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EMCOR GroupFRA:EM4 +0.44%95 EV-to-FCF is 28.90 as of Aug. 23, 2026, which is 76% above its 10-year median of 16.45. GuruFocus rates FRA:EM4 with a GF Score™ of 95/100 and a GF Value™ of €565.68 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,095 Construction companies, EMCOR Group ranks worse than 73.15% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, EMCOR Group's Enterprise Value is €28,984 Mil.
EMCOR Group's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €1,003 Mil. Therefore, EMCOR Group's EV-to-FCF for today is 28.90.
The historical rank and industry rank for EMCOR Group's EV-to-FCF or its related term are showing as below:
FRA:EM4'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.33 Med: 16.45 Max: 37.8
Current: 28.92
During the past 13 years, the highest EV-to-FCF of EMCOR Group was 37.80. The lowest was 5.33. And the median was 16.45.
FRA:EM4's EV-to-FCF is ranked worse than 73.15% of 1095
companies
in the Construction industry
Industry Median: 13.2
vs FRA:EM4: 28.92
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.
EMCOR Group's PE Ratio (TTM) for today is calculated as:
EMCOR Group's share price for today is €684.80.
EMCOR Group'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 €27.646.
* 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.
EMCOR Group EV-to-FCF Related Terms
EMCOR Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for EMCOR Group'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 Engineering & Construction subindustry, EMCOR Group'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.
EMCOR Group EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, EMCOR Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where EMCOR Group's EV-to-FCF falls into.
EMCOR Group's current Enterprise Value is €28,984 Mil.
EMCOR Group'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 €1,003 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.
EMCOR Group (FRA:EM4) has a EV-to-FCF of 28.90 as of Aug. 23, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on EMCOR Group and its competitors. This is 76% above median its historical median of 16.45. Over the past decade, EMCOR Group's EV-to-FCF has ranged from 5.33 to 37.80. According to the industry distribution chart, EMCOR Group ranks #801 out of 1095 companies in the Construction industry, placing it in the top 73.2%.
Is EMCOR Group's EV-to-FCF too high?
EMCOR Group's current EV-to-FCF of 28.90 is 76% above median its 10-year median of 16.45. Over the past 10 years, this metric has ranged from a low of 5.33 to a high of 37.80. The Construction industry median EV-to-FCF is 13.20. EMCOR Group's value of 28.90 is 118.9% above this industry median. Based on the distribution chart, EMCOR Group ranks #801 out of 1095 companies in the Construction industry, which is below the industry midpoint. Overall, EMCOR Group has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EMCOR Group's EV-to-FCF compare to MTZ and STRL?
According to the Construction industry distribution chart, EMCOR Group ranks #801 out of 1095 companies for EV-to-FCF. This places EMCOR Group in the lower half of its industry. The industry median EV-to-FCF is 13.20. EMCOR Group's value of 28.90 is 118.9% above this benchmark. Historically, EMCOR Group's own EV-to-FCF has ranged from 5.33 to 37.80 over the past decade. While the company's 10-year median is 16.45 vs. the industry median of 13.20, EMCOR Group 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 Construction company?
The median EV-to-FCF among Construction companies is 13.20, based on 1,095 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. EMCOR Group's current EV-to-FCF of 28.90 is 118.9% 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 EMCOR Group and its competitors. For the Construction industry, the median EV-to-FCF is 13.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EMCOR Group's current EV-to-FCF is 28.90, which is 76% above median its own 10-year median of 16.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EMCOR Group stock overvalued right now?
Based on GuruFocus' analysis, EMCOR Group (FRA:EM4) is currently considered Modestly Overvalued. The stock's GF Value™ is €565.68, compared to a current price of €684.80 — trading 21.1% above its estimated fair value. The current EV-to-FCF is 28.90, which is 76% above median its 10-year median of 16.45 and 118.9% above the Construction industry median of 13.20. EMCOR Group's overall GF Score™ is 95/100 with 1 warning sign 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 EMCOR Group (FRA:EM4), the current EV-to-FCF is 28.90 as of Aug. 23, 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 EMCOR Group (FRA:EM4) Overvalued in 2026?
Based on GuruFocus' analysis, EMCOR Group stock appears to be overvalued.
The current stock price of €684.80 is trading 21.1% above its estimated GF Value™ of €565.68.
GuruFocus considers EMCOR Group to be Modestly Overvalued.
Key valuation signals for FRA:EM4:
EV-to-FCF: 28.90 (76% above median its 10-year median of 16.45)
GF Value™: €565.68 vs. price of €684.80 (21.1% above fair value)
Industry Position: 118.9% above the Construction median (#801 of 1095)
No single metric tells the full story. See the FRA:EM4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EMCOR Group Inc is a specialty contractor in the United States and a provider of electrical and mechanical construction and facilities services, building services, and industrial services. Its services are provided to a broad range of commercial, technology, manufacturing, industrial, healthcare, utility, and institutional customers through approximately 100 operating subsidiaries. The company's operating subsidiaries are organized into reportable segments: United States mechanical construction and facilities services, which derives key revenue; United States electrical construction and facilities services; United States building services; United States industrial services; and United Kingdom building services. Geographically, its key revenue is derived from the United States.
95GF Score
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