Thor Medical ASAFRA:8NN -0.52%25 EV-to-FCF is -13.10 as of Jul. 09, 2026. GuruFocus rates FRA:8NN with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 330 Biotechnology companies, Thor Medical ASA ranks worse than 303030% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Thor Medical ASA's Enterprise Value is €134.97 Mil.
Thor Medical ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-10.30 Mil. Therefore, Thor Medical ASA's EV-to-FCF for today is -13.10.
The historical rank and industry rank for Thor Medical ASA's EV-to-FCF or its related term are showing as below:
FRA:8NN'
s EV-to-FCF Range Over the Past 10 Years
Min: -25.11 Med: -1.26 Max: 2.86
Current: -13.2
During the past 13 years, the highest EV-to-FCF of Thor Medical ASA was 2.86. The lowest was -25.11. And the median was -1.26.
FRA:8NN's EV-to-FCF is ranked worse than 100% of 330
companies
in the Biotechnology industry
Industry Median: 16.33
vs FRA:8NN: -13.20
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.
Thor Medical ASA's PE Ratio (TTM) for today is calculated as:
Thor Medical ASA's share price for today is €0.3815.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thor Medical ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.016.
* 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.
Thor Medical ASA EV-to-FCF Related Terms
Thor Medical ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Thor Medical ASA'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 Biotechnology subindustry, Thor Medical ASA'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.
Thor Medical ASA EV-to-FCF vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Thor Medical ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Thor Medical ASA's EV-to-FCF falls into.
Thor Medical ASA's current Enterprise Value is €134.97 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Thor Medical ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-10.30 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.
Thor Medical ASA (FRA:8NN) has a EV-to-FCF of -13.10 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Thor Medical ASA and its competitors. According to the industry distribution chart, Thor Medical ASA ranks #999999 out of 330 companies in the Biotechnology industry.
Is Thor Medical ASA's EV-to-FCF too high?
Thor Medical ASA's current EV-to-FCF is -13.10. Based on the distribution chart, Thor Medical ASA ranks #999999 out of 330 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Thor Medical ASA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Thor Medical ASA's EV-to-FCF compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Thor Medical ASA ranks #999999 out of 330 companies for EV-to-FCF. This places Thor Medical ASA in the lower half of its industry. The industry median EV-to-FCF is 16.33. 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 Biotechnology company?
The median EV-to-FCF among Biotechnology companies is 16.33, based on 330 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. 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 Thor Medical ASA and its competitors. For the Biotechnology industry, the median EV-to-FCF is 16.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thor Medical ASA's current EV-to-FCF is -13.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thor Medical ASA stock overvalued right now?
Thor Medical ASA (FRA:8NN) has a current EV-to-FCF of -13.10. The current EV-to-FCF is -13.10. Thor Medical ASA's overall GF Score™ is 25/100 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 Thor Medical ASA (FRA:8NN), the current EV-to-FCF is -13.10 as of Jul. 09, 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.
Thor Medical ASA is a Norway-based biopharmaceutical company. The company is a producer and supplier of alpha-particle emitters for cancer therapy. The production process is based on separation of natural occurring radioactive decay products from thorium. The Company is utilizing alpha-emitters in radiotherapy and cancer treatments using Pb-212, which can be produced from naturally occurring isotope Thorium-232 and Lead-212. It uses a proprietary production process that does not involve irradiation or nuclear reactors to produce alpha-emitting materials. These materials are used by radiopharmaceutical companies in the development of cancer therapies.
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