Matrix Service Co (FRA:MX2) EV-to-FCF: 2.23 (As of Aug. 03, 2026) — 27% Below Median

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FRA:MX2 Matrix Service Co FRA:MX2
65 GF Score
Price €9.70
GF Value €10.65
! 3 Warning Signs
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What is Matrix Service Co EV-to-FCF?

Matrix Service Co FRA:MX2 +2.65% 65 EV-to-FCF is 2.23 as of Aug. 03, 2026, which is 27% below its 10-year median of 3.05. GuruFocus rates FRA:MX2 with a GF Score™ of 65/100 and a GF Value™ of €10.65. The stock has 3 warning signs investors should review. Among 1,101 Construction companies, Matrix Service Co ranks better than 90.37% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Matrix Service Co's Enterprise Value is €97.2 Mil. Matrix Service Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €43.7 Mil. Therefore, Matrix Service Co's EV-to-FCF for today is 2.23.

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

FRA:MX2' s EV-to-FCF Range Over the Past 10 Years
Min: -59.18   Med: 3.05   Max: 260.45
Current: 2.24

During the past 13 years, the highest EV-to-FCF of Matrix Service Co was 260.45. The lowest was -59.18. And the median was 3.05.

FRA:MX2's EV-to-FCF is ranked better than
90.37% of 1101 companies
in the Construction industry
Industry Median: 13.12 vs FRA:MX2: 2.24

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 (2026-08-03), Matrix Service Co's stock price is €9.70. Matrix Service Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.458. Therefore, Matrix Service Co's PE Ratio (TTM) for today is At Loss.


Matrix Service Co  (FRA:MX2) 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.

Matrix Service Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.70/-0.458
=At Loss

Matrix Service Co's share price for today is €9.70.
Matrix Service Co'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 €-0.458.

* 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.


Matrix Service Co EV-to-FCF Related Terms


Matrix Service Co EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Matrix Service Co'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.

Matrix Service Co EV-to-FCF Chart

Matrix Service Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.23 -2.15 112.94 2.72 1.55

Matrix Service Co 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 1.53 1.55 2.71 3.29 2.17

FRA:MX2 vs ESOA, PHOE, BWMN: EV-to-FCF Comparison

For the Engineering & Construction subindustry, Matrix Service Co'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.


Matrix Service Co EV-to-FCF vs Construction Industry

For the Construction industry and Industrials sector, Matrix Service Co's EV-to-FCF distribution charts can be found below:

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


FRA:MX2
65GF Score
Matrix Service Co FRA:MX2
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Matrix Service Co EV-to-FCF Calculation

Matrix Service Co's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=97.219/43.675
=2.23

Matrix Service Co's current Enterprise Value is €97.2 Mil.
Matrix Service Co'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 €43.7 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 2.23 mean?
Matrix Service Co (FRA:MX2) has a EV-to-FCF of 2.23 as of Aug. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Matrix Service Co and its competitors. This is 27% below median its historical median of 3.05. According to the industry distribution chart, Matrix Service Co ranks #106 out of 1101 companies in the Construction industry, placing it in the top 9.6%.
Is Matrix Service Co's EV-to-FCF too high?
Matrix Service Co's current EV-to-FCF of 2.23 is 27% below median its 10-year median of 3.05. The Construction industry median EV-to-FCF is 13.12. Matrix Service Co's value of 2.23 is 83% below this industry median. Based on the distribution chart, Matrix Service Co ranks #106 out of 1101 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Matrix Service Co has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Service Co's EV-to-FCF compare to ESOA and PHOE?
According to the Construction industry distribution chart, Matrix Service Co ranks #106 out of 1101 companies for EV-to-FCF. This places Matrix Service Co in the top 10% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 13.12. Matrix Service Co's value of 2.23 is 83% below this benchmark. While the company's 10-year median is 3.05 vs. the industry median of 13.12, Matrix Service Co 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 Construction company?
The median EV-to-FCF among Construction companies is 13.12, based on 1,101 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. Matrix Service Co's current EV-to-FCF of 2.23 is 83% 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 Matrix Service Co and its competitors. For the Construction industry, the median EV-to-FCF is 13.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Service Co's current EV-to-FCF is 2.23, which is 27% below median its own 10-year median of 3.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Service Co stock overvalued right now?
Matrix Service Co (FRA:MX2) has a current EV-to-FCF of 2.23. The stock's GF Value™ is €10.65, compared to a current price of €9.70 — trading 8.9% below its estimated fair value. The current EV-to-FCF is 2.23, which is 27% below median its 10-year median of 3.05 and 83% below the Construction industry median of 13.12. Matrix Service Co's overall GF Score™ is 65/100 with 3 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 Matrix Service Co (FRA:MX2), the current EV-to-FCF is 2.23 as of Aug. 03, 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 Matrix Service Co (FRA:MX2) Overvalued in 2026?

Based on GuruFocus' analysis, Matrix Service Co stock appears to be undervalued. The current stock price of €9.70 is trading 8.9% below its estimated GF Value™ of €10.65.

Key valuation signals for FRA:MX2:

  • EV-to-FCF: 2.23 (27% below median its 10-year median of 3.05)
  • GF Value™: €10.65 vs. price of €9.70 (8.9% below fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 83% below the Construction median (#106 of 1101)

No single metric tells the full story. See the FRA:MX2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matrix Service Co Business Description

Other Exchanges MTRX:USA
Address 15 East 5th Street, Suite 1100, Tulsa, OK, USA, 74103
Matrix Service Co provides engineering, fabrication, construction, maintenance, and repair services prominently to the energy and industrial markets. The company operates through three main segments: Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. These segments cover services like building and maintaining storage tanks and terminals, supporting power delivery and new power generation projects including renewables, as well as plant maintenance and turnarounds for refining and petrochemical industries. Matrix generates revenue by delivering these services to clients in oil, gas, power, and petrochemical sectors across North America and internationally.
65GF Score

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

€9.70
Price
€10.65
GF Value