Forum Markets, Inc

Forum Markets, Inc (FRMM) Stock Analysis

$5.860

+0.207 (+3.53%)At close

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High
6.100
Open
5.820
VWAP
5.90
Vol
120.66K
Mkt Cap
Low
5.735
Amount
711.66K
EV/EBITDA, TTM
-0.32

Forum Markets, Incorporated, formerly ETHZilla Corporation, provides a digital asset platform modernizing capital markets through the tokenization of institutional-grade real-world assets on Ethereum. The Company structures and brings cash-generating assets onto blockchain-based infrastructure to unlock liquidity, broaden investor access, and enable more efficient primary issuance and secondary market activity. Its products include tokenized industrial equipment, tokenized private credit, and tokenized real estate. It operates across the full tokenization lifecycle, from asset origination through to scaled distribution. Its commercial real estate tokenization focuses on office buildings, retail centers, and industrial warehouses. Its aerospace tokenization products seek to offer investors exposure to essential infrastructure of global commerce, with each token representing fractional ownership in revenue-generating aviation assets.

AI analysis of Forum Markets, Inc (FRMM)

buy

Forum Markets, Inc. is a good buy right now due to its recent share repurchase program, which has reduced the share count and signals management's confidence in the company's value. The current price is $5.86, and the forward P/E ratio is 6.08, suggesting the stock is undervalued compared to its earnings potential. However, the company has reported a significant net loss of $77.5 million, which is a risk that investors should consider.

Valuation Metrics

The current forward P/E ratio for Forum Markets, Inc (FRMM) is 6.08, compared to its 5-year average forward P/E of 6.08.

Forward P/E

Fair
5Y Average P/E
6.08
Current P/E
6.08
Overvalued
6.08
Undervalued
6.08

Forward EV/EBITDA

Overvalued
5Y Average EV/EBITDA
-0.52
Current EV/EBITDA
-0.32
Overvalued
-0.39
Undervalued
-0.65

Forward P/S

Fair
5Y Average P/S
1.72
Current P/S
1.79
Overvalued
2.06
Undervalued
1.39

Whales holding FRMM

E

Electron Capital Partners, LLC

+ HoldingFRMM

-14.26%

3M Return

Events Timeline

2026-08-24 (ET)

09:00:00

Gorilla Technology Borrow Rate Increases to 26.85%

2026-08-10 (ET)

09:00:00

Latest Data Shows REalloys Borrow Rate at 57.68%

2026-07-22 (ET)

09:00:00

Significant Borrow Rate Increases Among Liquid Option Names

2026-07-16 (ET)

08:31:00

Forum Markets Acquires Commercial Aircraft Engine for $12M

2026-05-14 (ET)

08:20:00

Forum Reports Q1 Revenue of $2.9M

News

FRMM FAQ — answered by Alphio AI

Forum Markets, Incorporated, formerly ETHZilla Corporation, provides a digital asset platform modernizing capital markets through the tokenization of institutional-grade real-world assets on Ethereum. The Company structures and brings cash-generating assets onto blockchain-based infrastructure to unlock liquidity, broaden investor access, and enable more efficient primary issuance and secondary market activity. Its products include tokenized industrial equipment, tokenized private credit, and tokenized real estate. It operates across the full tokenization lifecycle, from asset origination through to scaled distribution. Its commercial real estate tokenization focuses on office buildings, retail centers, and industrial warehouses. Its aerospace tokenization products seek to offer investors exposure to essential infrastructure of global commerce, with each token representing fractional ownership in revenue-generating aviation assets. It operates in the Technology sector.

Forum Markets, Inc. is a good buy right now due to its recent share repurchase program, which has reduced the share count and signals management's confidence in the company's value. The current price is $5.86, and the forward P/E ratio is 6.08, suggesting the stock is undervalued compared to its earnings potential. However, the company has reported a significant net loss of $77.5 million, which is a risk that investors should consider.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

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