EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Q2 Holdings's Enterprise Value is €2,862.4 Mil.
Q2 Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €154.5 Mil. Therefore, Q2 Holdings's EV-to-FCF for today is 18.53.
The historical rank and industry rank for Q2 Holdings's EV-to-FCF or its related term are showing as below:
FRA:0Q2'
s EV-to-FCF Range Over the Past 10 Years
Min: -650.55 Med: -58.25 Max: 9929.32
Current: 18.13
During the past 13 years, the highest EV-to-FCF of Q2 Holdings was 9929.32. The lowest was -650.55. And the median was -58.25.
FRA:0Q2's EV-to-FCF is ranked worse than 58.67% of 1592
companies
in the Software industry
Industry Median: 14.62
vs FRA:0Q2: 18.13
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.
Q2 Holdings's PE Ratio (TTM) for today is calculated as:
Q2 Holdings's share price for today is €44.89.
Q2 Holdings'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 €0.963.
* 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.
Q2 Holdings EV-to-FCF Related Terms
Q2 Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Q2 Holdings'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, Q2 Holdings'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.
Q2 Holdings EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Q2 Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Q2 Holdings's EV-to-FCF falls into.
Q2 Holdings's current Enterprise Value is €2,862.4 Mil.
Q2 Holdings'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 €154.5 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.
Q2 Holdings (FRA:0Q2) has a EV-to-FCF of 18.53 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Q2 Holdings and its competitors. According to the industry distribution chart, Q2 Holdings ranks #934 out of 1592 companies in the Software industry, placing it in the top 58.7%.
Is Q2 Holdings' EV-to-FCF too high?
Q2 Holdings' current EV-to-FCF is 18.53. The Software industry median EV-to-FCF is 14.62. Q2 Holdings' value of 18.53 is 26.7% above this industry median. Based on the distribution chart, Q2 Holdings ranks #934 out of 1592 companies in the Software industry, which is below the industry midpoint. Overall, Q2 Holdings has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Q2 Holdings' EV-to-FCF compare to DBD and CCC?
According to the Software industry distribution chart, Q2 Holdings ranks #934 out of 1592 companies for EV-to-FCF. This places Q2 Holdings in the lower half of its industry. The industry median EV-to-FCF is 14.62. Q2 Holdings' value of 18.53 is 26.7% above this benchmark. 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 1,592 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. Q2 Holdings's current EV-to-FCF of 18.53 is 26.7% 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 Q2 Holdings 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. Q2 Holdings's current EV-to-FCF is 18.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Q2 Holdings stock overvalued right now?
Based on GuruFocus' analysis, Q2 Holdings (FRA:0Q2) is currently considered Modestly Undervalued. The stock's GF Value™ is €60.74, compared to a current price of €44.89 — trading 26.1% below its estimated fair value. The current EV-to-FCF is 18.53 and 26.7% above the Software industry median of 14.62. Q2 Holdings' 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 Q2 Holdings (FRA:0Q2), the current EV-to-FCF is 18.53 as of Jul. 05, 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 Q2 Holdings (FRA:0Q2) Overvalued in 2026?
Based on GuruFocus' analysis, Q2 Holdings stock appears to be undervalued.
The current stock price of €44.89 is trading 26.1% below its estimated GF Value™ of €60.74.
GuruFocus considers Q2 Holdings to be Modestly Undervalued.
Key valuation signals for FRA:0Q2:
EV-to-FCF: 18.53
GF Value™: €60.74 vs. price of €44.89 (26.1% below fair value)
Industry Position: 26.7% above the Software median (#934 of 1592)
No single metric tells the full story. See the FRA:0Q2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Q2 Holdings Inc provides digital solutions to financial institutions, financial technology companies, and alternative finance companies, seeking to incorporate banking into their customer engagement and servicing strategies. The company helps its clients with supervisory, consumer protection, privacy, third-party risk management requirements, and cyber threats and fraud, among other applications, by offering a portfolio of digital solutions, which comprises its digital banking offerings, digital lending and relationship pricing solutions, risk and fraud solutions, as well as Q2 Innovation Studio and Helix. Q2 derives the majority of its revenue from subscription fees for the use of its hosted solutions.
62GF Score
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