ULCC (Frontier Group Holdings) EV-to-OCF: -49.59 (As of Aug. 19, 2026)

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ULCC Frontier Group Holdings Inc ULCC
76 GF Score
Price $6.16
GF Value $5.84
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Frontier Group Holdings EV-to-OCF?

Frontier Group Holdings ULCC -3.15% 76 EV-to-OCF is -49.59 as of Aug. 19, 2026. GuruFocus rates ULCC with a GF Score™ of 76/100 and a GF Value™ of $5.84 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,010 Transportation companies, Frontier Group Holdings ranks better than 96.73% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Frontier Group Holdings's Enterprise Value is $5,703 Mil. Frontier Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-115 Mil. Therefore, Frontier Group Holdings's EV-to-OCF for today is -49.59.

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

ULCC' s EV-to-OCF Range Over the Past 10 Years
Min: -276.43   Med: -23.47   Max: 46.03
Current: -49.59

During the past 11 years, the highest EV-to-OCF of Frontier Group Holdings was 46.03. The lowest was -276.43. And the median was -23.47.

ULCC's EV-to-OCF is ranked better than
96.73% of 1010 companies
in the Transportation industry
Industry Median: 7.89 vs ULCC: -49.59

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 (2026-08-19), Frontier Group Holdings's stock price is $6.16. Frontier Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-1.680. Therefore, Frontier Group Holdings's PE Ratio (TTM) for today is At Loss.


Frontier Group Holdings  (NAS:ULCC) 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.

Frontier Group Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.16/-1.680
=At Loss

Frontier Group Holdings's share price for today is $6.16.
Frontier Group Holdings'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 $-1.680.

* 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.


Frontier Group Holdings EV-to-OCF Related Terms


Frontier Group Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Frontier Group Holdings'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.

Frontier Group Holdings EV-to-OCF Chart

Frontier Group Holdings Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.58 -56.47 -15.58 -65.01 -11.18

Frontier Group Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -17.83 -15.77 -11.18 -13.25 -53.11

ULCC vs RJET, JBLU, HRBR: EV-to-OCF Comparison

For the Airlines subindustry, Frontier Group Holdings'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.


Frontier Group Holdings EV-to-OCF vs Transportation Industry

For the Transportation industry and Industrials sector, Frontier Group Holdings's EV-to-OCF distribution charts can be found below:

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


ULCC
76GF Score
Frontier Group Holdings Inc ULCC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Frontier Group Holdings EV-to-OCF Calculation

Frontier Group Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=5702.828/-115
=-49.59

Frontier Group Holdings's current Enterprise Value is $5,703 Mil.
Frontier Group Holdings's Cash Flow from Operations 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 $-115 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 -49.59 mean?
Frontier Group Holdings (ULCC) has a EV-to-OCF of -49.59 as of Aug. 19, 2026. According to the industry distribution chart, Frontier Group Holdings ranks #33 out of 1010 companies in the Transportation industry, placing it in the top 3.3%.
Is Frontier Group Holdings' EV-to-OCF too high?
Frontier Group Holdings' current EV-to-OCF is -49.59. Based on the distribution chart, Frontier Group Holdings ranks #33 out of 1010 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Frontier Group Holdings has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Frontier Group Holdings' EV-to-OCF compare to RJET and JBLU?
According to the Transportation industry distribution chart, Frontier Group Holdings ranks #33 out of 1010 companies for EV-to-OCF. This places Frontier Group Holdings in the top 3% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.89. 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 Transportation company?
The median EV-to-OCF among Transportation companies is 7.89, based on 1,010 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. 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 Transportation industry, the median EV-to-OCF is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frontier Group Holdings's current EV-to-OCF is -49.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frontier Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Frontier Group Holdings (ULCC) is currently considered Fairly Valued. The stock's GF Value™ is $5.84, compared to a current price of $6.16 — trading 5.5% above its estimated fair value. The current EV-to-OCF is -49.59. Frontier Group Holdings' overall GF Score™ is 76/100 with 7 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 Frontier Group Holdings (ULCC), the current EV-to-OCF is -49.59 as of Aug. 19, 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 Frontier Group Holdings (ULCC) Overvalued in 2026?

Based on GuruFocus' analysis, Frontier Group Holdings stock appears to be overvalued. The current stock price of $6.16 is trading 5.5% above its estimated GF Value™ of $5.84. GuruFocus considers Frontier Group Holdings to be Fairly Valued.

Key valuation signals for ULCC:

  • EV-to-OCF: -49.59
  • GF Value™: $5.84 vs. price of $6.16 (5.5% above fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Frontier Group Holdings Business Description

Other Exchanges 0VN:Germany
Address 4545 Airport Way, Denver, CO, USA, 80239
Frontier Group Holdings Inc is an ultra-low-cost carrier whose business is focused on Low Fares Done Right. The company owns a fleet of 120 Airbus single-aisle aircraft, consisting of 13 A320ceos, 82 A320neos, 21 A321ceos, and 4 A321neos. The use of these aircraft, their seating configuration, weight-saving tactics, and baggage process have all contributed to the ability to continue to be the fuel-efficient of all the U.S. The Company is managed as a single business unit that provides air transportation for passengers. The majority of revenue is from Domestic flight follow by International.
76GF Score

Get the complete analysis for ULCC

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

$6.16
Price
$5.84
GF Value