# Fermi Inc. (FRMI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Real Estate / Equity Real Estate Investment Trusts (REITs). Price $5.12, market value $3.3 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Fermi Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / book: 3.2×**. The shares trade at 3.2× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -18.4%** (5-yr avg -16.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Return on equity: -44.4%**. Return on equity is negative because earnings are negative.

## Financial health
- **Debt to equity: 0.20**. Debt is 0.20 times equity: a conservative balance sheet.

## Dividends
- **Dividend: none**. Fermi Inc. does not currently pay a dividend.

## Price and momentum
- **From 52-week high: -86.2%** (14.5% above the low). Trading 86% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 42**. An RSI of 42 is neutral.
- **Beta (1 yr): 2.68** (volatility 123%). Beta of 2.68 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FRMI · Page: https://foliofundamentals.com/stocks/frmi

Not investment advice.