Inclusio (FRA:9ZS) EV-to-FCF: 76.08 (As of Jul. 19, 2026) — 19% Above Median

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FRA:9ZS Inclusio SA FRA:9ZS
83 GF Score
Price €15.35
GF Value €16.85
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Inclusio EV-to-FCF?

Inclusio FRA:9ZS -0.65% 83 EV-to-FCF is 76.08 as of Jul. 19, 2026, which is 19% above its 10-year median of 63.93. GuruFocus rates FRA:9ZS with a GF Score™ of 83/100 and a GF Value™ of €16.85 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,096 Real Estate companies, Inclusio ranks worse than 87.04% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Inclusio's Enterprise Value is €288.58 Mil. Inclusio's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €3.79 Mil. Therefore, Inclusio's EV-to-FCF for today is 76.08.

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

FRA:9ZS' s EV-to-FCF Range Over the Past 10 Years
Min: -393.45   Med: 63.93   Max: 145.38
Current: 76.08

During the past 9 years, the highest EV-to-FCF of Inclusio was 145.38. The lowest was -393.45. And the median was 63.93.

FRA:9ZS's EV-to-FCF is ranked worse than
87.04% of 1096 companies
in the Real Estate industry
Industry Median: 19.105 vs FRA:9ZS: 76.08

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 (2026-07-19), Inclusio's stock price is €15.35. Inclusio's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.020. Therefore, Inclusio's PE Ratio (TTM) for today is 7.60.


Inclusio  (FRA:9ZS) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=15.35/2.020
=7.60

Inclusio's share price for today is €15.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Inclusio's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €2.020.

* 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.


Inclusio EV-to-FCF Related Terms


Inclusio EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Inclusio'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.

Inclusio EV-to-FCF Chart

Inclusio Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only 143.79 -23.69 82.29 56.70 95.54

Inclusio Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 82.29 0.00 56.70 0.00 95.54

FRA:9ZS vs CBRE, BEKE, JLL: EV-to-FCF Comparison

For the Real Estate Services subindustry, Inclusio'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.


Inclusio EV-to-FCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Inclusio's EV-to-FCF distribution charts can be found below:

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


FRA:9ZS
83GF Score
Inclusio SA FRA:9ZS
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Inclusio EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=288.581/3.793
=76.08

Inclusio's current Enterprise Value is €288.58 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Inclusio's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €3.79 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 76.08 mean?
Inclusio (FRA:9ZS) has a EV-to-FCF of 76.08 as of Jul. 19, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Inclusio and its competitors. This is 19% above median its historical median of 63.93. According to the industry distribution chart, Inclusio ranks #954 out of 1096 companies in the Real Estate industry, placing it in the top 87%.
Is Inclusio's EV-to-FCF too high?
Inclusio's current EV-to-FCF of 76.08 is 19% above median its 10-year median of 63.93. The Real Estate industry median EV-to-FCF is 19.11. Inclusio's value of 76.08 is 298.2% above this industry median. Based on the distribution chart, Inclusio ranks #954 out of 1096 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Inclusio has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Inclusio's EV-to-FCF compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Inclusio ranks #954 out of 1096 companies for EV-to-FCF. This places Inclusio in the lower half of its industry. The industry median EV-to-FCF is 19.11. Inclusio's value of 76.08 is 298.2% above this benchmark. While the company's 10-year median is 63.93 vs. the industry median of 19.11, Inclusio 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 Real Estate company?
The median EV-to-FCF among Real Estate companies is 19.11, based on 1,096 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. Inclusio's current EV-to-FCF of 76.08 is 298.2% 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 Inclusio and its competitors. For the Real Estate industry, the median EV-to-FCF is 19.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Inclusio's current EV-to-FCF is 76.08, which is 19% above median its own 10-year median of 63.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inclusio stock overvalued right now?
Based on GuruFocus' analysis, Inclusio (FRA:9ZS) is currently considered Fairly Valued. The stock's GF Value™ is €16.85, compared to a current price of €15.35 — trading 8.9% below its estimated fair value. The current EV-to-FCF is 76.08, which is 19% above median its 10-year median of 63.93 and 298.2% above the Real Estate industry median of 19.11. Inclusio's overall GF Score™ is 83/100 with 8 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 Inclusio (FRA:9ZS), the current EV-to-FCF is 76.08 as of Jul. 19, 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 Inclusio (FRA:9ZS) Overvalued in 2026?

Based on GuruFocus' analysis, Inclusio stock appears to be undervalued. The current stock price of €15.35 is trading 8.9% below its estimated GF Value™ of €16.85. GuruFocus considers Inclusio to be Fairly Valued.

Key valuation signals for FRA:9ZS:

  • EV-to-FCF: 76.08 (19% above median its 10-year median of 63.93)
  • GF Value™: €16.85 vs. price of €15.35 (8.9% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 298.2% above the Real Estate median (#954 of 1096)

No single metric tells the full story. See the FRA:9ZS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Inclusio Business Description

Other Exchanges INCLU:Belgium
Address Avenue Herrmann-Debroux 40, Brussels, BEL, 1160
Inclusio SA holds and manages social housing residential assets. The company is engaged in acquisition, development and management buildings made available to low and middle income tenants. Its portfolio includes new or renovated residential buildings leased to social partners, schools, nurseries, and reception centers for asylum seekers.
83GF Score

Get the complete analysis for FRA:9ZS

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

€15.35
Price
€16.85
GF Value