The Cheesecake FactoryFRA:CF2 +1.78%73 EV-to-FCF is 35.92 as of Jul. 12, 2026, which is 18% above its 10-year median of 30.56. GuruFocus rates FRA:CF2 with a GF Score™ of 73/100 and a GF Value™ of €40.08 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 278 Restaurants companies, The Cheesecake Factory ranks worse than 75.18% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, The Cheesecake Factory's Enterprise Value is €5,285 Mil.
The Cheesecake Factory's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €147 Mil. Therefore, The Cheesecake Factory's EV-to-FCF for today is 35.92.
The historical rank and industry rank for The Cheesecake Factory's EV-to-FCF or its related term are showing as below:
FRA:CF2'
s EV-to-FCF Range Over the Past 10 Years
Min: -92.18 Med: 30.56 Max: 1434.03
Current: 35.1
During the past 13 years, the highest EV-to-FCF of The Cheesecake Factory was 1434.03. The lowest was -92.18. And the median was 30.56.
FRA:CF2's EV-to-FCF is ranked worse than 75.18% of 278
companies
in the Restaurants industry
Industry Median: 17.705
vs FRA:CF2: 35.10
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.
The Cheesecake Factory (FRA:CF2) 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.
The Cheesecake Factory's PE Ratio (TTM) for today is calculated as:
The Cheesecake Factory's share price for today is €67.42.
The Cheesecake Factory'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 €2.944.
* 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.
* 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 Restaurants subindustry, The Cheesecake Factory'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.
The Cheesecake Factory EV-to-FCF vs Restaurants Industry
For the Restaurants industry and Consumer Cyclical sector, The Cheesecake Factory's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where The Cheesecake Factory's EV-to-FCF falls into.
The Cheesecake Factory's current Enterprise Value is €5,285 Mil.
The Cheesecake Factory'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 €147 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.
The Cheesecake Factory (FRA:CF2) has a EV-to-FCF of 35.92 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on The Cheesecake Factory and its competitors. This is 18% above median its historical median of 30.56. According to the industry distribution chart, The Cheesecake Factory ranks #209 out of 278 companies in the Restaurants industry, placing it in the top 75.2%.
Is The Cheesecake Factory's EV-to-FCF too high?
The Cheesecake Factory's current EV-to-FCF of 35.92 is 18% above median its 10-year median of 30.56. The Restaurants industry median EV-to-FCF is 17.71. The Cheesecake Factory's value of 35.92 is 102.9% above this industry median. Based on the distribution chart, The Cheesecake Factory ranks #209 out of 278 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, The Cheesecake Factory has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Cheesecake Factory's EV-to-FCF compare to WING and SHAK?
According to the Restaurants industry distribution chart, The Cheesecake Factory ranks #209 out of 278 companies for EV-to-FCF. This places The Cheesecake Factory in the lower half of its industry. The industry median EV-to-FCF is 17.71. The Cheesecake Factory's value of 35.92 is 102.9% above this benchmark. While the company's 10-year median is 30.56 vs. the industry median of 17.71, The Cheesecake Factory 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 Restaurants company?
The median EV-to-FCF among Restaurants companies is 17.71, based on 278 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. The Cheesecake Factory's current EV-to-FCF of 35.92 is 102.9% 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 The Cheesecake Factory and its competitors. For the Restaurants industry, the median EV-to-FCF is 17.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Cheesecake Factory's current EV-to-FCF is 35.92, which is 18% above median its own 10-year median of 30.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Cheesecake Factory stock overvalued right now?
Based on GuruFocus' analysis, The Cheesecake Factory (FRA:CF2) is currently considered Significantly Overvalued. The stock's GF Value™ is €40.08, compared to a current price of €67.42 — trading 68.2% above its estimated fair value. The current EV-to-FCF is 35.92, which is 18% above median its 10-year median of 30.56 and 102.9% above the Restaurants industry median of 17.71. The Cheesecake Factory's overall GF Score™ is 73/100 with 7 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 The Cheesecake Factory (FRA:CF2), the current EV-to-FCF is 35.92 as of Jul. 12, 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 The Cheesecake Factory (FRA:CF2) Overvalued in 2026?
Based on GuruFocus' analysis, The Cheesecake Factory stock appears to be overvalued.
The current stock price of €67.42 is trading 68.2% above its estimated GF Value™ of €40.08.
GuruFocus considers The Cheesecake Factory to be Significantly Overvalued.
Key valuation signals for FRA:CF2:
EV-to-FCF: 35.92 (18% above median its 10-year median of 30.56)
GF Value™: €40.08 vs. price of €67.42 (68.2% above fair value)
Industry Position: 102.9% above the Restaurants median (#209 of 278)
No single metric tells the full story. See the FRA:CF2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Cheesecake Factory Inc is a restaurant company that owns and operates multiple casual dining brands across the United States and Canada under brands that include The Cheesecake Factory, North Italia, Flower Child, and additional brands within its Fox Restaurant Concepts portfolio. The company's international presence, in the Middle East and Mexico, is through licensing agreements with third parties. The company also has a bakery division that produces cheesecakes and other baked products for sale in its restaurants, international licensees, and third-party bakery customers. The company has four operating business segments: The Cheesecake Factory restaurants, North Italia, Other FRC, and Other. The majority of the company's revenue comes from the Cheesecake Factory restaurants segment.
73GF Score
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