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HashKey HoldingsFRA:QO1 -0.68%11 EV-to-FCF is -7.05 as of Sep. 01, 2026. GuruFocus rates FRA:QO1 with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 419 Capital Markets companies, HashKey Holdings ranks worse than 238663.25% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, HashKey Holdings's Enterprise Value is €539.53 Mil.
HashKey Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-76.56 Mil. Therefore, HashKey Holdings's EV-to-FCF for today is -7.05.
The historical rank and industry rank for HashKey Holdings's EV-to-FCF or its related term are showing as below:
FRA:QO1'
s EV-to-FCF Range Over the Past 10 Years
Min: -84.52 Med: -4.37 Max: 0.81
Current: -7.04
During the past 4 years, the highest EV-to-FCF of HashKey Holdings was 0.81. The lowest was -84.52. And the median was -4.37.
FRA:QO1's EV-to-FCF is ranked worse than 100% of 419
companies
in the Capital Markets industry
Industry Median: 10.21
vs FRA:QO1: -7.04
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.
HashKey Holdings's PE Ratio (TTM) for today is calculated as:
HashKey Holdings's share price for today is €0.2614.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HashKey Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.028.
* 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.
HashKey Holdings EV-to-FCF Related Terms
HashKey Holdings EV-to-FCF Historical Data
* Premium members only.
The historical data trend for HashKey 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.
For the Financial Data & Stock Exchanges subindustry, HashKey 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.
HashKey Holdings EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, HashKey Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where HashKey Holdings's EV-to-FCF falls into.
HashKey Holdings's current Enterprise Value is €539.53 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HashKey Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-76.56 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.
HashKey Holdings (FRA:QO1) has a EV-to-FCF of -7.05 as of Sep. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on HashKey Holdings and its competitors. According to the industry distribution chart, HashKey Holdings ranks #999999 out of 419 companies in the Capital Markets industry.
Is HashKey Holdings' EV-to-FCF too high?
HashKey Holdings' current EV-to-FCF is -7.05. Based on the distribution chart, HashKey Holdings ranks #999999 out of 419 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, HashKey Holdings has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does HashKey Holdings' EV-to-FCF compare to SPGI and CME?
According to the Capital Markets industry distribution chart, HashKey Holdings ranks #999999 out of 419 companies for EV-to-FCF. This places HashKey Holdings in the lower half of its industry. The industry median EV-to-FCF is 10.21. 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 Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 10.21, based on 419 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. 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 HashKey Holdings and its competitors. For the Capital Markets industry, the median EV-to-FCF is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HashKey Holdings's current EV-to-FCF is -7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HashKey Holdings stock overvalued right now?
HashKey Holdings (FRA:QO1) has a current EV-to-FCF of -7.05. The current EV-to-FCF is -7.05. HashKey Holdings' overall GF Score™ is 11/100 with 5 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 HashKey Holdings (FRA:QO1), the current EV-to-FCF is -7.05 as of Sep. 01, 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.
HashKey Holdings Ltd is an investment holding company, principally engaged in digital asset exchange custody, asset management, and related blockchain infrastructure services. The Group's business includes licensed digital asset trading platforms, brokerage services, custody solutions, asset management products, and technology services provided to institutional and professional clients. The company's business segments are: Transaction facilitation services, On-chain services, and Asset management services. It derived the majority of revenue from the Transaction facilitation services segment, covering digital asset exchange services, brokerage services, and custody services. Geographically, it derived the maximum revenue from Hong Kong.
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