Maximus (FRA:MMY) EV-to-FCF: 13.32 (As of Jul. 30, 2026) — 21% Below Median

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FRA:MMY Maximus Inc FRA:MMY
73 GF Score
Price €54.50
GF Value €82.33
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Maximus EV-to-FCF?

Maximus FRA:MMY +2.83% 73 EV-to-FCF is 13.32 as of Jul. 30, 2026, which is 21% below its 10-year median of 16.82. GuruFocus rates FRA:MMY with a GF Score™ of 73/100 and a GF Value™ of €82.33 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 718 Business Services companies, Maximus ranks better than 50.42% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Maximus's Enterprise Value is €4,206 Mil. Maximus's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €316 Mil. Therefore, Maximus's EV-to-FCF for today is 13.32.

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

FRA:MMY' s EV-to-FCF Range Over the Past 10 Years
Min: -47.45   Med: 16.82   Max: 73.67
Current: 12.87

During the past 13 years, the highest EV-to-FCF of Maximus was 73.67. The lowest was -47.45. And the median was 16.82.

FRA:MMY's EV-to-FCF is ranked better than
50.42% of 718 companies
in the Business Services industry
Industry Median: 12.94 vs FRA:MMY: 12.87

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 (2026-07-30), Maximus's stock price is €54.50. Maximus's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €5.747. Therefore, Maximus's PE Ratio (TTM) for today is 9.48.


Maximus  (FRA:MMY) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=54.50/5.747
=9.48

Maximus's share price for today is €54.50.
Maximus'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 €5.747.

* 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.


Maximus EV-to-FCF Related Terms


Maximus EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Maximus'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.

Maximus EV-to-FCF Chart

Maximus 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 13.99 21.32 26.47 16.75 17.01

Maximus 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 24.45 -39.47 17.01 28.57 13.10

FRA:MMY vs FA, ABM, CMPR: EV-to-FCF Comparison

For the Specialty Business Services subindustry, Maximus'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.


Maximus EV-to-FCF vs Business Services Industry

For the Business Services industry and Industrials sector, Maximus's EV-to-FCF distribution charts can be found below:

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


FRA:MMY
73GF Score
Maximus Inc FRA:MMY
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maximus EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=4206.316/315.789
=13.32

Maximus's current Enterprise Value is €4,206 Mil.
Maximus'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 €316 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 13.32 mean?
Maximus (FRA:MMY) has a EV-to-FCF of 13.32 as of Jul. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Maximus and its competitors. This is 21% below median its historical median of 16.82. According to the industry distribution chart, Maximus ranks #356 out of 718 companies in the Business Services industry, placing it in the top 49.6%.
Is Maximus' EV-to-FCF too high?
Maximus' current EV-to-FCF of 13.32 is 21% below median its 10-year median of 16.82. The Business Services industry median EV-to-FCF is 12.94. Maximus' value of 13.32 is 2.9% above this industry median. Based on the distribution chart, Maximus ranks #356 out of 718 companies in the Business Services industry, which is above the industry midpoint. Overall, Maximus has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Maximus' EV-to-FCF compare to FA and ABM?
According to the Business Services industry distribution chart, Maximus ranks #356 out of 718 companies for EV-to-FCF. This puts Maximus in the upper half of its industry. The industry median EV-to-FCF is 12.94. Maximus' value of 13.32 is 2.9% above this benchmark. While the company's 10-year median is 16.82 vs. the industry median of 12.94, Maximus 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 Business Services company?
The median EV-to-FCF among Business Services companies is 12.94, based on 718 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. Maximus's current EV-to-FCF of 13.32 is 2.9% 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 Maximus and its competitors. For the Business Services industry, the median EV-to-FCF is 12.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maximus's current EV-to-FCF is 13.32, which is 21% below median its own 10-year median of 16.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maximus stock overvalued right now?
Based on GuruFocus' analysis, Maximus (FRA:MMY) is currently considered Significantly Undervalued. The stock's GF Value™ is €82.33, compared to a current price of €54.50 — trading 33.8% below its estimated fair value. The current EV-to-FCF is 13.32, which is 21% below median its 10-year median of 16.82 and 2.9% above the Business Services industry median of 12.94. Maximus' overall GF Score™ is 73/100 with 1 warning sign 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 Maximus (FRA:MMY), the current EV-to-FCF is 13.32 as of Jul. 30, 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 Maximus (FRA:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Maximus stock appears to be undervalued. The current stock price of €54.50 is trading 33.8% below its estimated GF Value™ of €82.33. GuruFocus considers Maximus to be Significantly Undervalued.

Key valuation signals for FRA:MMY:

  • EV-to-FCF: 13.32 (21% below median its 10-year median of 16.82)
  • GF Value™: €82.33 vs. price of €54.50 (33.8% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 2.9% above the Business Services median (#356 of 718)

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


Maximus Business Description

Other Exchanges MMS:USA
Address 1600 Tysons Boulevard, McLean, VA, USA, 22102
Maximus Inc designs, develops, and delivers programs enabling people to access vital government services. It translates health and human services public policy into operating models that achieve outcomes for governments at scale. The company covers a broad array of services, including the operation of large health insurance eligibility and enrollment programs; clinical services, including assessments, appeals, and independent medical reviews; and technology services. The company operates through the following segments: U.S. Federal Services, U.S. Services, and Outside the U.S. A majority of its revenue is derived from the U.S. Federal Services segment, which engages with various U.S. federal government agencies to deliver clinical services, maintenance services, and technology solutions.
73GF Score

Get the complete analysis for FRA:MMY

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

€54.50
Price
€82.33
GF Value