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Zehnder Group AGFRA:ZEH2 +0.67%72 EV-to-FCF is 19.20 as of Sep. 05, 2026, which is 51% above its 10-year median of 12.72. GuruFocus rates FRA:ZEH2 with a GF Score™ of 72/100 and a GF Value™ of €62.44 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,083 Construction companies, Zehnder Group AG ranks worse than 62.05% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zehnder Group AG's Enterprise Value is €827.5 Mil.
Zehnder Group AG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €43.1 Mil. Therefore, Zehnder Group AG's EV-to-FCF for today is 19.20.
The historical rank and industry rank for Zehnder Group AG's EV-to-FCF or its related term are showing as below:
FRA:ZEH2'
s EV-to-FCF Range Over the Past 10 Years
Min: -52.83 Med: 12.72 Max: 175.65
Current: 19.35
During the past 13 years, the highest EV-to-FCF of Zehnder Group AG was 175.65. The lowest was -52.83. And the median was 12.72.
FRA:ZEH2's EV-to-FCF is ranked worse than 62.05% of 1083
companies
in the Construction industry
Industry Median: 13.21
vs FRA:ZEH2: 19.35
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.
Zehnder Group AG's PE Ratio (TTM) for today is calculated as:
Zehnder Group AG's share price for today is €75.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zehnder Group AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €4.180.
* 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.
Zehnder Group AG EV-to-FCF Related Terms
Zehnder Group AG EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Zehnder Group AG'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 Building Products & Equipment subindustry, Zehnder Group AG'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.
Zehnder Group AG EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, Zehnder Group AG's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Zehnder Group AG's EV-to-FCF falls into.
Zehnder Group AG's current Enterprise Value is €827.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zehnder Group AG's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €43.1 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.
Zehnder Group AG (FRA:ZEH2) has a EV-to-FCF of 19.20 as of Sep. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zehnder Group AG and its competitors. This is 51% above median its historical median of 12.72. According to the industry distribution chart, Zehnder Group AG ranks #672 out of 1083 companies in the Construction industry, placing it in the top 62%.
Is Zehnder Group AG's EV-to-FCF too high?
Zehnder Group AG's current EV-to-FCF of 19.20 is 51% above median its 10-year median of 12.72. The Construction industry median EV-to-FCF is 13.21. Zehnder Group AG's value of 19.20 is 45.3% above this industry median. Based on the distribution chart, Zehnder Group AG ranks #672 out of 1083 companies in the Construction industry, which is below the industry midpoint. Overall, Zehnder Group AG has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zehnder Group AG's EV-to-FCF compare to TT and JCI?
According to the Construction industry distribution chart, Zehnder Group AG ranks #672 out of 1083 companies for EV-to-FCF. This places Zehnder Group AG in the lower half of its industry. The industry median EV-to-FCF is 13.21. Zehnder Group AG's value of 19.20 is 45.3% above this benchmark. While the company's 10-year median is 12.72 vs. the industry median of 13.21, Zehnder Group AG 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 Construction company?
The median EV-to-FCF among Construction companies is 13.21, based on 1,083 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. Zehnder Group AG's current EV-to-FCF of 19.20 is 45.3% 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 Zehnder Group AG and its competitors. For the Construction industry, the median EV-to-FCF is 13.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zehnder Group AG's current EV-to-FCF is 19.20, which is 51% above median its own 10-year median of 12.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zehnder Group AG stock overvalued right now?
Based on GuruFocus' analysis, Zehnder Group AG (FRA:ZEH2) is currently considered Modestly Overvalued. The stock's GF Value™ is €62.44, compared to a current price of €75.00 — trading 20.1% above its estimated fair value. The current EV-to-FCF is 19.20, which is 51% above median its 10-year median of 12.72 and 45.3% above the Construction industry median of 13.21. Zehnder Group AG's overall GF Score™ is 72/100 with 2 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 Zehnder Group AG (FRA:ZEH2), the current EV-to-FCF is 19.20 as of Sep. 05, 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 Zehnder Group AG (FRA:ZEH2) Overvalued in 2026?
Based on GuruFocus' analysis, Zehnder Group AG stock appears to be overvalued.
The current stock price of €75.00 is trading 20.1% above its estimated GF Value™ of €62.44.
GuruFocus considers Zehnder Group AG to be Modestly Overvalued.
Key valuation signals for FRA:ZEH2:
EV-to-FCF: 19.20 (51% above median its 10-year median of 12.72)
GF Value™: €62.44 vs. price of €75.00 (20.1% above fair value)
Industry Position: 45.3% above the Construction median (#672 of 1083)
No single metric tells the full story. See the FRA:ZEH2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zehnder Group AG is an indoor climate system supplier. The products and services of the Group include heating, cooling, indoor ventilation, and air cleaning. The business activity of the company functions through Europe, China, and North America. The company has two segments, Ventilation and Radiators. The ventilation segment covers the three product lines for ventilation, heat exchangers, and clean air solutions, and generates maximum revenue. The radiator segment contains two product lines: radiators and climate ceilings. The company generates revenue from the EMEA (Europe, the Middle East, and Africa) Region.
72GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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