Fortescue (ASX:FMG) EV-to-Revenue : 2.89 (As of Apr. 28, 2024)

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What is Fortescue EV-to-Revenue?

EV-to-Revenue is calculated as enterprise value divided by its revenue. As of today, Fortescue's enterprise value is A$79,667 Mil. Fortescue's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$27,539 Mil. Therefore, Fortescue's EV-to-Revenue for today is 2.89.

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

ASX:FMG' s EV-to-Revenue Range Over the Past 10 Years
Min: 1.07 Med: 2.34 Max: 4.25
Current: 2.89

During the past 13 years, the highest EV-to-Revenue of Fortescue was 4.25. The lowest was 1.07. And the median was 2.34.

ASX:FMG's EV-to-Revenue is ranked worse than
54.27% of 855 companies
in the Metals & Mining industry
Industry Median: 2.38 vs ASX:FMG: 2.89

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

As of today (2024-04-28), Fortescue's stock price is A$25.59. Fortescue's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was A$8.94. Therefore, Fortescue's PS Ratio for today is 2.86.

Fortescue EV-to-Revenue Historical Data

The historical data trend for Fortescue's EV-to-Revenue 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.

* Premium members only.

Fortescue EV-to-Revenue Chart

Fortescue Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EV-to-Revenue

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2.15

2.32

2.35

2.24

2.79

Fortescue Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-Revenue	Get a 7-Day Free Trial															-	2.24	-	2.79	-

Competitive Comparison of Fortescue's EV-to-Revenue

For the Other Industrial Metals & Mining subindustry, Fortescue's EV-to-Revenue, along with its competitors' market caps and EV-to-Revenue 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.

Fortescue's EV-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fortescue's EV-to-Revenue distribution charts can be found below:

* The bar in red indicates where Fortescue's EV-to-Revenue falls into.

Fortescue EV-to-Revenue Calculation

EV-to-Revenue is a similar ratio to PS Ratio, except here Enterprise Value instead of Market Cap is used in the calculation.

Fortescue's EV-to-Revenue for today is calculated as:

EV-to-Revenue	=	Enterprise Value (Today)	/	Revenue (TTM)
	=	79666.542	/	27538.978
	=	2.89

Fortescue's current Enterprise Value is A$79,667 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortescue's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was A$27,539 Mil.

Fortescue (ASX:FMG) EV-to-Revenue Explanation

The reason Enterprise Value is used is because Enterprise Value is more real in reflecting how much an investor pays when buying a company. For detais, go to Enterprise Value.

Fortescue's PS Ratiofor today is calculated as:

PS Ratio	=	Share Price (Today)	/	Revenue per Share (TTM)
	=	25.59	/	8.94
	=	2.86

Fortescue's share price for today is A$25.59.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. {COMPANY->company}'s Revenue per Sharefor the trailing twelve months (TTM) ended in Dec. 2023 was A$8.94.

Fortescue EV-to-Revenue Related Terms

Thank you for viewing the detailed overview of Fortescue's EV-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortescue (ASX:FMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortescue Ltd (ASX:FMG) » Definitions » EV-to-Revenue

Comparable Companies

Traded in Other Exchanges

FSUMF:USA FSUGY:USA FVJ:Germany

Address

87 Adelaide Terrace, Level 2, East Perth, Perth, WA, AUS, 6004

Website

https://www.fortescue.com

Fortescue is an Australia-based iron ore miner. It has grown from obscurity start of 2008 to become the world's fourth-largest producer. Growth was fueled by debt, now repaid. Expansion from 55 million metric tons in fiscal 2012 to about 190 million metric tons in 2023 means Fortescue supplies nearly 10% of global seaborne iron ore. Further expansion above 200 million metric tons is likely once it completes construction of its 22 million metric tons Iron Bridge magnetite mine. However, with longer-term demand likely to decline as China's economy matures, we expect Fortescue's future margins to be below historical averages. More recently, Fortescue diversified into green energy, with ambitions to become a major supplier of green hydrogen and green ammonia. Its efforts are early stage.

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