FOMI (Formation Minerals) EV-to-FCF: 2.35 (As of Jul. 18, 2026)

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What is Formation Minerals EV-to-FCF?

Formation Minerals FOMI EV-to-FCF is 2.35 as of Jul. 18, 2026.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Formation Minerals's Enterprise Value is $0.31 Mil. Formation Minerals's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2025 was $0.13 Mil. Therefore, Formation Minerals's EV-to-FCF for today is 2.35.

The historical rank and industry rank for Formation Minerals's EV-to-FCF or its related term are showing as below:

FOMI's EV-to-FCF is not ranked *
in the Oil & Gas industry.
Industry Median: 15.75
* Ranked among companies with meaningful EV-to-FCF only.

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-07-18), Formation Minerals's stock price is $0.0001. Formation Minerals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2025 was $-0.008. Therefore, Formation Minerals's PE Ratio (TTM) for today is At Loss.


Formation Minerals  (OTCPK:FOMI) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Formation Minerals's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.0001/-0.008
=At Loss

Formation Minerals's share price for today is $0.0001.
Formation Minerals's Earnings per Share (Diluted) 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 $-0.008.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Formation Minerals EV-to-FCF Related Terms


Formation Minerals EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Formation Minerals's EV-to-FCF 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.

Formation Minerals EV-to-FCF Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
EV-to-FCF
0.00 0.00 -97.64 -205.27

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
EV-to-FCF 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 -41.65 -205.27 -53.91 -51.70 45.82

FOMI vs AVACF, COP, EOG: EV-to-FCF Comparison

For the Oil & Gas E&P subindustry, Formation Minerals's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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 EV-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Formation Minerals's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Formation Minerals's EV-to-FCF falls into.



Formation Minerals EV-to-FCF Calculation

Formation Minerals's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=0.310/0.132
=2.35

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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 2.35 mean?
Formation Minerals (FOMI) has a EV-to-FCF of 2.35 as of Jul. 18, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Formation Minerals and its competitors.
Is Formation Minerals' EV-to-FCF too high?
Formation Minerals' current EV-to-FCF is 2.35. The Oil & Gas industry median EV-to-FCF is 15.75. Formation Minerals' value of 2.35 is 85.1% below this industry median.
How does Formation Minerals' EV-to-FCF compare to AVACF and COP?
Formation Minerals' EV-to-FCF of 2.35 can be compared against companies in the Oil & Gas industry. The industry median EV-to-FCF is 15.75. Formation Minerals' value of 2.35 is 85.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.75, based on 583 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formation Minerals's current EV-to-FCF of 2.35 is 85.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Formation Minerals and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formation Minerals's current EV-to-FCF is 2.35. 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 EV-to-FCF of 2.35. The current EV-to-FCF is 2.35 and 85.1% below the Oil & Gas industry median of 15.75. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Formation Minerals (FOMI), the current EV-to-FCF is 2.35 as of Jul. 18, 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 Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
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.