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FRX Innovations (TSXV:FRXI) EV-to-EBITDA : -2.58 (As of May. 17, 2024)


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What is FRX Innovations EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, FRX Innovations's enterprise value is C$21.59 Mil. FRX Innovations's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was C$-8.36 Mil. Therefore, FRX Innovations's EV-to-EBITDA for today is -2.58.

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

TSXV:FRXI' s EV-to-EBITDA Range Over the Past 10 Years
Min: -7.83   Med: -3.18   Max: -2.34
Current: -2.58

During the past 5 years, the highest EV-to-EBITDA of FRX Innovations was -2.34. The lowest was -7.83. And the median was -3.18.

TSXV:FRXI's EV-to-EBITDA is ranked worse than
100% of 1288 companies
in the Chemicals industry
Industry Median: 14.21 vs TSXV:FRXI: -2.58

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-17), FRX Innovations's stock price is C$0.035. FRX Innovations's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.132. Therefore, FRX Innovations's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


FRX Innovations EV-to-EBITDA Historical Data

The historical data trend for FRX Innovations's EV-to-EBITDA 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-EBITDA Chart

FRX Innovations Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBITDA
- - - - -2.51

FRX Innovations Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.05 -2.51 -4.22 -5.13 -2.46

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

For the Specialty Chemicals subindustry, FRX Innovations's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA Distribution in the Chemicals Industry

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

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



FRX Innovations EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=21.585/-8.363
=-2.58

FRX Innovations's current Enterprise Value is C$21.59 Mil.
FRX Innovations's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.36 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.


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

FRX Innovations's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.035/-0.132
=At Loss

FRX Innovations's share price for today is C$0.035.
FRX Innovations's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.132.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


FRX Innovations EV-to-EBITDA Related Terms

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


FRX Innovations (TSXV:FRXI) Business Description

Traded in Other Exchanges
Address
200 Turnpike Road, Chelmsford, MA, USA, 01824
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.

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