PerpetualFRA:PVQ +1.83%70 EV-to-FCF is 12.70 as of Jul. 06, 2026, which is 4% above its 10-year median of 12.21. GuruFocus rates FRA:PVQ with a GF Score™ of 70/100 and a GF Value™ of €12.88 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 938 Asset Management companies, Perpetual ranks better than 57.46% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Perpetual's Enterprise Value is €1,654.4 Mil.
Perpetual's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €130.3 Mil. Therefore, Perpetual's EV-to-FCF for today is 12.70.
The historical rank and industry rank for Perpetual's EV-to-FCF or its related term are showing as below:
FRA:PVQ'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.35 Med: 12.21 Max: 25.14
Current: 12.05
During the past 13 years, the highest EV-to-FCF of Perpetual was 25.14. The lowest was 5.35. And the median was 12.21.
FRA:PVQ's EV-to-FCF is ranked better than 57.46% of 938
companies
in the Asset Management industry
Industry Median: 14.55
vs FRA:PVQ: 12.05
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.
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.
Perpetual's share price for today is €11.10.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Perpetual's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.091.
* 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.
Perpetual EV-to-FCF Related Terms
Perpetual EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Perpetual'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 Asset Management subindustry, Perpetual'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.
Perpetual EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Perpetual's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Perpetual's EV-to-FCF falls into.
Perpetual's current Enterprise Value is €1,654.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Perpetual's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €130.3 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.
Perpetual (FRA:PVQ) has a EV-to-FCF of 12.70 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Perpetual and its competitors. This is near median its historical median of 12.21. Over the past decade, Perpetual's EV-to-FCF has ranged from 5.35 to 25.14. According to the industry distribution chart, Perpetual ranks #399 out of 938 companies in the Asset Management industry, placing it in the top 42.5%.
Is Perpetual's EV-to-FCF too high?
Perpetual's current EV-to-FCF of 12.70 is near median its 10-year median of 12.21. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 25.14. The Asset Management industry median EV-to-FCF is 14.55. Perpetual's value of 12.70 is 12.7% below this industry median. Based on the distribution chart, Perpetual ranks #399 out of 938 companies in the Asset Management industry, which is above the industry midpoint. Overall, Perpetual has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perpetual's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Perpetual ranks #399 out of 938 companies for EV-to-FCF. This puts Perpetual in the upper half of its industry. The industry median EV-to-FCF is 14.55. Perpetual's value of 12.70 is 12.7% below this benchmark. Historically, Perpetual's own EV-to-FCF has ranged from 5.35 to 25.14 over the past decade. While the company's 10-year median is 12.21 vs. the industry median of 14.55, Perpetual 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.55, based on 938 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. Perpetual's current EV-to-FCF of 12.70 is 12.7% 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 Perpetual and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perpetual's current EV-to-FCF is 12.70, which is near median its own 10-year median of 12.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual stock overvalued right now?
Based on GuruFocus' analysis, Perpetual (FRA:PVQ) is currently considered Modestly Undervalued. The stock's GF Value™ is €12.88, compared to a current price of €11.10 — trading 13.8% below its estimated fair value. The current EV-to-FCF is 12.70, which is near median its 10-year median of 12.21 and 12.7% below the Asset Management industry median of 14.55. Perpetual's overall GF Score™ is 70/100 with 9 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 Perpetual (FRA:PVQ), the current EV-to-FCF is 12.70 as of Jul. 06, 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 Perpetual (FRA:PVQ) Overvalued in 2026?
Based on GuruFocus' analysis, Perpetual stock appears to be undervalued.
The current stock price of €11.10 is trading 13.8% below its estimated GF Value™ of €12.88.
GuruFocus considers Perpetual to be Modestly Undervalued.
Key valuation signals for FRA:PVQ:
EV-to-FCF: 12.70 (near median its 10-year median of 12.21)
GF Value™: €12.88 vs. price of €11.10 (13.8% below fair value)
Industry Position: 12.7% below the Asset Management median (#399 of 938)
No single metric tells the full story. See the FRA:PVQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perpetual is one of Australia's oldest financial-services firms, founded in 1886. It has three operating segments, with the investments business being the main earnings generator. It is an active manager of listed assets. Perpetual also provides financial planning services to high-net-worth clients via its private wealth segment, though this business is currently being sold. In its trust segment, it provides outsourced responsible entity services to funds, as well as custodial and trustee services in the debt capital markets, particularly in securitization issuances.
70GF Score
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