FermiFRMI -8.06%14 EV-to-FCF is -5.09 as of Jun. 25, 2026. GuruFocus rates FRMI with a GF Score™ of 14/100. The stock has 1 warning sign investors should review. Among 740 REITs companies, Fermi ranks worse than 135135% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fermi's Enterprise Value is $5,355.80 Mil.
Fermi's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-1,051.91 Mil. Therefore, Fermi's EV-to-FCF for today is -5.09.
The historical rank and industry rank for Fermi's EV-to-FCF or its related term are showing as below:
FRMI'
s EV-to-FCF Range Over the Past 10 Years
Min: -5.72 Med: 0 Max: 0
Current: -5.09
FRMI's EV-to-FCF is ranked worse than 100% of 740
companies
in the REITs industry
Industry Median: 23.095
vs FRMI: -5.09
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 (2026-06-25), Fermi's stock price is $7.99.
Fermi's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-1.176. Therefore, Fermi's PE Ratio (TTM) for today is At Loss.
Fermi (NAS:FRMI) 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.
Fermi's share price for today is $7.99.
Fermi's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.176.
* 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.
Fermi EV-to-FCF Related Terms
Fermi EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Fermi'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.
Fermi EV-to-FCF Chart
Fermi Annual Data
Trend
Dec25
EV-to-FCF
-7.89
Fermi Quarterly Data
Mar25
Jun25
Sep25
Dec25
Mar26
EV-to-FCF
0.00
0.00
0.00
0.00
0.00
FRMI vs EPR, OUT, UNIT: EV-to-FCF Comparison
For the REIT - Specialty subindustry, Fermi'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.
Fermi EV-to-FCF vs REITs Industry
For the REITs industry and Real Estate sector, Fermi's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Fermi's EV-to-FCF falls into.
Fermi's current Enterprise Value is $5,355.80 Mil.
Fermi's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,051.91 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.
Fermi (FRMI) has a EV-to-FCF of -5.09 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fermi and its competitors. According to the industry distribution chart, Fermi ranks #999999 out of 740 companies in the REITs industry.
Is Fermi's EV-to-FCF too high?
Fermi's current EV-to-FCF is -5.09. Based on the distribution chart, Fermi ranks #999999 out of 740 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Fermi has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Fermi's EV-to-FCF compare to EPR and OUT?
According to the REITs industry distribution chart, Fermi ranks #999999 out of 740 companies for EV-to-FCF. This places Fermi in the lower half of its industry. The industry median EV-to-FCF is 23.10. 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 a REITs company?
The median EV-to-FCF among REITs companies is 23.10, based on 740 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. 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 Fermi and its competitors. For the REITs industry, the median EV-to-FCF is 23.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fermi's current EV-to-FCF is -5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fermi stock overvalued right now?
Fermi (FRMI) has a current EV-to-FCF of -5.09. The current EV-to-FCF is -5.09. Fermi's overall GF Score™ is 14/100 with 1 warning sign to review. 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 Fermi (FRMI), the current EV-to-FCF is -5.09 as of Jun. 25, 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.
Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.
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