Ramsay Health CareFRA:RMY +0.76%81 EV-to-FCF is 33.53 as of Jul. 04, 2026, which is 8% below its 10-year median of 36.44. GuruFocus rates FRA:RMY with a GF Score™ of 81/100 and a GF Value™ of €30.90 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 406 Healthcare Providers & Services companies, Ramsay Health Care ranks worse than 72.91% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ramsay Health Care's Enterprise Value is €13,479 Mil.
Ramsay Health Care's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €402 Mil. Therefore, Ramsay Health Care's EV-to-FCF for today is 33.53.
The historical rank and industry rank for Ramsay Health Care's EV-to-FCF or its related term are showing as below:
FRA:RMY'
s EV-to-FCF Range Over the Past 10 Years
Min: 21.42 Med: 36.44 Max: 4058.34
Current: 30.9
During the past 13 years, the highest EV-to-FCF of Ramsay Health Care was 4058.34. The lowest was 21.42. And the median was 36.44.
FRA:RMY's EV-to-FCF is ranked worse than 72.91% of 406
companies
in the Healthcare Providers & Services industry
Industry Median: 17.73
vs FRA:RMY: 30.90
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.
Ramsay Health Care (FRA:RMY) 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.
Ramsay Health Care's PE Ratio (TTM) for today is calculated as:
Ramsay Health Care's share price for today is €26.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ramsay Health Care's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.714.
* 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.
Ramsay Health Care EV-to-FCF Related Terms
Ramsay Health Care EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ramsay Health Care'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 Medical Care Facilities subindustry, Ramsay Health Care'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.
Ramsay Health Care EV-to-FCF vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ramsay Health Care's EV-to-FCF falls into.
Ramsay Health Care's current Enterprise Value is €13,479 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ramsay Health Care's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €402 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.
Ramsay Health Care (FRA:RMY) has a EV-to-FCF of 33.53 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ramsay Health Care and its competitors. This is near median its historical median of 36.44. Over the past decade, Ramsay Health Care's EV-to-FCF has ranged from 21.42 to 4,058.34. According to the industry distribution chart, Ramsay Health Care ranks #296 out of 406 companies in the Healthcare Providers & Services industry, placing it in the top 72.9%.
Is Ramsay Health Care's EV-to-FCF too high?
Ramsay Health Care's current EV-to-FCF of 33.53 is near median its 10-year median of 36.44. Over the past 10 years, this metric has ranged from a low of 21.42 to a high of 4,058.34. The Healthcare Providers & Services industry median EV-to-FCF is 17.73. Ramsay Health Care's value of 33.53 is 89.1% above this industry median. Based on the distribution chart, Ramsay Health Care ranks #296 out of 406 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, Ramsay Health Care has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ramsay Health Care's EV-to-FCF compare to HCA and THC?
According to the Healthcare Providers & Services industry distribution chart, Ramsay Health Care ranks #296 out of 406 companies for EV-to-FCF. This places Ramsay Health Care in the lower half of its industry. The industry median EV-to-FCF is 17.73. Ramsay Health Care's value of 33.53 is 89.1% above this benchmark. Historically, Ramsay Health Care's own EV-to-FCF has ranged from 21.42 to 4,058.34 over the past decade. While the company's 10-year median is 36.44 vs. the industry median of 17.73, Ramsay Health Care 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 Healthcare Providers & Services company?
The median EV-to-FCF among Healthcare Providers & Services companies is 17.73, based on 406 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. Ramsay Health Care's current EV-to-FCF of 33.53 is 89.1% 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 Ramsay Health Care and its competitors. For the Healthcare Providers & Services industry, the median EV-to-FCF is 17.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramsay Health Care's current EV-to-FCF is 33.53, which is near median its own 10-year median of 36.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramsay Health Care stock overvalued right now?
Based on GuruFocus' analysis, Ramsay Health Care (FRA:RMY) is currently considered Modestly Undervalued. The stock's GF Value™ is €30.90, compared to a current price of €26.40 — trading 14.6% below its estimated fair value. The current EV-to-FCF is 33.53, which is near median its 10-year median of 36.44 and 89.1% above the Healthcare Providers & Services industry median of 17.73. Ramsay Health Care's overall GF Score™ is 81/100 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 Ramsay Health Care (FRA:RMY), the current EV-to-FCF is 33.53 as of Jul. 04, 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 Ramsay Health Care (FRA:RMY) Overvalued in 2026?
Based on GuruFocus' analysis, Ramsay Health Care stock appears to be undervalued.
The current stock price of €26.40 is trading 14.6% below its estimated GF Value™ of €30.90.
GuruFocus considers Ramsay Health Care to be Modestly Undervalued.
Key valuation signals for FRA:RMY:
EV-to-FCF: 33.53 (near median its 10-year median of 36.44)
GF Value™: €30.90 vs. price of €26.40 (14.6% below fair value)
Industry Position: 89.1% above the Healthcare Providers & Services median (#296 of 406)
No single metric tells the full story. See the FRA:RMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramsay Health Care is one of the largest private healthcare providers in the world, with more than 500 sites across about eight countries. The key markets in which it operates are Australia, France, the UK, and Sweden. It is the largest private hospital group in each of these markets except for the UK, where it is the largest independent supplier to the NHS. Ramsay Santé, which operates the European regions other than the UK, is a 53%-owned subsidiary of Ramsay Health Care. The company typically earns about two-thirds of consolidated earnings in Australia. Ramsay Health Care undertakes both private and publicly funded healthcare.
81GF Score
Get the complete analysis for FRA:RMY
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:RMY has been successfully added to your 
