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Fletcher BuildingFRCEF 40 EV-to-OCF is 9.46 as of Aug. 04, 2026, which is 32% below its 10-year median of 13.93. GuruFocus rates FRCEF with a GF Score™ of 40/100 and a GF Value™ of $1.06 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 409 Building Materials companies, Fletcher Building ranks worse than 54.77% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fletcher Building's Enterprise Value is $3,743 Mil.
Fletcher Building's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $396 Mil. Therefore, Fletcher Building's EV-to-OCF for today is 9.46.
The historical rank and industry rank for Fletcher Building's EV-to-OCF or its related term are showing as below:
FRCEF'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.63 Med: 13.93 Max: 37.38
Current: 9.76
During the past 13 years, the highest EV-to-OCF of Fletcher Building was 37.38. The lowest was 6.63. And the median was 13.93.
FRCEF's EV-to-OCF is ranked worse than 54.77% of 409
companies
in the Building Materials industry
Industry Median: 8.89
vs FRCEF: 9.76
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.
Fletcher Building (OTCPK:FRCEF) 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.
Fletcher Building's PE Ratio (TTM) for today is calculated as:
Fletcher Building's share price for today is $2.10.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fletcher Building's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.170.
* 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.
Fletcher Building EV-to-OCF Related Terms
Fletcher Building EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fletcher Building'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 Building Materials subindustry, Fletcher Building'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.
Fletcher Building EV-to-OCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Fletcher Building's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fletcher Building's EV-to-OCF falls into.
Fletcher Building's current Enterprise Value is $3,743 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fletcher Building's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $396 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.
Fletcher Building (FRCEF) has a EV-to-OCF of 9.46 as of Aug. 04, 2026. This is 32% below median its historical median of 13.93. Over the past decade, Fletcher Building's EV-to-OCF has ranged from 6.63 to 37.38. According to the industry distribution chart, Fletcher Building ranks #224 out of 409 companies in the Building Materials industry, placing it in the top 54.8%.
Is Fletcher Building's EV-to-OCF too high?
Fletcher Building's current EV-to-OCF of 9.46 is 32% below median its 10-year median of 13.93. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 37.38. The Building Materials industry median EV-to-OCF is 8.89. Fletcher Building's value of 9.46 is 6.4% above this industry median. Based on the distribution chart, Fletcher Building ranks #224 out of 409 companies in the Building Materials industry, which is below the industry midpoint. Overall, Fletcher Building has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fletcher Building's EV-to-OCF compare to CRH and VMC?
According to the Building Materials industry distribution chart, Fletcher Building ranks #224 out of 409 companies for EV-to-OCF. This places Fletcher Building in the lower half of its industry. The industry median EV-to-OCF is 8.89. Fletcher Building's value of 9.46 is 6.4% above this benchmark. Historically, Fletcher Building's own EV-to-OCF has ranged from 6.63 to 37.38 over the past decade. While the company's 10-year median is 13.93 vs. the industry median of 8.89, Fletcher Building 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 Building Materials company?
The median EV-to-OCF among Building Materials companies is 8.89, based on 409 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. Fletcher Building's current EV-to-OCF of 9.46 is 6.4% 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 Building Materials industry, the median EV-to-OCF is 8.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fletcher Building's current EV-to-OCF is 9.46, which is 32% below median its own 10-year median of 13.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fletcher Building stock overvalued right now?
Based on GuruFocus' analysis, Fletcher Building (FRCEF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.06, compared to a current price of $2.10 — trading 98.1% above its estimated fair value. The current EV-to-OCF is 9.46, which is 32% below median its 10-year median of 13.93 and 6.4% above the Building Materials industry median of 8.89. Fletcher Building's overall GF Score™ is 40/100 with 10 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 Fletcher Building (FRCEF), the current EV-to-OCF is 9.46 as of Aug. 04, 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 Fletcher Building (FRCEF) Overvalued in 2026?
Based on GuruFocus' analysis, Fletcher Building stock appears to be overvalued.
The current stock price of $2.10 is trading 98.1% above its estimated GF Value™ of $1.06.
GuruFocus considers Fletcher Building to be Significantly Overvalued.
Key valuation signals for FRCEF:
EV-to-OCF: 9.46 (32% below median its 10-year median of 13.93)
GF Value™: $1.06 vs. price of $2.10 (98.1% above fair value)
Industry Position: 6.4% above the Building Materials median (#224 of 409)
No single metric tells the full story. See the FRCEF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fletcher Building is a New Zealand-based building materials company with operations focused in New Zealand, but also extending to Australia. It has a conglomerate structure with diverse operations across concrete, building products, steel, retail distribution, and development. Most revenue is derived from new house construction, with smaller earnings contributions from commercial and infrastructure construction.
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