Treasury Wine EstatesASX:TWE +1.56%59 EV-to-FCF is 22.60 as of Jul. 04, 2026, which is 39% below its 10-year median of 37.17. GuruFocus rates ASX:TWE with a GF Score™ of 59/100 and a GF Value™ of A$10.18 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 138 Beverages - Alcoholic companies, Treasury Wine Estates ranks worse than 63.77% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Treasury Wine Estates's Enterprise Value is A$5,569 Mil.
Treasury Wine Estates's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$246 Mil. Therefore, Treasury Wine Estates's EV-to-FCF for today is 22.60.
The historical rank and industry rank for Treasury Wine Estates's EV-to-FCF or its related term are showing as below:
ASX:TWE'
s EV-to-FCF Range Over the Past 10 Years
Min: 12.16 Med: 37.17 Max: 468.19
Current: 23.06
During the past 13 years, the highest EV-to-FCF of Treasury Wine Estates was 468.19. The lowest was 12.16. And the median was 37.17.
ASX:TWE's EV-to-FCF is ranked worse than 63.77% of 138
companies
in the Beverages - Alcoholic industry
Industry Median: 16.8
vs ASX:TWE: 23.06
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.
Treasury Wine Estates's PE Ratio (TTM) for today is calculated as:
Treasury Wine Estates's share price for today is A$4.57.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Treasury Wine Estates's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.536.
* 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.
* 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 Beverages - Wineries & Distilleries subindustry, Treasury Wine Estates'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.
Treasury Wine Estates EV-to-FCF vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Treasury Wine Estates's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Treasury Wine Estates's EV-to-FCF falls into.
Treasury Wine Estates's current Enterprise Value is A$5,569 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Treasury Wine Estates's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was A$246 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.
Treasury Wine Estates (ASX:TWE) has a EV-to-FCF of 22.60 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Treasury Wine Estates and its competitors. This is 39% below median its historical median of 37.17. Over the past decade, Treasury Wine Estates' EV-to-FCF has ranged from 12.16 to 468.19. According to the industry distribution chart, Treasury Wine Estates ranks #88 out of 138 companies in the Beverages - Alcoholic industry, placing it in the top 63.8%.
Is Treasury Wine Estates' EV-to-FCF too high?
Treasury Wine Estates' current EV-to-FCF of 22.60 is 39% below median its 10-year median of 37.17. Over the past 10 years, this metric has ranged from a low of 12.16 to a high of 468.19. The Beverages - Alcoholic industry median EV-to-FCF is 16.80. Treasury Wine Estates' value of 22.60 is 34.5% above this industry median. Based on the distribution chart, Treasury Wine Estates ranks #88 out of 138 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Treasury Wine Estates has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Treasury Wine Estates' EV-to-FCF compare to BF.B?
According to the Beverages - Alcoholic industry distribution chart, Treasury Wine Estates ranks #88 out of 138 companies for EV-to-FCF. This places Treasury Wine Estates in the lower half of its industry. The industry median EV-to-FCF is 16.80. Treasury Wine Estates' value of 22.60 is 34.5% above this benchmark. Historically, Treasury Wine Estates' own EV-to-FCF has ranged from 12.16 to 468.19 over the past decade. While the company's 10-year median is 37.17 vs. the industry median of 16.80, Treasury Wine Estates 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 Beverages - Alcoholic company?
The median EV-to-FCF among Beverages - Alcoholic companies is 16.80, based on 138 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. Treasury Wine Estates's current EV-to-FCF of 22.60 is 34.5% 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 Treasury Wine Estates and its competitors. For the Beverages - Alcoholic industry, the median EV-to-FCF is 16.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Treasury Wine Estates's current EV-to-FCF is 22.60, which is 39% below median its own 10-year median of 37.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Treasury Wine Estates stock overvalued right now?
Based on GuruFocus' analysis, Treasury Wine Estates (ASX:TWE) is currently considered Possible Value Trap. The stock's GF Value™ is A$10.18, compared to a current price of A$4.57 — trading 55.1% below its estimated fair value. The current EV-to-FCF is 22.60, which is 39% below median its 10-year median of 37.17 and 34.5% above the Beverages - Alcoholic industry median of 16.80. Treasury Wine Estates' overall GF Score™ is 59/100 with 10 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 Treasury Wine Estates (ASX:TWE), the current EV-to-FCF is 22.60 as of Jul. 04, 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 Treasury Wine Estates (ASX:TWE) Overvalued in 2026?
Based on GuruFocus' analysis, Treasury Wine Estates stock appears to be undervalued.
The current stock price of A$4.57 is trading 55.1% below its estimated GF Value™ of A$10.18.
GuruFocus considers Treasury Wine Estates to be Possible Value Trap.
Key valuation signals for ASX:TWE:
EV-to-FCF: 22.60 (39% below median its 10-year median of 37.17)
GF Value™: A$10.18 vs. price of A$4.57 (55.1% below fair value)
Industry Position: 34.5% above the Beverages - Alcoholic median (#88 of 138)
No single metric tells the full story. See the ASX:TWE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, US wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional US brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.
59GF Score
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