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, Formation Minerals's Enterprise Value is $0.31 Mil.
Formation Minerals's EBIT for the trailing twelve months (TTM) ended in Jan. 2025 was $-1.16 Mil. Therefore, Formation Minerals's EV-to-EBIT ratio for today is -0.27.
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 ratio for today is -0.28.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Formation Minerals's Enterprise Value is $0.31 Mil.
Formation Minerals's Revenue for the trailing twelve months (TTM) ended in Jan. 2025 was $-0.02 Mil. Therefore, Formation Minerals's EV-to-Revenue ratio for today is -14.09.
*** 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.
Formation Minerals (OTCPK:FOMI) 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.
Formation Minerals's current Enterprise Value is $0.31 Mil.
Formation Minerals's EBIT 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 $-1.16 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
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.
Formation Minerals's current Enterprise Value is $0.31 Mil.
Formation Minerals's Revenue 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 $-0.02 Mil.
Formation Minerals's current Enterprise Value is $0.31 Mil.
Formation Minerals's Cash Flow from Operations 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 $0.13 Mil.
Formation Minerals's current Enterprise Value is $0.31 Mil.
Formation Minerals's Free Cash Flow 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 $0.13 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 Enterprise Value Related Terms
Formation Minerals Enterprise Value Historical Data
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The historical data trend for Formation Minerals'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.
FOMI vs AVACF, COP, EOG: Enterprise Value Comparison
For the Oil & Gas E&P subindustry, Formation Minerals'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.
Formation Minerals Enterprise Value vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Formation Minerals's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Formation Minerals's Enterprise Value falls into.
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Formation Minerals's Enterprise Value for the fiscal year that ended in Apr. 2024 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.
Formation Minerals (FOMI) has a Enterprise Value of $0.31 Mil as of Jul. 02, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' Enterprise Value too high?
Formation Minerals' current Enterprise Value is $0.31 Mil.
How does Formation Minerals' Enterprise Value compare to AVACF and COP?
Formation Minerals' Enterprise Value of $0.31 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Enterprise Value depends on the Oil & Gas 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 Formation Minerals and its competitors. Formation Minerals's current Enterprise Value is $0.31 Mil. 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 Enterprise Value of $0.31 Mil. The current Enterprise Value is $0.31 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 Formation Minerals (FOMI), the current Enterprise Value is $0.31 Mil as of Jul. 02, 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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