American Financial GroupAFG +1.44%80 EV-to-FCF is 7.40 as of Jul. 04, 2026, which is 18% above its 10-year median of 6.25. GuruFocus rates AFG with a GF Score™ of 80/100 and a GF Value™ of $126.76 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 395 Insurance companies, American Financial Group ranks better than 60.25% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, American Financial Group's Enterprise Value is $12,328 Mil.
American Financial Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,665 Mil. Therefore, American Financial Group's EV-to-FCF for today is 7.40.
The historical rank and industry rank for American Financial Group's EV-to-FCF or its related term are showing as below:
AFG'
s EV-to-FCF Range Over the Past 10 Years
Min: 1.56 Med: 6.25 Max: 12.83
Current: 7.4
During the past 13 years, the highest EV-to-FCF of American Financial Group was 12.83. The lowest was 1.56. And the median was 6.25.
AFG's EV-to-FCF is ranked better than 60.25% of 395
companies
in the Insurance industry
Industry Median: 9.32
vs AFG: 7.40
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.
American Financial Group (NYSE:AFG) EV-to-FCF Explanation
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.
American Financial Group's PE Ratio (TTM) for today is calculated as:
American Financial Group's share price for today is $142.75.
American Financial Group'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 $10.520.
* 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.
American Financial Group EV-to-FCF Related Terms
American Financial Group EV-to-FCF Historical Data
* 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 Insurance - Property & Casualty subindustry, American Financial Group'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.
American Financial Group EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, American Financial Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where American Financial Group's EV-to-FCF falls into.
American Financial Group's current Enterprise Value is $12,328 Mil.
American Financial Group'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 $1,665 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.
American Financial Group (AFG) has a EV-to-FCF of 7.40 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on American Financial Group and its competitors. This is 18% above median its historical median of 6.25. Over the past decade, American Financial Group's EV-to-FCF has ranged from 1.56 to 12.83. According to the industry distribution chart, American Financial Group ranks #157 out of 395 companies in the Insurance industry, placing it in the top 39.7%.
Is American Financial Group's EV-to-FCF too high?
American Financial Group's current EV-to-FCF of 7.40 is 18% above median its 10-year median of 6.25. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 12.83. The Insurance industry median EV-to-FCF is 9.32. American Financial Group's value of 7.40 is 20.6% below this industry median. Based on the distribution chart, American Financial Group ranks #157 out of 395 companies in the Insurance industry, which is above the industry midpoint. Overall, American Financial Group has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does American Financial Group's EV-to-FCF compare to CNA and ORI?
According to the Insurance industry distribution chart, American Financial Group ranks #157 out of 395 companies for EV-to-FCF. This puts American Financial Group in the upper half of its industry. The industry median EV-to-FCF is 9.32. American Financial Group's value of 7.40 is 20.6% below this benchmark. Historically, American Financial Group's own EV-to-FCF has ranged from 1.56 to 12.83 over the past decade. While the company's 10-year median is 6.25 vs. the industry median of 9.32, American Financial Group has consistently been below 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-FCF for an Insurance company?
The median EV-to-FCF among Insurance companies is 9.32, based on 395 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. American Financial Group's current EV-to-FCF of 7.40 is 20.6% below 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-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 American Financial Group and its competitors. For the Insurance industry, the median EV-to-FCF is 9.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. American Financial Group's current EV-to-FCF is 7.40, which is 18% above median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Financial Group stock overvalued right now?
Based on GuruFocus' analysis, American Financial Group (AFG) is currently considered Modestly Overvalued. The stock's GF Value™ is $126.76, compared to a current price of $142.75 — trading 12.6% above its estimated fair value. The current EV-to-FCF is 7.40, which is 18% above median its 10-year median of 6.25 and 20.6% below the Insurance industry median of 9.32. American Financial Group's overall GF Score™ is 80/100 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 American Financial Group (AFG), the current EV-to-FCF is 7.40 as of Jul. 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 American Financial Group (AFG) Overvalued in 2026?
Based on GuruFocus' analysis, American Financial Group stock appears to be overvalued.
The current stock price of $142.75 is trading 12.6% above its estimated GF Value™ of $126.76.
GuruFocus considers American Financial Group to be Modestly Overvalued.
Key valuation signals for AFG:
EV-to-FCF: 7.40 (18% above median its 10-year median of 6.25)
GF Value™: $126.76 vs. price of $142.75 (12.6% above fair value)
Industry Position: 20.6% below the Insurance median (#157 of 395)
No single metric tells the full story. See the AFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Financial Group Inc is an insurance holding company. Through its subsidiaries, it is engaged in the property and casualty insurance business, focusing on specialized commercial products for businesses. The group operates through two segments: Property and Casualty Insurance, which generates maximum revenue, and Other. The Property and Casualty Insurance segment is further divided into different sub-segments, such as Property and transportation, Specialty casualty, and Specialty financial. These sub-segments offer insurance coverage for vehicles and commercial property, customized programs for small to mid-sized businesses, workers' compensation insurance, risk management insurance programs for lending and leasing institutions, trade credit insurance, and other insurance products.
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