SSH Communications Security Oyj (FRA:XXH) EV-to-FCF: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:XXH SSH Communications Security Oyj FRA:XXH
63 GF Score
Price €1.97
GF Value €1.18
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is SSH Communications Security Oyj EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, SSH Communications Security Oyj's Enterprise Value is €98.14 Mil. SSH Communications Security Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.00 Mil. Therefore, SSH Communications Security Oyj's EV-to-FCF for today is .

The historical rank and industry rank for SSH Communications Security Oyj's EV-to-FCF or its related term are showing as below:

FRA:XXH' s EV-to-FCF Range Over the Past 10 Years
Min: -505.02   Med: -25.19   Max: 484.22
Current: 142.83

During the past 13 years, the highest EV-to-FCF of SSH Communications Security Oyj was 484.22. The lowest was -505.02. And the median was -25.19.

FRA:XXH's EV-to-FCF is ranked worse than
94.16% of 1593 companies
in the Software industry
Industry Median: 14.83 vs FRA:XXH: 142.83

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 (2026-07-14), SSH Communications Security Oyj's stock price is €1.97. SSH Communications Security Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.040. Therefore, SSH Communications Security Oyj's PE Ratio (TTM) for today is At Loss.


SSH Communications Security Oyj  (FRA:XXH) 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.

SSH Communications Security Oyj's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.97/-0.040
=At Loss

SSH Communications Security Oyj's share price for today is €1.97.
SSH Communications Security Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.040.

* 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.


SSH Communications Security Oyj EV-to-FCF Related Terms


SSH Communications Security Oyj EV-to-FCF Historical Data

* Premium members only.

The historical data trend for SSH Communications Security Oyj'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.

SSH Communications Security Oyj EV-to-FCF Chart

SSH Communications Security Oyj 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 147.30 196.42 102.44 40.05 229.87

SSH Communications Security Oyj Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 102.44 0.00 40.05 0.00 229.87

FRA:XXH vs MSFT, ORCL, PLTR: EV-to-FCF Comparison

For the Software - Infrastructure subindustry, SSH Communications Security Oyj'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.


SSH Communications Security Oyj EV-to-FCF vs Software Industry

For the Software industry and Technology sector, SSH Communications Security Oyj's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where SSH Communications Security Oyj's EV-to-FCF falls into.


FRA:XXH
63GF Score
SSH Communications Security Oyj FRA:XXH
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SSH Communications Security Oyj EV-to-FCF Calculation

SSH Communications Security Oyj's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=98.143/0
=

SSH Communications Security Oyj's current Enterprise Value is €98.14 Mil.
SSH Communications Security Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 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.

Is SSH Communications Security Oyj (FRA:XXH) Overvalued in 2026?

Based on GuruFocus' analysis, SSH Communications Security Oyj stock appears to be overvalued. The current stock price of €1.97 is trading 66.9% above its estimated GF Value™ of €1.18. GuruFocus considers SSH Communications Security Oyj to be Significantly Overvalued.

Key valuation signals for FRA:XXH:

  • EV-to-FCF:
  • GF Value™: €1.18 vs. price of €1.97 (66.9% above fair value)
  • GF Score™: 63/100 with 3 warning signs

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


SSH Communications Security Oyj Business Description

Address Karvaamokuja 2B, Helsinki, FIN, 00380
SSH Communications Security Oyj is a provider of enterprise cybersecurity solutions that monitor, control, and automate trusted access to critical data. The company secures communications and access for and between humans, systems, and networks. The company provides software and professional services. The company products consist of Secure Mail, PrivX Hybrid PAM, Tectia SSH, and others. Geographically, the company provides its services to America, APAC, Europe, the Middle East and Africa (EMEA), and Finland. The company serves to customers from Finance, Retail, Industrial, Critical Infrastructure, Healthcare, and Government sectors.
63GF Score

Get the complete analysis for FRA:XXH

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

€1.97
Price
€1.18
GF Value