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AcerinoxFRA:ACE1 -1.33%73 EV-to-FCF is 16.73 as of Jul. 29, 2026, which is 60% above its 10-year median of 10.44. GuruFocus rates FRA:ACE1 with a GF Score™ of 73/100 and a GF Value™ of €10.59 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 360 Steel companies, Acerinox ranks worse than 50.56% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Acerinox's Enterprise Value is €5,876 Mil.
Acerinox's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €351 Mil. Therefore, Acerinox's EV-to-FCF for today is 16.73.
The historical rank and industry rank for Acerinox's EV-to-FCF or its related term are showing as below:
FRA:ACE1'
s EV-to-FCF Range Over the Past 10 Years
Min: -280.01 Med: 10.44 Max: 177.29
Current: 16.73
During the past 13 years, the highest EV-to-FCF of Acerinox was 177.29. The lowest was -280.01. And the median was 10.44.
FRA:ACE1's EV-to-FCF is ranked worse than 50.56% of 360
companies
in the Steel industry
Industry Median: 16.61
vs FRA:ACE1: 16.73
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.
Acerinox's share price for today is €17.79.
Acerinox's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.317.
* 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.
Acerinox EV-to-FCF Related Terms
Acerinox EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Acerinox'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 Steel subindustry, Acerinox'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.
Acerinox EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Acerinox's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Acerinox's EV-to-FCF falls into.
Acerinox's current Enterprise Value is €5,876 Mil.
Acerinox's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €351 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.
Acerinox (FRA:ACE1) has a EV-to-FCF of 16.73 as of Jul. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Acerinox and its competitors. This is 60% above median its historical median of 10.44. According to the industry distribution chart, Acerinox ranks #182 out of 360 companies in the Steel industry, placing it in the top 50.6%.
Is Acerinox's EV-to-FCF too high?
Acerinox's current EV-to-FCF of 16.73 is 60% above median its 10-year median of 10.44. The Steel industry median EV-to-FCF is 16.61. Acerinox's value of 16.73 is 0.7% above this industry median. Based on the distribution chart, Acerinox ranks #182 out of 360 companies in the Steel industry, which is below the industry midpoint. Overall, Acerinox has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Acerinox's EV-to-FCF compare to NUE and STLD?
According to the Steel industry distribution chart, Acerinox ranks #182 out of 360 companies for EV-to-FCF. This places Acerinox in the lower half of its industry. The industry median EV-to-FCF is 16.61. Acerinox's value of 16.73 is 0.7% above this benchmark. While the company's 10-year median is 10.44 vs. the industry median of 16.61, Acerinox 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 Steel company?
The median EV-to-FCF among Steel companies is 16.61, based on 360 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. Acerinox's current EV-to-FCF of 16.73 is 0.7% 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 Acerinox and its competitors. For the Steel industry, the median EV-to-FCF is 16.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Acerinox's current EV-to-FCF is 16.73, which is 60% above median its own 10-year median of 10.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Acerinox stock overvalued right now?
Based on GuruFocus' analysis, Acerinox (FRA:ACE1) is currently considered Significantly Overvalued. The stock's GF Value™ is €10.59, compared to a current price of €17.79 — trading 68% above its estimated fair value. The current EV-to-FCF is 16.73, which is 60% above median its 10-year median of 10.44 and 0.7% above the Steel industry median of 16.61. Acerinox's overall GF Score™ is 73/100 with 10 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 Acerinox (FRA:ACE1), the current EV-to-FCF is 16.73 as of Jul. 29, 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 Acerinox (FRA:ACE1) Overvalued in 2026?
Based on GuruFocus' analysis, Acerinox stock appears to be overvalued.
The current stock price of €17.79 is trading 68% above its estimated GF Value™ of €10.59.
GuruFocus considers Acerinox to be Significantly Overvalued.
Key valuation signals for FRA:ACE1:
EV-to-FCF: 16.73 (60% above median its 10-year median of 10.44)
GF Value™: €10.59 vs. price of €17.79 (68% above fair value)
Industry Position: 0.7% above the Steel median (#182 of 360)
No single metric tells the full story. See the FRA:ACE1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Acerinox SA is a Spain-based stainless steel maker engaged in the manufacture, processing, and marketing of stainless steel products and special alloys. The company operates in two segments; the Stainless steel segment which accounts for the majority of the company's revenue, includes both flat and long stainless steel products, and the High-performance alloys segment includes special alloys with high nickel content. This segment includes all the companies in the VDM Metals subgroup. Geographically, the company operates in Spain, the Rest of Europe, America, Africa, Asia, and Others.
73GF Score
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