Fernheizwerk Neukoelln AG (FRA:FHW) EV-to-FCF: (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:FHW Fernheizwerk Neukoelln AG FRA:FHW
70 GF Score
Price €18.40
GF Value €26.66
Valuation Significantly Undervalued
! 7 Warning Signs
View Full Analysis

What is Fernheizwerk Neukoelln AG EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fernheizwerk Neukoelln AG's Enterprise Value is €33.27 Mil. Fernheizwerk Neukoelln AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil. Therefore, Fernheizwerk Neukoelln AG's EV-to-FCF for today is .

The historical rank and industry rank for Fernheizwerk Neukoelln AG's EV-to-FCF or its related term are showing as below:

FRA:FHW' s EV-to-FCF Range Over the Past 10 Years
Min: -30.88   Med: 12.92   Max: 155.72
Current: -4.93

During the past 13 years, the highest EV-to-FCF of Fernheizwerk Neukoelln AG was 155.72. The lowest was -30.88. And the median was 12.92.

FRA:FHW's EV-to-FCF is ranked worse than
100% of 236 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.36 vs FRA:FHW: -4.93

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.

As of today (2026-07-16), Fernheizwerk Neukoelln AG's stock price is €18.40. Fernheizwerk Neukoelln AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.576. Therefore, Fernheizwerk Neukoelln AG's PE Ratio (TTM) for today is 11.68.


Fernheizwerk Neukoelln AG  (FRA:FHW) 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.

Fernheizwerk Neukoelln AG's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=18.40/1.576
=11.68

Fernheizwerk Neukoelln AG's share price for today is €18.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.576.

* 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.


Fernheizwerk Neukoelln AG EV-to-FCF Related Terms


Fernheizwerk Neukoelln AG EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Fernheizwerk Neukoelln AG'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.

Fernheizwerk Neukoelln AG EV-to-FCF Chart

Fernheizwerk Neukoelln AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.78 -12.67 163.30 -8.33 -5.75

Fernheizwerk Neukoelln AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 163.30 0.00 -8.33 0.00 -5.75

FRA:FHW vs CEG, VST, NRG: EV-to-FCF Comparison

For the Utilities - Independent Power Producers subindustry, Fernheizwerk Neukoelln AG'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.


Fernheizwerk Neukoelln AG EV-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fernheizwerk Neukoelln AG's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Fernheizwerk Neukoelln AG's EV-to-FCF falls into.


FRA:FHW
70GF Score
Fernheizwerk Neukoelln AG FRA:FHW
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fernheizwerk Neukoelln AG EV-to-FCF Calculation

Fernheizwerk Neukoelln AG's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=33.274/0
=

Fernheizwerk Neukoelln AG's current Enterprise Value is €33.27 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fernheizwerk Neukoelln AG's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 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.

Is Fernheizwerk Neukoelln AG (FRA:FHW) Overvalued in 2026?

Based on GuruFocus' analysis, Fernheizwerk Neukoelln AG stock appears to be undervalued. The current stock price of €18.40 is trading 31% below its estimated GF Value™ of €26.66. GuruFocus considers Fernheizwerk Neukoelln AG to be Significantly Undervalued.

Key valuation signals for FRA:FHW:

  • EV-to-FCF:
  • GF Value™: €26.66 vs. price of €18.40 (31% below fair value)
  • GF Score™: 70/100 with 7 warning signs

No single metric tells the full story. See the FRA:FHW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fernheizwerk Neukoelln AG Business Description

Other Exchanges FHW:Germany
Address Weigandufer 49, Berlin, DEU, D-12059
Fernheizwerk Neukoelln AG is a German company which offers heating services to the city of Berlin. The company operates a grid of steam and hot water pipes throughout the city.
70GF Score

Get the complete analysis for FRA:FHW

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€18.40
Price
€26.66
GF Value