Bayer AG (XSWX:BAYN) EV-to-FCF: 36.19 (As of Aug. 06, 2026) — 197% Above Median

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XSWX:BAYN Bayer AG XSWX:BAYN
57 GF Score
Price CHF44.28
GF Value CHF24.51
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Bayer AG EV-to-FCF?

Bayer AG XSWX:BAYN 57 EV-to-FCF is 36.19 as of Aug. 06, 2026, which is 197% above its 10-year median of 12.18. GuruFocus rates XSWX:BAYN with a GF Score™ of 57/100 and a GF Value™ of CHF24.51 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 569 Drug Manufacturers companies, Bayer AG ranks worse than 67.49% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Bayer AG's Enterprise Value is CHF72,028 Mil. Bayer AG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was CHF1,990 Mil. Therefore, Bayer AG's EV-to-FCF for today is 36.19.

The historical rank and industry rank for Bayer AG's EV-to-FCF or its related term are showing as below:

XSWX:BAYN' s EV-to-FCF Range Over the Past 10 Years
Min: -140.94   Med: 12.18   Max: 4266.26
Current: 37.09

During the past 13 years, the highest EV-to-FCF of Bayer AG was 4266.26. The lowest was -140.94. And the median was 12.18.

XSWX:BAYN's EV-to-FCF is ranked worse than
67.49% of 569 companies
in the Drug Manufacturers industry
Industry Median: 21.24 vs XSWX:BAYN: 37.09

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

As of today (2026-08-06), Bayer AG's stock price is CHF44.28. Bayer AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was CHF-1.711. Therefore, Bayer AG's PE Ratio (TTM) for today is At Loss.


Bayer AG  (XSWX:BAYN) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Bayer AG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=44.28/-1.711
=At Loss

Bayer AG's share price for today is CHF44.28.
Bayer AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-1.711.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Bayer AG EV-to-FCF Related Terms


Bayer AG EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Bayer AG's EV-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bayer AG EV-to-FCF Chart

Bayer AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.52 19.01 27.67 11.27 18.90

Bayer AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.29 5.24 18.90 12.17 20.50

XSWX:BAYN vs LLY, JNJ, ABBV: EV-to-FCF Comparison

For the Drug Manufacturers - General subindustry, Bayer AG's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bayer AG EV-to-FCF vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bayer AG's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Bayer AG's EV-to-FCF falls into.


XSWX:BAYN
57GF Score
Bayer AG XSWX:BAYN
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bayer AG EV-to-FCF Calculation

Bayer AG's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=72028.128/1990.393
=36.19

Bayer AG's current Enterprise Value is CHF72,028 Mil.
Bayer AG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF1,990 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 36.19 mean?
Bayer AG (XSWX:BAYN) has a EV-to-FCF of 36.19 as of Aug. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bayer AG and its competitors. This is 197% above median its historical median of 12.18. According to the industry distribution chart, Bayer AG ranks #384 out of 569 companies in the Drug Manufacturers industry, placing it in the top 67.5%.
Is Bayer AG's EV-to-FCF too high?
Bayer AG's current EV-to-FCF of 36.19 is 197% above median its 10-year median of 12.18. The Drug Manufacturers industry median EV-to-FCF is 21.24. Bayer AG's value of 36.19 is 70.4% above this industry median. Based on the distribution chart, Bayer AG ranks #384 out of 569 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Bayer AG has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bayer AG's EV-to-FCF compare to LLY and JNJ?
According to the Drug Manufacturers industry distribution chart, Bayer AG ranks #384 out of 569 companies for EV-to-FCF. This places Bayer AG in the lower half of its industry. The industry median EV-to-FCF is 21.24. Bayer AG's value of 36.19 is 70.4% above this benchmark. While the company's 10-year median is 12.18 vs. the industry median of 21.24, Bayer AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a Drug Manufacturers company?
The median EV-to-FCF among Drug Manufacturers companies is 21.24, based on 569 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bayer AG's current EV-to-FCF of 36.19 is 70.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bayer AG and its competitors. For the Drug Manufacturers industry, the median EV-to-FCF is 21.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayer AG's current EV-to-FCF is 36.19, which is 197% above median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayer AG stock overvalued right now?
Based on GuruFocus' analysis, Bayer AG (XSWX:BAYN) is currently considered Significantly Overvalued. The stock's GF Value™ is CHF24.51, compared to a current price of CHF44.28 — trading 80.7% above its estimated fair value. The current EV-to-FCF is 36.19, which is 197% above median its 10-year median of 12.18 and 70.4% above the Drug Manufacturers industry median of 21.24. Bayer AG's overall GF Score™ is 57/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Bayer AG (XSWX:BAYN), the current EV-to-FCF is 36.19 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bayer AG (XSWX:BAYN) Overvalued in 2026?

Based on GuruFocus' analysis, Bayer AG stock appears to be overvalued. The current stock price of CHF44.28 is trading 80.7% above its estimated GF Value™ of CHF24.51. GuruFocus considers Bayer AG to be Significantly Overvalued.

Key valuation signals for XSWX:BAYN:

  • EV-to-FCF: 36.19 (197% above median its 10-year median of 12.18)
  • GF Value™: CHF24.51 vs. price of CHF44.28 (80.7% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 70.4% above the Drug Manufacturers median (#384 of 569)

No single metric tells the full story. See the XSWX:BAYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bayer AG Business Description

Address Kaiser-Wilhelm-Allee 1, Leverkusen, NW, DEU, 51368
Bayer is a German healthcare and agriculture conglomerate. Healthcare provides close to half of the company's sales and includes pharmaceutical drugs (about 38% of total sales in 2025) as well as vitamins and other consumer healthcare products (13% of total). The firm's crop science business (47% of total) sells seeds, pesticides, herbicides, and fungicides, which was expanded through its 2018 acquisition of Monsanto.
57GF Score

Get the complete analysis for XSWX:BAYN

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF44.28
Price
CHF24.51
GF Value