Euronext Athens HoldingATH:EXAE +0.40%89 EV-to-FCF is 6.54 as of Jun. 28, 2026, which is 69% below its 10-year median of 21.07. GuruFocus rates ATH:EXAE with a GF Score™ of 89/100 and a GF Value™ of €8.59 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 448 Capital Markets companies, Euronext Athens Holding ranks better than 57.59% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Euronext Athens Holding's Enterprise Value is €329.85 Mil.
Euronext Athens Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €50.46 Mil. Therefore, Euronext Athens Holding's EV-to-FCF for today is 6.54.
The historical rank and industry rank for Euronext Athens Holding's EV-to-FCF or its related term are showing as below:
ATH:EXAE'
s EV-to-FCF Range Over the Past 10 Years
Min: -93 Med: 21.07 Max: 155.08
Current: 6.54
During the past 13 years, the highest EV-to-FCF of Euronext Athens Holding was 155.08. The lowest was -93.00. And the median was 21.07.
ATH:EXAE's EV-to-FCF is ranked better than 57.59% of 448
companies
in the Capital Markets industry
Industry Median: 9.145
vs ATH:EXAE: 6.54
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.
Euronext Athens Holding's PE Ratio (TTM) for today is calculated as:
Euronext Athens Holding's share price for today is €7.54.
Euronext Athens Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.546.
* 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 Financial Data & Stock Exchanges subindustry, Euronext Athens Holding'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.
Euronext Athens Holding EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Euronext Athens Holding's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Euronext Athens Holding's EV-to-FCF falls into.
Euronext Athens Holding's current Enterprise Value is €329.85 Mil.
Euronext Athens Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €50.46 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.
Euronext Athens Holding (ATH:EXAE) has a EV-to-FCF of 6.54 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Euronext Athens Holding and its competitors. This is 69% below median its historical median of 21.07. According to the industry distribution chart, Euronext Athens Holding ranks #190 out of 448 companies in the Capital Markets industry, placing it in the top 42.4%.
Is Euronext Athens Holding's EV-to-FCF too high?
Euronext Athens Holding's current EV-to-FCF of 6.54 is 69% below median its 10-year median of 21.07. The Capital Markets industry median EV-to-FCF is 9.15. Euronext Athens Holding's value of 6.54 is 28.5% below this industry median. Based on the distribution chart, Euronext Athens Holding ranks #190 out of 448 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Euronext Athens Holding has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Euronext Athens Holding's EV-to-FCF compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Euronext Athens Holding ranks #190 out of 448 companies for EV-to-FCF. This puts Euronext Athens Holding in the upper half of its industry. The industry median EV-to-FCF is 9.15. Euronext Athens Holding's value of 6.54 is 28.5% below this benchmark. While the company's 10-year median is 21.07 vs. the industry median of 9.15, Euronext Athens Holding has consistently been below 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 Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.15, based on 448 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. Euronext Athens Holding's current EV-to-FCF of 6.54 is 28.5% below 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 Euronext Athens Holding and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Euronext Athens Holding's current EV-to-FCF is 6.54, which is 69% below median its own 10-year median of 21.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euronext Athens Holding stock overvalued right now?
Based on GuruFocus' analysis, Euronext Athens Holding (ATH:EXAE) is currently considered Modestly Undervalued. The stock's GF Value™ is €8.59, compared to a current price of €7.54 — trading 12.2% below its estimated fair value. The current EV-to-FCF is 6.54, which is 69% below median its 10-year median of 21.07 and 28.5% below the Capital Markets industry median of 9.15. Euronext Athens Holding's overall GF Score™ is 89/100 with 4 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 Euronext Athens Holding (ATH:EXAE), the current EV-to-FCF is 6.54 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 Euronext Athens Holding (ATH:EXAE) Overvalued in 2026?
Based on GuruFocus' analysis, Euronext Athens Holding stock appears to be undervalued.
The current stock price of €7.54 is trading 12.2% below its estimated GF Value™ of €8.59.
GuruFocus considers Euronext Athens Holding to be Modestly Undervalued.
Key valuation signals for ATH:EXAE:
EV-to-FCF: 6.54 (69% below median its 10-year median of 21.07)
GF Value™: €8.59 vs. price of €7.54 (12.2% below fair value)
Industry Position: 28.5% below the Capital Markets median (#190 of 448)
No single metric tells the full story. See the ATH:EXAE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Euronext Athens Holding SA operates the Greek capital market, offering trading, clearing, settlement, and registry services for equities, derivatives, bonds, and energy markets.
89GF Score
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