FRMI vs ALM

Comparison between Fermi Inc (FRMI, Company) and Alma Metals Limited (ALM, Company).

FRMI is from the Real Estate sector, while ALM is from the Basic Materials sector.

FRMI vs ALM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FRMI(COMPANY)	ALM(COMPANY)
Market Cap	$4.34B	$4.33B
Max Drawdown	85.24%	43.88%
Sharpe Ratio	-1.16	1.93
5Y Beta	2.83	N/A
Industry	Reit - Specialty	Other Industrial Metals & Mining
P/E Ratio	-8.92	-35.80
Forward P/E	N/A	47.39
PEG Ratio	N/A	-0.26
Debt to Equity	78.58%	0.00%
Free Cash Flow Yield	-13.91%	-1.34%
P/B Ratio	4.10	N/A

Market Cap

Winner

FRMI

$4.34B

ALM

$4.33B

Max Drawdown

FRMI

85.24%

Winner

ALM

43.88%

Sharpe Ratio

FRMI

-1.16

Winner

ALM

1.93

5Y Beta

FRMI

2.83

ALM

N/A

Industry

FRMI

Reit - Specialty

ALM

Other Industrial Metals & Mining

P/E Ratio

FRMI

-8.92

Winner

ALM

-35.80

Forward P/E

FRMI

N/A

ALM

47.39

PEG Ratio

FRMI

N/A

ALM

-0.26

Debt to Equity

FRMI

78.58%

Winner

ALM

0.00%

Free Cash Flow Yield

FRMI

-13.91%

Winner

ALM

-1.34%

P/B Ratio

FRMI

4.10

ALM

N/A

FRMI vs ALM - Historical Returns

Returns include dividend reinvestment.

Period	FRMI	ALM
1 month	+30.53%	-20.07%
3 months	-11.85%	-16.05%
6 months	-29.24%	+161.54%
1 year	N/A	+270.65%
Max(CAGR)	-88.70%	+320.79%

Winner

FRMI

+30.53%

ALM

-20.07%

Winner

FRMI

-11.85%

ALM

-16.05%

FRMI

-29.24%

Winner

ALM

+161.54%

FRMI

N/A

ALM

+270.65%

Max(CAGR)

FRMI

-88.70%

Winner

ALM

+320.79%

FRMI vs ALM - Annual Returns (2025 - 2026)

Returns include dividend reinvestment.

Year	FRMI	ALM
2026	-19.05%	+100.91%
2025	-75.41%	+84.70%

FRMI vs ALM Drawdown Comparison

The maximum drawdown for FRMI was -85.24%, occurring on Apr 8, 2026. This drawdown has not yet recovered.

The maximum drawdown for ALM was -43.88%, occurring on Nov 21, 2025. Recovery took 67 trading sessions.

The current FRMI drawdown is -78.05%. The current ALM drawdown is -24.51%.

Rank	FRMI	ALM
#1	-85.24% Oct 1, 2025 - Apr 8, 2026	-43.88% Oct 14, 2025 - Jan 21, 2026
#2	N/A	-38.20% Mar 11, 2026 - Apr 16, 2026
#3	N/A	-34.67% Apr 17, 2026 - Jun 10, 2026
#4	N/A	-29.92% Jul 15, 2025 - Sep 18, 2025
#5	N/A	-13.89% Feb 9, 2026 - Feb 23, 2026
#6	N/A	-9.65% Mar 2, 2026 - Mar 10, 2026
#7	N/A	-6.77% Jan 28, 2026 - Feb 3, 2026
#8	N/A	-5.88% Sep 23, 2025 - Sep 29, 2025
#9	N/A	-5.15% Feb 3, 2026 - Feb 6, 2026
#10	N/A	-4.15% Jan 26, 2026 - Jan 28, 2026
#11	N/A	-1.64% Sep 29, 2025 - Oct 2, 2025
#12	N/A	-1.02% Oct 9, 2025 - Oct 13, 2025

Correlation

Correlation between FRMI and ALM is -0.69 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.69

-101