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First Resources Ltd FTROF
First Resources FTROF 92 Enterprise Value is $4,627 Mil as of Jun. 25, 2026. GuruFocus rates FTROF with a GF Score™ of 92/100 and a GF Value™ of $1.67. The stock has 3 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 Resources's Enterprise Value is $4,627 Mil. First Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $522 Mil. Therefore, First Resources's EV-to-EBIT ratio for today is 8.86.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, First Resources's Enterprise Value is $4,627 Mil. First Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $637 Mil. Therefore, First Resources's EV-to-EBITDA ratio for today is 7.27.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, First Resources's Enterprise Value is $4,627 Mil. First Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $1,661 Mil. Therefore, First Resources's EV-to-Revenue ratio for today is 2.79.
EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, First Resources's Enterprise Value is $4,627 Mil. First Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $286 Mil. Therefore, First Resources's EV-to-OCF ratio for today is 16.18.
EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, First Resources's Enterprise Value is $4,627 Mil. First Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $48 Mil. Therefore, First Resources's EV-to-FCF ratio for today is 96.18.
*** 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 Resources (OTCPK:FTROF) 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 Resources's EV-to-EBIT for today is
| EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
| = | 4627.326 | / | 522.144 | |
| = | 8.86 |
First Resources's current Enterprise Value is $4,627 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was $522 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
First Resources's EV-to-EBITDA for today is:
| EV-to-EBITDA | = | Enterprise Value (Today) | / | EBITDA(TTM) |
| = | 4627.326 | / | 636.795 | |
| = | 7.27 |
First Resources's current Enterprise Value is $4,627 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $637 Mil.
3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.
First Resources's EV-to-Revenue for today is:
| EV-to-Revenue | = | Enterprise Value (Today) | / | Revenue (TTM) |
| = | 4627.326 | / | 1661.077 | |
| = | 2.79 |
First Resources's current Enterprise Value is $4,627 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Resources's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was $1,661 Mil.
4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.
First Resources's EV-to-OCF for today is:
| EV-to-OCF | = | Enterprise Value (Today) | / | Cash Flow from Operations (TTM) |
| = | 4627.326 | / | 285.98 | |
| = | 16.18 |
First Resources's current Enterprise Value is $4,627 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $286 Mil.
5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.
First Resources's EV-to-FCF for today is:
| EV-to-FCF | = | Enterprise Value (Today) | / | Free Cash Flow (TTM) |
| = | 4627.326 | / | 48.111 | |
| = | 96.18 |
First Resources's current Enterprise Value is $4,627 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. First Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $48 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.
The historical data trend for First Resources'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 Resources Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Enterprise Value | Get a 7-Day Free Trial |
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1,849.77 | 1,959.70 | 2,087.47 | 1,257.99 | 3,583.37 | |||||||||||||
| First Resources 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 |
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2,087.47 | 1,975.26 | 1,257.99 | 2,795.64 | 3,583.37 | ||
For the Packaged Foods subindustry, First Resources'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.
For the Consumer Packaged Goods industry and Consumer Defensive sector, First Resources's Enterprise Value distribution charts can be found below:
* The bar in red indicates where First Resources'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.
First Resources's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
| Enterprise Value (A: Dec. 2025 ) | |||||
| = | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
| = | 2788.3044 | + | 0 | + | 857.619 |
| + | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
| + | 96.812 | + | 130.032 | - | 289.402 |
| = | 3,583 |
First Resources's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as
| Enterprise Value (Q: Dec. 2025 ) | |||||
| = | Market Cap | + | Preferred Stock | + | Long-Term Debt & Capital Lease Obligation |
| = | 2788.3044 | + | 0 | + | 857.619 |
| + | Short-Term Debt & Capital Lease Obligation | + | Minority Interest | - | Cash, Cash Equivalents, Marketable Securities |
| + | 96.812 | + | 130.032 | - | 289.402 |
| = | 3,583 |
* 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.
Based on GuruFocus' analysis, First Resources stock appears to be overvalued. The current stock price of $2.26 is trading 35.3% above its estimated GF Value™ of $1.67.
Key valuation signals for FTROF:
No single metric tells the full story. See the FTROF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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