EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Change Financial's Enterprise Value is $33.97 Mil.
Change Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.49 Mil. Therefore, Change Financial's EV-to-FCF for today is -69.47.
The historical rank and industry rank for Change Financial's EV-to-FCF or its related term are showing as below:
CNGFF'
s EV-to-FCF Range Over the Past 10 Years
Min: -4223.74 Med: -5.13 Max: -0.02
Current: -71.79
During the past 10 years, the highest EV-to-FCF of Change Financial was -0.02. The lowest was -4223.74. And the median was -5.13.
CNGFF's EV-to-FCF is ranked worse than 100% of 1588
companies
in the Software industry
Industry Median: 14.105
vs CNGFF: -71.79
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.
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.
Change Financial's PE Ratio (TTM) for today is calculated as:
Change Financial's share price for today is $0.04685.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Change Financial's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.001.
* 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.
Change Financial EV-to-FCF Related Terms
Change Financial EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Change Financial'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 Information Technology Services subindustry, Change Financial'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.
Change Financial EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Change Financial's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Change Financial's EV-to-FCF falls into.
Change Financial's current Enterprise Value is $33.97 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Change Financial's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.49 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.
Change Financial (CNGFF) has a EV-to-FCF of -69.47 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Change Financial and its competitors. According to the industry distribution chart, Change Financial ranks #999999 out of 1588 companies in the Software industry.
Is Change Financial's EV-to-FCF too high?
Change Financial's current EV-to-FCF is -69.47. Based on the distribution chart, Change Financial ranks #999999 out of 1588 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Change Financial has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Change Financial's EV-to-FCF compare to IBM and ACN?
According to the Software industry distribution chart, Change Financial ranks #999999 out of 1588 companies for EV-to-FCF. This places Change Financial in the lower half of its industry. The industry median EV-to-FCF is 14.11. 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 Software company?
The median EV-to-FCF among Software companies is 14.11, based on 1,588 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 Change Financial and its competitors. For the Software industry, the median EV-to-FCF is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Change Financial's current EV-to-FCF is -69.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Change Financial stock overvalued right now?
Change Financial (CNGFF) has a current EV-to-FCF of -69.47. The stock's GF Value™ is $0.05, compared to a current price of $0.05 — trading 6.3% below its estimated fair value. The current EV-to-FCF is -69.47. Change Financial's overall GF Score™ is 35/100 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 Change Financial (CNGFF), the current EV-to-FCF is -69.47 as of Jul. 01, 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 Change Financial (CNGFF) Overvalued in 2026?
Based on GuruFocus' analysis, Change Financial stock appears to be undervalued.
The current stock price of $0.05 is trading 6.3% below its estimated GF Value™ of $0.05.
Key valuation signals for CNGFF:
EV-to-FCF: -69.47
GF Value™: $0.05 vs. price of $0.05 (6.3% below fair value)
No single metric tells the full story. See the CNGFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment, that is the development and provision of card payment software and services. The company serves business and financial institutions.
35GF Score
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