Constellation EnergyCEG +2.77%78 EV-to-FCF is 96.57 as of Jul. 06, 2026. GuruFocus rates CEG with a GF Score™ of 78/100 and a GF Value™ of $274.44 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 236 Utilities - Independent Power Producers companies, Constellation Energy ranks worse than 86.44% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Constellation Energy's Enterprise Value is $109,804 Mil.
Constellation Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,137 Mil. Therefore, Constellation Energy's EV-to-FCF for today is 96.57.
The historical rank and industry rank for Constellation Energy's EV-to-FCF or its related term are showing as below:
CEG'
s EV-to-FCF Range Over the Past 10 Years
Min: -461 Med: -8.88 Max: 116.97
Current: 96.57
During the past 8 years, the highest EV-to-FCF of Constellation Energy was 116.97. The lowest was -461.00. And the median was -8.88.
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.
Constellation Energy (NAS:CEG) 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.
Constellation Energy's PE Ratio (TTM) for today is calculated as:
Constellation Energy's share price for today is $245.87.
Constellation Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $11.510.
* 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.
Constellation Energy EV-to-FCF Related Terms
Constellation Energy EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Constellation Energy'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 Utilities - Independent Power Producers subindustry, Constellation Energy'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.
Constellation Energy EV-to-FCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Constellation Energy's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Constellation Energy's EV-to-FCF falls into.
Constellation Energy's current Enterprise Value is $109,804 Mil.
Constellation Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,137 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.
Constellation Energy (CEG) has a EV-to-FCF of 96.57 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Constellation Energy and its competitors. According to the industry distribution chart, Constellation Energy ranks #204 out of 236 companies in the Utilities - Independent Power Producers industry, placing it in the top 86.4%.
Is Constellation Energy's EV-to-FCF too high?
Constellation Energy's current EV-to-FCF is 96.57. The Utilities - Independent Power Producers industry median EV-to-FCF is 15.42. Constellation Energy's value of 96.57 is 526.3% above this industry median. Based on the distribution chart, Constellation Energy ranks #204 out of 236 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Constellation Energy has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Constellation Energy's EV-to-FCF compare to VST and NRG?
According to the Utilities - Independent Power Producers industry distribution chart, Constellation Energy ranks #204 out of 236 companies for EV-to-FCF. This places Constellation Energy in the lower half of its industry. The industry median EV-to-FCF is 15.42. Constellation Energy's value of 96.57 is 526.3% 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 an Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 15.42, based on 236 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. Constellation Energy's current EV-to-FCF of 96.57 is 526.3% 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 Constellation Energy and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 15.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Constellation Energy's current EV-to-FCF is 96.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Constellation Energy stock overvalued right now?
Based on GuruFocus' analysis, Constellation Energy (CEG) is currently considered Modestly Undervalued. The stock's GF Value™ is $274.44, compared to a current price of $245.87 — trading 10.4% below its estimated fair value. The current EV-to-FCF is 96.57 and 526.3% above the Utilities - Independent Power Producers industry median of 15.42. Constellation Energy's overall GF Score™ is 78/100 with 3 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 Constellation Energy (CEG), the current EV-to-FCF is 96.57 as of Jul. 06, 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 Constellation Energy (CEG) Overvalued in 2026?
Based on GuruFocus' analysis, Constellation Energy stock appears to be undervalued.
The current stock price of $245.87 is trading 10.4% below its estimated GF Value™ of $274.44.
GuruFocus considers Constellation Energy to be Modestly Undervalued.
Key valuation signals for CEG:
EV-to-FCF: 96.57
GF Value™: $274.44 vs. price of $245.87 (10.4% below fair value)
Industry Position: 526.3% above the Utilities - Independent Power Producers median (#204 of 236)
No single metric tells the full story. See the CEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Constellation Energy Corp producer of carbon-free energy and a supplier of energy products and services. The company offers generating capacity that includes nuclear, wind, solar, natural gas, and hydroelectric assets. It sells electricity, natural gas, and other energy-related products and sustainable solutions to various types of customers, including distribution utilities, municipalities, cooperatives, and commercial, industrial, public sector, and residential customers in markets across multiple geographic regions. Its operating segments and reporting units are Mid-Atlantic, Midwest, New York, ERCOT, and Other Power Regions.
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