Zalaris ASA (CHIX:ZALO) EV-to-FCF: 17.48 (As of Jul. 03, 2026) — Near Median


CHIX:ZALO Zalaris ASA CHIX:ZALO
88 GF Score
Price kr51.60
GF Value kr47.22
! 6 Warning Signs
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What is Zalaris ASA EV-to-FCF?

Zalaris ASA CHIX:ZALO 88 EV-to-FCF is 17.48 as of Jul. 03, 2026, which is 4% below its 10-year median of 18.28. GuruFocus rates CHIX:ZALO with a GF Score™ of 88/100 and a GF Value™ of kr47.22. The stock has 6 warning signs investors should review. Among 722 Business Services companies, Zalaris ASA ranks worse than 64.4% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zalaris ASA's Enterprise Value is kr2,419 Mil. Zalaris ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr138 Mil. Therefore, Zalaris ASA's EV-to-FCF for today is 17.48.

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

CHIX:ZALo' s EV-to-FCF Range Over the Past 10 Years
Min: -1065.75   Med: 18.28   Max: 404.36
Current: 17.57

During the past 13 years, the highest EV-to-FCF of Zalaris ASA was 404.36. The lowest was -1065.75. And the median was 18.28.

CHIX:ZALo's EV-to-FCF is ranked worse than
64.4% of 722 companies
in the Business Services industry
Industry Median: 12.275 vs CHIX:ZALo: 17.57

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 (2026-07-03), Zalaris ASA's stock price is kr51.60. Zalaris ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr2.330. Therefore, Zalaris ASA's PE Ratio (TTM) for today is 22.15.


Zalaris ASA  (CHIX:ZALo) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=51.60/2.330
=22.15

Zalaris ASA's share price for today is kr51.60.
Zalaris ASA'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 kr2.330.

* 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.


Zalaris ASA EV-to-FCF Related Terms


Zalaris ASA EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Zalaris ASA'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.

Zalaris ASA EV-to-FCF Chart

Zalaris ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.82 -35.42 55.61 18.90 15.93

Zalaris ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 18.99 12.44 16.18 15.93 17.25

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

For the Staffing & Employment Services subindustry, Zalaris ASA'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.


Zalaris ASA EV-to-FCF vs Business Services Industry

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

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


CHIX:ZALO
88GF Score
Zalaris ASA CHIX:ZALO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalaris ASA EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2418.766/138.412
=17.48

Zalaris ASA's current Enterprise Value is kr2,419 Mil.
Zalaris ASA'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 kr138 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 17.48 mean?
Zalaris ASA (CHIX:ZALO) has a EV-to-FCF of 17.48 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zalaris ASA and its competitors. This is near median its historical median of 18.28. According to the industry distribution chart, Zalaris ASA ranks #465 out of 722 companies in the Business Services industry, placing it in the top 64.4%.
Is Zalaris ASA's EV-to-FCF too high?
Zalaris ASA's current EV-to-FCF of 17.48 is near median its 10-year median of 18.28. The Business Services industry median EV-to-FCF is 12.28. Zalaris ASA's value of 17.48 is 42.4% above this industry median. Based on the distribution chart, Zalaris ASA ranks #465 out of 722 companies in the Business Services industry, which is below the industry midpoint. Overall, Zalaris ASA has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's EV-to-FCF compare to KFY and RHI?
According to the Business Services industry distribution chart, Zalaris ASA ranks #465 out of 722 companies for EV-to-FCF. This places Zalaris ASA in the lower half of its industry. The industry median EV-to-FCF is 12.28. Zalaris ASA's value of 17.48 is 42.4% above this benchmark. While the company's 10-year median is 18.28 vs. the industry median of 12.28, Zalaris ASA 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 12.28, based on 722 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. Zalaris ASA's current EV-to-FCF of 17.48 is 42.4% 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 Zalaris ASA and its competitors. For the Business Services industry, the median EV-to-FCF is 12.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalaris ASA's current EV-to-FCF is 17.48, which is near median its own 10-year median of 18.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Zalaris ASA (CHIX:ZALO) has a current EV-to-FCF of 17.48. The stock's GF Value™ is kr47.22, compared to a current price of kr51.60 — trading 9.3% above its estimated fair value. The current EV-to-FCF is 17.48, which is near median its 10-year median of 18.28 and 42.4% above the Business Services industry median of 12.28. Zalaris ASA's overall GF Score™ is 88/100 with 6 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 Zalaris ASA (CHIX:ZALO), the current EV-to-FCF is 17.48 as of Jul. 03, 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 Zalaris ASA (CHIX:ZALO) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of kr51.60 is trading 9.3% above its estimated GF Value™ of kr47.22.

Key valuation signals for CHIX:ZALO:

  • EV-to-FCF: 17.48 (near median its 10-year median of 18.28)
  • GF Value™: kr47.22 vs. price of kr51.60 (9.3% above fair value)
  • GF Score™: 88/100 with 6 warning signs
  • Industry Position: 42.4% above the Business Services median (#465 of 722)

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


Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
88GF Score

Get the complete analysis for CHIX:ZALO

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

kr51.60
Price
kr47.22
GF Value