Fermi Inc FRMI
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Neugebauer Addresses $375mm Convertible Note Offering that Resulted in Former Fermi CFO Miles Everson's Resignation from Fermi Board; Reaffirms Confidence in Company Securing Its Tenant
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Fermi Inc. Prices Upsized Offering of $375 Million of Convertible Senior Notes - Dilution Offset Until $14.64 per Share
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Fermi Inc. Announces Proposed Offering of $350 Million of Convertible Senior Notes with Capped Call Anti-Dilution Protection
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Fermi Shareholders Send Clear Message They Do Not Support Former CEO's Special Meeting Proposal: Company Presses Ahead Executing Strategic Plan Without Distraction
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Neugebauer Suspends Current Proxy Campaign While Leading with About 70% of Votes Recorded, Following Judge's Inexplicable Last-minute Recusal That Throws off Timeline for Strategic Process; Reaffirms Confidence in Fermi's Future
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Neugebauer Asks: What Is the Fermi Board Afraid to Say Under Oath? As Company Dismisses Litigation Prior to Discovery
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Fermi Selects Primoris Services Corporation to Engineer and Construct Balance of Plant for First Six SGT-800 Gas Turbines of Phase One Power Buildout
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/C O R R E C T I O N — Toby Neugebauer/
Trading Information
- Previous Close Price
- $6.59
- Day Range
- $6.05–6.79
- 52-Week Range
- $4.47–36.99
- Bid/Ask
- $6.27 / $6.30
- Shares Outstanding
- 638.08M
- Market Cap
- $4.03B
- Volume/Avg
- 22M / 19M
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- —
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Fermi Inc building a private power campus for AI-centric customers, developing and leasing large-scale, grid-independent energy generation and high-performance computing facilities purpose-built for the hyperscale era. The company is also developing a private energy and site infrastructure platform across the campus to support multiple powered shell buildings and a diversified, integrated power supply, including private power generation and delivery infrastructure, substations, internal distribution networks, water and cooling systems, and other essential infrastructure. In addition to powered shell facilities, it may offer long-term ground leases to tenants that elect to construct their own powered shell facilities on land, with or without integrated power delivery.
- Sector
- Real Estate
- Industry
- REIT - Specialty
- Stock Style Box
- Small Core
- Total Number of Employees
- 35
- Website
- https://www.fermiamerica.com
Valuation
|
Metric
|
FRMI
|
|---|---|
Price/Earnings (Normalized) | — |
Price/Book Value | 3.87 |
Price/Sales | — |
Price/Cash Flow | — |
Price/Earnings
No chart available
Financial Strength
|
Metric
|
FRMI
|
|---|---|
Quick Ratio | 0.87 |
Current Ratio | 1.02 |
Interest Coverage | — |
Quick Ratio
FRMI
Profitability
|
Metric
|
FRMI
|
|---|---|
Return on Assets (Normalized) | −24.80% |
Return on Equity (Normalized) | −37.99% |
Return on Invested Capital (Normalized) | −29.37% |
Return on Assets
FRMI
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United States