Forum Engineering (FRA:4I5) EV-to-FCF: (As of Jul. 18, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:4I5 Forum Engineering Inc FRA:4I5
76 GF Score
Price €9.15
GF Value €5.54
! 6 Warning Signs
View Full Analysis

What is Forum Engineering EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Forum Engineering's Enterprise Value is €427.1 Mil. Forum Engineering's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was €0.0 Mil. Therefore, Forum Engineering's EV-to-FCF for today is .

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

FRA:4I5' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 21.53
Current: 21.53

During the past 8 years, the highest EV-to-FCF of Forum Engineering was 21.53. The lowest was 0.00. And the median was 0.00.

FRA:4I5's EV-to-FCF is ranked worse than
70.06% of 718 companies
in the Business Services industry
Industry Median: 12.615 vs FRA:4I5: 21.53

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 (2026-07-18), Forum Engineering's stock price is €9.15. Forum Engineering's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.263. Therefore, Forum Engineering's PE Ratio (TTM) for today is 34.79.


Forum Engineering  (FRA:4I5) 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.

Forum Engineering's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.15/0.263
=34.79

Forum Engineering's share price for today is €9.15.
Forum Engineering's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.263.

* 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.


Forum Engineering EV-to-FCF Related Terms


Forum Engineering EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Forum Engineering'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.

Forum Engineering EV-to-FCF Chart

Forum Engineering Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-FCF
Get a 7-Day Free Trial 8.16 14.60 12.96 12.63 11.37

Forum Engineering Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25
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 0.00 11.37 0.00 0.00 0.00

FRA:4I5 vs KFY, RHI, TNET: EV-to-FCF Comparison

For the Staffing & Employment Services subindustry, Forum Engineering'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.


Forum Engineering EV-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Forum Engineering's EV-to-FCF distribution charts can be found below:

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


FRA:4I5
76GF Score
Forum Engineering Inc FRA:4I5
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forum Engineering EV-to-FCF Calculation

Forum Engineering's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=427.096/0
=

Forum Engineering's current Enterprise Value is €427.1 Mil.
Forum Engineering's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 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.

Is Forum Engineering (FRA:4I5) Overvalued in 2026?

Based on GuruFocus' analysis, Forum Engineering stock appears to be overvalued. The current stock price of €9.15 is trading 65.2% above its estimated GF Value™ of €5.54.

Key valuation signals for FRA:4I5:

  • EV-to-FCF:
  • GF Value™: €5.54 vs. price of €9.15 (65.2% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the FRA:4I5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forum Engineering Business Description

Address 4-3-1 Toranomon Minato-ku, Shiroyama Trust Tower 24th Floor, Tokyo, JPN, 105-6024
Forum Engineering Inc is a provider of human resources. The company's business includes worker dispatch business and paid job placement services. Its services include Cognavi dispatch, Cognavi career change, Cognavi graduate, Cognavi talent management, and Cognavi college.
76GF Score

Get the complete analysis for FRA:4I5

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

€9.15
Price
€5.54
GF Value