Fervo Energy Company (FRVO) is a publicly traded company in the Utilities — Renewable Utilities industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Fervo Energy Company, a geothermal energy developer, builds, owns, and operates geothermal power facilities. The company's product incorporates horizontal drilling and distributed fiber optic sensing that increase the productivity and lifetime of geothermal wells.
Is Fervo Energy Company stock overvalued or undervalued in 2026?
As of October 2, 2026, Fervo Energy Company (FRVO) trades at $13.31 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: there is not enough data to compare it with.
Kaplio overview: Fervo Energy Company
Market cap $4B · 52 weeks $13 – $42 (68 % below the high) · P/E no earnings · Dividend none · Price as of Oct 2 · accounts published Aug 12.
- Business: ROE −5.4 % (weak).
- Balance sheet: Net debt/EBITDA 4.4× (solid).
What would it be worth at its usual multiples?
No valuation verdict: there is not enough data to compare it with.
What matters in utilities: 2 of 4 pass
- Regulated ROE (8-12%) −5.4 %, fails.
- Interest coverage −5.8×, fails.
- Net debt / EBITDA 4.4×, passes.
- Payout Ratio 0.0 %, passes.
Against its peers (same industry, similar size) — Fervo Energy Company: P/E —; EV/EBITDA —; ROIC -1.5 %; $3.8B. Ormat Technologies, Inc. (P/E 44.6×; EV/EBITDA 17.3×; ROIC 3.0 %; $5.5B), ReNew Energy Global Plc (P/E 21.3×; EV/EBITDA 9.5×; ROIC 4.5 %; $2.5B), Clearway Energy, Inc. (P/E 38.8×; EV/EBITDA 14.1×; ROIC 1.4 %; $6.0B).
Profitability
| Return on Equity | -5.36% |
| Return on Invested Capital | -1.47% |
| Return on Assets | -2.68% |
| Gross Margin | -604.02% |
| Operating Margin | -28,042.53% |
| Net Margin | -54,477.59% |
Financial Health
| Debt / Equity | 0.12 |
| Current Ratio | 8.62 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 3.13 |
Price Performance
| 1 month | -25.88% |
| 3 months | -42.89% |
Explore sector: Utilities · Renewable Utilities
More sections of FRVO: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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