First Graphene (ASX:FGR) EV-to-EBIT: -14.64 (As of Jul. 27, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is First Graphene EV-to-EBIT?

First Graphene ASX:FGR +3.45% EV-to-EBIT is -14.64 as of Jul. 27, 2026. The stock has 4 warning signs investors should review. Among 1,241 Chemicals companies, First Graphene ranks worse than 80580.1% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Graphene's Enterprise Value is A$48.56 Mil. First Graphene's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.32 Mil. Therefore, First Graphene's EV-to-EBIT for today is -14.64.

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

ASX:FGR' s EV-to-EBIT Range Over the Past 10 Years
Min: -27.84   Med: -10.39   Max: -3.21
Current: -14.64

During the past 13 years, the highest EV-to-EBIT of First Graphene was -3.21. The lowest was -27.84. And the median was -10.39.

ASX:FGR's EV-to-EBIT is ranked worse than
100% of 1241 companies
in the Chemicals industry
Industry Median: 17.14 vs ASX:FGR: -14.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. First Graphene's Enterprise Value for the quarter that ended in Dec. 2025 was A$56.28 Mil. First Graphene's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.32 Mil. First Graphene's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5.90%.


First Graphene  (ASX:FGR) 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) %.

First Graphene'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 )
=-3.318/56.282639
=-5.90 %

First Graphene's Enterprise Value for the quarter that ended in Dec. 2025 was A$56.28 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Graphene's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-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.


First Graphene EV-to-EBIT Related Terms


First Graphene EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for First Graphene'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.

First Graphene EV-to-EBIT Chart

First Graphene 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 -24.78 -13.87 -9.04 -6.85 -4.17

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
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 -6.85 0.00 -4.17 0.00

ASX:FGR vs DOW: EV-to-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 EV-to-EBIT Calculation

First Graphene's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=48.561/-3.318
=-14.64

First Graphene's current Enterprise Value is A$48.56 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Graphene's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-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 EV-to-EBIT →
What does a EV-to-EBIT of -14.64 mean?
First Graphene (ASX:FGR) has a EV-to-EBIT of -14.64 as of Jul. 27, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on First Graphene and its competitors. According to the industry distribution chart, First Graphene ranks #999999 out of 1241 companies in the Chemicals industry.
Is First Graphene's EV-to-EBIT too high?
First Graphene's current EV-to-EBIT is -14.64. Based on the distribution chart, First Graphene ranks #999999 out of 1241 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Graphene's EV-to-EBIT compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #999999 out of 1241 companies for EV-to-EBIT. This places First Graphene in the lower half of its industry. The industry median EV-to-EBIT is 17.14. 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 a Chemicals company?
The median EV-to-EBIT among Chemicals companies is 17.14, based on 1,241 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 First Graphene and its competitors. For the Chemicals industry, the median EV-to-EBIT is 17.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current EV-to-EBIT is -14.64. 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?
First Graphene (ASX:FGR) has a current EV-to-EBIT of -14.64. The current EV-to-EBIT is -14.64. 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 First Graphene (ASX:FGR), the current EV-to-EBIT is -14.64 as of Jul. 27, 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.

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.