Future (FRA:FNWA) EV-to-OCF: 5.73 (As of Aug. 05, 2026) — 66% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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FRA:FNWA Future PLC FRA:FNWA
65 GF Score
Price €3.54
GF Value €9.50
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Future EV-to-OCF?

Future FRA:FNWA -1.12% 65 EV-to-OCF is 5.73 as of Aug. 05, 2026, which is 66% below its 10-year median of 16.62. GuruFocus rates FRA:FNWA with a GF Score™ of 65/100 and a GF Value™ of €9.50 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,022 Media - Diversified companies, Future ranks worse than 52.45% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Future's Enterprise Value is €739.3 Mil. Future's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €129.1 Mil. Therefore, Future's EV-to-OCF for today is 5.73.

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

FRA:FNWA' s EV-to-OCF Range Over the Past 10 Years
Min: -3.68   Med: 16.62   Max: 84.44
Current: 5.5

During the past 13 years, the highest EV-to-OCF of Future was 84.44. The lowest was -3.68. And the median was 16.62.

FRA:FNWA's EV-to-OCF is ranked worse than
52.45% of 1022 companies
in the Media - Diversified industry
Industry Median: 4.835 vs FRA:FNWA: 5.50

EV-to-OCF 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 (2026-08-05), Future's stock price is €3.54. Future's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.426. Therefore, Future's PE Ratio (TTM) for today is 8.31.


Future  (FRA:FNWA) EV-to-OCF Explanation

EV-to-OCF 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.54/0.426
=8.31

Future's share price for today is €3.54.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Future's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.426.

* 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. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Future EV-to-OCF Related Terms


Future EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Future's EV-to-OCF 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.

Future EV-to-OCF Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.22 10.30 7.76 8.35 8.15

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-OCF 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 0.00 8.35 0.00 8.15 0.00

FRA:FNWA vs NYT, WLY: EV-to-OCF Comparison

For the Publishing subindustry, Future's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.


Future EV-to-OCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Future's EV-to-OCF falls into.


FRA:FNWA
65GF Score
Future PLC FRA:FNWA
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future EV-to-OCF Calculation

Future's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=739.348/129.089
=5.73

Future's current Enterprise Value is €739.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Future's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €129.1 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-OCF →
What does a EV-to-OCF of 5.73 mean?
Future (FRA:FNWA) has a EV-to-OCF of 5.73 as of Aug. 05, 2026. This is 66% below median its historical median of 16.62. According to the industry distribution chart, Future ranks #536 out of 1022 companies in the Media - Diversified industry, placing it in the top 52.4%.
Is Future's EV-to-OCF too high?
Future's current EV-to-OCF of 5.73 is 66% below median its 10-year median of 16.62. The Media - Diversified industry median EV-to-OCF is 4.84. Future's value of 5.73 is 18.5% above this industry median. Based on the distribution chart, Future ranks #536 out of 1022 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Future has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's EV-to-OCF compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #536 out of 1022 companies for EV-to-OCF. This places Future in the lower half of its industry. The industry median EV-to-OCF is 4.84. Future's value of 5.73 is 18.5% above this benchmark. While the company's 10-year median is 16.62 vs. the industry median of 4.84, Future 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-OCF for a Media - Diversified company?
The median EV-to-OCF among Media - Diversified companies is 4.84, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Future's current EV-to-OCF of 5.73 is 18.5% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Media - Diversified industry, the median EV-to-OCF is 4.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current EV-to-OCF is 5.73, which is 66% below median its own 10-year median of 16.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.50, compared to a current price of €3.54 — trading 62.7% below its estimated fair value. The current EV-to-OCF is 5.73, which is 66% below median its 10-year median of 16.62 and 18.5% above the Media - Diversified industry median of 4.84. Future's overall GF Score™ is 65/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Future (FRA:FNWA), the current EV-to-OCF is 5.73 as of Aug. 05, 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 Future (FRA:FNWA) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €3.54 is trading 62.7% below its estimated GF Value™ of €9.50. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for FRA:FNWA:

  • EV-to-OCF: 5.73 (66% below median its 10-year median of 16.62)
  • GF Value™: €9.50 vs. price of €3.54 (62.7% below fair value)
  • GF Score™: 65/100 with 6 warning signs
  • Industry Position: 18.5% above the Media - Diversified median (#536 of 1022)

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


Future Business Description

Other Exchanges FUTRl:UKFUTR:UK
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
65GF Score

Get the complete analysis for FRA:FNWA

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

€3.54
Price
€9.50
GF Value