MFF Capital Investments (ASX:MFF) EV-to-FCF: 170.40 (As of Aug. 22, 2026) — 2395% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:MFF MFF Capital Investments Ltd ASX:MFF
42 GF Score
Price A$5.33
GF Value A$1.51
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is MFF Capital Investments EV-to-FCF?

MFF Capital Investments ASX:MFF +0.95% 42 EV-to-FCF is 170.40 as of Aug. 22, 2026, which is 2395% above its 10-year median of 6.83. GuruFocus rates ASX:MFF with a GF Score™ of 42/100 and a GF Value™ of A$1.51 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 941 Asset Management companies, MFF Capital Investments ranks worse than 94.16% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, MFF Capital Investments's Enterprise Value is A$3,047.2 Mil. MFF Capital Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was A$17.9 Mil. Therefore, MFF Capital Investments's EV-to-FCF for today is 170.40.

The historical rank and industry rank for MFF Capital Investments's EV-to-FCF or its related term are showing as below:

ASX:MFF' s EV-to-FCF Range Over the Past 10 Years
Min: -89.59   Med: 6.83   Max: 180.13
Current: 170.74

During the past 13 years, the highest EV-to-FCF of MFF Capital Investments was 180.13. The lowest was -89.59. And the median was 6.83.

ASX:MFF's EV-to-FCF is ranked worse than
94.16% of 941 companies
in the Asset Management industry
Industry Median: 14.15 vs ASX:MFF: 170.74

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.

As of today (2026-08-22), MFF Capital Investments's stock price is A$5.33. MFF Capital Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.271. Therefore, MFF Capital Investments's PE Ratio (TTM) for today is 19.67.


MFF Capital Investments  (ASX:MFF) 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.

MFF Capital Investments's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.33/0.271
=19.67

MFF Capital Investments's share price for today is A$5.33.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MFF Capital Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.271.

* 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.


MFF Capital Investments EV-to-FCF Related Terms


MFF Capital Investments EV-to-FCF Historical Data

* Premium members only.

The historical data trend for MFF Capital Investments'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.

MFF Capital Investments EV-to-FCF Chart

MFF Capital Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.49 13.67 6.61 7.12 170.03

MFF Capital Investments Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.61 0.00 7.12 0.00 170.03

ASX:MFF vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, MFF Capital Investments'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.


MFF Capital Investments EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, MFF Capital Investments's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where MFF Capital Investments's EV-to-FCF falls into.


ASX:MFF
42GF Score
MFF Capital Investments Ltd ASX:MFF
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MFF Capital Investments EV-to-FCF Calculation

MFF Capital Investments's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3047.160/17.882
=170.40

MFF Capital Investments's current Enterprise Value is A$3,047.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. MFF Capital Investments's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was A$17.9 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 170.40 mean?
MFF Capital Investments (ASX:MFF) has a EV-to-FCF of 170.40 as of Aug. 22, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on MFF Capital Investments and its competitors. This is 2395% above median its historical median of 6.83. According to the industry distribution chart, MFF Capital Investments ranks #886 out of 941 companies in the Asset Management industry, placing it in the top 94.2%.
Is MFF Capital Investments' EV-to-FCF too high?
MFF Capital Investments' current EV-to-FCF of 170.40 is 2395% above median its 10-year median of 6.83. The Asset Management industry median EV-to-FCF is 14.15. MFF Capital Investments' value of 170.40 is 1104.2% above this industry median. Based on the distribution chart, MFF Capital Investments ranks #886 out of 941 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, MFF Capital Investments has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MFF Capital Investments' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, MFF Capital Investments ranks #886 out of 941 companies for EV-to-FCF. This places MFF Capital Investments in the lower half of its industry. The industry median EV-to-FCF is 14.15. MFF Capital Investments' value of 170.40 is 1104.2% above this benchmark. While the company's 10-year median is 6.83 vs. the industry median of 14.15, MFF Capital Investments 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.15, based on 941 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. MFF Capital Investments's current EV-to-FCF of 170.40 is 1104.2% 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 MFF Capital Investments and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MFF Capital Investments's current EV-to-FCF is 170.40, which is 2395% above median its own 10-year median of 6.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MFF Capital Investments stock overvalued right now?
Based on GuruFocus' analysis, MFF Capital Investments (ASX:MFF) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.51, compared to a current price of A$5.33 — trading 253% above its estimated fair value. The current EV-to-FCF is 170.40, which is 2395% above median its 10-year median of 6.83 and 1104.2% above the Asset Management industry median of 14.15. MFF Capital Investments' overall GF Score™ is 42/100 with 5 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 MFF Capital Investments (ASX:MFF), the current EV-to-FCF is 170.40 as of Aug. 22, 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 MFF Capital Investments (ASX:MFF) Overvalued in 2026?

Based on GuruFocus' analysis, MFF Capital Investments stock appears to be overvalued. The current stock price of A$5.33 is trading 253% above its estimated GF Value™ of A$1.51. GuruFocus considers MFF Capital Investments to be Significantly Overvalued.

Key valuation signals for ASX:MFF:

  • EV-to-FCF: 170.40 (2395% above median its 10-year median of 6.83)
  • GF Value™: A$1.51 vs. price of A$5.33 (253% above fair value)
  • GF Score™: 42/100 with 5 warning signs
  • Industry Position: 1104.2% above the Asset Management median (#886 of 941)

No single metric tells the full story. See the ASX:MFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MFF Capital Investments Business Description

Address 25 Martin Place, Level 36, Sydney, NSW, AUS, 2000
MFF Capital Investments Ltd is an asset management company. The company invests in a minimum of twenty exchange-listed international and Australian companies. The company's investments are managed on a single portfolio basis, and in one business segment being equity investment, and in one geographic segment, Australia. The investment objective of the firm is to maximize compound risk-adjusted after-tax returns for shareholders by identifying and investing in a minimum of 20 stock exchange listed international and Australian companies with a focus upon those assessed to have attractive business characteristics at a discount to their assessed intrinsic values.
42GF Score

Get the complete analysis for ASX:MFF

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$5.33
Price
A$1.51
GF Value