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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, IPAS Indexo's Enterprise Value is €199.45 Mil.
IPAS Indexo's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-34.54 Mil. Therefore, IPAS Indexo's EV-to-FCF for today is -5.77.
The historical rank and industry rank for IPAS Indexo's EV-to-FCF or its related term are showing as below:
FRA:S9S'
s EV-to-FCF Range Over the Past 10 Years
Min: -113.07 Med: -8.89 Max: 81.35
Current: -5.9
During the past 8 years, the highest EV-to-FCF of IPAS Indexo was 81.35. The lowest was -113.07. And the median was -8.89.
FRA:S9S's EV-to-FCF is ranked worse than 100% of 935
companies
in the Asset Management industry
Industry Median: 14.5
vs FRA:S9S: -5.90
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.
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.
IPAS Indexo's PE Ratio (TTM) for today is calculated as:
IPAS Indexo's share price for today is €8.18.
IPAS Indexo'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 €-0.960.
* 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.
IPAS Indexo EV-to-FCF Related Terms
IPAS Indexo EV-to-FCF Historical Data
* Premium members only.
The historical data trend for IPAS Indexo'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, IPAS Indexo'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.
IPAS Indexo EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, IPAS Indexo's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where IPAS Indexo's EV-to-FCF falls into.
IPAS Indexo's current Enterprise Value is €199.45 Mil.
IPAS Indexo'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 €-34.54 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.
IPAS Indexo (FRA:S9S) has a EV-to-FCF of -5.77 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on IPAS Indexo and its competitors. According to the industry distribution chart, IPAS Indexo ranks #999999 out of 935 companies in the Asset Management industry.
Is IPAS Indexo's EV-to-FCF too high?
IPAS Indexo's current EV-to-FCF is -5.77. Based on the distribution chart, IPAS Indexo ranks #999999 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, IPAS Indexo has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does IPAS Indexo's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, IPAS Indexo ranks #999999 out of 935 companies for EV-to-FCF. This places IPAS Indexo in the lower half of its industry. The industry median EV-to-FCF is 14.50. 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 14.50, based on 935 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 IPAS Indexo and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IPAS Indexo's current EV-to-FCF is -5.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IPAS Indexo stock overvalued right now?
IPAS Indexo (FRA:S9S) has a current EV-to-FCF of -5.77. The stock's GF Value™ is €14.29, compared to a current price of €8.18 — trading 42.8% below its estimated fair value. The current EV-to-FCF is -5.77. IPAS Indexo's overall GF Score™ is 71/100 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 IPAS Indexo (FRA:S9S), the current EV-to-FCF is -5.77 as of Jul. 16, 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 IPAS Indexo (FRA:S9S) Overvalued in 2026?
Based on GuruFocus' analysis, IPAS Indexo stock appears to be undervalued.
The current stock price of €8.18 is trading 42.8% below its estimated GF Value™ of €14.29.
Key valuation signals for FRA:S9S:
EV-to-FCF: -5.77
GF Value™: €14.29 vs. price of €8.18 (42.8% below fair value)
No single metric tells the full story. See the FRA:S9S stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IPAS Indexo is a licensed investment management company. Along with its subsidiaries, it operates in the following segments: Asset management, Bank development, and Non-bank lending. Maximum revenue is generated from the Asset Management segment, which includes management of the assets of state-funded pension scheme investment plans and private pension scheme investment plans. The Bank development segment represents the income generated from the provision of various banking services (including accepting deposits, granting loans, offering payment solutions, issuing credit cards, etc.) by its banking subsidiary, and the Non-bank lending represents its non-bank lending activities. Geographically, the group's maximum revenue is generated from Latvia, and rest from the European Economic Area.
71GF Score
Get the complete analysis for FRA:S9S
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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