FRMO Corporation

FRMO Corporationverified

FRMO

Price:

$7.65

Market Cap:

$336.77M

FRMO Corporation, through its 4.95% interest in Horizon Kinetics, LLC, operates as an investment advisory and independent research company. It provides in-depth analysis of information-poor, under-researched companies, and strategies to identify the complex situations primarily to institutional investors. The company was incorporated in 1993 and is based in White Plains, New York.

Industry

Asset Management

IPO Date

1999-03-16

Stock Exchange

OTC

Ticker

FRMO

The Enterprise Value as of December 2025 (TTM) for FRMO Corporation (FRMO) is 293.56M

According to FRMO Corporation’s latest financial reports and current stock price. The company's current Enterprise Value is 293.56M. This represents a change of -16.35% compared to the average of 350.92M of the last 4 quarters.

FRMO Corporation (FRMO) Historical Enterprise Value (quarterly & annually)

How has FRMO Enterprise Value performed in the past?

The mean historical Enterprise Value of FRMO Corporation over the last ten years is 279.24M. The current 293.56M Enterprise Value has changed 10.41% with respect to the historical average. Over the past ten years (40 quarters), FRMO's Enterprise Value was at its highest in in the November 2024 quarter at 432.41M. The Enterprise Value was at its lowest in in the February 2012 quarter at 0.

Quarterly (TTM)
Annual

Average

279.24M

Median

281.73M

Minimum

142.27M

Maximum

458.81M

FRMO Corporation (FRMO) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of FRMO Corporation Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 157.62%

Maximum Annual Enterprise Value = 458.81M

Minimum Annual Increase = -56.77%

Minimum Annual Enterprise Value = 142.27M

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2025331.44M22.12%
2024271.40M-7.08%
2023292.07M-24.26%
2022385.59M-15.96%
2021458.81M157.62%
2020178.10M-33.02%
2019265.88M-14.01%
2018309.19M117.32%
2017142.27M-9.74%
2016157.62M-56.77%

FRMO Corporation (FRMO) Average Enterprise Value

How has FRMO Enterprise Value performed in the past?

The current Enterprise Value of FRMO Corporation (FRMO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

298.30M

5-year avg

347.86M

10-year avg

279.24M

FRMO Corporation (FRMO) Enterprise Value vs. Peers

How is FRMO’s Enterprise Value compared to its peers?

FRMO Corporation’s Enterprise Value is less than North American Financial 15 Split Corp. (995.21M), less than SPARX Group Co., Ltd. (51.29B), less than Life & Banc Split Corp. (1.04B), less than Canadian Banc Corp. (886.41M), greater than Impax Asset Management Group plc (164.46M), less than Fiera Capital Corporation (1.41B), less than ABG Sundal Collier Holding ASA (3.72B), less than Canandaigua National Corporation (841.33M), less than Atrium Mortgage Investment Corporation (684.17M), less than Dividend Growth Split Corp. (852.97M),

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Frequently asked questions❓

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How does the current Enterprise Value for FRMO Corporation (FRMO) compare to its historical average?