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Antero ResourcesFRA:7A6 -0.03%74 EV-to-FCF is 9.80 as of Jul. 26, 2026, which is 8% below its 10-year median of 10.69. GuruFocus rates FRA:7A6 with a GF Score™ of 74/100 and a GF Value™ of €37.19 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 582 Oil & Gas companies, Antero Resources ranks better than 68.9% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Antero Resources's Enterprise Value is €13,925 Mil.
Antero Resources's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €1,421 Mil. Therefore, Antero Resources's EV-to-FCF for today is 9.80.
The historical rank and industry rank for Antero Resources's EV-to-FCF or its related term are showing as below:
FRA:7A6'
s EV-to-FCF Range Over the Past 10 Years
Min: -67.97 Med: 10.69 Max: 3991.65
Current: 9.62
During the past 13 years, the highest EV-to-FCF of Antero Resources was 3991.65. The lowest was -67.97. And the median was 10.69.
FRA:7A6's EV-to-FCF is ranked better than 68.9% of 582
companies
in the Oil & Gas industry
Industry Median: 15.935
vs FRA:7A6: 9.62
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.
Antero Resources's PE Ratio (TTM) for today is calculated as:
Antero Resources's share price for today is €30.21.
Antero Resources'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 €2.654.
* 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.
Antero Resources EV-to-FCF Related Terms
Antero Resources EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Antero Resources'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 Oil & Gas E&P subindustry, Antero Resources'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.
Antero Resources EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Antero Resources's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Antero Resources's EV-to-FCF falls into.
Antero Resources's current Enterprise Value is €13,925 Mil.
Antero Resources'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 €1,421 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.
Antero Resources (FRA:7A6) has a EV-to-FCF of 9.80 as of Jul. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Antero Resources and its competitors. This is near median its historical median of 10.69. According to the industry distribution chart, Antero Resources ranks #181 out of 582 companies in the Oil & Gas industry, placing it in the top 31.1%.
Is Antero Resources' EV-to-FCF too high?
Antero Resources' current EV-to-FCF of 9.80 is near median its 10-year median of 10.69. The Oil & Gas industry median EV-to-FCF is 15.94. Antero Resources' value of 9.80 is 38.5% below this industry median. Based on the distribution chart, Antero Resources ranks #181 out of 582 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Antero Resources has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Antero Resources' EV-to-FCF compare to APA and RRC?
According to the Oil & Gas industry distribution chart, Antero Resources ranks #181 out of 582 companies for EV-to-FCF. This puts Antero Resources in the upper half of its industry. The industry median EV-to-FCF is 15.94. Antero Resources' value of 9.80 is 38.5% below this benchmark. While the company's 10-year median is 10.69 vs. the industry median of 15.94, Antero Resources has consistently been below 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 an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.94, based on 582 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. Antero Resources's current EV-to-FCF of 9.80 is 38.5% below 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 Antero Resources and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antero Resources's current EV-to-FCF is 9.80, which is near median its own 10-year median of 10.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antero Resources stock overvalued right now?
Based on GuruFocus' analysis, Antero Resources (FRA:7A6) is currently considered Modestly Undervalued. The stock's GF Value™ is €37.19, compared to a current price of €30.21 — trading 18.8% below its estimated fair value. The current EV-to-FCF is 9.80, which is near median its 10-year median of 10.69 and 38.5% below the Oil & Gas industry median of 15.94. Antero Resources' overall GF Score™ is 74/100 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 Antero Resources (FRA:7A6), the current EV-to-FCF is 9.80 as of Jul. 26, 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 Antero Resources (FRA:7A6) Overvalued in 2026?
Based on GuruFocus' analysis, Antero Resources stock appears to be undervalued.
The current stock price of €30.21 is trading 18.8% below its estimated GF Value™ of €37.19.
GuruFocus considers Antero Resources to be Modestly Undervalued.
Key valuation signals for FRA:7A6:
EV-to-FCF: 9.80 (near median its 10-year median of 10.69)
GF Value™: €37.19 vs. price of €30.21 (18.8% below fair value)
Industry Position: 38.5% below the Oil & Gas median (#181 of 582)
No single metric tells the full story. See the FRA:7A6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Antero Resources is an exploration and production firm whose operations represent a pure play in the Marcellus Shale, located in northern West Virginia. The company started in 2002 as an E&P focused on the Barnett Shale (Fort Worth, Texas). Antero redefined itself in Appalachia's Marcellus Shale in 2005. In 2012, shortly before Antero's 2013 IPO, Antero Midstream Partners was formed to handle the company's rapidly growing gas volumes. In 2026, the firm narrowed its focus further by selling its Ohio Utica assets and using the proceeds to acquire additional Marcellus acreage from HG Energy. Just over half of its production and earning power is tied to natural gas, with the remainder mostly NGLs, where it holds a leading position, and some crude oil.
74GF Score
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