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ExpensifyEXFY 62 EV-to-FCF is 14.04 as of Jul. 21, 2026, which is 124% above its 10-year median of 6.26. GuruFocus rates EXFY with a GF Score™ of 62/100 and a GF Value™ of $1.82 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,599 Software companies, Expensify ranks better than 51.72% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Expensify's Enterprise Value is $110.7 Mil.
Expensify's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $7.9 Mil. Therefore, Expensify's EV-to-FCF for today is 14.04.
The historical rank and industry rank for Expensify's EV-to-FCF or its related term are showing as below:
EXFY'
s EV-to-FCF Range Over the Past 10 Years
Min: -3023.36 Med: 6.26 Max: 500.81
Current: 14.04
During the past 7 years, the highest EV-to-FCF of Expensify was 500.81. The lowest was -3023.36. And the median was 6.26.
EXFY's EV-to-FCF is ranked better than 51.72% of 1599
companies
in the Software industry
Industry Median: 14.62
vs EXFY: 14.04
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.
Expensify's share price for today is $1.78.
Expensify'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 $-0.230.
* 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.
Expensify EV-to-FCF Related Terms
Expensify EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Expensify'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 Software - Application subindustry, Expensify'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.
Expensify EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Expensify's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Expensify's EV-to-FCF falls into.
Expensify's current Enterprise Value is $110.7 Mil.
Expensify'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 $7.9 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.
Expensify (EXFY) has a EV-to-FCF of 14.04 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Expensify and its competitors. This is 124% above median its historical median of 6.26. According to the industry distribution chart, Expensify ranks #772 out of 1599 companies in the Software industry, placing it in the top 48.3%.
Is Expensify's EV-to-FCF too high?
Expensify's current EV-to-FCF of 14.04 is 124% above median its 10-year median of 6.26. The Software industry median EV-to-FCF is 14.62. Expensify's value of 14.04 is 4% below this industry median. Based on the distribution chart, Expensify ranks #772 out of 1599 companies in the Software industry, which is above the industry midpoint. Overall, Expensify has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Expensify's EV-to-FCF compare to RTB and DHX?
According to the Software industry distribution chart, Expensify ranks #772 out of 1599 companies for EV-to-FCF. This puts Expensify in the upper half of its industry. The industry median EV-to-FCF is 14.62. Expensify's value of 14.04 is 4% below this benchmark. While the company's 10-year median is 6.26 vs. the industry median of 14.62, Expensify has consistently been below 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 Software company?
The median EV-to-FCF among Software companies is 14.62, based on 1,599 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. Expensify's current EV-to-FCF of 14.04 is 4% below 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 Expensify and its competitors. For the Software industry, the median EV-to-FCF is 14.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Expensify's current EV-to-FCF is 14.04, which is 124% above median its own 10-year median of 6.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Expensify stock overvalued right now?
Based on GuruFocus' analysis, Expensify (EXFY) is currently considered Fairly Valued. The stock's GF Value™ is $1.82, compared to a current price of $1.78 — trading 2.2% below its estimated fair value. The current EV-to-FCF is 14.04, which is 124% above median its 10-year median of 6.26 and 4% below the Software industry median of 14.62. Expensify's overall GF Score™ is 62/100 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 Expensify (EXFY), the current EV-to-FCF is 14.04 as of Jul. 21, 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 Expensify (EXFY) Overvalued in 2026?
Based on GuruFocus' analysis, Expensify stock appears to be undervalued.
The current stock price of $1.78 is trading 2.2% below its estimated GF Value™ of $1.82.
GuruFocus considers Expensify to be Fairly Valued.
Key valuation signals for EXFY:
EV-to-FCF: 14.04 (124% above median its 10-year median of 6.26)
GF Value™: $1.82 vs. price of $1.78 (2.2% below fair value)
Industry Position: 4% below the Software median (#772 of 1599)
No single metric tells the full story. See the EXFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Expensify Inc is a cloud-based expense management software platform that helps various businesses simplify the way to manage money. It is used to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. People use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay and travel booking in one app. Small and medium-sized businesses (SMBs) are the cornerstone of the global economy, making up almost all businesses and the majority of employment in Organization for Economic Co-operation and Development (OECD) member countries.
62GF 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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