Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for White Mountains Insurance Group's EV-to-FCF or its related term are showing as below:
FRA:WNI'
s EV-to-FCF Range Over the Past 10 Years
Min: -866.61 Med: 10.05 Max: 132.32
Current: 11.23
During the past 13 years, the highest EV-to-FCF of White Mountains Insurance Group was 132.32. The lowest was -866.61. And the median was 10.05.
FRA:WNI's EV-to-FCF is ranked worse than 56.6% of 394
companies
in the Insurance industry
Industry Median: 9.785
vs FRA:WNI: 11.23
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.
White Mountains Insurance Group (FRA:WNI) 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.
White Mountains Insurance Group's PE Ratio (TTM) for today is calculated as:
White Mountains Insurance Group's share price for today is €1900.00.
White Mountains Insurance Group'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 €347.604.
* 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.
White Mountains Insurance Group EV-to-FCF Related Terms
White Mountains Insurance Group EV-to-FCF Historical Data
* 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 Insurance - Property & Casualty subindustry, White Mountains Insurance Group'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.
White Mountains Insurance Group EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, White Mountains Insurance Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where White Mountains Insurance Group's EV-to-FCF falls into.
White Mountains Insurance Group's current Enterprise Value is €6,126 Mil.
White Mountains Insurance Group'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 €532 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.
White Mountains Insurance Group (FRA:WNI) has a EV-to-FCF of 11.51 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on White Mountains Insurance Group and its competitors. This is 15% above median its historical median of 10.05. According to the industry distribution chart, White Mountains Insurance Group ranks #223 out of 394 companies in the Insurance industry, placing it in the top 56.6%.
Is White Mountains Insurance Group's EV-to-FCF too high?
White Mountains Insurance Group's current EV-to-FCF of 11.51 is 15% above median its 10-year median of 10.05. The Insurance industry median EV-to-FCF is 9.79. White Mountains Insurance Group's value of 11.51 is 17.6% above this industry median. Based on the distribution chart, White Mountains Insurance Group ranks #223 out of 394 companies in the Insurance industry, which is below the industry midpoint. Overall, White Mountains Insurance Group has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does White Mountains Insurance Group's EV-to-FCF compare to RLI and SIGI?
According to the Insurance industry distribution chart, White Mountains Insurance Group ranks #223 out of 394 companies for EV-to-FCF. This places White Mountains Insurance Group in the lower half of its industry. The industry median EV-to-FCF is 9.79. White Mountains Insurance Group's value of 11.51 is 17.6% above this benchmark. While the company's 10-year median is 10.05 vs. the industry median of 9.79, White Mountains Insurance Group 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 an Insurance company?
The median EV-to-FCF among Insurance companies is 9.79, based on 394 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. White Mountains Insurance Group's current EV-to-FCF of 11.51 is 17.6% 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 White Mountains Insurance Group and its competitors. For the Insurance industry, the median EV-to-FCF is 9.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. White Mountains Insurance Group's current EV-to-FCF is 11.51, which is 15% above median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Mountains Insurance Group stock overvalued right now?
White Mountains Insurance Group (FRA:WNI) has a current EV-to-FCF of 11.51. The stock's GF Value™ is €2,043.46, compared to a current price of €1,900.00 — trading 7% below its estimated fair value. The current EV-to-FCF is 11.51, which is 15% above median its 10-year median of 10.05 and 17.6% above the Insurance industry median of 9.79. White Mountains Insurance Group's overall GF Score™ is 75/100 with 3 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 White Mountains Insurance Group (FRA:WNI), the current EV-to-FCF is 11.51 as of Jul. 21, 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 White Mountains Insurance Group (FRA:WNI) Overvalued in 2026?
Based on GuruFocus' analysis, White Mountains Insurance Group stock appears to be undervalued.
The current stock price of €1,900.00 is trading 7% below its estimated GF Value™ of €2,043.46.
Key valuation signals for FRA:WNI:
EV-to-FCF: 11.51 (15% above median its 10-year median of 10.05)
GF Value™: €2,043.46 vs. price of €1,900.00 (7% below fair value)
Industry Position: 17.6% above the Insurance median (#223 of 394)
No single metric tells the full story. See the FRA:WNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
White Mountains Insurance Group Business Description
White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services, and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in five areas: property and casualty insurance and reinsurance, municipal bond reinsurance, capital solutions for asset and wealth management firms, property and casualty insurance distribution, and other operations. The company has four reportable segments: Ark/WM Outrigger, HG Global, Kudu and Distinguished.
75GF Score
Get the complete analysis for FRA:WNI
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:WNI has been successfully added to your 
