# Fermi Inc. (FRMI) fundamentals

Data as of 2026-11-04. NASDAQ, United States. Sector: Real Estate / Specialty REITs. Price $2.04, market value $1.3 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: 1.3×**. The shares trade at 1.3× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -46.2%** (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.

## Analyst view
- **Analyst consensus: buy** (8 analysts). 8 analysts cover Fermi Inc.; the consensus is buy, with an average price target of $16.63 (+717% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -91.6%** (YTD -72.4%, 3-mo -63.4%). The shares are down 91.6% over twelve months including dividends.
- **From 52-week high: -93.0%** (1.8% above the low). Trading 93% 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): 29**. An RSI of 29 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 2.85** (volatility 118%). Beta of 2.85 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.