EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Deswell Industries's Enterprise Value is €-18.32 Mil.
Deswell Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was €10.53 Mil. Therefore, Deswell Industries's EV-to-FCF for today is -1.74.
The historical rank and industry rank for Deswell Industries's EV-to-FCF or its related term are showing as below:
FRA:DW2'
s EV-to-FCF Range Over the Past 10 Years
Min: -10.62 Med: -0.36 Max: 214.58
Current: -1.81
During the past 13 years, the highest EV-to-FCF of Deswell Industries was 214.58. The lowest was -10.62. And the median was -0.36.
FRA:DW2's EV-to-FCF is ranked better than 98.72% of 1328
companies
in the Hardware industry
Industry Median: 23.535
vs FRA:DW2: -1.81
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.
Deswell Industries's PE Ratio (TTM) for today is calculated as:
Deswell Industries's share price for today is €3.34.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deswell Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was €0.573.
* 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.
Deswell Industries EV-to-FCF Related Terms
Deswell Industries EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Deswell Industries'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 Electronic Components subindustry, Deswell Industries'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.
Deswell Industries EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Deswell Industries's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Deswell Industries's EV-to-FCF falls into.
Deswell Industries's current Enterprise Value is €-18.32 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deswell Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was €10.53 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.
Deswell Industries (FRA:DW2) has a EV-to-FCF of -1.74 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Deswell Industries and its competitors. According to the industry distribution chart, Deswell Industries ranks #17 out of 1328 companies in the Hardware industry, placing it in the top 1.3%.
Is Deswell Industries' EV-to-FCF too high?
Deswell Industries' current EV-to-FCF is -1.74. Based on the distribution chart, Deswell Industries ranks #17 out of 1328 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Deswell Industries has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deswell Industries' EV-to-FCF compare to ELTK and LINK?
According to the Hardware industry distribution chart, Deswell Industries ranks #17 out of 1328 companies for EV-to-FCF. This places Deswell Industries in the top 1% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 23.54. 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 Hardware company?
The median EV-to-FCF among Hardware companies is 23.54, based on 1,328 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 Deswell Industries and its competitors. For the Hardware industry, the median EV-to-FCF is 23.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deswell Industries's current EV-to-FCF is -1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deswell Industries stock overvalued right now?
Based on GuruFocus' analysis, Deswell Industries (FRA:DW2) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.87, compared to a current price of €3.34 — trading 78.6% above its estimated fair value. The current EV-to-FCF is -1.74. Deswell Industries' overall GF Score™ is 63/100 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 Deswell Industries (FRA:DW2), the current EV-to-FCF is -1.74 as of Jul. 02, 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 Deswell Industries (FRA:DW2) Overvalued in 2026?
Based on GuruFocus' analysis, Deswell Industries stock appears to be overvalued.
The current stock price of €3.34 is trading 78.6% above its estimated GF Value™ of €1.87.
GuruFocus considers Deswell Industries to be Significantly Overvalued.
Key valuation signals for FRA:DW2:
EV-to-FCF: -1.74
GF Value™: €1.87 vs. price of €3.34 (78.6% above fair value)
No single metric tells the full story. See the FRA:DW2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deswell Industries Inc is engaged in the manufacturing and selling of injection-molded plastic parts and components. In addition, it also offers manufacturing services for electronic products and subassemblies and manufactures metallic molds and accessory parts for original equipment manufacturers and contract manufacturers. The company conducts all of its manufacturing activities at separate plastics, electronics and metallic operation factories located in the People's Republic of China. It operates through the Plastic Injection Molding and Electronic Products Assembling segments. The firm offers products such as automobile components, medical testing equipment, parts for audio equipment, av receivers, active subwoofers, digital system key sets, communication products and others.
63GF 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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