FLNC (Fluence Energy) EV-to-FCF: -9.84 (As of Jun. 28, 2026)


FLNC Fluence Energy Inc FLNC
75 GF Score
Price $19.23
GF Value $22.57
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fluence Energy EV-to-FCF?

Fluence Energy FLNC -0.67% 75 EV-to-FCF is -9.84 as of Jun. 28, 2026. GuruFocus rates FLNC with a GF Score™ of 75/100 and a GF Value™ of $22.57 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 232 Utilities - Independent Power Producers companies, Fluence Energy ranks worse than 431034.05% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fluence Energy's Enterprise Value is $2,648 Mil. Fluence Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-269 Mil. Therefore, Fluence Energy's EV-to-FCF for today is -9.84.

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

FLNC' s EV-to-FCF Range Over the Past 10 Years
Min: -160.96   Med: -5.78   Max: 44.41
Current: -9.84

During the past 7 years, the highest EV-to-FCF of Fluence Energy was 44.41. The lowest was -160.96. And the median was -5.78.

FLNC's EV-to-FCF is ranked worse than
100% of 232 companies
in the Utilities - Independent Power Producers industry
Industry Median: 16.185 vs FLNC: -9.84

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 (2026-06-28), Fluence Energy's stock price is $19.23. Fluence Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.360. Therefore, Fluence Energy's PE Ratio (TTM) for today is At Loss.


Fluence Energy  (NAS:FLNC) 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.

Fluence Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=19.23/-0.360
=At Loss

Fluence Energy's share price for today is $19.23.
Fluence Energy'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 $-0.360.

* 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.


Fluence Energy EV-to-FCF Related Terms


Fluence Energy EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Fluence Energy'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.

Fluence Energy EV-to-FCF Chart

Fluence Energy Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial 0.00 -4.83 -20.88 43.75 -7.05

Fluence Energy 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 -1.93 -2.22 -7.05 -13.61 -7.14

FLNC vs RNW, XIFR, NRGV: EV-to-FCF Comparison

For the Utilities - Renewable subindustry, Fluence Energy'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.


Fluence Energy EV-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fluence Energy's EV-to-FCF distribution charts can be found below:

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


FLNC
75GF Score
Fluence Energy Inc FLNC
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fluence Energy EV-to-FCF Calculation

Fluence Energy's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2648.437/-269.172
=-9.84

Fluence Energy's current Enterprise Value is $2,648 Mil.
Fluence Energy'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 $-269 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 -9.84 mean?
Fluence Energy (FLNC) has a EV-to-FCF of -9.84 as of Jun. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fluence Energy and its competitors. According to the industry distribution chart, Fluence Energy ranks #999999 out of 232 companies in the Utilities - Independent Power Producers industry.
Is Fluence Energy's EV-to-FCF too high?
Fluence Energy's current EV-to-FCF is -9.84. Based on the distribution chart, Fluence Energy ranks #999999 out of 232 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Fluence Energy has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fluence Energy's EV-to-FCF compare to RNW and XIFR?
According to the Utilities - Independent Power Producers industry distribution chart, Fluence Energy ranks #999999 out of 232 companies for EV-to-FCF. This places Fluence Energy in the lower half of its industry. The industry median EV-to-FCF is 16.19. 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 Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 16.19, based on 232 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 Fluence Energy and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 16.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluence Energy's current EV-to-FCF is -9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluence Energy stock overvalued right now?
Based on GuruFocus' analysis, Fluence Energy (FLNC) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.57, compared to a current price of $19.23 — trading 14.8% below its estimated fair value. The current EV-to-FCF is -9.84. Fluence Energy's overall GF Score™ is 75/100 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 Fluence Energy (FLNC), the current EV-to-FCF is -9.84 as of Jun. 28, 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 Fluence Energy (FLNC) Overvalued in 2026?

Based on GuruFocus' analysis, Fluence Energy stock appears to be undervalued. The current stock price of $19.23 is trading 14.8% below its estimated GF Value™ of $22.57. GuruFocus considers Fluence Energy to be Modestly Undervalued.

Key valuation signals for FLNC:

  • EV-to-FCF: -9.84
  • GF Value™: $22.57 vs. price of $19.23 (14.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Fluence Energy Business Description

Address 4601 Fairfax Drive, Suite 600, Arlington, VA, USA, 22203
Fluence Energy Inc provides intelligent energy storage and optimization software for renewables and storage. Its energy storage solutions and operational services support a more resilient grid and help unlock the potential of renewable portfolios. The company's offerings include energy storage solutions, recurring operational and maintenance services, and Software-as-a-Service (SaaS) products designed to meet customer business needs, performance requirements, in-house capabilities, and risk profiles. Its service plans offer varying levels of training, maintenance, guarantees, warranties, and support for active system management. The company operates in the Americas, APAC and EMEA, with the majority of revenue coming from the Americas.
75GF Score

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

$19.23
Price
$22.57
GF Value