Foremost Clean Energy Ltd. FMST NASDAQ

NASDAQ Capital Marke • Basic Materials • Chemicals • CA • USD

SharesGrow Score

34/100

0/4 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

SharesGrow 7-Criteria Score All 7 criteria scored · valuation-related highlighted on this page

Foremost Clean Energy Ltd. (FMST) has a negative trailing P/E of -9.4, meaning the company is currently unprofitable on a trailing twelve-month (TTM) basis. Trailing earnings yield is -10.58%.

Criteria proven by this page:

VALUE (0/100, Fail) — negative P/E indicates the company is currently operating at a loss — DCF and P/E-based valuation models cannot produce meaningful results for unprofitable companies (P/E -9.4); trailing earnings yield is below the 10-year Treasury yield (~4.3%), meaning bonds offer a better return (EY -10.58%).
Trailing Earnings Yield -10.58% — negative yield confirms the company is currently unprofitable. Investors are paying for a turnaround rather than current earnings.

Overall SharesGrow Score: 31/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score

34/100

SG Score

View full scorecard →

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VALUE

N/A

No coverage

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FUTURE

N/A

No coverage

✗

PAST

25/100

→ Income

HEALTH

67/100

Debt-to-Equity & liquidity

→ Health

✗

MOAT

28/100

→ Income

✗

GROWTH

15/100

→ Income

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INCOME

N/A

No coverage

Valuation Snapshot — FMST

Valuation Multiples

P/E (TTM)-9.4

Forward P/EN/A

PEG RatioN/A

Forward PEGN/A

P/B Ratio0.93

P/S Ratio0.00

EV/EBITDA-8.3

Per Share Data

EPS (TTM)$-0.24

Book Value / Share$2.40

Revenue / Share$0.00

FCF / Share$-0.43

Yields & Fair Value

Earnings Yield-10.58%

Dividend Yield0.00%

Historical Valuation

Year	P/E (TTM)	PEG Ratio	P/B Ratio	Dividend Yield
2016	-18.7	-3.74	-50.36	-
2017	-6.1	-0.03	6.47	-
2018	-1.3	0.00	2.04	-
2019	-6.1	0.08	2.90	-
2020	-13.0	0.45	4.09	-
2021	-8.1	0.00	3.67	-
2022	-5.9	-0.16	3.64	-
2023	32.6	-0.27	3.00	-
2024	-3.7	0.01	1.24	-
2025	-2.4	0.05	0.36	-

EPS: Actual vs Estimates

P/E Ratio & Earnings Yield

Earnings Per Share (EPS) History

Year	EPS (Diluted)	Revenue	Net Income	Net Margin
2015	$-0.42	$0.00	$-183K	-
2016	$-1.31	$0.00	$-1.26M	-
2017	$-6.17	$0.00	$-10.66M	-
2018	$-1.31	$0.00	$-2.72M	-
2019	$-0.93	$0.00	$-2.27M	-
2020	$-0.93	$0.00	$-2.61M	-
2021	$-1.27	$0.00	$-4.15M	-
2022	$0.24	$0.00	$956.58K	-
2023	$-0.99	$0.00	$-4.47M	-
2025	$-0.48	$0.00	$-3.62M	-