Forward Water Technologies (TSXV:FWTC) EV-to-EBIT: 0.49 (As of Aug. 26, 2026)

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TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
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What is Forward Water Technologies EV-to-EBIT?

Forward Water Technologies TSXV:FWTC 10 EV-to-EBIT is 0.49 as of Aug. 26, 2026. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forward Water Technologies's Enterprise Value is C$-0.79 Mil. Forward Water Technologies's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$-1.60 Mil. Therefore, Forward Water Technologies's EV-to-EBIT for today is 0.49.

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

TSXV:FWTC's EV-to-EBIT is not ranked *
in the Utilities - Regulated industry.
Industry Median: 13.39
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Forward Water Technologies's Enterprise Value for the quarter that ended in Sep. 2024 was C$3.39 Mil. Forward Water Technologies's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was C$-1.60 Mil. Forward Water Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -47.14%.


Forward Water Technologies  (TSXV:FWTC) 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) %.

Forward Water Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=-1.599/3.392
=-47.14 %

Forward Water Technologies's Enterprise Value for the quarter that ended in Sep. 2024 was C$3.39 Mil.
Forward Water Technologies's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.60 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.


Forward Water Technologies EV-to-EBIT Related Terms


Forward Water Technologies EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Forward Water Technologies'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.

Forward Water Technologies EV-to-EBIT Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
0.00 -2.84 -2.79 -1.01

Forward Water Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2.61 -1.37 -1.01 -1.33 -2.12

TSXV:FWTC vs AWK, WTRG, AWR: EV-to-EBIT Comparison

For the Utilities - Regulated Water subindustry, Forward Water Technologies'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.


Forward Water Technologies EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Forward Water Technologies's EV-to-EBIT distribution charts can be found below:

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


TSXV:FWTC
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Forward Water Technologies Corp TSXV:FWTC
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Water Technologies EV-to-EBIT Calculation

Forward Water Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-0.787/-1.599
=0.49

Forward Water Technologies's current Enterprise Value is C$-0.79 Mil.
Forward Water Technologies's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.60 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 0.49 mean?
Forward Water Technologies (TSXV:FWTC) has a EV-to-EBIT of 0.49 as of Aug. 26, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Forward Water Technologies and its competitors.
Is Forward Water Technologies' EV-to-EBIT too high?
Forward Water Technologies' current EV-to-EBIT is 0.49. The Utilities - Regulated industry median EV-to-EBIT is 13.39. Forward Water Technologies' value of 0.49 is 96.3% below this industry median. Overall, Forward Water Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Forward Water Technologies' EV-to-EBIT compare to AWK and WTRG?
Forward Water Technologies' EV-to-EBIT of 0.49 can be compared against companies in the Utilities - Regulated industry. The industry median EV-to-EBIT is 13.39. Forward Water Technologies' value of 0.49 is 96.3% below this benchmark. 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 an Utilities - Regulated company?
The median EV-to-EBIT among Utilities - Regulated companies is 13.39, based on 463 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. Forward Water Technologies's current EV-to-EBIT of 0.49 is 96.3% below 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 Forward Water Technologies and its competitors. For the Utilities - Regulated industry, the median EV-to-EBIT is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Water Technologies's current EV-to-EBIT is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Water Technologies stock overvalued right now?
Forward Water Technologies (TSXV:FWTC) has a current EV-to-EBIT of 0.49. The current EV-to-EBIT is 0.49 and 96.3% below the Utilities - Regulated industry median of 13.39. Forward Water Technologies' overall GF Score™ is 10/100. 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 Forward Water Technologies (TSXV:FWTC), the current EV-to-EBIT is 0.49 as of Aug. 26, 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.

Forward Water Technologies Business Description

Address 1086 Modeland Road, Sarnia, ON, CAN, N7S 6L2
Forward Water Technologies Corp operates as a waste water treatment company. Its principal activity is the commercialization of its proprietary forward osmosis technology. The company's technology allows businesses to clean their wastewater that would otherwise require costly disposal.
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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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