Formation Metals

Formation Metals EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Formation Metals (FOMO.CN) as of Nov 3, 2026 is -1.92. In the previous year, EV/EBIT (Enterprise Value to EBIT) was -4.70 — a change of -59.24% (higher).

EV/EBIT

-1.92

YoY

-59.24%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Formation Metals is 2026 -1.92 . EV/EBIT (Enterprise Value to EBIT) of Formation Metals was 2025 -4.70 . It decreases by -59.24% higher compared to the previous year.

The Formation Metals EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2022
-3,220.25 CAD
Jan 1, 2023
-124.70 CAD
Jan 1, 2024
-96.20 CAD
Jan 1, 2025
-4.70 CAD
Jan 1, 2026
-1.92 CAD
The Formation Metals EV/EBIT history
YEAREV/EBITYoY
-1.92-59.24%
-4.70-95.11%
-96.20-22.86%
-124.70-96.13%
-3,220.25—

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Formation Metals Stock analysis

What does Formation Metals do? Formation Metals Inc is a Canadian company headquartered in Vancouver, British Columbia. The company went public through an IPO on October 18, 2024. Formation Metals Inc focuses on the acquisition and exploration of mineral property assets. The firm owns the Nicobat Property, a nickel-copper-cobalt project located in Ontario, Canada. The company operates within the mining sector, specifically targeting mineral exploration and development. Its primary business activities involve identifying and developing mineral resources, with the Nicobat Property representing a key asset in its portfolio. The company's operations are centered on the exploration and potential development of the Nicobat Property, which is situated in Ontario. Formation Metals Inc is a publicly traded entity, listed under the ticker symbol FOMO.CN and identified by the ISIN CA34638F1053. The company's activities are confined to the mineral exploration and acquisition sector, with no additional details provided regarding its operational scale, financial figures, or other assets beyond the Nicobat Property. Formation Metals is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Formation Metals stock

EV/EBIT (Enterprise Value to EBIT) of Formation Metals is -1.92 in 2026.

EV/EBIT (Enterprise Value to EBIT) of Formation Metals changed from -4.70 to -1.92, representing a -59.24% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Formation Metals since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Formation Metals with sector peers and the industry average to assess whether it is attractive.

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