Future (FRA:FNWA) EV-to-FCF: 6.68 (As of Jul. 01, 2026) — 47% Below Median


FRA:FNWA Future PLC FRA:FNWA
62 GF Score
Price €3.40
GF Value €9.41
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Future EV-to-FCF?

Future FRA:FNWA -1.73% 62 EV-to-FCF is 6.68 as of Jul. 01, 2026, which is 47% below its 10-year median of 12.61. GuruFocus rates FRA:FNWA with a GF Score™ of 62/100 and a GF Value™ of €9.41 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 611 Media - Diversified companies, Future ranks better than 68.41% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Future's Enterprise Value is €717.4 Mil. Future's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €107.4 Mil. Therefore, Future's EV-to-FCF for today is 6.68.

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

FRA:FNWA' s EV-to-FCF Range Over the Past 10 Years
Min: -160.3   Med: 12.61   Max: 111.82
Current: 6.6

During the past 13 years, the highest EV-to-FCF of Future was 111.82. The lowest was -160.30. And the median was 12.61.

FRA:FNWA's EV-to-FCF is ranked better than
68.41% of 611 companies
in the Media - Diversified industry
Industry Median: 11.47 vs FRA:FNWA: 6.60

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 (2026-07-01), Future's stock price is €3.40. Future's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.426. Therefore, Future's PE Ratio (TTM) for today is 7.98.


Future  (FRA:FNWA) 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.

Future's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=3.40/0.426
=7.98

Future's share price for today is €3.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Future's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.426.

* 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.


Future EV-to-FCF Related Terms


Future EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Future'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.

Future EV-to-FCF Chart

Future Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.25 10.93 8.27 9.09 9.45

Future Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 9.09 0.00 9.45 0.00

FRA:FNWA vs NYT, WLY: EV-to-FCF Comparison

For the Publishing subindustry, Future'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.


Future EV-to-FCF vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Future's EV-to-FCF distribution charts can be found below:

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


FRA:FNWA
62GF Score
Future PLC FRA:FNWA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Future EV-to-FCF Calculation

Future's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=717.445/107.423
=6.68

Future's current Enterprise Value is €717.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Future's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €107.4 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 6.68 mean?
Future (FRA:FNWA) has a EV-to-FCF of 6.68 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Future and its competitors. This is 47% below median its historical median of 12.61. According to the industry distribution chart, Future ranks #193 out of 611 companies in the Media - Diversified industry, placing it in the top 31.6%.
Is Future's EV-to-FCF too high?
Future's current EV-to-FCF of 6.68 is 47% below median its 10-year median of 12.61. The Media - Diversified industry median EV-to-FCF is 11.47. Future's value of 6.68 is 41.8% below this industry median. Based on the distribution chart, Future ranks #193 out of 611 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Future has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Future's EV-to-FCF compare to NYT and WLY?
According to the Media - Diversified industry distribution chart, Future ranks #193 out of 611 companies for EV-to-FCF. This puts Future in the upper half of its industry. The industry median EV-to-FCF is 11.47. Future's value of 6.68 is 41.8% below this benchmark. While the company's 10-year median is 12.61 vs. the industry median of 11.47, Future has consistently been below 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 Media - Diversified company?
The median EV-to-FCF among Media - Diversified companies is 11.47, based on 611 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. Future's current EV-to-FCF of 6.68 is 41.8% below 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 Future and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Future's current EV-to-FCF is 6.68, which is 47% below median its own 10-year median of 12.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Future stock overvalued right now?
Based on GuruFocus' analysis, Future (FRA:FNWA) is currently considered Possible Value Trap. The stock's GF Value™ is €9.41, compared to a current price of €3.40 — trading 63.9% below its estimated fair value. The current EV-to-FCF is 6.68, which is 47% below median its 10-year median of 12.61 and 41.8% below the Media - Diversified industry median of 11.47. Future's overall GF Score™ is 62/100 with 6 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 Future (FRA:FNWA), the current EV-to-FCF is 6.68 as of Jul. 01, 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 Future (FRA:FNWA) Overvalued in 2026?

Based on GuruFocus' analysis, Future stock appears to be undervalued. The current stock price of €3.40 is trading 63.9% below its estimated GF Value™ of €9.41. GuruFocus considers Future to be Possible Value Trap.

Key valuation signals for FRA:FNWA:

  • EV-to-FCF: 6.68 (47% below median its 10-year median of 12.61)
  • GF Value™: €9.41 vs. price of €3.40 (63.9% below fair value)
  • GF Score™: 62/100 with 6 warning signs
  • Industry Position: 41.8% below the Media - Diversified median (#193 of 611)

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


Future Business Description

Other Exchanges FUTRl:UKFUTR:UK
Address Quay House, The Ambury, Bath, GBR, BA1 1UA
Future PLC is a platform for specialist media underpinned by proprietary technology and enabled by data, with diversified revenue streams. It focuses on various areas which include technology, games, films, music, and photography under brands such as Louder, Tom's Guide, PC Gamer, Digital Camera World, Marie Claire, and others. The company functions through the following divisions; the Media division which generates maximum revenue includes income from digital advertising, affiliate revenue for products, rewards, price comparison and events; and the Magazine division includes revenue associated with digital or printed magazines or bookazines from advertising, to subscriptions, to newstrade. Its reportable segments include the United Kingdom which derives key revenue, and the United States.
62GF Score

Get the complete analysis for FRA:FNWA

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

€3.40
Price
€9.41
GF Value