graphene's EBIT of A$-3.32 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Chemicals company?
A good EBIT depends on the Chemicals industry context. However, EBIT 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 mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Graphene. First Graphene's current EBIT is A$-3.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 50% above its estimated fair value. The current EBIT is A$-3.32 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For First Graphene (ASX:FGR), the current EBIT is A$-3.32 Mil as of Dec. 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.

First Graphene Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.