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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Etherstack's Enterprise Value is A$76.34 Mil.
Etherstack's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.05 Mil. Therefore, Etherstack's EV-to-FCF for today is -72.56.
The historical rank and industry rank for Etherstack's EV-to-FCF or its related term are showing as below:
ASX:ESK'
s EV-to-FCF Range Over the Past 10 Years
Min: -257.76 Med: -13.05 Max: 509.86
Current: -72.56
During the past 13 years, the highest EV-to-FCF of Etherstack was 509.86. The lowest was -257.76. And the median was -13.05.
ASX:ESK's EV-to-FCF is ranked worse than 100% of 1593
companies
in the Software industry
Industry Median: 14.83
vs ASX:ESK: -72.56
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.
Etherstack's share price for today is A$0.53.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Etherstack's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.008.
* 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.
Etherstack EV-to-FCF Related Terms
Etherstack EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Etherstack'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 Software - Application subindustry, Etherstack'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.
Etherstack EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Etherstack's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Etherstack's EV-to-FCF falls into.
Etherstack's current Enterprise Value is A$76.34 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Etherstack's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.05 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.
Etherstack (ASX:ESK) has a EV-to-FCF of -72.56 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Etherstack and its competitors. According to the industry distribution chart, Etherstack ranks #999999 out of 1593 companies in the Software industry.
Is Etherstack's EV-to-FCF too high?
Etherstack's current EV-to-FCF is -72.56. Based on the distribution chart, Etherstack ranks #999999 out of 1593 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Etherstack has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etherstack's EV-to-FCF compare to UBER and SHOP?
According to the Software industry distribution chart, Etherstack ranks #999999 out of 1593 companies for EV-to-FCF. This places Etherstack in the lower half of its industry. The industry median EV-to-FCF is 14.83. 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 Software company?
The median EV-to-FCF among Software companies is 14.83, based on 1,593 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 Etherstack and its competitors. For the Software industry, the median EV-to-FCF is 14.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etherstack's current EV-to-FCF is -72.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etherstack stock overvalued right now?
Based on GuruFocus' analysis, Etherstack (ASX:ESK) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.44, compared to a current price of A$0.53 — trading 20.5% above its estimated fair value. The current EV-to-FCF is -72.56. Etherstack's overall GF Score™ is 42/100 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 Etherstack (ASX:ESK), the current EV-to-FCF is -72.56 as of Jul. 14, 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 Etherstack (ASX:ESK) Overvalued in 2026?
Based on GuruFocus' analysis, Etherstack stock appears to be overvalued.
The current stock price of A$0.53 is trading 20.5% above its estimated GF Value™ of A$0.44.
GuruFocus considers Etherstack to be Modestly Overvalued.
Key valuation signals for ASX:ESK:
EV-to-FCF: -72.56
GF Value™: A$0.44 vs. price of A$0.53 (20.5% above fair value)
No single metric tells the full story. See the ASX:ESK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Etherstack PLC specializes in wireless communications technology. It designs, develops, and deploys wireless communications software and products. The company develops software for use in transceivers, which enables the transceiver to communicate with a radio network and other transceivers. In addition, it also licenses its software and designs to companies that manufacture telecommunication equipment for government, public safety agencies, and utilities. Geographically, the firm operates through the region of the United Kingdom, the United States, Japan, Australia, South Korea, and Canada.
42GF Score
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