Frontline Gold (TSXV:FGC.H) Enterprise Value: C$2.80 Mil (As of Jul. 03, 2026) ***


What is Frontline Gold Enterprise Value?

Frontline Gold TSXV:FGC.H Enterprise Value is C$2.80 Mil as of Jul. 03, 2026.

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, Frontline Gold's Enterprise Value is C$2.80 Mil. Frontline Gold's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was C$-0.31 Mil. Therefore, Frontline Gold's EV-to-EBIT ratio for today is -9.13.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Frontline Gold's Enterprise Value is C$2.80 Mil. Frontline Gold's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 was C$-0.27 Mil. Therefore, Frontline Gold's EV-to-EBITDA ratio for today is -10.23.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Frontline Gold's Enterprise Value is C$2.80 Mil. Frontline Gold's Revenue for the trailing twelve months (TTM) ended in Sep. 2022 was C$0.00 Mil. Therefore, Frontline Gold's EV-to-Revenue ratio for today is .

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Frontline Gold's Enterprise Value is C$2.80 Mil. Frontline Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 was C$-0.19 Mil. Therefore, Frontline Gold's EV-to-OCF ratio for today is -14.68.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Frontline Gold's Enterprise Value is C$2.80 Mil. Frontline Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2022 was C$-0.19 Mil. Therefore, Frontline Gold's EV-to-FCF ratio for today is -14.68.

*** 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.


Frontline Gold  (TSXV:FGC.H) 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.

Frontline Gold's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.804/-0.307
=-9.13

Frontline Gold's current Enterprise Value is C$2.80 Mil.
Frontline Gold's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.31 Mil.

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

Frontline Gold's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2.804/-0.274
=-10.23

Frontline Gold's current Enterprise Value is C$2.80 Mil.
Frontline Gold's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.27 Mil.

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

Frontline Gold's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2.804/0
=

Frontline Gold's current Enterprise Value is C$2.80 Mil.
Frontline Gold's Revenue for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

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

Frontline Gold's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2.804/-0.191
=-14.68

Frontline Gold's current Enterprise Value is C$2.80 Mil.
Frontline Gold's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.19 Mil.

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

Frontline Gold's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2.804/-0.191
=-14.68

Frontline Gold's current Enterprise Value is C$2.80 Mil.
Frontline Gold's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.19 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.


Frontline Gold Enterprise Value Related Terms


Frontline Gold Enterprise Value Historical Data

* Premium members only.

The historical data trend for Frontline Gold'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.

Frontline Gold Enterprise Value Chart

Frontline Gold Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 2.18 1.50 3.39 3.37

Frontline Gold Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3.34 3.37 3.35 1.50 2.15

TSXV:FGC.H vs NEM: Enterprise Value Comparison

For the Gold subindustry, Frontline Gold'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.


Frontline Gold Enterprise Value vs Metals & Mining Industry

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

* The bar in red indicates where Frontline Gold's Enterprise Value falls into.



Frontline Gold 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.

Frontline Gold's Enterprise Value for the fiscal year that ended in Dec. 2021 is calculated as

Frontline Gold's Enterprise Value for the quarter that ended in Sep. 2022 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 C$2.80 Mil mean?
Frontline Gold (TSXV:FGC.H) has a Enterprise Value of C$2.80 Mil as of Jul. 03, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Frontline Gold and its competitors.
Is Frontline Gold's Enterprise Value too high?
Frontline Gold's current Enterprise Value is C$2.80 Mil.
How does Frontline Gold's Enterprise Value compare to NEM?
Frontline Gold's Enterprise Value of C$2.80 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 Frontline Gold and its competitors. Frontline Gold's current Enterprise Value is C$2.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontline Gold stock overvalued right now?
Frontline Gold (TSXV:FGC.H) has a current Enterprise Value of C$2.80 Mil. The current Enterprise Value is C$2.80 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 Frontline Gold (TSXV:FGC.H), the current Enterprise Value is C$2.80 Mil as of Jul. 03, 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.

Frontline Gold Business Description

Address 372 Bay Street, Suite 301, Toronto, ON, CAN, M5H 2W9
Frontline Gold Corp is a development stage company engaged in exploring mineral properties in Canada and Turkey. Some of its properties include CAMERON LAKE/FLINT LAKE, CopperLode, NE Bachelor, Portage River, Route 109, EP Worth project, and Menderes project.