ENEOS Holdings (FRA:JHJ) EV-to-FCF: 13.95 (As of Jul. 17, 2026) — 26% Above Median

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:JHJ ENEOS Holdings Inc FRA:JHJ
62 GF Score
Price €6.60
GF Value €4.49
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is ENEOS Holdings EV-to-FCF?

ENEOS Holdings FRA:JHJ -1.49% 62 EV-to-FCF is 13.95 as of Jul. 17, 2026, which is 26% above its 10-year median of 11.08. GuruFocus rates FRA:JHJ with a GF Score™ of 62/100 and a GF Value™ of €4.49 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 583 Oil & Gas companies, ENEOS Holdings ranks better than 54.2% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ENEOS Holdings's Enterprise Value is €28,925 Mil. ENEOS Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €2,073 Mil. Therefore, ENEOS Holdings's EV-to-FCF for today is 13.95.

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

FRA:JHJ' s EV-to-FCF Range Over the Past 10 Years
Min: -849.57   Med: 11.08   Max: 190.85
Current: 14.49

During the past 13 years, the highest EV-to-FCF of ENEOS Holdings was 190.85. The lowest was -849.57. And the median was 11.08.

FRA:JHJ's EV-to-FCF is ranked better than
54.2% of 583 companies
in the Oil & Gas industry
Industry Median: 15.75 vs FRA:JHJ: 14.49

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 (2026-07-17), ENEOS Holdings's stock price is €6.60. ENEOS Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.531. Therefore, ENEOS Holdings's PE Ratio (TTM) for today is 12.43.


ENEOS Holdings  (FRA:JHJ) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.60/0.531
=12.43

ENEOS Holdings's share price for today is €6.60.
ENEOS Holdings'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 €0.531.

* 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.


ENEOS Holdings EV-to-FCF Related Terms


ENEOS Holdings EV-to-FCF Historical Data

* Premium members only.

The historical data trend for ENEOS Holdings'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.

ENEOS Holdings EV-to-FCF Chart

ENEOS Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -95.50 -11.60 7.37 15.42 15.74

ENEOS Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 15.42 9.71 8.74 10.73 15.74

FRA:JHJ vs VLO, MPC, PSX: EV-to-FCF Comparison

For the Oil & Gas Refining & Marketing subindustry, ENEOS Holdings'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.


ENEOS Holdings EV-to-FCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ENEOS Holdings's EV-to-FCF distribution charts can be found below:

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


FRA:JHJ
62GF Score
ENEOS Holdings Inc FRA:JHJ
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ENEOS Holdings EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=28924.519/2072.845
=13.95

ENEOS Holdings's current Enterprise Value is €28,925 Mil.
ENEOS Holdings'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 €2,073 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 13.95 mean?
ENEOS Holdings (FRA:JHJ) has a EV-to-FCF of 13.95 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ENEOS Holdings and its competitors. This is 26% above median its historical median of 11.08. According to the industry distribution chart, ENEOS Holdings ranks #267 out of 583 companies in the Oil & Gas industry, placing it in the top 45.8%.
Is ENEOS Holdings' EV-to-FCF too high?
ENEOS Holdings' current EV-to-FCF of 13.95 is 26% above median its 10-year median of 11.08. The Oil & Gas industry median EV-to-FCF is 15.75. ENEOS Holdings' value of 13.95 is 11.4% below this industry median. Based on the distribution chart, ENEOS Holdings ranks #267 out of 583 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, ENEOS Holdings has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ENEOS Holdings' EV-to-FCF compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, ENEOS Holdings ranks #267 out of 583 companies for EV-to-FCF. This puts ENEOS Holdings in the upper half of its industry. The industry median EV-to-FCF is 15.75. ENEOS Holdings' value of 13.95 is 11.4% below this benchmark. While the company's 10-year median is 11.08 vs. the industry median of 15.75, ENEOS Holdings 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 an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.75, based on 583 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. ENEOS Holdings's current EV-to-FCF of 13.95 is 11.4% 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 ENEOS Holdings and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ENEOS Holdings's current EV-to-FCF is 13.95, which is 26% above median its own 10-year median of 11.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ENEOS Holdings stock overvalued right now?
Based on GuruFocus' analysis, ENEOS Holdings (FRA:JHJ) is currently considered Significantly Overvalued. The stock's GF Value™ is €4.49, compared to a current price of €6.60 — trading 47% above its estimated fair value. The current EV-to-FCF is 13.95, which is 26% above median its 10-year median of 11.08 and 11.4% below the Oil & Gas industry median of 15.75. ENEOS Holdings' overall GF Score™ is 62/100 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 ENEOS Holdings (FRA:JHJ), the current EV-to-FCF is 13.95 as of Jul. 17, 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 ENEOS Holdings (FRA:JHJ) Overvalued in 2026?

Based on GuruFocus' analysis, ENEOS Holdings stock appears to be overvalued. The current stock price of €6.60 is trading 47% above its estimated GF Value™ of €4.49. GuruFocus considers ENEOS Holdings to be Significantly Overvalued.

Key valuation signals for FRA:JHJ:

  • EV-to-FCF: 13.95 (26% above median its 10-year median of 11.08)
  • GF Value™: €4.49 vs. price of €6.60 (47% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 11.4% below the Oil & Gas median (#267 of 583)

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


ENEOS Holdings Business Description

Industry EnergyOil & Gas
Address 1-1-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-8162
ENEOS Holdings Inc is engaged in the energy and materials business through its group companies. The company operates six reportable segments: Petroleum Products and Other, Oil and Natural Gas Exploration and Development, Functional Materials, Electricity, Renewable Energy, and Others. Its operations include petroleum refining and sales, oil and gas exploration, production of synthetic and special rubber, power generation, and renewable energy activities such as wind and solar power. The Others segment covers asphalt paving, civil engineering, construction, and real estate rental businesses. It generates the majority of its revenue from the Petroleum Products segment.
62GF Score

Get the complete analysis for FRA:JHJ

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

€6.60
Price
€4.49
GF Value