EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, India Capital Growth Fund's Enterprise Value is £111.34 Mil.
India Capital Growth Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.59 Mil. Therefore, India Capital Growth Fund's EV-to-FCF for today is -189.99.
The historical rank and industry rank for India Capital Growth Fund's EV-to-FCF or its related term are showing as below:
CHIX:IGCL'
s EV-to-FCF Range Over the Past 10 Years
Min: -332.98 Med: -198.91 Max: -56.24
Current: -189.99
During the past 13 years, the highest EV-to-FCF of India Capital Growth Fund was -56.24. The lowest was -332.98. And the median was -198.91.
CHIX:IGCL's EV-to-FCF is ranked worse than 100% of 936
companies
in the Asset Management industry
Industry Median: 14.5
vs CHIX:IGCL: -189.99
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.
India Capital Growth Fund (CHIX:IGCL) 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.
India Capital Growth Fund's PE Ratio (TTM) for today is calculated as:
India Capital Growth Fund's share price for today is £1.69.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. India Capital Growth Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.232.
* 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.
India Capital Growth Fund EV-to-FCF Related Terms
India Capital Growth Fund EV-to-FCF Historical Data
* 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 Asset Management subindustry, India Capital Growth Fund'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.
India Capital Growth Fund EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, India Capital Growth Fund's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where India Capital Growth Fund's EV-to-FCF falls into.
India Capital Growth Fund's current Enterprise Value is £111.34 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. India Capital Growth Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.59 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.
India Capital Growth Fund (CHIX:IGCL) has a EV-to-FCF of -189.99 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on India Capital Growth Fund and its competitors. According to the industry distribution chart, India Capital Growth Fund ranks #999999 out of 936 companies in the Asset Management industry.
Is India Capital Growth Fund's EV-to-FCF too high?
India Capital Growth Fund's current EV-to-FCF is -189.99. Based on the distribution chart, India Capital Growth Fund ranks #999999 out of 936 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, India Capital Growth Fund has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does India Capital Growth Fund's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, India Capital Growth Fund ranks #999999 out of 936 companies for EV-to-FCF. This places India Capital Growth Fund in the lower half of its industry. The industry median EV-to-FCF is 14.50. 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.50, based on 936 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. 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 India Capital Growth Fund and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Capital Growth Fund's current EV-to-FCF is -189.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Capital Growth Fund stock overvalued right now?
Based on GuruFocus' analysis, India Capital Growth Fund (CHIX:IGCL) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.21, compared to a current price of £1.69 — trading 39.7% above its estimated fair value. The current EV-to-FCF is -189.99. India Capital Growth Fund's overall GF Score™ is 38/100 with 2 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 India Capital Growth Fund (CHIX:IGCL), the current EV-to-FCF is -189.99 as of Jun. 29, 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 India Capital Growth Fund (CHIX:IGCL) Overvalued in 2026?
Based on GuruFocus' analysis, India Capital Growth Fund stock appears to be overvalued.
The current stock price of £1.69 is trading 39.7% above its estimated GF Value™ of £1.21.
GuruFocus considers India Capital Growth Fund to be Significantly Overvalued.
Key valuation signals for CHIX:IGCL:
EV-to-FCF: -189.99
GF Value™: £1.21 vs. price of £1.69 (39.7% above fair value)
No single metric tells the full story. See the CHIX:IGCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
India Capital Growth Fund Ltd is a closed-ended investment company. The company's investment objective is to provide long-term capital appreciation by investing in companies based in India. Its investment policy permits the company to make investments in a range of Indian equity and equity-linked securities, and predominantly in listed mid and small-cap Indian companies, with a smaller proportion in unlisted Indian companies. Investment may also be made in large-cap listed Indian companies and in companies incorporated outside India that have key operations or markets in India. The company's activities are focused on two areas, namely Mauritius and India.
38GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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