NRW HoldingsASX:NWH 76 EV-to-FCF is 22.94 as of Jun. 28, 2026, which is 31% above its 10-year median of 17.57. GuruFocus rates ASX:NWH with a GF Score™ of 76/100 and a GF Value™ of A$4.41 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 355 Conglomerates companies, NRW Holdings ranks worse than 60.85% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, NRW Holdings's Enterprise Value is A$3,532 Mil.
NRW Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$154 Mil. Therefore, NRW Holdings's EV-to-FCF for today is 22.94.
The historical rank and industry rank for NRW Holdings's EV-to-FCF or its related term are showing as below:
ASX:NWH'
s EV-to-FCF Range Over the Past 10 Years
Min: 3.13 Med: 17.57 Max: 61.96
Current: 22.94
During the past 13 years, the highest EV-to-FCF of NRW Holdings was 61.96. The lowest was 3.13. And the median was 17.57.
ASX:NWH's EV-to-FCF is ranked worse than 60.85% of 355
companies
in the Conglomerates industry
Industry Median: 17.38
vs ASX:NWH: 22.94
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.
NRW Holdings's PE Ratio (TTM) for today is calculated as:
NRW Holdings's share price for today is A$7.25.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NRW Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.105.
* 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.
NRW Holdings EV-to-FCF Related Terms
NRW Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for NRW Holdings'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 Conglomerates subindustry, NRW Holdings'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.
NRW Holdings EV-to-FCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, NRW Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where NRW Holdings's EV-to-FCF falls into.
NRW Holdings's current Enterprise Value is A$3,532 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NRW Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$154 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.
NRW Holdings (ASX:NWH) has a EV-to-FCF of 22.94 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on NRW Holdings and its competitors. This is 31% above median its historical median of 17.57. Over the past decade, NRW Holdings' EV-to-FCF has ranged from 3.13 to 61.96. According to the industry distribution chart, NRW Holdings ranks #216 out of 355 companies in the Conglomerates industry, placing it in the top 60.8%.
Is NRW Holdings' EV-to-FCF too high?
NRW Holdings' current EV-to-FCF of 22.94 is 31% above median its 10-year median of 17.57. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 61.96. The Conglomerates industry median EV-to-FCF is 17.38. NRW Holdings' value of 22.94 is 32% above this industry median. Based on the distribution chart, NRW Holdings ranks #216 out of 355 companies in the Conglomerates industry, which is below the industry midpoint. Overall, NRW Holdings has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRW Holdings' EV-to-FCF compare to HON and MMM?
According to the Conglomerates industry distribution chart, NRW Holdings ranks #216 out of 355 companies for EV-to-FCF. This places NRW Holdings in the lower half of its industry. The industry median EV-to-FCF is 17.38. NRW Holdings' value of 22.94 is 32% above this benchmark. Historically, NRW Holdings' own EV-to-FCF has ranged from 3.13 to 61.96 over the past decade. While the company's 10-year median is 17.57 vs. the industry median of 17.38, NRW Holdings 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 a Conglomerates company?
The median EV-to-FCF among Conglomerates companies is 17.38, based on 355 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. NRW Holdings's current EV-to-FCF of 22.94 is 32% 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 NRW Holdings and its competitors. For the Conglomerates industry, the median EV-to-FCF is 17.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRW Holdings's current EV-to-FCF is 22.94, which is 31% above median its own 10-year median of 17.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRW Holdings stock overvalued right now?
Based on GuruFocus' analysis, NRW Holdings (ASX:NWH) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.41, compared to a current price of A$7.25 — trading 64.4% above its estimated fair value. The current EV-to-FCF is 22.94, which is 31% above median its 10-year median of 17.57 and 32% above the Conglomerates industry median of 17.38. NRW Holdings' overall GF Score™ is 76/100 with 8 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 NRW Holdings (ASX:NWH), the current EV-to-FCF is 22.94 as of Jun. 28, 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 NRW Holdings (ASX:NWH) Overvalued in 2026?
Based on GuruFocus' analysis, NRW Holdings stock appears to be overvalued.
The current stock price of A$7.25 is trading 64.4% above its estimated GF Value™ of A$4.41.
GuruFocus considers NRW Holdings to be Significantly Overvalued.
Key valuation signals for ASX:NWH:
EV-to-FCF: 22.94 (31% above median its 10-year median of 17.57)
GF Value™: A$4.41 vs. price of A$7.25 (64.4% above fair value)
Industry Position: 32% above the Conglomerates median (#216 of 355)
No single metric tells the full story. See the ASX:NWH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NRW Holdings Ltd is a provider of diversified contract services to the resources and infrastructure sectors. The company's operating segment includes Civil; Mining and Minerals, Energy & Technologies. It generates maximum revenue from the Mining segment. The Mining business specialises in mine management, contract mining, load and haul, dragline operations, drill and blast, coal handling prep plants, maintenance services, and the fabrication of water and service vehicles.
76GF Score
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