Fletcher Building (NZSE:FBU) EV-to-EBIT: 20.70 (As of Aug. 21, 2026) — 92% Above Median

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.

NZSE:FBU Fletcher Building Ltd NZSE:FBU
61 GF Score
Price NZ$3.99
GF Value NZ$2.36
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Fletcher Building EV-to-EBIT?

Fletcher Building NZSE:FBU +0.50% 61 EV-to-EBIT is 20.70 as of Aug. 21, 2026, which is 92% above its 10-year median of 10.76. GuruFocus rates NZSE:FBU with a GF Score™ of 61/100 and a GF Value™ of NZ$2.36 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 321 Building Materials companies, Fletcher Building ranks worse than 311526.17% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fletcher Building's Enterprise Value is NZ$6,147 Mil. Fletcher Building's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NZ$297 Mil. Therefore, Fletcher Building's EV-to-EBIT for today is 20.70.

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

NZSE:FBU' s EV-to-EBIT Range Over the Past 10 Years
Min: -57.34   Med: 10.76   Max: 48.64
Current: 20.7

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 10.76.

NZSE:FBU's EV-to-EBIT is not ranked
in the Building Materials industry.
Industry Median: 13.4 vs NZSE:FBU: 20.70

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fletcher Building's Enterprise Value for the quarter that ended in Jun. 2026 was NZ$5,514 Mil. Fletcher Building's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was NZ$297 Mil. Fletcher Building's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 5.39%.


Fletcher Building  (NZSE:FBU) 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 Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=297/5513.58511
=5.39 %

Fletcher Building's Enterprise Value for the quarter that ended in Jun. 2026 was NZ$5,514 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 Jun. 2026 was NZ$297 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 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.72 16.48 44.24 -17.37 18.56

Fletcher Building Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 44.24 0.00 -17.37 0.00 18.56

NZSE:FBU 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.


NZSE:FBU
61GF Score
Fletcher Building Ltd NZSE:FBU
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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)
=6146.980/297
=20.70

Fletcher Building's current Enterprise Value is NZ$6,147 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 Jun. 2026 was NZ$297 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 20.70 mean?
Fletcher Building (NZSE:FBU) has a EV-to-EBIT of 20.70 as of Aug. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Fletcher Building and its competitors. This is 92% above median its historical median of 10.76. According to the industry distribution chart, Fletcher Building ranks #999999 out of 321 companies in the Building Materials industry.
Is Fletcher Building's EV-to-EBIT too high?
Fletcher Building's current EV-to-EBIT of 20.70 is 92% above median its 10-year median of 10.76. The Building Materials industry median EV-to-EBIT is 13.40. Fletcher Building's value of 20.70 is 54.5% above this industry median. Based on the distribution chart, Fletcher Building ranks #999999 out of 321 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Fletcher Building has a GF Score™ of 61/100 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 321 companies for EV-to-EBIT. This places Fletcher Building in the lower half of its industry. The industry median EV-to-EBIT is 13.40. Fletcher Building's value of 20.70 is 54.5% above this benchmark. While the company's 10-year median is 10.76 vs. the industry median of 13.40, Fletcher Building has consistently been above the industry average. 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 13.40, based on 321 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. Fletcher Building's current EV-to-EBIT of 20.70 is 54.5% above the industry median. 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 13.40 — 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 20.70, which is 92% above median its own 10-year median of 10.76. 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 (NZSE:FBU) is currently considered Significantly Overvalued. The stock's GF Value™ is NZ$2.36, compared to a current price of NZ$3.99 — trading 69.1% above its estimated fair value. The current EV-to-EBIT is 20.70, which is 92% above median its 10-year median of 10.76 and 54.5% above the Building Materials industry median of 13.40. Fletcher Building's overall GF Score™ is 61/100 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 (NZSE:FBU), the current EV-to-EBIT is 20.70 as of Aug. 21, 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 (NZSE:FBU) Overvalued in 2026?

Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued. The current stock price of NZ$3.99 is trading 69.1% above its estimated GF Value™ of NZ$2.36. GuruFocus considers Fletcher Building to be Significantly Overvalued.

Key valuation signals for NZSE:FBU:

  • EV-to-EBIT: 20.70 (92% above median its 10-year median of 10.76)
  • GF Value™: NZ$2.36 vs. price of NZ$3.99 (69.1% above fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 54.5% above the Building Materials median (#999999 of 321)

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


Fletcher Building Business Description

Other Exchanges FLQ:GermanyFBU:Australia
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.
61GF Score

Get the complete analysis for NZSE:FBU

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

NZ$3.99
Price
NZ$2.36
GF Value