Also Holding AGFRA:9AS -0.95%62 EV-to-FCF is 14.02 as of Jul. 05, 2026, which is 2% above its 10-year median of 13.79. GuruFocus rates FRA:9AS with a GF Score™ of 62/100 and a GF Value™ of €327.98 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,327 Hardware companies, Also Holding AG ranks better than 66.24% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Also Holding AG's Enterprise Value is €2,297 Mil.
Also Holding AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €164 Mil. Therefore, Also Holding AG's EV-to-FCF for today is 14.02.
The historical rank and industry rank for Also Holding AG's EV-to-FCF or its related term are showing as below:
FRA:9AS'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.36 Med: 13.79 Max: 48.46
Current: 13.96
During the past 13 years, the highest EV-to-FCF of Also Holding AG was 48.46. The lowest was 5.36. And the median was 13.79.
FRA:9AS's EV-to-FCF is ranked better than 66.24% of 1327
companies
in the Hardware industry
Industry Median: 23.98
vs FRA:9AS: 13.96
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.
Also Holding AG's PE Ratio (TTM) for today is calculated as:
Also Holding AG's share price for today is €208.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Also Holding AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €8.640.
* 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.
Also Holding AG EV-to-FCF Related Terms
Also Holding AG EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Also Holding AG'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 Electronics & Computer Distribution subindustry, Also Holding AG'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.
Also Holding AG EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Also Holding AG's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Also Holding AG's EV-to-FCF falls into.
Also Holding AG's current Enterprise Value is €2,297 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Also Holding AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €164 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.
Also Holding AG (FRA:9AS) has a EV-to-FCF of 14.02 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Also Holding AG and its competitors. This is near median its historical median of 13.79. Over the past decade, Also Holding AG's EV-to-FCF has ranged from 5.36 to 48.46. According to the industry distribution chart, Also Holding AG ranks #448 out of 1327 companies in the Hardware industry, placing it in the top 33.8%.
Is Also Holding AG's EV-to-FCF too high?
Also Holding AG's current EV-to-FCF of 14.02 is near median its 10-year median of 13.79. Over the past 10 years, this metric has ranged from a low of 5.36 to a high of 48.46. The Hardware industry median EV-to-FCF is 23.98. Also Holding AG's value of 14.02 is 41.5% below this industry median. Based on the distribution chart, Also Holding AG ranks #448 out of 1327 companies in the Hardware industry, which is above the industry midpoint. Overall, Also Holding AG has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Also Holding AG's EV-to-FCF compare to SNX and ARW?
According to the Hardware industry distribution chart, Also Holding AG ranks #448 out of 1327 companies for EV-to-FCF. This puts Also Holding AG in the upper half of its industry. The industry median EV-to-FCF is 23.98. Also Holding AG's value of 14.02 is 41.5% below this benchmark. Historically, Also Holding AG's own EV-to-FCF has ranged from 5.36 to 48.46 over the past decade. While the company's 10-year median is 13.79 vs. the industry median of 23.98, Also Holding AG 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 a Hardware company?
The median EV-to-FCF among Hardware companies is 23.98, based on 1,327 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. Also Holding AG's current EV-to-FCF of 14.02 is 41.5% 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 Also Holding AG and its competitors. For the Hardware industry, the median EV-to-FCF is 23.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Also Holding AG's current EV-to-FCF is 14.02, which is near median its own 10-year median of 13.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Also Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Also Holding AG (FRA:9AS) is currently considered Possible Value Trap. The stock's GF Value™ is €327.98, compared to a current price of €208.00 — trading 36.6% below its estimated fair value. The current EV-to-FCF is 14.02, which is near median its 10-year median of 13.79 and 41.5% below the Hardware industry median of 23.98. Also Holding AG's overall GF Score™ is 62/100 with 3 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 Also Holding AG (FRA:9AS), the current EV-to-FCF is 14.02 as of Jul. 05, 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 Also Holding AG (FRA:9AS) Overvalued in 2026?
Based on GuruFocus' analysis, Also Holding AG stock appears to be undervalued.
The current stock price of €208.00 is trading 36.6% below its estimated GF Value™ of €327.98.
GuruFocus considers Also Holding AG to be Possible Value Trap.
Key valuation signals for FRA:9AS:
EV-to-FCF: 14.02 (near median its 10-year median of 13.79)
GF Value™: €327.98 vs. price of €208.00 (36.6% below fair value)
Industry Position: 41.5% below the Hardware median (#448 of 1327)
No single metric tells the full story. See the FRA:9AS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Also Holding AG is an information and communications technology distribution company. It distributes a wide portfolio of hardware, software, and digital products of various technology brands. The industries it caters to include information technology, data centers, consumer electronics, and telecommunications. It also connects service providers of cloud solutions with their customers and aids the provision of financial, logistics, and IT services. The company's operating segments are: Central Europe, which generates the maximum revenue, and Northern/Eastern Europe. Geographically, it derives maximum revenue from the United Kingdom, followed by Germany, Poland, Switzerland, and other markets.
62GF Score
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