EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Applied Energetics's Enterprise Value is $276.74 Mil.
Applied Energetics's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-10.97 Mil. Therefore, Applied Energetics's EV-to-FCF for today is -25.24.
The historical rank and industry rank for Applied Energetics's EV-to-FCF or its related term are showing as below:
AERG'
s EV-to-FCF Range Over the Past 10 Years
Min: -1819.05 Med: -107.72 Max: -19.6
Current: -25.24
During the past 13 years, the highest EV-to-FCF of Applied Energetics was -19.60. The lowest was -1819.05. And the median was -107.72.
AERG's EV-to-FCF is ranked worse than 100% of 1327
companies
in the Hardware industry
Industry Median: 24.06
vs AERG: -25.24
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.
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.
Applied Energetics's PE Ratio (TTM) for today is calculated as:
Applied Energetics's share price for today is $1.25.
Applied Energetics'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 $-0.080.
* 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.
Applied Energetics EV-to-FCF Related Terms
Applied Energetics EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Applied Energetics'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.
For the Scientific & Technical Instruments subindustry, Applied Energetics'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.
Applied Energetics EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Applied Energetics's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Applied Energetics's EV-to-FCF falls into.
Applied Energetics's current Enterprise Value is $276.74 Mil.
Applied Energetics's Free Cash Flow 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 $-10.97 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.
Applied Energetics (AERG) has a EV-to-FCF of -25.24 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Applied Energetics and its competitors. According to the industry distribution chart, Applied Energetics ranks #999999 out of 1327 companies in the Hardware industry.
Is Applied Energetics' EV-to-FCF too high?
Applied Energetics' current EV-to-FCF is -25.24. Based on the distribution chart, Applied Energetics ranks #999999 out of 1327 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Applied Energetics has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Energetics' EV-to-FCF compare to MVIS and ARBE?
According to the Hardware industry distribution chart, Applied Energetics ranks #999999 out of 1327 companies for EV-to-FCF. This places Applied Energetics in the lower half of its industry. The industry median EV-to-FCF is 24.06. 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 Hardware company?
The median EV-to-FCF among Hardware companies is 24.06, based on 1,327 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. 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 Applied Energetics and its competitors. For the Hardware industry, the median EV-to-FCF is 24.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Energetics's current EV-to-FCF is -25.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Energetics stock overvalued right now?
Based on GuruFocus' analysis, Applied Energetics (AERG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $1.25 — trading 278.8% above its estimated fair value. The current EV-to-FCF is -25.24. Applied Energetics' overall GF Score™ is 26/100 with 4 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 Applied Energetics (AERG), the current EV-to-FCF is -25.24 as of Jun. 24, 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 Applied Energetics (AERG) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Energetics stock appears to be overvalued.
The current stock price of $1.25 is trading 278.8% above its estimated GF Value™ of $0.33.
GuruFocus considers Applied Energetics to be Significantly Overvalued.
Key valuation signals for AERG:
EV-to-FCF: -25.24
GF Value™: $0.33 vs. price of $1.25 (278.8% above fair value)
No single metric tells the full story. See the AERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Energetics Inc specializes in laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. Its powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high-intensity, ultrashort pulses of light to disable or destroy a target or disrupt a mission. These technologies have applications in both national security and commercial markets. The company operates as one operating segment with a focus on the development and manufacture of high-performance lasers and optical systems, and integrated guided energy systems, for prospective defense, national security, industrial, biomedical, and scientific customers across the world.
26GF Score
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