Aecon GroupFRA:2AE +2.77%70 EV-to-FCF is 15.79 as of Jun. 30, 2026, which is 350% above its 10-year median of 3.51. GuruFocus rates FRA:2AE with a GF Score™ of 70/100 and a GF Value™ of €15.86 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,103 Construction companies, Aecon Group ranks worse than 55.76% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Aecon Group's Enterprise Value is €1,863 Mil.
Aecon Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €118 Mil. Therefore, Aecon Group's EV-to-FCF for today is 15.79.
The historical rank and industry rank for Aecon Group's EV-to-FCF or its related term are showing as below:
FRA:2AE'
s EV-to-FCF Range Over the Past 10 Years
Min: -291.55 Med: 3.51 Max: 835.17
Current: 15.75
During the past 13 years, the highest EV-to-FCF of Aecon Group was 835.17. The lowest was -291.55. And the median was 3.51.
FRA:2AE's EV-to-FCF is ranked worse than 55.76% of 1103
companies
in the Construction industry
Industry Median: 13.22
vs FRA:2AE: 15.75
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.
Aecon Group's PE Ratio (TTM) for today is calculated as:
Aecon Group's share price for today is €27.42.
Aecon Group'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 €0.315.
* 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.
Aecon Group EV-to-FCF Related Terms
Aecon Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Aecon Group'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 Engineering & Construction subindustry, Aecon Group'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.
Aecon Group EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, Aecon Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Aecon Group's EV-to-FCF falls into.
Aecon Group's current Enterprise Value is €1,863 Mil.
Aecon Group'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 €118 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.
Aecon Group (FRA:2AE) has a EV-to-FCF of 15.79 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Aecon Group and its competitors. This is 350% above median its historical median of 3.51. According to the industry distribution chart, Aecon Group ranks #615 out of 1103 companies in the Construction industry, placing it in the top 55.8%.
Is Aecon Group's EV-to-FCF too high?
Aecon Group's current EV-to-FCF of 15.79 is 350% above median its 10-year median of 3.51. The Construction industry median EV-to-FCF is 13.22. Aecon Group's value of 15.79 is 19.4% above this industry median. Based on the distribution chart, Aecon Group ranks #615 out of 1103 companies in the Construction industry, which is below the industry midpoint. Overall, Aecon Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aecon Group's EV-to-FCF compare to PWR and FIX?
According to the Construction industry distribution chart, Aecon Group ranks #615 out of 1103 companies for EV-to-FCF. This places Aecon Group in the lower half of its industry. The industry median EV-to-FCF is 13.22. Aecon Group's value of 15.79 is 19.4% above this benchmark. While the company's 10-year median is 3.51 vs. the industry median of 13.22, Aecon Group 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 Construction company?
The median EV-to-FCF among Construction companies is 13.22, based on 1,103 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. Aecon Group's current EV-to-FCF of 15.79 is 19.4% 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 Aecon Group and its competitors. For the Construction industry, the median EV-to-FCF is 13.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aecon Group's current EV-to-FCF is 15.79, which is 350% above median its own 10-year median of 3.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aecon Group stock overvalued right now?
Based on GuruFocus' analysis, Aecon Group (FRA:2AE) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.86, compared to a current price of €27.42 — trading 72.9% above its estimated fair value. The current EV-to-FCF is 15.79, which is 350% above median its 10-year median of 3.51 and 19.4% above the Construction industry median of 13.22. Aecon Group's overall GF Score™ is 70/100 with 5 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 Aecon Group (FRA:2AE), the current EV-to-FCF is 15.79 as of Jun. 30, 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 Aecon Group (FRA:2AE) Overvalued in 2026?
Based on GuruFocus' analysis, Aecon Group stock appears to be overvalued.
The current stock price of €27.42 is trading 72.9% above its estimated GF Value™ of €15.86.
GuruFocus considers Aecon Group to be Significantly Overvalued.
Key valuation signals for FRA:2AE:
EV-to-FCF: 15.79 (350% above median its 10-year median of 3.51)
GF Value™: €15.86 vs. price of €27.42 (72.9% above fair value)
Industry Position: 19.4% above the Construction median (#615 of 1103)
No single metric tells the full story. See the FRA:2AE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aecon Group Inc is a Canada-based company that operates in two segments: Construction and Concessions. The Construction segment includes various aspects of the construction of public and private infrastructure projects. Its concessions segment is engaged in the development, financing, construction, and operation of construction projects. The company generates the maximum revenue from the Construction segment.
70GF Score
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