New Fortress Energy (NFE) Fundamental Analysis: Bull vs. Bear Case

NFE

New Fortress Energy

Fundamental data last updated:March 2, 2026

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company profile

SECTOR

Energy

industry

Oil & Gas Midstream

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

1 Business Summary

New Fortress Energy operates in the energy sector, focusing on oil and gas midstream activities. The company is involved in energy infrastructure and services that support the transportation and handling of natural gas and related energy products.

VALUATION

P/E

-

Market Cap ($M USD)

$310

Forward P/E

-

PEG

-

PRICE TO SALES

0.2 PRICE TO BOOK

0.3 EV / EBITDA

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0 5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$4.92

Next Year EPS Growth Estimate

-$2.32

Next Year Revenue Growth Estimate

37.80%

Return on Equity (ROE)

-130.30%

FREE CASH FLOW

Operating Margin

4.70%

Debt-to-Equity

9.4 Piotroski F-Score

Altman Z-Score

Return on Invested Capital (ROIC)

Current Ratio

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Gainseekers Quantitative Analysis

Summary

New Fortress Energy is a small-cap Energy company with a $310M market capitalization operating in the Oil & Gas Midstream industry. The company is currently unprofitable, with EPS of -$4.92 and a negative return on equity of -130.30%, though it maintains a positive operating margin of 4.70%. Leverage is elevated with a debt-to-equity ratio of 9.4, while shares trade at low valuation multiples including 0.2x sales and 0.3x book value.

AI Exposure / Tech Reliance

The company operates in the traditional energy midstream space and does not appear to have meaningful direct exposure to artificial intelligence or advanced technology-driven revenue streams. Its performance is more closely tied to energy infrastructure operations than to tech innovation.

The Bull Case

The stock trades at very low valuation multiples, including 0.2x sales and 0.3x book value, which may suggest deep value potential if financial performance stabilizes. Additionally, sales are expected to grow 37.80% next year and EPS is projected to improve from -$4.92 to -$2.32, indicating potential operational recovery.

The Bear Case

The company remains unprofitable with a negative EPS and a severely negative return on equity of -130.30%, highlighting significant financial strain. High leverage with a 9.4 debt-to-equity ratio and a substantial 27.30% short interest suggest elevated risk and bearish market sentiment.

Market Sentiment & Smart Money

Short Interest %

27.30%

Analyst Consensus

3 Average Analyst Price Target

$3.38

Institutional Ownership %

59.80%

1-Year Beta

Insider Buying % (6 Mo)

Distance to 52-Week High

Distance to 52-Week Low

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.