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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, New Fortress Energy's enterprise value is $8,708 Mil.
New Fortress Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,054 Mil. Therefore, New Fortress Energy's EV-to-EBITDA for today is -8.26.
The historical rank and industry rank for New Fortress Energy's EV-to-EBITDA or its related term are showing as below:
NFE'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -71.98 Med: 13.03 Max: 152.89
Current: -8.26
During the past 10 years, the highest EV-to-EBITDA of New Fortress Energy was 152.89. The lowest was -71.98. And the median was 13.03.
NFE's EV-to-EBITDA is ranked worse than 100% of 761
companies
in the Oil & Gas industry
Industry Median: 7.68
vs NFE: -8.26
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).
New Fortress Energy (NAS:NFE) 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.
New Fortress Energy's PE Ratio (TTM) for today is calculated as:
New Fortress Energy's share price for today is $0.3533.
New Fortress Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-7.300.
* 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 New Fortress Energy'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 Midstream subindustry, New Fortress Energy'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.
New Fortress Energy EV-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Fortress Energy's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where New Fortress Energy's EV-to-EBITDA falls into.
New Fortress Energy's current Enterprise Value is $8,708 Mil.
New Fortress Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,054 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.
New Fortress Energy (NFE) has a EV-to-EBITDA of -8.26 as of Jul. 26, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on New Fortress Energy. According to the industry distribution chart, New Fortress Energy ranks #999999 out of 761 companies in the Oil & Gas industry.
Is New Fortress Energy's EV-to-EBITDA too high?
New Fortress Energy's current EV-to-EBITDA is -8.26. Based on the distribution chart, New Fortress Energy ranks #999999 out of 761 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, New Fortress Energy has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's EV-to-EBITDA compare to MMLP and DLNG?
According to the Oil & Gas industry distribution chart, New Fortress Energy ranks #999999 out of 761 companies for EV-to-EBITDA. This places New Fortress Energy in the lower half of its industry. The industry median EV-to-EBITDA is 7.68. 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 7.68, based on 761 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 New Fortress Energy. For the Oil & Gas industry, the median EV-to-EBITDA is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Fortress Energy's current EV-to-EBITDA is -8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $4.37, compared to a current price of $0.35 — trading 91.9% below its estimated fair value. The current EV-to-EBITDA is -8.26. New Fortress Energy's overall GF Score™ is 49/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For New Fortress Energy (NFE), the current EV-to-EBITDA is -8.26 as of Jul. 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.
Is New Fortress Energy (NFE) Overvalued in 2026?
Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued.
The current stock price of $0.35 is trading 91.9% below its estimated GF Value™ of $4.37.
GuruFocus considers New Fortress Energy to be Possible Value Trap.
Key valuation signals for NFE:
EV-to-EBITDA: -8.26
GF Value™: $4.37 vs. price of $0.35 (91.9% below fair value)
No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
49GF Score
Get the complete analysis for NFE
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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