ZTEFRA:FZM -0.02%83 EV-to-FCF is -50.55 as of Jul. 07, 2026. GuruFocus rates FRA:FZM with a GF Score™ of 83/100 and a GF Value™ of €2.65 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,328 Hardware companies, ZTE ranks worse than 75301.13% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ZTE's Enterprise Value is €23,481 Mil.
ZTE's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-465 Mil. Therefore, ZTE's EV-to-FCF for today is -50.55.
The historical rank and industry rank for ZTE's EV-to-FCF or its related term are showing as below:
FRA:FZM'
s EV-to-FCF Range Over the Past 10 Years
Min: -4347.73 Med: 15.02 Max: 8374.82
Current: -48.69
During the past 13 years, the highest EV-to-FCF of ZTE was 8374.82. The lowest was -4347.73. And the median was 15.02.
FRA:FZM's EV-to-FCF is ranked worse than 100% of 1328
companies
in the Hardware industry
Industry Median: 23.74
vs FRA:FZM: -48.69
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 (2026-07-07), ZTE's stock price is €2.537.
ZTE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.113. Therefore, ZTE's PE Ratio (TTM) for today is 22.45.
ZTE (FRA:FZM) 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.
ZTE's share price for today is €2.537.
ZTE'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 €0.113.
* 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.
ZTE EV-to-FCF Related Terms
ZTE EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ZTE'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 Communication Equipment subindustry, ZTE'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.
ZTE EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, ZTE's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ZTE's EV-to-FCF falls into.
ZTE's current Enterprise Value is €23,481 Mil.
ZTE'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 €-465 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.
ZTE (FRA:FZM) has a EV-to-FCF of -50.55 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ZTE and its competitors. According to the industry distribution chart, ZTE ranks #999999 out of 1328 companies in the Hardware industry.
Is ZTE's EV-to-FCF too high?
ZTE's current EV-to-FCF is -50.55. Based on the distribution chart, ZTE ranks #999999 out of 1328 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ZTE has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does ZTE's EV-to-FCF compare to CSCO and CIEN?
According to the Hardware industry distribution chart, ZTE ranks #999999 out of 1328 companies for EV-to-FCF. This places ZTE in the lower half of its industry. The industry median EV-to-FCF is 23.74. 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 23.74, 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 ZTE and its competitors. For the Hardware industry, the median EV-to-FCF is 23.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZTE's current EV-to-FCF is -50.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZTE stock overvalued right now?
Based on GuruFocus' analysis, ZTE (FRA:FZM) is currently considered Fairly Valued. The stock's GF Value™ is €2.65, compared to a current price of €2.54 — trading 4.3% below its estimated fair value. The current EV-to-FCF is -50.55. ZTE's overall GF Score™ is 83/100 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 ZTE (FRA:FZM), the current EV-to-FCF is -50.55 as of Jul. 07, 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 ZTE (FRA:FZM) Overvalued in 2026?
Based on GuruFocus' analysis, ZTE stock appears to be undervalued.
The current stock price of €2.54 is trading 4.3% below its estimated GF Value™ of €2.65.
GuruFocus considers ZTE to be Fairly Valued.
Key valuation signals for FRA:FZM:
EV-to-FCF: -50.55
GF Value™: €2.65 vs. price of €2.54 (4.3% below fair value)
No single metric tells the full story. See the FRA:FZM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZTE Corp is a provider of integrated telecommunications and IT solutions with a full range of end-to-end ICT products and solutions integrating design, development, production, sales, and services with a special focus on carriers networks, government and corporate business, and consumer business. It operates in three segments Carriers network, Consumer Business, and Government and Corporate Business. It generates a majority of its revenue from equipment supporting carriers' networks. It has a presence in the PRC, Asia, Africa, Europe, and the Americas. It generates the majority of its revenue from the PRC region.
83GF Score
Get the complete analysis for FRA:FZM
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:FZM has been successfully added to your 
