Forte Energy (ASX:FEL) EV-to-EBIT: -10.54 (As of Jul. 24, 2026)

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What is Forte Energy EV-to-EBIT?

Forte Energy ASX:FEL +16.67% EV-to-EBIT is -10.54 as of Jul. 24, 2026. Among 690 Oil & Gas companies, Forte Energy ranks worse than 144927.39% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forte Energy's Enterprise Value is A$3.35 Mil. Forte Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.32 Mil. Therefore, Forte Energy's EV-to-EBIT for today is -10.54.

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

ASX:FEL' s EV-to-EBIT Range Over the Past 10 Years
Min: -10.54   Med: 0   Max: 0
Current: -10.54

ASX:FEL's EV-to-EBIT is ranked worse than
100% of 690 companies
in the Oil & Gas industry
Industry Median: 11.875 vs ASX:FEL: -10.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Forte Energy's Enterprise Value for the quarter that ended in Dec. 2025 was A$4.13 Mil. Forte Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.32 Mil. Forte Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.71%.


Forte Energy  (ASX:FEL) 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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Forte Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=-0.318/4.127028
=-7.71 %

Forte Energy's Enterprise Value for the quarter that ended in Dec. 2025 was A$4.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Forte Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.32 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.


Forte Energy EV-to-EBIT Related Terms


Forte Energy EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Forte Energy'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.

Forte Energy EV-to-EBIT Chart

Forte Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.36 -7.19 -3.99 -1.00 -4.68

Forte Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-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 0.00 -1.00 0.00 -4.68 0.00

ASX:FEL vs COP, EOG, FANG: EV-to-EBIT Comparison

For the Oil & Gas E&P subindustry, Forte Energy'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.


Forte Energy EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Forte Energy's EV-to-EBIT distribution charts can be found below:

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



Forte Energy EV-to-EBIT Calculation

Forte Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.352/-0.318
=-10.54

Forte Energy's current Enterprise Value is A$3.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Forte Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.32 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 EV-to-EBIT →
What does a EV-to-EBIT of -10.54 mean?
Forte Energy (ASX:FEL) has a EV-to-EBIT of -10.54 as of Jul. 24, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Forte Energy and its competitors. According to the industry distribution chart, Forte Energy ranks #999999 out of 690 companies in the Oil & Gas industry.
Is Forte Energy's EV-to-EBIT too high?
Forte Energy's current EV-to-EBIT is -10.54. Based on the distribution chart, Forte Energy ranks #999999 out of 690 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does Forte Energy's EV-to-EBIT compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Forte Energy ranks #999999 out of 690 companies for EV-to-EBIT. This places Forte Energy in the lower half of its industry. The industry median EV-to-EBIT is 11.88. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for an Oil & Gas company?
The median EV-to-EBIT among Oil & Gas companies is 11.88, based on 690 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Forte Energy and its competitors. For the Oil & Gas industry, the median EV-to-EBIT is 11.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Energy's current EV-to-EBIT is -10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Energy stock overvalued right now?
Forte Energy (ASX:FEL) has a current EV-to-EBIT of -10.54. The current EV-to-EBIT is -10.54. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Forte Energy (ASX:FEL), the current EV-to-EBIT is -10.54 as of Jul. 24, 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.

Forte Energy Business Description

Industry EnergyOil & Gas
Address 3 Richardson Street, West Perth, Perth, WA, AUS, 6005
Forte Energy Ltd, formerly known as IPB Petroleum Ltd, is an Australian oil and gas exploration company. The company is focused on the oil-prone southern margin of the Browse Basin Offshore North Western Australia. It holds an interest in three petroleum exploration permits - WA-424-P, WA-471-P, and WA-485-P. The company has only one reportable segment, which is Oil and Gas Exploration in Australia.