Aqua MetalsAQMS -0.51%25 EV-to-FCF is -0.30 as of Jun. 26, 2026. GuruFocus rates AQMS with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 139 Waste Management companies, Aqua Metals ranks worse than 719423.74% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Aqua Metals's Enterprise Value is $3.47 Mil.
Aqua Metals's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-11.53 Mil. Therefore, Aqua Metals's EV-to-FCF for today is -0.30.
The historical rank and industry rank for Aqua Metals's EV-to-FCF or its related term are showing as below:
AQMS'
s EV-to-FCF Range Over the Past 10 Years
Min: -25.85 Med: -2.71 Max: 0.07
Current: -0.3
During the past 12 years, the highest EV-to-FCF of Aqua Metals was 0.07. The lowest was -25.85. And the median was -2.71.
AQMS's EV-to-FCF is ranked worse than 100% of 139
companies
in the Waste Management industry
Industry Median: 19.73
vs AQMS: -0.30
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.
Aqua Metals's PE Ratio (TTM) for today is calculated as:
Aqua Metals's share price for today is $2.87.
Aqua Metals'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 $-12.330.
* 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.
Aqua Metals EV-to-FCF Related Terms
Aqua Metals EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Aqua Metals'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 Waste Management subindustry, Aqua Metals'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.
Aqua Metals EV-to-FCF vs Waste Management Industry
For the Waste Management industry and Industrials sector, Aqua Metals's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Aqua Metals's EV-to-FCF falls into.
Aqua Metals's current Enterprise Value is $3.47 Mil.
Aqua Metals'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 $-11.53 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.
Aqua Metals (AQMS) has a EV-to-FCF of -0.30 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Aqua Metals and its competitors. According to the industry distribution chart, Aqua Metals ranks #999999 out of 139 companies in the Waste Management industry.
Is Aqua Metals' EV-to-FCF too high?
Aqua Metals' current EV-to-FCF is -0.30. Based on the distribution chart, Aqua Metals ranks #999999 out of 139 companies in the Waste Management industry, which is in the bottom quartile relative to peers. Overall, Aqua Metals has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' EV-to-FCF compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #999999 out of 139 companies for EV-to-FCF. This places Aqua Metals in the lower half of its industry. The industry median EV-to-FCF is 19.73. 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 Waste Management company?
The median EV-to-FCF among Waste Management companies is 19.73, based on 139 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 Aqua Metals and its competitors. For the Waste Management industry, the median EV-to-FCF is 19.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current EV-to-FCF is -0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current EV-to-FCF of -0.30. The current EV-to-FCF is -0.30. Aqua Metals' overall GF Score™ is 25/100 with 3 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 Aqua Metals (AQMS), the current EV-to-FCF is -0.30 as of Jun. 26, 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.
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
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