FRCEF (Fletcher Building) EV-to-EBIT: -20.74 (As of Jul. 23, 2026)

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FRCEF Fletcher Building Ltd FRCEF
40 GF Score
Price $2.10
GF Value $1.06
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Fletcher Building EV-to-EBIT?

Fletcher Building FRCEF 40 EV-to-EBIT is -20.74 as of Jul. 23, 2026. GuruFocus rates FRCEF with a GF Score™ of 40/100 and a GF Value™ of $1.06 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 322 Building Materials companies, Fletcher Building ranks worse than 310558.7% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fletcher Building's Enterprise Value is $3,823 Mil. Fletcher Building's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-184 Mil. Therefore, Fletcher Building's EV-to-EBIT for today is -20.74.

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

FRCEF' s EV-to-EBIT Range Over the Past 10 Years
Min: -57.34   Med: 10.53   Max: 48.64
Current: -20.76

During the past 13 years, the highest EV-to-EBIT of Fletcher Building was 48.64. The lowest was -57.34. And the median was 10.53.

FRCEF's EV-to-EBIT is ranked worse than
100% of 322 companies
in the Building Materials industry
Industry Median: 13.545 vs FRCEF: -20.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fletcher Building's Enterprise Value for the quarter that ended in Dec. 2025 was $3,148 Mil. Fletcher Building's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-184 Mil. Fletcher Building's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -5.86%.


Fletcher Building  (OTCPK:FRCEF) 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) %.

Fletcher Building'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 )
=-184.316/3147.9366597
=-5.86 %

Fletcher Building's Enterprise Value for the quarter that ended in Dec. 2025 was $3,148 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fletcher Building's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-184 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.


Fletcher Building EV-to-EBIT Related Terms


Fletcher Building EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Fletcher Building'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.

Fletcher Building EV-to-EBIT Chart

Fletcher Building 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 16.72 9.72 16.48 44.24 -17.37

Fletcher Building 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 44.24 0.00 -17.37 0.00

FRCEF vs CRH, VMC, MLM: EV-to-EBIT Comparison

For the Building Materials subindustry, Fletcher Building'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.


Fletcher Building EV-to-EBIT vs Building Materials Industry

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

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


FRCEF
40GF Score
Fletcher Building Ltd FRCEF
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fletcher Building EV-to-EBIT Calculation

Fletcher Building's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3822.636/-184.316
=-20.74

Fletcher Building's current Enterprise Value is $3,823 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fletcher Building's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $-184 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 -20.74 mean?
Fletcher Building (FRCEF) has a EV-to-EBIT of -20.74 as of Jul. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Fletcher Building and its competitors. According to the industry distribution chart, Fletcher Building ranks #999999 out of 322 companies in the Building Materials industry.
Is Fletcher Building's EV-to-EBIT too high?
Fletcher Building's current EV-to-EBIT is -20.74. Based on the distribution chart, Fletcher Building ranks #999999 out of 322 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Fletcher Building has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fletcher Building's EV-to-EBIT compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fletcher Building ranks #999999 out of 322 companies for EV-to-EBIT. This places Fletcher Building in the lower half of its industry. The industry median EV-to-EBIT is 13.55. 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 Building Materials company?
The median EV-to-EBIT among Building Materials companies is 13.55, based on 322 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 Fletcher Building and its competitors. For the Building Materials industry, the median EV-to-EBIT is 13.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher Building's current EV-to-EBIT is -20.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher Building stock overvalued right now?
Based on GuruFocus' analysis, Fletcher Building (FRCEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.06, compared to a current price of $2.10 — trading 98.1% above its estimated fair value. The current EV-to-EBIT is -20.74. Fletcher Building's overall GF Score™ is 40/100 with 10 warning signs to review. 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 Fletcher Building (FRCEF), the current EV-to-EBIT is -20.74 as of Jul. 23, 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.

Is Fletcher Building (FRCEF) Overvalued in 2026?

Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued. The current stock price of $2.10 is trading 98.1% above its estimated GF Value™ of $1.06. GuruFocus considers Fletcher Building to be Significantly Overvalued.

Key valuation signals for FRCEF:

  • EV-to-EBIT: -20.74
  • GF Value™: $1.06 vs. price of $2.10 (98.1% above fair value)
  • GF Score™: 40/100 with 10 warning signs

No single metric tells the full story. See the FRCEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fletcher Building Business Description

Address 810 Great South Road, Penrose, Auckland, NTL, NZL, 1061
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.
40GF Score

Get the complete analysis for FRCEF

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.10
Price
$1.06
GF Value