First Graphene (ASX:FGR) Enterprise Value: A$45.91 Mil (As of Jun. 24, 2026) ***


What is First Graphene Enterprise Value?

First Graphene ASX:FGR +5.26% Enterprise Value is A$45.91 Mil as of Jun. 24, 2026. The stock has 4 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, First Graphene's Enterprise Value is A$45.91 Mil. First Graphene's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.32 Mil. Therefore, First Graphene's EV-to-EBIT ratio for today is -13.84.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Graphene's Enterprise Value is A$45.91 Mil. First Graphene's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.60 Mil. Therefore, First Graphene's EV-to-EBITDA ratio for today is -17.66.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Graphene's Enterprise Value is A$45.91 Mil. First Graphene's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.58 Mil. Therefore, First Graphene's EV-to-Revenue ratio for today is 79.56.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, First Graphene's Enterprise Value is A$45.91 Mil. First Graphene's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.80 Mil. Therefore, First Graphene's EV-to-OCF ratio for today is -25.52.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, First Graphene's Enterprise Value is A$45.91 Mil. First Graphene's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.84 Mil. Therefore, First Graphene's EV-to-FCF ratio for today is -24.92.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


First Graphene  (ASX:FGR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

First Graphene's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=45.909/-3.318
=-13.84

First Graphene's current Enterprise Value is A$45.91 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Graphene's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was A$-3.32 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

First Graphene's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=45.909/-2.6
=-17.66

First Graphene's current Enterprise Value is A$45.91 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Graphene's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was A$-2.60 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

First Graphene's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=45.909/0.577
=79.56

First Graphene's current Enterprise Value is A$45.91 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Graphene's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.58 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

First Graphene's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=45.909/-1.799
=-25.52

First Graphene's current Enterprise Value is A$45.91 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Graphene's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.80 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

First Graphene's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=45.909/-1.842
=-24.92

First Graphene's current Enterprise Value is A$45.91 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Graphene's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.84 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 Enterprise Value Related Terms


First Graphene Enterprise Value Historical Data

* Premium members only.

The historical data trend for First Graphene's Enterprise Value 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.

First Graphene Enterprise Value Chart

First Graphene Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 154.96 65.54 41.76 33.61 18.43

First Graphene Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.63 33.61 20.23 18.43 56.28

ASX:FGR vs DOW: Enterprise Value Comparison

For the Chemicals subindustry, First Graphene's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, First Graphene's Enterprise Value distribution charts can be found below:

* The bar in red indicates where First Graphene's Enterprise Value falls into.



First Graphene Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

First Graphene's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

First Graphene's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of A$45.91 Mil mean?
First Graphene (ASX:FGR) has a Enterprise Value of A$45.91 Mil as of Jun. 24, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on First Graphene and its competitors.
Is First Graphene's Enterprise Value too high?
First Graphene's current Enterprise Value is A$45.91 Mil.
How does First Graphene's Enterprise Value compare to DOW?
First Graphene's Enterprise Value of A$45.91 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Chemicals company?
A good Enterprise Value depends on the Chemicals industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on First Graphene and its competitors. First Graphene's current Enterprise Value is A$45.91 Mil. 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?
Based on GuruFocus' analysis, First Graphene (ASX:FGR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 50% above its estimated fair value. The current Enterprise Value is A$45.91 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For First Graphene (ASX:FGR), the current Enterprise Value is A$45.91 Mil as of Jun. 24, 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 Business Description

Other Exchanges FGPHF:USAM11:Germany
Address 1 Sepia Close, Henderson, WA, AUS, 6166
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.