National BanksharesFRA:9F2 -0.62%64 EV-to-FCF is 10.54 as of Jul. 06, 2026, which is 19% above its 10-year median of 8.84. GuruFocus rates FRA:9F2 with a GF Score™ of 64/100 and a GF Value™ of €28.24 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,196 Banks companies, National Bankshares ranks worse than 62.79% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, National Bankshares's Enterprise Value is €150.08 Mil.
National Bankshares's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €14.24 Mil. Therefore, National Bankshares's EV-to-FCF for today is 10.54.
The historical rank and industry rank for National Bankshares's EV-to-FCF or its related term are showing as below:
FRA:9F2'
s EV-to-FCF Range Over the Past 10 Years
Min: 2.88 Med: 8.84 Max: 41.94
Current: 10.27
During the past 13 years, the highest EV-to-FCF of National Bankshares was 41.94. The lowest was 2.88. And the median was 8.84.
FRA:9F2's EV-to-FCF is ranked worse than 62.79% of 1196
companies
in the Banks industry
Industry Median: 6.565
vs FRA:9F2: 10.27
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.
National Bankshares (FRA:9F2) 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.
National Bankshares's PE Ratio (TTM) for today is calculated as:
National Bankshares's share price for today is €31.80.
National Bankshares'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 €2.361.
* 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.
National Bankshares EV-to-FCF Related Terms
National Bankshares EV-to-FCF Historical Data
* Premium members only.
The historical data trend for National Bankshares'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 Banks - Regional subindustry, National Bankshares'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.
National Bankshares EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, National Bankshares's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where National Bankshares's EV-to-FCF falls into.
National Bankshares's current Enterprise Value is €150.08 Mil.
National Bankshares'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 €14.24 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.
National Bankshares (FRA:9F2) has a EV-to-FCF of 10.54 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on National Bankshares and its competitors. This is 19% above median its historical median of 8.84. Over the past decade, National Bankshares' EV-to-FCF has ranged from 2.88 to 41.94. According to the industry distribution chart, National Bankshares ranks #751 out of 1196 companies in the Banks industry, placing it in the top 62.8%.
Is National Bankshares' EV-to-FCF too high?
National Bankshares' current EV-to-FCF of 10.54 is 19% above median its 10-year median of 8.84. Over the past 10 years, this metric has ranged from a low of 2.88 to a high of 41.94. The Banks industry median EV-to-FCF is 6.57. National Bankshares' value of 10.54 is 60.5% above this industry median. Based on the distribution chart, National Bankshares ranks #751 out of 1196 companies in the Banks industry, which is below the industry midpoint. Overall, National Bankshares has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Bankshares' EV-to-FCF compare to INBK and MRBK?
According to the Banks industry distribution chart, National Bankshares ranks #751 out of 1196 companies for EV-to-FCF. This places National Bankshares in the lower half of its industry. The industry median EV-to-FCF is 6.57. National Bankshares' value of 10.54 is 60.5% above this benchmark. Historically, National Bankshares' own EV-to-FCF has ranged from 2.88 to 41.94 over the past decade. While the company's 10-year median is 8.84 vs. the industry median of 6.57, National Bankshares 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 Banks company?
The median EV-to-FCF among Banks companies is 6.57, based on 1,196 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. National Bankshares's current EV-to-FCF of 10.54 is 60.5% 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 National Bankshares and its competitors. For the Banks industry, the median EV-to-FCF is 6.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Bankshares's current EV-to-FCF is 10.54, which is 19% above median its own 10-year median of 8.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Bankshares stock overvalued right now?
Based on GuruFocus' analysis, National Bankshares (FRA:9F2) is currently considered Modestly Overvalued. The stock's GF Value™ is €28.24, compared to a current price of €31.80 — trading 12.6% above its estimated fair value. The current EV-to-FCF is 10.54, which is 19% above median its 10-year median of 8.84 and 60.5% above the Banks industry median of 6.57. National Bankshares' overall GF Score™ is 64/100 with 4 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 National Bankshares (FRA:9F2), the current EV-to-FCF is 10.54 as of Jul. 06, 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 National Bankshares (FRA:9F2) Overvalued in 2026?
Based on GuruFocus' analysis, National Bankshares stock appears to be overvalued.
The current stock price of €31.80 is trading 12.6% above its estimated GF Value™ of €28.24.
GuruFocus considers National Bankshares to be Modestly Overvalued.
Key valuation signals for FRA:9F2:
EV-to-FCF: 10.54 (19% above median its 10-year median of 8.84)
GF Value™: €28.24 vs. price of €31.80 (12.6% above fair value)
Industry Position: 60.5% above the Banks median (#751 of 1196)
No single metric tells the full story. See the FRA:9F2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Bankshares Inc is a bank holding company. It focuses on lending to small and mid-sized businesses and individuals. The types of loans it offers include commercial and agricultural loans, commercial real estate, construction loans for commercial and residential properties, residential real estate, home equity, and various consumer loan products. It also operates an insurance and brokerage subsidiary. The company earns its revenue from interest and fees on loans, non-interest income, and investments.
64GF Score
Get the complete analysis for FRA:9F2
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:9F2 has been successfully added to your 
