Fermi (FRMI) EV-to-EBIT: -12.23 (As of Aug. 07, 2026)

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FRMI Fermi Inc FRMI
14 GF Score
Price $6.18
! 1 Warning Sign
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What is Fermi EV-to-EBIT?

Fermi FRMI 14 EV-to-EBIT is -12.23 as of Aug. 07, 2026. GuruFocus rates FRMI with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 654 REITs companies, Fermi ranks worse than 152905.05% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fermi's Enterprise Value is $4,207.25 Mil. Fermi's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-343.95 Mil. Therefore, Fermi's EV-to-EBIT for today is -12.23.

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

FRMI' s EV-to-EBIT Range Over the Past 10 Years
Min: -12.36   Med: 0   Max: 0
Current: -12.23

FRMI's EV-to-EBIT is ranked worse than
100% of 654 companies
in the REITs industry
Industry Median: 18.21 vs FRMI: -12.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fermi's Enterprise Value for the quarter that ended in Mar. 2026 was $3,935.77 Mil. Fermi's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-343.95 Mil. Fermi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.74%.


Fermi  (NAS:FRMI) 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) %.

Fermi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2026 ) =EBIT / Enterprise Value (Q: Mar. 2026 )
=-343.945/3935.7746
=-8.74 %

Fermi's Enterprise Value for the quarter that ended in Mar. 2026 was $3,935.77 Mil.
Fermi's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-343.95 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.


Fermi EV-to-EBIT Related Terms


Fermi EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Fermi'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.

Fermi EV-to-EBIT Chart

Fermi Annual Data
Trend Dec25
EV-to-EBIT
-26.78

Fermi Quarterly Data
Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBIT 0.00 0.00 0.00 0.00 0.00

FRMI vs EPR, OUT, RYN: EV-to-EBIT Comparison

For the REIT - Specialty subindustry, Fermi'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.


Fermi EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Fermi's EV-to-EBIT distribution charts can be found below:

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


FRMI
14GF Score
Fermi Inc FRMI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fermi EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4207.245/-343.945
=-12.23

Fermi's current Enterprise Value is $4,207.25 Mil.
Fermi's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-343.95 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 -12.23 mean?
Fermi (FRMI) has a EV-to-EBIT of -12.23 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Fermi and its competitors. According to the industry distribution chart, Fermi ranks #999999 out of 654 companies in the REITs industry.
Is Fermi's EV-to-EBIT too high?
Fermi's current EV-to-EBIT is -12.23. Based on the distribution chart, Fermi ranks #999999 out of 654 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fermi has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Fermi's EV-to-EBIT compare to EPR and OUT?
According to the REITs industry distribution chart, Fermi ranks #999999 out of 654 companies for EV-to-EBIT. This places Fermi in the lower half of its industry. The industry median EV-to-EBIT is 18.21. 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 REITs company?
The median EV-to-EBIT among REITs companies is 18.21, based on 654 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 Fermi and its competitors. For the REITs industry, the median EV-to-EBIT is 18.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fermi's current EV-to-EBIT is -12.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fermi stock overvalued right now?
Fermi (FRMI) has a current EV-to-EBIT of -12.23. The current EV-to-EBIT is -12.23. Fermi's overall GF Score™ is 14/100 with 1 warning sign 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 Fermi (FRMI), the current EV-to-EBIT is -12.23 as of Aug. 07, 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.

Fermi Business Description

Industry Real EstateREITs
Other Exchanges FRMI:UKH3V:Germany
Address 620 South Taylor Street, Suite 301, Amarillo, TX, USA, 79101
Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.
14GF Score

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

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