First Nickel (FRA:MYQ) Enterprise Value: €1.38 Mil (As of Jul. 01, 2026) ***


What is First Nickel Enterprise Value?

First Nickel FRA:MYQ Enterprise Value is €1.38 Mil as of Jul. 01, 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 Nickel's Enterprise Value is €1.38 Mil. First Nickel's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 was €-40.63 Mil. Therefore, First Nickel's EV-to-EBIT ratio for today is -0.03.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Nickel's Enterprise Value is €1.38 Mil. First Nickel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2015 was €-23.69 Mil. Therefore, First Nickel's EV-to-EBITDA ratio for today is -0.06.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Nickel's Enterprise Value is €1.38 Mil. First Nickel's Revenue for the trailing twelve months (TTM) ended in Jun. 2015 was €44.61 Mil. Therefore, First Nickel's EV-to-Revenue ratio for today is 0.03.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, First Nickel's Enterprise Value is €1.38 Mil. First Nickel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2015 was €5.13 Mil. Therefore, First Nickel's EV-to-OCF ratio for today is 0.27.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, First Nickel's Enterprise Value is €1.38 Mil. First Nickel's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2015 was €1.68 Mil. Therefore, First Nickel's EV-to-FCF ratio for today is 0.82.

*** 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 Nickel  (FRA:MYQ) 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 Nickel's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.375/-40.628
=-0.03

First Nickel's current Enterprise Value is €1.38 Mil.
First Nickel's EBIT for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-40.63 Mil.

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

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1.375/-23.689
=-0.06

First Nickel's current Enterprise Value is €1.38 Mil.
First Nickel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €-23.69 Mil.

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

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1.375/44.613
=0.03

First Nickel's current Enterprise Value is €1.38 Mil.
First Nickel's Revenue for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €44.61 Mil.

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

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1.375/5.132
=0.27

First Nickel's current Enterprise Value is €1.38 Mil.
First Nickel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €5.13 Mil.

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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1.375/1.683
=0.82

First Nickel's current Enterprise Value is €1.38 Mil.
First Nickel's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.68 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 Nickel Enterprise Value Related Terms


First Nickel Enterprise Value Historical Data

* Premium members only.

The historical data trend for First Nickel'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 Nickel Enterprise Value Chart

First Nickel Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.25 0.00 22.50 33.96 0.00

First Nickel Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.00 638.54 0.00 0.00 0.00

First Nickel Enterprise Value Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Nickel'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 Nickel Enterprise Value vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Nickel's Enterprise Value distribution charts can be found below:

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



First Nickel 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 Nickel's Enterprise Value for the fiscal year that ended in Dec. 2014 is calculated as

First Nickel's Enterprise Value for the quarter that ended in Jun. 2015 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 €1.38 Mil mean?
First Nickel (FRA:MYQ) has a Enterprise Value of €1.38 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on First Nickel and its competitors.
Is First Nickel's Enterprise Value too high?
First Nickel's current Enterprise Value is €1.38 Mil.
How does First Nickel's Enterprise Value compare to competitors?
First Nickel's Enterprise Value of €1.38 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Enterprise Value depends on the Metals & Mining 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 Nickel and its competitors. First Nickel's current Enterprise Value is €1.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Nickel stock overvalued right now?
First Nickel (FRA:MYQ) has a current Enterprise Value of €1.38 Mil. The current Enterprise Value is €1.38 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 Nickel (FRA:MYQ), the current Enterprise Value is €1.38 Mil as of Jul. 01, 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 Nickel Business Description

Address 120 Front Street East, Suite 206, Toronto, ON, CAN, M5A 4L9
First Nickel Inc was incorporated as 2035666 Ontario Inc., under the laws of the Province of Ontario on November 12, 2003. The Company is a Canadian mining company focused on becoming a mid-tier base metal producer through the successful mining, exploration, development and acquisition of opportunities throughout North America.