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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, FRMO's enterprise value is $321.79 Mil.
FRMO's EBITDA for the trailing twelve months (TTM) ended in May. 2014 was $5.92 Mil. Therefore, FRMO's EV-to-EBITDA for today is 54.39.
The historical rank and industry rank for FRMO's EV-to-EBITDA or its related term are showing as below:
FRMO's EV-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 8.465 * Ranked among companies with meaningful EV-to-EBITDA only.
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.
As of today (2026-08-31), FRMO's stock price is $7.3096.
FRMO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2014 was $0.090. Therefore, FRMO's PE Ratio (TTM) for today is 81.22.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
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.
FRMO's share price for today is $7.3096.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FRMO's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2014 was $0.090.
* 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 FRMO'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 Asset Management subindustry, FRMO'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.
FRMO EV-to-EBITDA vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FRMO's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where FRMO's EV-to-EBITDA falls into.
FRMO's current Enterprise Value is $321.79 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FRMO's EBITDA for the trailing twelve months (TTM) ended in May. 2014 was $5.92 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.
FRMO (FRMO) has a EV-to-EBITDA of 54.39 as of Aug. 31, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FRMO.
Is FRMO's EV-to-EBITDA too high?
FRMO's current EV-to-EBITDA is 54.39. The Asset Management industry median EV-to-EBITDA is 8.47. FRMO's value of 54.39 is 542.5% above this industry median. Overall, FRMO has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does FRMO's EV-to-EBITDA compare to KTF and ZTR?
FRMO's EV-to-EBITDA of 54.39 can be compared against companies in the Asset Management industry. The industry median EV-to-EBITDA is 8.47. FRMO's value of 54.39 is 542.5% above 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-EBITDA for an Asset Management company?
The median EV-to-EBITDA among Asset Management companies is 8.47, based on 514 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. FRMO's current EV-to-EBITDA of 54.39 is 542.5% 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-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 FRMO. For the Asset Management industry, the median EV-to-EBITDA is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FRMO's current EV-to-EBITDA is 54.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FRMO stock overvalued right now?
FRMO (FRMO) has a current EV-to-EBITDA of 54.39. The current EV-to-EBITDA is 54.39 and 542.5% above the Asset Management industry median of 8.47. FRMO's overall GF Score™ is 12/100. 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 FRMO (FRMO), the current EV-to-EBITDA is 54.39 as of Aug. 31, 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.
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