OneSpanFRA:VDY 67 EV-to-FCF is 11.13 as of Jul. 12, 2026, which is 17% above its 10-year median of 9.53. GuruFocus rates FRA:VDY with a GF Score™ of 67/100 and a GF Value™ of €11.95. The stock has 4 warning signs investors should review. Among 1,596 Software companies, OneSpan ranks better than 62.72% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, OneSpan's Enterprise Value is €456.7 Mil.
OneSpan's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €41.0 Mil. Therefore, OneSpan's EV-to-FCF for today is 11.13.
The historical rank and industry rank for OneSpan's EV-to-FCF or its related term are showing as below:
FRA:VDY'
s EV-to-FCF Range Over the Past 10 Years
Min: -1942.8 Med: 9.53 Max: 754.65
Current: 10.91
During the past 13 years, the highest EV-to-FCF of OneSpan was 754.65. The lowest was -1942.80. And the median was 9.53.
FRA:VDY's EV-to-FCF is ranked better than 62.72% of 1596
companies
in the Software industry
Industry Median: 14.73
vs FRA:VDY: 10.91
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.
OneSpan's share price for today is €13.10.
OneSpan'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 €1.551.
* 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.
OneSpan EV-to-FCF Related Terms
OneSpan EV-to-FCF Historical Data
* Premium members only.
The historical data trend for OneSpan'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 Software - Infrastructure subindustry, OneSpan'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.
OneSpan EV-to-FCF vs Software Industry
For the Software industry and Technology sector, OneSpan's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where OneSpan's EV-to-FCF falls into.
OneSpan's current Enterprise Value is €456.7 Mil.
OneSpan'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 €41.0 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.
OneSpan (FRA:VDY) has a EV-to-FCF of 11.13 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on OneSpan and its competitors. This is 17% above median its historical median of 9.53. According to the industry distribution chart, OneSpan ranks #595 out of 1596 companies in the Software industry, placing it in the top 37.3%.
Is OneSpan's EV-to-FCF too high?
OneSpan's current EV-to-FCF of 11.13 is 17% above median its 10-year median of 9.53. The Software industry median EV-to-FCF is 14.73. OneSpan's value of 11.13 is 24.4% below this industry median. Based on the distribution chart, OneSpan ranks #595 out of 1596 companies in the Software industry, which is above the industry midpoint. Overall, OneSpan has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does OneSpan's EV-to-FCF compare to RPD and OWLS?
According to the Software industry distribution chart, OneSpan ranks #595 out of 1596 companies for EV-to-FCF. This puts OneSpan in the upper half of its industry. The industry median EV-to-FCF is 14.73. OneSpan's value of 11.13 is 24.4% below this benchmark. While the company's 10-year median is 9.53 vs. the industry median of 14.73, OneSpan 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 a Software company?
The median EV-to-FCF among Software companies is 14.73, based on 1,596 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. OneSpan's current EV-to-FCF of 11.13 is 24.4% 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 OneSpan and its competitors. For the Software industry, the median EV-to-FCF is 14.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OneSpan's current EV-to-FCF is 11.13, which is 17% above median its own 10-year median of 9.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OneSpan stock overvalued right now?
OneSpan (FRA:VDY) has a current EV-to-FCF of 11.13. The stock's GF Value™ is €11.95, compared to a current price of €13.10 — trading 9.6% above its estimated fair value. The current EV-to-FCF is 11.13, which is 17% above median its 10-year median of 9.53 and 24.4% below the Software industry median of 14.73. OneSpan's overall GF Score™ is 67/100 with 4 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 OneSpan (FRA:VDY), the current EV-to-FCF is 11.13 as of Jul. 12, 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 OneSpan (FRA:VDY) Overvalued in 2026?
Based on GuruFocus' analysis, OneSpan stock appears to be overvalued.
The current stock price of €13.10 is trading 9.6% above its estimated GF Value™ of €11.95.
Key valuation signals for FRA:VDY:
EV-to-FCF: 11.13 (17% above median its 10-year median of 9.53)
GF Value™: €11.95 vs. price of €13.10 (9.6% above fair value)
Industry Position: 24.4% below the Software median (#595 of 1596)
No single metric tells the full story. See the FRA:VDY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OneSpan Inc is a provider of information technology security solutions for banking and financial services and application security markets. The company build secure, seamless, and trusted digital experiences through two solution portfolios: Cybersecurity solutions engaged in protecting identities, securing mobile apps, and safeguarding access through high-assurance authentication, threat intelligence, fraud prevention, and robust mobile app protection, defending users, devices, and applications against sophisticated attacks, while Digital agreement solutions focuses on streamlining workflows with secure e-signatures, identity verification, and smart digital forms, built to enable speed, compliance and other customer experiences.
67GF Score
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