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.
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.
First GrapheneASX:FGR -1.69% EV-to-EBITDA is -18.34 as of Jul. 28, 2026. The stock has 4 warning signs investors should review. Among 1,319 Chemicals companies, First Graphene ranks worse than 75814.94% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Graphene's enterprise value is A$47.68 Mil.
First Graphene's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.60 Mil. Therefore, First Graphene's EV-to-EBITDA for today is -18.34.
The historical rank and industry rank for First Graphene's EV-to-EBITDA or its related term are showing as below:
ASX:FGR'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -29.34 Med: -11.57 Max: -3.76
Current: -18.34
During the past 13 years, the highest EV-to-EBITDA of First Graphene was -3.76. The lowest was -29.34. And the median was -11.57.
ASX:FGR's EV-to-EBITDA is ranked worse than 100% of 1319
companies
in the Chemicals industry
Industry Median: 13.39
vs ASX:FGR: -18.34
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
First Graphene (ASX:FGR) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
First Graphene's PE Ratio (TTM) for today is calculated as:
First Graphene's share price for today is A$0.058.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Graphene's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.008.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for First Graphene's EV-to-EBITDA 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.
For the Chemicals subindustry, First Graphene's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
First Graphene EV-to-EBITDA vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, First Graphene's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where First Graphene's EV-to-EBITDA falls into.
First Graphene's current Enterprise Value is A$47.68 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Graphene's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.60 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.
First Graphene (ASX:FGR) has a EV-to-EBITDA of -18.34 as of Jul. 28, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Graphene. According to the industry distribution chart, First Graphene ranks #999999 out of 1319 companies in the Chemicals industry.
Is First Graphene's EV-to-EBITDA too high?
First Graphene's current EV-to-EBITDA is -18.34. Based on the distribution chart, First Graphene ranks #999999 out of 1319 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does First Graphene's EV-to-EBITDA compare to DOW?
According to the Chemicals industry distribution chart, First Graphene ranks #999999 out of 1319 companies for EV-to-EBITDA. This places First Graphene in the lower half of its industry. The industry median EV-to-EBITDA is 13.39. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.39, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on First Graphene. For the Chemicals industry, the median EV-to-EBITDA is 13.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Graphene's current EV-to-EBITDA is -18.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Graphene stock overvalued right now?
First Graphene (ASX:FGR) has a current EV-to-EBITDA of -18.34. The current EV-to-EBITDA is -18.34. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For First Graphene (ASX:FGR), the current EV-to-EBITDA is -18.34 as of Jul. 28, 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.
First Graphene Ltd is an advanced materials company. It is the producer of graphene which is exfoliated from high-grade, crystalline Sri Lankan graphite. The company's graphene products are used in Fire retardant coatings, Concrete strengthening, Battery electrode materials, Conductive inks and sensors, Rubber and composite strengthening and Moisture barrier in thermoset composites. Its operating segments includes Graphene production; Research and development; Corporate services and Mining Asset Maintenance. The company generates maximum revenue from the Graphene production segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:FGR has been successfully added to your 
