Using the industry peer median EV/Revenue multiple (trailing + forward), New Fortress Energy Inc. (NFE) has a fair value of $2.61 based on 8 comparable companies in the Regulated Gas industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| New Fortress Energy Inc.NFE | 195 | 5.6x | 3.4x |
| Cadiz Inc. | 396 | 30.2x | 30.7x |
| Genie Energy Ltd. | 381 | 0.4x | 0.4x |
| Artesian Resources Corporation | 330 | 4.5x | 5.1x |
| Pure Cycle Corporation | 282 | 10.2x | — |
| RGC Resources, Inc. | 246 | 4.1x | 4.0x |
| Georgia Power Company 5% JR SUB NT 77 | 206 | 0.1x | — |
| Global Water Resources, Inc. | 203 | 6.1x | 6.0x |
| Montauk Renewables, Inc. | 189 | 1.7x | 1.4x |
| Industry Median | 4.3x | 4.6x | |
| (*) Revenue | 1,504 | 2,494 | |
| = Enterprise Value | 6,507 | 11,371 | |
| (-) Net Debt | 8,213 | 8,213 | |
| Equity Value | -1,706 | 3,158 | |
| (/) Outstanding shares | 278 | 278 | |
| Fair Price | $-6 | $11 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.