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Fiera CapitalFRA:ZFS 71 EV-to-OCF is 9.29 as of Jul. 31, 2026, which is 27% below its 10-year median of 12.78. GuruFocus rates FRA:ZFS with a GF Score™ of 71/100 and a GF Value™ of €3.96. The stock has 6 warning signs investors should review. Among 1,509 Asset Management companies, Fiera Capital ranks worse than 57.26% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fiera Capital's Enterprise Value is €794.8 Mil.
Fiera Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €85.6 Mil. Therefore, Fiera Capital's EV-to-OCF for today is 9.29.
The historical rank and industry rank for Fiera Capital's EV-to-OCF or its related term are showing as below:
FRA:ZFS'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.54 Med: 12.78 Max: 27.9
Current: 9.13
During the past 13 years, the highest EV-to-OCF of Fiera Capital was 27.90. The lowest was 8.54. And the median was 12.78.
FRA:ZFS's EV-to-OCF is ranked worse than 57.26% of 1509
companies
in the Asset Management industry
Industry Median: 6.26
vs FRA:ZFS: 9.13
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.
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.
Fiera Capital's PE Ratio (TTM) for today is calculated as:
Fiera Capital's share price for today is €2.94.
Fiera Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.112.
* 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.
Fiera Capital EV-to-OCF Related Terms
Fiera Capital EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fiera Capital'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.
For the Asset Management subindustry, Fiera Capital'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.
Fiera Capital EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Fiera Capital's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fiera Capital's EV-to-OCF falls into.
Fiera Capital's current Enterprise Value is €794.8 Mil.
Fiera Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €85.6 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.
Fiera Capital (FRA:ZFS) has a EV-to-OCF of 9.29 as of Jul. 31, 2026. This is 27% below median its historical median of 12.78. Over the past decade, Fiera Capital's EV-to-OCF has ranged from 8.54 to 27.90. According to the industry distribution chart, Fiera Capital ranks #864 out of 1509 companies in the Asset Management industry, placing it in the top 57.3%.
Is Fiera Capital's EV-to-OCF too high?
Fiera Capital's current EV-to-OCF of 9.29 is 27% below median its 10-year median of 12.78. Over the past 10 years, this metric has ranged from a low of 8.54 to a high of 27.90. The Asset Management industry median EV-to-OCF is 6.26. Fiera Capital's value of 9.29 is 48.4% above this industry median. Based on the distribution chart, Fiera Capital ranks #864 out of 1509 companies in the Asset Management industry, which is below the industry midpoint. Overall, Fiera Capital has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Fiera Capital's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Fiera Capital ranks #864 out of 1509 companies for EV-to-OCF. This places Fiera Capital in the lower half of its industry. The industry median EV-to-OCF is 6.26. Fiera Capital's value of 9.29 is 48.4% above this benchmark. Historically, Fiera Capital's own EV-to-OCF has ranged from 8.54 to 27.90 over the past decade. While the company's 10-year median is 12.78 vs. the industry median of 6.26, Fiera Capital 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.26, based on 1,509 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. Fiera Capital's current EV-to-OCF of 9.29 is 48.4% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median EV-to-OCF is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fiera Capital's current EV-to-OCF is 9.29, which is 27% below median its own 10-year median of 12.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiera Capital stock overvalued right now?
Fiera Capital (FRA:ZFS) has a current EV-to-OCF of 9.29. The stock's GF Value™ is €3.96, compared to a current price of €2.94 — trading 25.8% below its estimated fair value. The current EV-to-OCF is 9.29, which is 27% below median its 10-year median of 12.78 and 48.4% above the Asset Management industry median of 6.26. Fiera Capital's overall GF Score™ is 71/100 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 Fiera Capital (FRA:ZFS), the current EV-to-OCF is 9.29 as of Jul. 31, 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 Fiera Capital (FRA:ZFS) Overvalued in 2026?
Based on GuruFocus' analysis, Fiera Capital stock appears to be undervalued.
The current stock price of €2.94 is trading 25.8% below its estimated GF Value™ of €3.96.
Key valuation signals for FRA:ZFS:
EV-to-OCF: 9.29 (27% below median its 10-year median of 12.78)
GF Value™: €3.96 vs. price of €2.94 (25.8% below fair value)
Industry Position: 48.4% above the Asset Management median (#864 of 1509)
No single metric tells the full story. See the FRA:ZFS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fiera Capital Corp is an asset management firm that delivers customized and multi-asset solutions across public and private market asset classes to institutional, financial intermediary, and private wealth clients. The company's operating segment is asset management services. Its geographical segments are Canada, the United States of America, Europe, Middle East, & Africa, and Asia. The company derives the majority of its revenue from Canada.
71GF Score
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