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NelnetFRA:NIJ 67 EV-to-FCF is 33.53 as of Jul. 27, 2026, which is 31% below its 10-year median of 48.83. GuruFocus rates FRA:NIJ with a GF Score™ of 67/100 and a GF Value™ of €130.29 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 268 Credit Services companies, Nelnet ranks worse than 69.4% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nelnet's Enterprise Value is €10,659 Mil.
Nelnet's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €318 Mil. Therefore, Nelnet's EV-to-FCF for today is 33.53.
The historical rank and industry rank for Nelnet's EV-to-FCF or its related term are showing as below:
FRA:NIJ'
s EV-to-FCF Range Over the Past 10 Years
Min: -501.36 Med: 48.83 Max: 362.22
Current: 32.73
During the past 13 years, the highest EV-to-FCF of Nelnet was 362.22. The lowest was -501.36. And the median was 48.83.
FRA:NIJ's EV-to-FCF is ranked worse than 69.4% of 268
companies
in the Credit Services industry
Industry Median: 13.9
vs FRA:NIJ: 32.73
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 (2026-07-27), Nelnet's stock price is €115.00.
Nelnet's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €9.884. Therefore, Nelnet's PE Ratio (TTM) for today is 11.63.
Nelnet (FRA:NIJ) 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.
Nelnet's share price for today is €115.00.
Nelnet'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 €9.884.
* 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.
Nelnet EV-to-FCF Related Terms
Nelnet EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Nelnet'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 Credit Services subindustry, Nelnet'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.
Nelnet EV-to-FCF vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Nelnet's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Nelnet's EV-to-FCF falls into.
Nelnet's current Enterprise Value is €10,659 Mil.
Nelnet'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 €318 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.
Nelnet (FRA:NIJ) has a EV-to-FCF of 33.53 as of Jul. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nelnet and its competitors. This is 31% below median its historical median of 48.83. According to the industry distribution chart, Nelnet ranks #186 out of 268 companies in the Credit Services industry, placing it in the top 69.4%.
Is Nelnet's EV-to-FCF too high?
Nelnet's current EV-to-FCF of 33.53 is 31% below median its 10-year median of 48.83. The Credit Services industry median EV-to-FCF is 13.90. Nelnet's value of 33.53 is 141.2% above this industry median. Based on the distribution chart, Nelnet ranks #186 out of 268 companies in the Credit Services industry, which is below the industry midpoint. Overall, Nelnet has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nelnet's EV-to-FCF compare to SLM and SEZL?
According to the Credit Services industry distribution chart, Nelnet ranks #186 out of 268 companies for EV-to-FCF. This places Nelnet in the lower half of its industry. The industry median EV-to-FCF is 13.90. Nelnet's value of 33.53 is 141.2% above this benchmark. While the company's 10-year median is 48.83 vs. the industry median of 13.90, Nelnet 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 Credit Services company?
The median EV-to-FCF among Credit Services companies is 13.90, based on 268 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. Nelnet's current EV-to-FCF of 33.53 is 141.2% 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 Nelnet and its competitors. For the Credit Services industry, the median EV-to-FCF is 13.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nelnet's current EV-to-FCF is 33.53, which is 31% below median its own 10-year median of 48.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelnet stock overvalued right now?
Based on GuruFocus' analysis, Nelnet (FRA:NIJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €130.29, compared to a current price of €115.00 — trading 11.7% below its estimated fair value. The current EV-to-FCF is 33.53, which is 31% below median its 10-year median of 48.83 and 141.2% above the Credit Services industry median of 13.90. Nelnet's overall GF Score™ is 67/100 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 Nelnet (FRA:NIJ), the current EV-to-FCF is 33.53 as of Jul. 27, 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 Nelnet (FRA:NIJ) Overvalued in 2026?
Based on GuruFocus' analysis, Nelnet stock appears to be undervalued.
The current stock price of €115.00 is trading 11.7% below its estimated GF Value™ of €130.29.
GuruFocus considers Nelnet to be Modestly Undervalued.
Key valuation signals for FRA:NIJ:
EV-to-FCF: 33.53 (31% below median its 10-year median of 48.83)
GF Value™: €130.29 vs. price of €115.00 (11.7% below fair value)
Industry Position: 141.2% above the Credit Services median (#186 of 268)
No single metric tells the full story. See the FRA:NIJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelnet Inc is a United States based company engaged in these four reportable segments; Loan Servicing and Systems, which focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology Services and Payments segment provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management segment includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Maximum revenue for the company is generated from its Asset Generation and Management.
67GF Score
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