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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Formation Minerals's enterprise value is $0.31 Mil.
Formation Minerals's EBITDA for the trailing twelve months (TTM) ended in Jan. 2025 was $-1.09 Mil. Therefore, Formation Minerals's EV-to-EBITDA for today is -0.28.
The historical rank and industry rank for Formation Minerals's EV-to-EBITDA or its related term are showing as below:
FOMI'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -0.28 Med: 0 Max: 0
Current: -0.28
FOMI's EV-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 7.45
vs FOMI: -0.28
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.
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.
Formation Minerals's PE Ratio (TTM) for today is calculated as:
Formation Minerals's share price for today is $0.0001.
Formation Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-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 Formation Minerals'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 Oil & Gas E&P subindustry, Formation Minerals'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.
Formation Minerals EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Formation Minerals's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Formation Minerals's EV-to-EBITDA falls into.
Formation Minerals's current Enterprise Value is $0.31 Mil.
Formation Minerals's EBITDA for the trailing twelve months (TTM) ended in Jan. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.09 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.
Formation Minerals (FOMI) has a EV-to-EBITDA of -0.28 as of Aug. 13, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Formation Minerals.
Is Formation Minerals' EV-to-EBITDA too high?
Formation Minerals' current EV-to-EBITDA is -0.28.
How does Formation Minerals' EV-to-EBITDA compare to AVACF and COP?
Formation Minerals' EV-to-EBITDA of -0.28 can be compared against companies in the Oil & Gas industry. The industry median EV-to-EBITDA is 7.45. 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 an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.45, based on 768 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 Formation Minerals. For the Oil & Gas industry, the median EV-to-EBITDA is 7.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formation Minerals's current EV-to-EBITDA is -0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current EV-to-EBITDA of -0.28. The current EV-to-EBITDA is -0.28. 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 Formation Minerals (FOMI), the current EV-to-EBITDA is -0.28 as of Aug. 13, 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.
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.
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