Theon InternationalCHIX:THEONA 46 EV-to-FCF is 86.49 as of Jul. 11, 2026, which is 317% above its 10-year median of 20.76. GuruFocus rates CHIX:THEONA with a GF Score™ of 46/100. The stock has 4 warning signs investors should review. Among 180 Aerospace & Defense companies, Theon International ranks worse than 77.22% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Theon International's Enterprise Value is €2,321.6 Mil.
Theon International's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €26.8 Mil. Therefore, Theon International's EV-to-FCF for today is 86.49.
The historical rank and industry rank for Theon International's EV-to-FCF or its related term are showing as below:
CHIX:THEONa'
s EV-to-FCF Range Over the Past 10 Years
Min: -65.35 Med: 20.76 Max: 87.18
Current: 87.18
During the past 6 years, the highest EV-to-FCF of Theon International was 87.18. The lowest was -65.35. And the median was 20.76.
CHIX:THEONa's EV-to-FCF is ranked worse than 77.22% of 180
companies
in the Aerospace & Defense industry
Industry Median: 35.65
vs CHIX:THEONa: 87.18
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.
Theon International (CHIX:THEONa) 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.
Theon International's PE Ratio (TTM) for today is calculated as:
Theon International's share price for today is €31.17.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Theon International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.160.
* 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.
Theon International EV-to-FCF Related Terms
Theon International EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Theon International'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.
CHIX:THEONA vs SPCX, GE, RTX: EV-to-FCF Comparison
For the Aerospace & Defense subindustry, Theon International'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.
Theon International EV-to-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Theon International's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Theon International's EV-to-FCF falls into.
Theon International's current Enterprise Value is €2,321.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Theon International's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €26.8 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.
Theon International (CHIX:THEONA) has a EV-to-FCF of 86.49 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Theon International and its competitors. This is 317% above median its historical median of 20.76. According to the industry distribution chart, Theon International ranks #139 out of 180 companies in the Aerospace & Defense industry, placing it in the top 77.2%.
Is Theon International's EV-to-FCF too high?
Theon International's current EV-to-FCF of 86.49 is 317% above median its 10-year median of 20.76. The Aerospace & Defense industry median EV-to-FCF is 35.65. Theon International's value of 86.49 is 142.6% above this industry median. Based on the distribution chart, Theon International ranks #139 out of 180 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Theon International has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Theon International's EV-to-FCF compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Theon International ranks #139 out of 180 companies for EV-to-FCF. This places Theon International in the lower half of its industry. The industry median EV-to-FCF is 35.65. Theon International's value of 86.49 is 142.6% above this benchmark. While the company's 10-year median is 20.76 vs. the industry median of 35.65, Theon International 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 an Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 35.65, based on 180 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. Theon International's current EV-to-FCF of 86.49 is 142.6% 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 Theon International and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 35.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Theon International's current EV-to-FCF is 86.49, which is 317% above median its own 10-year median of 20.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Theon International stock overvalued right now?
Theon International (CHIX:THEONA) has a current EV-to-FCF of 86.49. The current EV-to-FCF is 86.49, which is 317% above median its 10-year median of 20.76 and 142.6% above the Aerospace & Defense industry median of 35.65. Theon International's overall GF Score™ is 46/100 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 Theon International (CHIX:THEONA), the current EV-to-FCF is 86.49 as of Jul. 11, 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.
Theon International PLC is a defense and security technology company specializing in electro-optical systems and integrated solutions for military and security applications. It develops and manufactures night vision and thermal imaging systems used by defense and security organizations. The company operates internationally through subsidiaries and production facilities across multiple regions. Its products are used by armed forces and security agencies in various countries. In addition to electro-optical systems, it develops integrated soldier systems, ISR optronics, and platform solutions for land and maritime environments.
46GF Score
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