BGC GroupFRA:ESD +2.23%61 EV-to-FCF is 18.79 as of Jul. 02, 2026, which is 39% above its 10-year median of 13.54. GuruFocus rates FRA:ESD with a GF Score™ of 61/100 and a GF Value™ of €10.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 448 Capital Markets companies, BGC Group ranks worse than 66.29% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, BGC Group's Enterprise Value is €5,600 Mil.
BGC Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €298 Mil. Therefore, BGC Group's EV-to-FCF for today is 18.79.
The historical rank and industry rank for BGC Group's EV-to-FCF or its related term are showing as below:
FRA:ESD'
s EV-to-FCF Range Over the Past 10 Years
Min: -249.87 Med: 13.54 Max: 122.63
Current: 18.31
During the past 13 years, the highest EV-to-FCF of BGC Group was 122.63. The lowest was -249.87. And the median was 13.54.
FRA:ESD's EV-to-FCF is ranked worse than 66.29% of 448
companies
in the Capital Markets industry
Industry Median: 9.25
vs FRA:ESD: 18.31
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.
BGC Group's share price for today is €9.15.
BGC Group'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 €0.319.
* 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.
BGC Group EV-to-FCF Related Terms
BGC Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for BGC 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 Capital Markets subindustry, BGC 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.
BGC Group EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, BGC Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where BGC Group's EV-to-FCF falls into.
BGC Group's current Enterprise Value is €5,600 Mil.
BGC Group'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 €298 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.
BGC Group (FRA:ESD) has a EV-to-FCF of 18.79 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on BGC Group and its competitors. This is 39% above median its historical median of 13.54. According to the industry distribution chart, BGC Group ranks #297 out of 448 companies in the Capital Markets industry, placing it in the top 66.3%.
Is BGC Group's EV-to-FCF too high?
BGC Group's current EV-to-FCF of 18.79 is 39% above median its 10-year median of 13.54. The Capital Markets industry median EV-to-FCF is 9.25. BGC Group's value of 18.79 is 103.1% above this industry median. Based on the distribution chart, BGC Group ranks #297 out of 448 companies in the Capital Markets industry, which is below the industry midpoint. Overall, BGC Group has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BGC Group's EV-to-FCF compare to MARA and GLXY?
According to the Capital Markets industry distribution chart, BGC Group ranks #297 out of 448 companies for EV-to-FCF. This places BGC Group in the lower half of its industry. The industry median EV-to-FCF is 9.25. BGC Group's value of 18.79 is 103.1% above this benchmark. While the company's 10-year median is 13.54 vs. the industry median of 9.25, BGC 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 Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.25, based on 448 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. BGC Group's current EV-to-FCF of 18.79 is 103.1% 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 BGC Group and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BGC Group's current EV-to-FCF is 18.79, which is 39% above median its own 10-year median of 13.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BGC Group stock overvalued right now?
Based on GuruFocus' analysis, BGC Group (FRA:ESD) is currently considered Modestly Undervalued. The stock's GF Value™ is €10.63, compared to a current price of €9.15 — trading 13.9% below its estimated fair value. The current EV-to-FCF is 18.79, which is 39% above median its 10-year median of 13.54 and 103.1% above the Capital Markets industry median of 9.25. BGC Group's overall GF Score™ is 61/100 with 4 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 BGC Group (FRA:ESD), the current EV-to-FCF is 18.79 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 BGC Group (FRA:ESD) Overvalued in 2026?
Based on GuruFocus' analysis, BGC Group stock appears to be undervalued.
The current stock price of €9.15 is trading 13.9% below its estimated GF Value™ of €10.63.
GuruFocus considers BGC Group to be Modestly Undervalued.
Key valuation signals for FRA:ESD:
EV-to-FCF: 18.79 (39% above median its 10-year median of 13.54)
GF Value™: €10.63 vs. price of €9.15 (13.9% below fair value)
Industry Position: 103.1% above the Capital Markets median (#297 of 448)
No single metric tells the full story. See the FRA:ESD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BGC Group Inc is a brokerage and financial technology company that serves financial markets, energy, and commodities markets. Its service and product offerings include brokerage for a wide range of financial products, including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, financial institutions, and corporate clients. BGC operates in one reportable segment, which is providing brokerage services. Geographically, the company generates a majority of its revenue from Europe, the Middle East and Africa (EMEA), followed by the Americas and the Asia-Pacific region.
61GF Score
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