FMELF (Future Metals NL) EV-to-EBIT: -4.78 (As of Jul. 18, 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 Future Metals NL EV-to-EBIT?

Future Metals NL FMELF EV-to-EBIT is -4.78 as of Jul. 18, 2026. The stock has 1 warning sign investors should review. Among 664 Metals & Mining companies, Future Metals NL ranks worse than 150602.26% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Future Metals NL's Enterprise Value is $6.68 Mil. Future Metals NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.40 Mil. Therefore, Future Metals NL's EV-to-EBIT for today is -4.78.

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

FMELF' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.03   Med: 0   Max: 0
Current: -5.03

FMELF's EV-to-EBIT is ranked worse than
100% of 664 companies
in the Metals & Mining industry
Industry Median: 11.735 vs FMELF: -5.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Future Metals NL's Enterprise Value for the quarter that ended in Dec. 2025 was $22.12 Mil. Future Metals NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.40 Mil. Future Metals NL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -6.31%.


Future Metals NL  (OTCPK:FMELF) 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) %.

Future Metals NL'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 )
=-1.397/22.123025
=-6.31 %

Future Metals NL's Enterprise Value for the quarter that ended in Dec. 2025 was $22.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Future Metals NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.40 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.


Future Metals NL EV-to-EBIT Related Terms


Future Metals NL EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Future Metals NL'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.

Future Metals NL EV-to-EBIT Chart

Future Metals NL Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun22 Jun23 Jun24 Jun25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -10.28 -1.44 -2.16 -5.38

Future Metals NL Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 -2.16 0.00 -5.38 0.00

FMELF vs HL: EV-to-EBIT Comparison

For the Other Precious Metals & Mining subindustry, Future Metals NL'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.


Future Metals NL EV-to-EBIT vs Metals & Mining Industry

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

* The bar in red indicates where Future Metals NL's EV-to-EBIT falls into.



Future Metals NL EV-to-EBIT Calculation

Future Metals NL's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6.682/-1.397
=-4.78

Future Metals NL's current Enterprise Value is $6.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Future Metals NL's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-1.40 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 -4.78 mean?
Future Metals NL (FMELF) has a EV-to-EBIT of -4.78 as of Jul. 18, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Future Metals NL and its competitors. According to the industry distribution chart, Future Metals NL ranks #999999 out of 664 companies in the Metals & Mining industry.
Is Future Metals NL's EV-to-EBIT too high?
Future Metals NL's current EV-to-EBIT is -4.78. Based on the distribution chart, Future Metals NL ranks #999999 out of 664 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Future Metals NL's EV-to-EBIT compare to HL?
According to the Metals & Mining industry distribution chart, Future Metals NL ranks #999999 out of 664 companies for EV-to-EBIT. This places Future Metals NL in the lower half of its industry. The industry median EV-to-EBIT is 11.74. 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 Metals & Mining company?
The median EV-to-EBIT among Metals & Mining companies is 11.74, based on 664 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 Future Metals NL and its competitors. For the Metals & Mining industry, the median EV-to-EBIT is 11.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future Metals NL's current EV-to-EBIT is -4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future Metals NL stock overvalued right now?
Future Metals NL (FMELF) has a current EV-to-EBIT of -4.78. The current EV-to-EBIT is -4.78. 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 Future Metals NL (FMELF), the current EV-to-EBIT is -4.78 as of Jul. 18, 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.

Future Metals NL Business Description

Other Exchanges 3R10:GermanyFME:Australia
Address 1060 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005
Future Metals NL is a mineral exploration company. Its Panton PGM Project is located in the East Kimberley Region of Western Australia. It explores platinum, palladium, gold, nickel, and copper. The company's exploration principally focused on the Alice Downs Corridor (ADC) and the Eileen Bore Prospect.