Hays (CHIX:HASL) EV-to-FCF: 15.00 (As of Aug. 15, 2026) — 14% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:HASL Hays PLC CHIX:HASL
50 GF Score
Price £0.69
GF Value £0.77
Valuation Modestly Undervalued
! 12 Warning Signs
View Full Analysis

What is Hays EV-to-FCF?

Hays CHIX:HASL +6.34% 50 EV-to-FCF is 15.00 as of Aug. 15, 2026, which is 14% above its 10-year median of 13.20. GuruFocus rates CHIX:HASL with a GF Score™ of 50/100 and a GF Value™ of £0.77 (Modestly Undervalued). The stock has 12 warning signs investors should review. Among 716 Business Services companies, Hays ranks worse than 54.33% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hays's Enterprise Value is £1,224 Mil. Hays's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £82 Mil. Therefore, Hays's EV-to-FCF for today is 15.00.

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

CHIX:HASl' s EV-to-FCF Range Over the Past 10 Years
Min: -213.05   Med: 13.2   Max: 28.05
Current: 14.39

During the past 13 years, the highest EV-to-FCF of Hays was 28.05. The lowest was -213.05. And the median was 13.20.

CHIX:HASl's EV-to-FCF is ranked worse than
54.33% of 716 companies
in the Business Services industry
Industry Median: 13.03 vs CHIX:HASl: 14.39

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 (2026-08-15), Hays's stock price is £0.6915. Hays's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.007. Therefore, Hays's PE Ratio (TTM) for today is At Loss.


Hays  (CHIX:HASl) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.6915/-0.007
=At Loss

Hays's share price for today is £0.6915.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hays's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.007.

* 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.


Hays EV-to-FCF Related Terms


Hays EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Hays'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.

Hays EV-to-FCF Chart

Hays Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -191.35 11.75 12.29 22.38 14.67

Hays Semi-Annual Data
Jun16 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 0.00 22.38 0.00 14.67 0.00

CHIX:HASL vs KFY, RHI, TNET: EV-to-FCF Comparison

For the Staffing & Employment Services subindustry, Hays'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.


Hays EV-to-FCF vs Business Services Industry

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

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


CHIX:HASL
50GF Score
Hays PLC CHIX:HASL
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hays EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1223.758/81.6
=15.00

Hays's current Enterprise Value is £1,224 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hays's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £82 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 15.00 mean?
Hays (CHIX:HASL) has a EV-to-FCF of 15.00 as of Aug. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hays and its competitors. This is 14% above median its historical median of 13.20. According to the industry distribution chart, Hays ranks #389 out of 716 companies in the Business Services industry, placing it in the top 54.3%.
Is Hays' EV-to-FCF too high?
Hays' current EV-to-FCF of 15.00 is 14% above median its 10-year median of 13.20. The Business Services industry median EV-to-FCF is 13.03. Hays' value of 15.00 is 15.1% above this industry median. Based on the distribution chart, Hays ranks #389 out of 716 companies in the Business Services industry, which is below the industry midpoint. Overall, Hays has a GF Score™ of 50/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hays' EV-to-FCF compare to KFY and RHI?
According to the Business Services industry distribution chart, Hays ranks #389 out of 716 companies for EV-to-FCF. This places Hays in the lower half of its industry. The industry median EV-to-FCF is 13.03. Hays' value of 15.00 is 15.1% above this benchmark. While the company's 10-year median is 13.20 vs. the industry median of 13.03, Hays 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 Business Services company?
The median EV-to-FCF among Business Services companies is 13.03, based on 716 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. Hays's current EV-to-FCF of 15.00 is 15.1% 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 Hays and its competitors. For the Business Services industry, the median EV-to-FCF is 13.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hays's current EV-to-FCF is 15.00, which is 14% above median its own 10-year median of 13.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hays stock overvalued right now?
Based on GuruFocus' analysis, Hays (CHIX:HASL) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.77, compared to a current price of £0.69 — trading 10.2% below its estimated fair value. The current EV-to-FCF is 15.00, which is 14% above median its 10-year median of 13.20 and 15.1% above the Business Services industry median of 13.03. Hays' overall GF Score™ is 50/100 with 12 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 Hays (CHIX:HASL), the current EV-to-FCF is 15.00 as of Aug. 15, 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 Hays (CHIX:HASL) Overvalued in 2026?

Based on GuruFocus' analysis, Hays stock appears to be undervalued. The current stock price of £0.69 is trading 10.2% below its estimated GF Value™ of £0.77. GuruFocus considers Hays to be Modestly Undervalued.

Key valuation signals for CHIX:HASL:

  • EV-to-FCF: 15.00 (14% above median its 10-year median of 13.20)
  • GF Value™: £0.77 vs. price of £0.69 (10.2% below fair value)
  • GF Score™: 50/100 with 12 warning signs
  • Industry Position: 15.1% above the Business Services median (#389 of 716)

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


Hays Business Description

Other Exchanges HAYPY:USAHAS:UKHAY:Germany
Address 107 Cheapside, 4th Floor, London, GBR, EC2V 6DN
Hays PLC is a recruitment company, providing staffing solutions across various sectors, including information technology, construction, finance, education, and healthcare. The company generates revenue prominently through fees for placing candidates in permanent, temporary, and contract roles. It also offers workforce solutions such as recruitment process outsourcing, managed service programs, and advisory services. Hays operates its business in four regions: Germany, the United Kingdom & Ireland, Australia & New Zealand, and the Rest of the World. Its business model focuses on matching skilled professionals with employer needs through a network of recruitment consultants and digital platforms, without owning physical labor assets.
50GF Score

Get the complete analysis for CHIX:HASL

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

£0.69
Price
£0.77
GF Value