FigmaFRA:1S2 +0.11%12 EV-to-FCF is 42.02 as of Jul. 07, 2026, which is 18% below its 10-year median of 50.94. GuruFocus rates FRA:1S2 with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 1,590 Software companies, Figma ranks worse than 81.01% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Figma's Enterprise Value is €8,377.4 Mil.
Figma's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €199.3 Mil. Therefore, Figma's EV-to-FCF for today is 42.02.
The historical rank and industry rank for Figma's EV-to-FCF or its related term are showing as below:
FRA:1S2'
s EV-to-FCF Range Over the Past 10 Years
Min: 32.61 Med: 50.94 Max: 203.88
Current: 41.22
During the past 3 years, the highest EV-to-FCF of Figma was 203.88. The lowest was 32.61. And the median was 50.94.
FRA:1S2's EV-to-FCF is ranked worse than 81.01% of 1590
companies
in the Software industry
Industry Median: 14.655
vs FRA:1S2: 41.22
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 (2026-07-07), Figma's stock price is €18.02.
Figma's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €-2.925. Therefore, Figma's PE Ratio (TTM) for today is At Loss.
Figma (FRA:1S2) 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.
Figma's share price for today is €18.02.
Figma'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 €-2.925.
* 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.
Figma EV-to-FCF Related Terms
Figma EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Figma'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, Figma'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.
Figma EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Figma's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Figma's EV-to-FCF falls into.
Figma's current Enterprise Value is €8,377.4 Mil.
Figma'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 €199.3 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.
Figma (FRA:1S2) has a EV-to-FCF of 42.02 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Figma and its competitors. This is 18% below median its historical median of 50.94. Over the past decade, Figma's EV-to-FCF has ranged from 32.61 to 203.88. According to the industry distribution chart, Figma ranks #1288 out of 1590 companies in the Software industry, placing it in the top 81%.
Is Figma's EV-to-FCF too high?
Figma's current EV-to-FCF of 42.02 is 18% below median its 10-year median of 50.94. Over the past 10 years, this metric has ranged from a low of 32.61 to a high of 203.88. The Software industry median EV-to-FCF is 14.66. Figma's value of 42.02 is 186.7% above this industry median. Based on the distribution chart, Figma ranks #1288 out of 1590 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Figma has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Figma's EV-to-FCF compare to GWRE and HUBS?
According to the Software industry distribution chart, Figma ranks #1288 out of 1590 companies for EV-to-FCF. This places Figma in the lower half of its industry. The industry median EV-to-FCF is 14.66. Figma's value of 42.02 is 186.7% above this benchmark. Historically, Figma's own EV-to-FCF has ranged from 32.61 to 203.88 over the past decade. While the company's 10-year median is 50.94 vs. the industry median of 14.66, Figma 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 Software company?
The median EV-to-FCF among Software companies is 14.66, based on 1,590 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. Figma's current EV-to-FCF of 42.02 is 186.7% 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 Figma and its competitors. For the Software industry, the median EV-to-FCF is 14.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Figma's current EV-to-FCF is 42.02, which is 18% below median its own 10-year median of 50.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Figma stock overvalued right now?
Figma (FRA:1S2) has a current EV-to-FCF of 42.02. The current EV-to-FCF is 42.02, which is 18% below median its 10-year median of 50.94 and 186.7% above the Software industry median of 14.66. Figma's overall GF Score™ is 12/100 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 Figma (FRA:1S2), the current EV-to-FCF is 42.02 as of Jul. 07, 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.
Figma Inc is engaged in transforming ideas into digital products and experiences. The group focuses on the entire software creation lifecycle, enabling it to quickly launch new products on Figma's browser-based platform and reinforcing its belief that design extends well beyond a single step or role. The company adopts an expansive view, as design is more than how something looks, feels, or works. It derives its revenue from sales of subscriptions for access to its platform.
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