Extreme NetworksEXTR -5.19%68 EV-to-FCF is 37.27 as of Jul. 03, 2026, which is 123% above its 10-year median of 16.69. GuruFocus rates EXTR with a GF Score™ of 68/100 and a GF Value™ of $18.32 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,327 Hardware companies, Extreme Networks ranks worse than 63.38% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Extreme Networks's Enterprise Value is $3,923 Mil.
Extreme Networks's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $105 Mil. Therefore, Extreme Networks's EV-to-FCF for today is 37.27.
The historical rank and industry rank for Extreme Networks's EV-to-FCF or its related term are showing as below:
EXTR'
s EV-to-FCF Range Over the Past 10 Years
Min: -145.17 Med: 16.69 Max: 57.05
Current: 37.27
During the past 13 years, the highest EV-to-FCF of Extreme Networks was 57.05. The lowest was -145.17. And the median was 16.69.
EXTR's EV-to-FCF is ranked worse than 63.38% of 1327
companies
in the Hardware industry
Industry Median: 23.98
vs EXTR: 37.27
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.
Extreme Networks's PE Ratio (TTM) for today is calculated as:
Extreme Networks's share price for today is $29.80.
Extreme Networks'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 $0.120.
* 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.
Extreme Networks EV-to-FCF Related Terms
Extreme Networks EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Extreme Networks'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 Communication Equipment subindustry, Extreme Networks'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.
Extreme Networks EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Extreme Networks's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Extreme Networks's EV-to-FCF falls into.
Extreme Networks's current Enterprise Value is $3,923 Mil.
Extreme Networks'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 $105 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.
Extreme Networks (EXTR) has a EV-to-FCF of 37.27 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Extreme Networks and its competitors. This is 123% above median its historical median of 16.69. According to the industry distribution chart, Extreme Networks ranks #841 out of 1327 companies in the Hardware industry, placing it in the top 63.4%.
Is Extreme Networks' EV-to-FCF too high?
Extreme Networks' current EV-to-FCF of 37.27 is 123% above median its 10-year median of 16.69. The Hardware industry median EV-to-FCF is 23.98. Extreme Networks' value of 37.27 is 55.4% above this industry median. Based on the distribution chart, Extreme Networks ranks #841 out of 1327 companies in the Hardware industry, which is below the industry midpoint. Overall, Extreme Networks has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Extreme Networks' EV-to-FCF compare to ONDS and BDC?
According to the Hardware industry distribution chart, Extreme Networks ranks #841 out of 1327 companies for EV-to-FCF. This places Extreme Networks in the lower half of its industry. The industry median EV-to-FCF is 23.98. Extreme Networks' value of 37.27 is 55.4% above this benchmark. While the company's 10-year median is 16.69 vs. the industry median of 23.98, Extreme Networks 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 Hardware company?
The median EV-to-FCF among Hardware companies is 23.98, based on 1,327 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. Extreme Networks's current EV-to-FCF of 37.27 is 55.4% 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 Extreme Networks and its competitors. For the Hardware industry, the median EV-to-FCF is 23.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Extreme Networks's current EV-to-FCF is 37.27, which is 123% above median its own 10-year median of 16.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Extreme Networks stock overvalued right now?
Based on GuruFocus' analysis, Extreme Networks (EXTR) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.32, compared to a current price of $29.80 — trading 62.7% above its estimated fair value. The current EV-to-FCF is 37.27, which is 123% above median its 10-year median of 16.69 and 55.4% above the Hardware industry median of 23.98. Extreme Networks' overall GF Score™ is 68/100 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 Extreme Networks (EXTR), the current EV-to-FCF is 37.27 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 Extreme Networks (EXTR) Overvalued in 2026?
Based on GuruFocus' analysis, Extreme Networks stock appears to be overvalued.
The current stock price of $29.80 is trading 62.7% above its estimated GF Value™ of $18.32.
GuruFocus considers Extreme Networks to be Significantly Overvalued.
Key valuation signals for EXTR:
EV-to-FCF: 37.27 (123% above median its 10-year median of 16.69)
GF Value™: $18.32 vs. price of $29.80 (62.7% above fair value)
Industry Position: 55.4% above the Hardware median (#841 of 1327)
No single metric tells the full story. See the EXTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Extreme Networks Inc provides AI-powered cloud networking, focused on delivering simple and secure solutions that help businesses address challenges and enable connections among devices, applications, and users. The group designs, develops, and manufactures wired, wireless, and software-defined wide area network (SD-WAN) infrastructure equipment. It has one reportable segment, the development, marketing, and sale of network infrastructure equipment and related software. The Company operates in three geographical areas: Americas, EMEA, and APAC.
68GF Score
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