FRX Innovations (TSXV:FRXI) EV-to-EBIT : -2.52 (As of Jun. 04, 2024)

View and export this data going back to 2022. Start your Free Trial

What is FRX Innovations EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FRX Innovations's Enterprise Value is C$25.76 Mil. FRX Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-10.23 Mil. Therefore, FRX Innovations's EV-to-EBIT for today is -2.52.

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

TSXV:FRXI' s EV-to-EBIT Range Over the Past 10 Years
Min: -6.67 Med: -2.79 Max: -1.92
Current: -2.53

During the past 5 years, the highest EV-to-EBIT of FRX Innovations was -1.92. The lowest was -6.67. And the median was -2.79.

TSXV:FRXI's EV-to-EBIT is ranked worse than
100% of 1221 companies
in the Chemicals industry
Industry Median: 17.99 vs TSXV:FRXI: -2.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FRX Innovations's Enterprise Value for the quarter that ended in Sep. 2023 was C$20.61 Mil. FRX Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-10.23 Mil. FRX Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -49.62%.

FRX Innovations EV-to-EBIT Historical Data

The historical data trend for FRX Innovations's EV-to-EBIT 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.

FRX Innovations EV-to-EBIT Chart

FRX Innovations Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

EV-to-EBIT

-2.30

FRX Innovations Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EV-to-EBIT	Get a 7-Day Free Trial									-3.47	-2.30	-3.69	-4.34	-2.02

Competitive Comparison of FRX Innovations's EV-to-EBIT

For the Specialty Chemicals subindustry, FRX Innovations's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

FRX Innovations's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FRX Innovations's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FRX Innovations's EV-to-EBIT falls into.

FRX Innovations EV-to-EBIT Calculation

FRX Innovations's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	25.756	/	-10.225
	=	-2.52

FRX Innovations's current Enterprise Value is C$25.76 Mil.
FRX Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-10.23 Mil.

FRX Innovations (TSXV:FRXI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

FRX Innovations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 )	=	EBIT	/	Enterprise Value (Q: Sep. 2023 )
	=	-10.225	/	20.605308
	=	-49.62 %

FRX Innovations's Enterprise Value for the quarter that ended in Sep. 2023 was C$20.61 Mil.
FRX Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-10.23 Mil.

FRX Innovations EV-to-EBIT Related Terms

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

FRX Innovations (TSXV:FRXI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FRX Innovations Inc (TSXV:FRXI) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

FRXIF:USA W2A:Germany

Address

200 Turnpike Road, Chelmsford, MA, USA, 01824

Website

https://www.frx-innovations.com

FRX Innovations Inc is a manufacturer of environmentally sustainable flame retardant solutions within the plastics and additives market that serve a number of large markets spanning electronics, automotive, electric vehicles (EV), and medical devices. The company manufactures products under the brand name Nofia. Its product portfolio consists of Nofia Polyphosphonates, which are produced using sustainable green chemistry principles such as a solvent-free production process, no waste byproducts, and atom efficiency; Nofia Homopolymers; Nofia Reactive Oligomers.

FRX Innovations (TSXV:FRXI) Headlines

No Headlines