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FRX Innovations (TSXV:FRXI) Enterprise Value : C$25.83 Mil (As of Jun. 06, 2024)


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What is FRX Innovations Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FRX Innovations's Enterprise Value is C$25.83 Mil. FRX Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-10.23 Mil. Therefore, FRX Innovations's EV-to-EBIT ratio for today is -2.53.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, FRX Innovations's Enterprise Value is C$25.83 Mil. FRX Innovations's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was C$-8.36 Mil. Therefore, FRX Innovations's EV-to-EBITDA ratio for today is -3.09.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FRX Innovations's Enterprise Value is C$25.83 Mil. FRX Innovations's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was C$4.10 Mil. Therefore, FRX Innovations's EV-to-Revenue ratio for today is 6.30.


FRX Innovations Enterprise Value Historical Data

The historical data trend for FRX Innovations's Enterprise Value 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 Enterprise Value Chart

FRX Innovations Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
- - - - 39.01

FRX Innovations Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.18 39.01 42.66 43.02 20.61

Competitive Comparison of FRX Innovations's Enterprise Value

For the Specialty Chemicals subindustry, FRX Innovations's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FRX Innovations's Enterprise Value distribution charts can be found below:

* The bar in red indicates where FRX Innovations's Enterprise Value falls into.



FRX Innovations Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

FRX Innovations's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

FRX Innovations's Enterprise Value for the quarter that ended in Sep. 2023 is calculated as

* 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) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

FRX Innovations's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25.830/-10.225
=-2.53

FRX Innovations's current Enterprise Value is C$25.83 Mil.
FRX Innovations's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-10.23 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=25.830/-8.363
=-3.09

FRX Innovations's current Enterprise Value is C$25.83 Mil.
FRX Innovations's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.36 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

FRX Innovations's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=25.830/4.1
=6.30

FRX Innovations's current Enterprise Value is C$25.83 Mil.
FRX Innovations's Revenue 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$4.10 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 Enterprise Value Related Terms

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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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