# Fervo Energy Company (FRVO) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Utilities / Electric Utilities. Price $18.16, market value $5.4 billion.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Fervo Energy Company 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 / sales: 30763.8×**. Each dollar of revenue is priced at 30763.8×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.9×**. The shares trade at 1.9× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: -12.1%**. 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: 23.4%**. 23.4% on shareholders' equity is excellent if it is not driven by leverage; sustained above 20% usually signals a competitive advantage.
- **Return on invested capital: 11.9%**. Return on all capital, debt included, is 11.9%.
- **Return on assets: -7.9%**. Each dollar of assets produces -7.9% of profit.

## Growth
- **Revenue growth (1 yr): -30.7%**. Revenue fell 30.7% over the last year.
- **EPS growth (1 yr): -40.6%**. Earnings per share fell 40.6%, slower than revenue, so margins compressed.

## Financial health
- **Net debt / EBITDA: 3.1×**. It would take 3.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Current ratio: 3.17** (quick 3.17). Current assets cover the next year's liabilities 3.17 times.
- **Altman Z-score: 2.16**. A Z-score of 2.16 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 4/9**. 4 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Fervo Energy Company does not currently pay a dividend.

## Analyst view
- **Analyst consensus: strong_buy** (11 analysts). 11 analysts cover Fervo Energy Company; the consensus is strong_buy, with an average price target of $42.82 (+136% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **From 52-week high: -57.4%** (24.4% above the low). Trading 57% below its 52-week high, deep in a drawdown.
- **RSI (14-day): 47**. An RSI of 47 is neutral.
- **Beta (1 yr): 2.44** (volatility 127%). Beta of 2.44 against the S&P 500: the shares move much more than the market.

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

Not investment advice.