EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Freedom Holding's Enterprise Value is €7,460 Mil.
Freedom Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-44 Mil. Therefore, Freedom Holding's EV-to-FCF for today is -169.01.
The historical rank and industry rank for Freedom Holding's EV-to-FCF or its related term are showing as below:
FRA:DMW2'
s EV-to-FCF Range Over the Past 10 Years
Min: -230.09 Med: 2.3 Max: 101.36
Current: -230.09
During the past 13 years, the highest EV-to-FCF of Freedom Holding was 101.36. The lowest was -230.09. And the median was 2.30.
FRA:DMW2's EV-to-FCF is ranked worse than 100% of 149
companies
in the Diversified Financial Services industry
Industry Median: 3.69
vs FRA:DMW2: -230.09
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.
Freedom Holding's PE Ratio (TTM) for today is calculated as:
Freedom Holding's share price for today is €140.00.
Freedom Holding'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 €2.148.
* 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.
Freedom Holding EV-to-FCF Related Terms
Freedom Holding EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Freedom Holding'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 Financial Conglomerates subindustry, Freedom Holding'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.
Freedom Holding EV-to-FCF vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Freedom Holding's EV-to-FCF falls into.
Freedom Holding's current Enterprise Value is €7,460 Mil.
Freedom Holding'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 €-44 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.
Freedom Holding (FRA:DMW2) has a EV-to-FCF of -169.01 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Freedom Holding and its competitors. According to the industry distribution chart, Freedom Holding ranks #999999 out of 149 companies in the Diversified Financial Services industry.
Is Freedom Holding's EV-to-FCF too high?
Freedom Holding's current EV-to-FCF is -169.01. Based on the distribution chart, Freedom Holding ranks #999999 out of 149 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Freedom Holding has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Freedom Holding's EV-to-FCF compare to VOYA and HTH?
According to the Diversified Financial Services industry distribution chart, Freedom Holding ranks #999999 out of 149 companies for EV-to-FCF. This places Freedom Holding in the lower half of its industry. The industry median EV-to-FCF is 3.69. 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 Diversified Financial Services company?
The median EV-to-FCF among Diversified Financial Services companies is 3.69, based on 149 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. 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 Freedom Holding and its competitors. For the Diversified Financial Services industry, the median EV-to-FCF is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Freedom Holding's current EV-to-FCF is -169.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Holding stock overvalued right now?
Based on GuruFocus' analysis, Freedom Holding (FRA:DMW2) is currently considered Fairly Valued. The stock's GF Value™ is €131.86, compared to a current price of €140.00 — trading 6.2% above its estimated fair value. The current EV-to-FCF is -169.01. Freedom Holding's overall GF Score™ is 77/100 with 11 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 Freedom Holding (FRA:DMW2), the current EV-to-FCF is -169.01 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 Freedom Holding (FRA:DMW2) Overvalued in 2026?
Based on GuruFocus' analysis, Freedom Holding stock appears to be overvalued.
The current stock price of €140.00 is trading 6.2% above its estimated GF Value™ of €131.86.
GuruFocus considers Freedom Holding to be Fairly Valued.
Key valuation signals for FRA:DMW2:
EV-to-FCF: -169.01
GF Value™: €131.86 vs. price of €140.00 (6.2% above fair value)
No single metric tells the full story. See the FRA:DMW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
77GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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