REC Silicon ASA (FRA:R3Q) EV-to-FCF: -1.78 (As of Jul. 08, 2026)


FRA:R3Q REC Silicon ASA FRA:R3Q
39 GF Score
Price €0.01
GF Value €0.06
Valuation Possible Value Trap
! 8 Warning Signs
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What is REC Silicon ASA EV-to-FCF?

REC Silicon ASA FRA:R3Q 39 EV-to-FCF is -1.78 as of Jul. 08, 2026. GuruFocus rates FRA:R3Q with a GF Score™ of 39/100 and a GF Value™ of €0.06 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 504 Semiconductors companies, REC Silicon ASA ranks worse than 198412.5% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, REC Silicon ASA's Enterprise Value is €99.01 Mil. REC Silicon ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-55.73 Mil. Therefore, REC Silicon ASA's EV-to-FCF for today is -1.78.

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

FRA:R3Q' s EV-to-FCF Range Over the Past 10 Years
Min: -223.82   Med: -6.91   Max: 279.84
Current: -2.08

During the past 13 years, the highest EV-to-FCF of REC Silicon ASA was 279.84. The lowest was -223.82. And the median was -6.91.

FRA:R3Q's EV-to-FCF is ranked worse than
100% of 504 companies
in the Semiconductors industry
Industry Median: 47.185 vs FRA:R3Q: -2.08

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 (2026-07-08), REC Silicon ASA's stock price is €0.0133. REC Silicon ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.087. Therefore, REC Silicon ASA's PE Ratio (TTM) for today is At Loss.


REC Silicon ASA  (FRA:R3Q) 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.

REC Silicon ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.0133/-0.087
=At Loss

REC Silicon ASA's share price for today is €0.0133.
REC Silicon ASA'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 €-0.087.

* 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.


REC Silicon ASA EV-to-FCF Related Terms


REC Silicon ASA EV-to-FCF Historical Data

* Premium members only.

The historical data trend for REC Silicon ASA'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.

REC Silicon ASA EV-to-FCF Chart

REC Silicon ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.32 -5.82 -2.82 -2.27 -5.96

REC Silicon ASA 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 -0.44 -0.77 -0.84 -5.96 -4.13

FRA:R3Q vs TRT, SODI, RBCN: EV-to-FCF Comparison

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.


REC Silicon ASA EV-to-FCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's EV-to-FCF distribution charts can be found below:

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


FRA:R3Q
39GF Score
REC Silicon ASA FRA:R3Q
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

REC Silicon ASA EV-to-FCF Calculation

REC Silicon ASA's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=99.006/-55.729
=-1.78

REC Silicon ASA's current Enterprise Value is €99.01 Mil.
REC Silicon ASA'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 €-55.73 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 -1.78 mean?
REC Silicon ASA (FRA:R3Q) has a EV-to-FCF of -1.78 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on REC Silicon ASA and its competitors. According to the industry distribution chart, REC Silicon ASA ranks #999999 out of 504 companies in the Semiconductors industry.
Is REC Silicon ASA's EV-to-FCF too high?
REC Silicon ASA's current EV-to-FCF is -1.78. Based on the distribution chart, REC Silicon ASA ranks #999999 out of 504 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, REC Silicon ASA has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does REC Silicon ASA's EV-to-FCF compare to TRT and SODI?
According to the Semiconductors industry distribution chart, REC Silicon ASA ranks #999999 out of 504 companies for EV-to-FCF. This places REC Silicon ASA in the lower half of its industry. The industry median EV-to-FCF is 47.19. 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 Semiconductors company?
The median EV-to-FCF among Semiconductors companies is 47.19, based on 504 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 REC Silicon ASA and its competitors. For the Semiconductors industry, the median EV-to-FCF is 47.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. REC Silicon ASA's current EV-to-FCF is -1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is REC Silicon ASA stock overvalued right now?
Based on GuruFocus' analysis, REC Silicon ASA (FRA:R3Q) is currently considered Possible Value Trap. The stock's GF Value™ is €0.06, compared to a current price of €0.01 — trading 77.8% below its estimated fair value. The current EV-to-FCF is -1.78. REC Silicon ASA's overall GF Score™ is 39/100 with 8 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 REC Silicon ASA (FRA:R3Q), the current EV-to-FCF is -1.78 as of Jul. 08, 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 REC Silicon ASA (FRA:R3Q) Overvalued in 2026?

Based on GuruFocus' analysis, REC Silicon ASA stock appears to be undervalued. The current stock price of €0.01 is trading 77.8% below its estimated GF Value™ of €0.06. GuruFocus considers REC Silicon ASA to be Possible Value Trap.

Key valuation signals for FRA:R3Q:

  • EV-to-FCF: -1.78
  • GF Value™: €0.06 vs. price of €0.01 (77.8% below fair value)
  • GF Score™: 39/100 with 8 warning signs

No single metric tells the full story. See the FRA:R3Q stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


REC Silicon ASA Business Description

Address Lysaker Torg 5, 3. etg, PO Box 63, Lysaker, NOR, 1324
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon, and Silicon gases. It operates in two segments, namely Solar Materials and Semiconductor Materials. The majority of the firm's revenue is generated through the Semiconductor Materials segment. The company operates geographically in the USA, Korea, China, Taiwan, Japan, France, Singapore, Denmark, Malaysia, Belgium, Ireland, India, Israel, Vietnam, Norway,and Other North American countries, with majority of revenue from the USA.
39GF Score

Get the complete analysis for FRA:R3Q

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

€0.01
Price
€0.06
GF Value