AVAX (ATH:AVAX) EV-to-FCF: 21.12 (As of Jun. 25, 2026)


ATH:AVAX AVAX SA ATH:AVAX
64 GF Score
Price €3.43
GF Value €2.93
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AVAX EV-to-FCF?

AVAX ATH:AVAX -0.29% 64 EV-to-FCF is 21.12 as of Jun. 25, 2026. GuruFocus rates ATH:AVAX with a GF Score™ of 64/100 and a GF Value™ of €2.93 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,099 Construction companies, AVAX ranks worse than 63.79% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AVAX's Enterprise Value is €779.9 Mil. AVAX's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €36.9 Mil. Therefore, AVAX's EV-to-FCF for today is 21.12.

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

ATH:AVAX' s EV-to-FCF Range Over the Past 10 Years
Min: -22.5   Med: -6.01   Max: 64.64
Current: 21.5

During the past 12 years, the highest EV-to-FCF of AVAX was 64.64. The lowest was -22.50. And the median was -6.01.

ATH:AVAX's EV-to-FCF is ranked worse than
63.79% of 1099 companies
in the Construction industry
Industry Median: 13.49 vs ATH:AVAX: 21.50

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 (2026-06-25), AVAX's stock price is €3.425. AVAX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.320. Therefore, AVAX's PE Ratio (TTM) for today is 10.70.


AVAX  (ATH:AVAX) 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.

AVAX's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.425/0.320
=10.70

AVAX's share price for today is €3.425.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AVAX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.320.

* 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.


AVAX EV-to-FCF Related Terms


AVAX EV-to-FCF Historical Data

* Premium members only.

The historical data trend for AVAX'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.

AVAX EV-to-FCF Chart

AVAX Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.76 46.55 14.90 -9.59 19.29

AVAX Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 14.90 0.00 -9.59 0.00 19.29

ATH:AVAX vs PWR, FIX, EME: EV-to-FCF Comparison

For the Engineering & Construction subindustry, AVAX'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.


AVAX EV-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, AVAX's EV-to-FCF distribution charts can be found below:

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


ATH:AVAX
64GF Score
AVAX SA ATH:AVAX
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVAX EV-to-FCF Calculation

AVAX's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=779.891/36.922
=21.12

AVAX's current Enterprise Value is €779.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AVAX's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €36.9 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 21.12 mean?
AVAX (ATH:AVAX) has a EV-to-FCF of 21.12 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AVAX and its competitors. According to the industry distribution chart, AVAX ranks #701 out of 1099 companies in the Construction industry, placing it in the top 63.8%.
Is AVAX's EV-to-FCF too high?
AVAX's current EV-to-FCF is 21.12. The Construction industry median EV-to-FCF is 13.49. AVAX's value of 21.12 is 56.6% above this industry median. Based on the distribution chart, AVAX ranks #701 out of 1099 companies in the Construction industry, which is below the industry midpoint. Overall, AVAX has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AVAX's EV-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, AVAX ranks #701 out of 1099 companies for EV-to-FCF. This places AVAX in the lower half of its industry. The industry median EV-to-FCF is 13.49. AVAX's value of 21.12 is 56.6% above this benchmark. 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 Construction company?
The median EV-to-FCF among Construction companies is 13.49, based on 1,099 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. AVAX's current EV-to-FCF of 21.12 is 56.6% 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 AVAX and its competitors. For the Construction industry, the median EV-to-FCF is 13.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVAX's current EV-to-FCF is 21.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX stock overvalued right now?
Based on GuruFocus' analysis, AVAX (ATH:AVAX) is currently considered Modestly Overvalued. The stock's GF Value™ is €2.93, compared to a current price of €3.43 — trading 16.9% above its estimated fair value. The current EV-to-FCF is 21.12 and 56.6% above the Construction industry median of 13.49. AVAX's overall GF Score™ is 64/100 with 7 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 AVAX (ATH:AVAX), the current EV-to-FCF is 21.12 as of Jun. 25, 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 AVAX (ATH:AVAX) Overvalued in 2026?

Based on GuruFocus' analysis, AVAX stock appears to be overvalued. The current stock price of €3.43 is trading 16.9% above its estimated GF Value™ of €2.93. GuruFocus considers AVAX to be Modestly Overvalued.

Key valuation signals for ATH:AVAX:

  • EV-to-FCF: 21.12
  • GF Value™: €2.93 vs. price of €3.43 (16.9% above fair value)
  • GF Score™: 64/100 with 7 warning signs
  • Industry Position: 56.6% above the Construction median (#701 of 1099)

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


AVAX Business Description

Other Exchanges 0DO2:UKIJ6:Germany
Address 16 Amaroussiou, Halandriou Street, Marousi, GRC, 15125
AVAX SA operates as a construction company in Greece. The company operates through the following segments: The Construction segment develops buildings, warehouses, and shopping centers; The Concessions segment constructs highways, bridges, airports, and car parks; The Energy segment comprises of the construction TAP natural gas pipeline in Northern Greece; design and construction of power plants in Iraq; TheReal Estate segment covers estate development and other activities. It derives maximum revenue from the Construction segment.
64GF Score

Get the complete analysis for ATH:AVAX

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

€3.43
Price
€2.93
GF Value