EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Associate Global Partners's Enterprise Value is A$9.81 Mil.
Associate Global Partners's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.56 Mil. Therefore, Associate Global Partners's EV-to-FCF for today is 6.28.
The historical rank and industry rank for Associate Global Partners's EV-to-FCF or its related term are showing as below:
ASX:APL'
s EV-to-FCF Range Over the Past 10 Years
Min: -151.88 Med: -10.18 Max: 16.55
Current: 7.02
During the past 13 years, the highest EV-to-FCF of Associate Global Partners was 16.55. The lowest was -151.88. And the median was -10.18.
ASX:APL's EV-to-FCF is ranked better than 76.44% of 938
companies
in the Asset Management industry
Industry Median: 14.545
vs ASX:APL: 7.02
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.
Associate Global Partners (ASX:APL) 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.
Associate Global Partners's PE Ratio (TTM) for today is calculated as:
Associate Global Partners's share price for today is A$0.23.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Associate Global Partners's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.003.
* 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.
Associate Global Partners EV-to-FCF Related Terms
Associate Global Partners 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 Asset Management subindustry, Associate Global Partners'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.
Associate Global Partners EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Associate Global Partners's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Associate Global Partners's EV-to-FCF falls into.
Associate Global Partners's current Enterprise Value is A$9.81 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Associate Global Partners's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1.56 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.
Associate Global Partners (ASX:APL) has a EV-to-FCF of 6.28 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Associate Global Partners and its competitors. According to the industry distribution chart, Associate Global Partners ranks #221 out of 938 companies in the Asset Management industry, placing it in the top 23.6%.
Is Associate Global Partners' EV-to-FCF too high?
Associate Global Partners' current EV-to-FCF is 6.28. The Asset Management industry median EV-to-FCF is 14.55. Associate Global Partners' value of 6.28 is 56.8% below this industry median. Based on the distribution chart, Associate Global Partners ranks #221 out of 938 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Associate Global Partners has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Associate Global Partners' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Associate Global Partners ranks #221 out of 938 companies for EV-to-FCF. This places Associate Global Partners in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.55. Associate Global Partners' value of 6.28 is 56.8% below this benchmark. 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.55, based on 938 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. Associate Global Partners's current EV-to-FCF of 6.28 is 56.8% 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 Associate Global Partners and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Associate Global Partners's current EV-to-FCF is 6.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Associate Global Partners stock overvalued right now?
Based on GuruFocus' analysis, Associate Global Partners (ASX:APL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.18, compared to a current price of A$0.23 — trading 27.8% above its estimated fair value. The current EV-to-FCF is 6.28 and 56.8% below the Asset Management industry median of 14.55. Associate Global Partners' overall GF Score™ is 29/100. 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 Associate Global Partners (ASX:APL), the current EV-to-FCF is 6.28 as of Jun. 27, 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 Associate Global Partners (ASX:APL) Overvalued in 2026?
Based on GuruFocus' analysis, Associate Global Partners stock appears to be overvalued.
The current stock price of A$0.23 is trading 27.8% above its estimated GF Value™ of A$0.18.
GuruFocus considers Associate Global Partners to be Modestly Overvalued.
Key valuation signals for ASX:APL:
EV-to-FCF: 6.28
GF Value™: A$0.18 vs. price of A$0.23 (27.8% above fair value)
Industry Position: 56.8% below the Asset Management median (#221 of 938)
No single metric tells the full story. See the ASX:APL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Associate Global Partners Ltd is an independent, multi-boutique asset management firm. It has developed a distribution platform that provides investment managers with an end-to-end distribution solution that promotes their brand and grows funds under management (FUM).
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