Insurance Australia GroupASX:IAG -0.24%80 EV-to-FCF is 21.10 as of Jul. 12, 2026, which is 29% above its 10-year median of 16.41. GuruFocus rates ASX:IAG with a GF Score™ of 80/100 and a GF Value™ of A$7.34 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 395 Insurance companies, Insurance Australia Group ranks worse than 79.49% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Insurance Australia Group's Enterprise Value is A$22,348 Mil.
Insurance Australia Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,059 Mil. Therefore, Insurance Australia Group's EV-to-FCF for today is 21.10.
The historical rank and industry rank for Insurance Australia Group's EV-to-FCF or its related term are showing as below:
ASX:IAG'
s EV-to-FCF Range Over the Past 10 Years
Min: -402.82 Med: 16.41 Max: 46.48
Current: 21.1
During the past 13 years, the highest EV-to-FCF of Insurance Australia Group was 46.48. The lowest was -402.82. And the median was 16.41.
ASX:IAG's EV-to-FCF is ranked worse than 79.49% of 395
companies
in the Insurance industry
Industry Median: 9.94
vs ASX:IAG: 21.10
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.
Insurance Australia Group (ASX:IAG) 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.
Insurance Australia Group's PE Ratio (TTM) for today is calculated as:
Insurance Australia Group's share price for today is A$8.19.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Insurance Australia Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.457.
* 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.
Insurance Australia Group EV-to-FCF Related Terms
Insurance Australia 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, Insurance Australia 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.
Insurance Australia Group EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Insurance Australia Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Insurance Australia Group's EV-to-FCF falls into.
Insurance Australia Group's current Enterprise Value is A$22,348 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Insurance Australia Group's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,059 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.
Insurance Australia Group (ASX:IAG) has a EV-to-FCF of 21.10 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Insurance Australia Group and its competitors. This is 29% above median its historical median of 16.41. According to the industry distribution chart, Insurance Australia Group ranks #314 out of 395 companies in the Insurance industry, placing it in the top 79.5%.
Is Insurance Australia Group's EV-to-FCF too high?
Insurance Australia Group's current EV-to-FCF of 21.10 is 29% above median its 10-year median of 16.41. The Insurance industry median EV-to-FCF is 9.94. Insurance Australia Group's value of 21.10 is 112.3% above this industry median. Based on the distribution chart, Insurance Australia Group ranks #314 out of 395 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Insurance Australia 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 Insurance Australia Group's EV-to-FCF compare to CB and PGR?
According to the Insurance industry distribution chart, Insurance Australia Group ranks #314 out of 395 companies for EV-to-FCF. This places Insurance Australia Group in the lower half of its industry. The industry median EV-to-FCF is 9.94. Insurance Australia Group's value of 21.10 is 112.3% above this benchmark. While the company's 10-year median is 16.41 vs. the industry median of 9.94, Insurance Australia Group has consistently been above 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 9.94, 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. Insurance Australia Group's current EV-to-FCF of 21.10 is 112.3% above 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 Insurance Australia Group and its competitors. For the Insurance industry, the median EV-to-FCF is 9.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Insurance Australia Group's current EV-to-FCF is 21.10, which is 29% above median its own 10-year median of 16.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Insurance Australia Group stock overvalued right now?
Based on GuruFocus' analysis, Insurance Australia Group (ASX:IAG) is currently considered Modestly Overvalued. The stock's GF Value™ is A$7.34, compared to a current price of A$8.19 — trading 11.6% above its estimated fair value. The current EV-to-FCF is 21.10, which is 29% above median its 10-year median of 16.41 and 112.3% above the Insurance industry median of 9.94. Insurance Australia Group's overall GF Score™ is 80/100 with 6 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 Insurance Australia Group (ASX:IAG), the current EV-to-FCF is 21.10 as of Jul. 12, 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 Insurance Australia Group (ASX:IAG) Overvalued in 2026?
Based on GuruFocus' analysis, Insurance Australia Group stock appears to be overvalued.
The current stock price of A$8.19 is trading 11.6% above its estimated GF Value™ of A$7.34.
GuruFocus considers Insurance Australia Group to be Modestly Overvalued.
Key valuation signals for ASX:IAG:
EV-to-FCF: 21.10 (29% above median its 10-year median of 16.41)
GF Value™: A$7.34 vs. price of A$8.19 (11.6% above fair value)
Industry Position: 112.3% above the Insurance median (#314 of 395)
No single metric tells the full story. See the ASX:IAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Insurance Australia Group is the biggest domestic general insurer by gross written premiums, operating in Australia and New Zealand. The key general insurance markets in which the company operates are home and contents, motor vehicle and compulsory third party, and short-tail commercial. Insurance Australia Group sells insurance under several brands, including NRMA, CGU, SGIO, SGIC, WFI, and Swann in Australia and NZI, State, AMI, and Lumley in New Zealand.
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