Grid Dynamics HoldingsGDYN -2.48%71 EV-to-FCF is 8.39 as of Jul. 03, 2026, which is 72% below its 10-year median of 29.94. GuruFocus rates GDYN with a GF Score™ of 71/100 and a GF Value™ of $13.00 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,589 Software companies, Grid Dynamics Holdings ranks better than 71.37% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Grid Dynamics Holdings's Enterprise Value is $198.8 Mil.
Grid Dynamics Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $23.7 Mil. Therefore, Grid Dynamics Holdings's EV-to-FCF for today is 8.39.
The historical rank and industry rank for Grid Dynamics Holdings's EV-to-FCF or its related term are showing as below:
GDYN'
s EV-to-FCF Range Over the Past 10 Years
Min: -297.74 Med: 29.94 Max: 204.27
Current: 8.39
During the past 9 years, the highest EV-to-FCF of Grid Dynamics Holdings was 204.27. The lowest was -297.74. And the median was 29.94.
GDYN's EV-to-FCF is ranked better than 71.37% of 1589
companies
in the Software industry
Industry Median: 14.3
vs GDYN: 8.39
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.
Grid Dynamics Holdings's PE Ratio (TTM) for today is calculated as:
Grid Dynamics Holdings's share price for today is $6.085.
Grid Dynamics Holdings'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 $0.050.
* 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.
* 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 Information Technology Services subindustry, Grid Dynamics Holdings'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.
Grid Dynamics Holdings EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Grid Dynamics Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Grid Dynamics Holdings's EV-to-FCF falls into.
Grid Dynamics Holdings's current Enterprise Value is $198.8 Mil.
Grid Dynamics Holdings'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 $23.7 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.
Grid Dynamics Holdings (GDYN) has a EV-to-FCF of 8.39 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Grid Dynamics Holdings and its competitors. This is 72% below median its historical median of 29.94. According to the industry distribution chart, Grid Dynamics Holdings ranks #455 out of 1589 companies in the Software industry, placing it in the top 28.6%.
Is Grid Dynamics Holdings' EV-to-FCF too high?
Grid Dynamics Holdings' current EV-to-FCF of 8.39 is 72% below median its 10-year median of 29.94. The Software industry median EV-to-FCF is 14.30. Grid Dynamics Holdings' value of 8.39 is 41.3% below this industry median. Based on the distribution chart, Grid Dynamics Holdings ranks #455 out of 1589 companies in the Software industry, which is above the industry midpoint. Overall, Grid Dynamics Holdings has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grid Dynamics Holdings' EV-to-FCF compare to TASK and IBEX?
According to the Software industry distribution chart, Grid Dynamics Holdings ranks #455 out of 1589 companies for EV-to-FCF. This puts Grid Dynamics Holdings in the upper half of its industry. The industry median EV-to-FCF is 14.30. Grid Dynamics Holdings' value of 8.39 is 41.3% below this benchmark. While the company's 10-year median is 29.94 vs. the industry median of 14.30, Grid Dynamics Holdings 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 14.30, based on 1,589 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. Grid Dynamics Holdings's current EV-to-FCF of 8.39 is 41.3% 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 Grid Dynamics Holdings and its competitors. For the Software industry, the median EV-to-FCF is 14.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grid Dynamics Holdings's current EV-to-FCF is 8.39, which is 72% below median its own 10-year median of 29.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grid Dynamics Holdings stock overvalued right now?
Based on GuruFocus' analysis, Grid Dynamics Holdings (GDYN) is currently considered Significantly Undervalued. The stock's GF Value™ is $13.00, compared to a current price of $6.09 — trading 53.2% below its estimated fair value. The current EV-to-FCF is 8.39, which is 72% below median its 10-year median of 29.94 and 41.3% below the Software industry median of 14.30. Grid Dynamics Holdings' overall GF Score™ is 71/100 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 Grid Dynamics Holdings (GDYN), the current EV-to-FCF is 8.39 as of Jul. 03, 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 Grid Dynamics Holdings (GDYN) Overvalued in 2026?
Based on GuruFocus' analysis, Grid Dynamics Holdings stock appears to be undervalued.
The current stock price of $6.09 is trading 53.2% below its estimated GF Value™ of $13.00.
GuruFocus considers Grid Dynamics Holdings to be Significantly Undervalued.
Key valuation signals for GDYN:
EV-to-FCF: 8.39 (72% below median its 10-year median of 29.94)
GF Value™: $13.00 vs. price of $6.09 (53.2% below fair value)
Industry Position: 41.3% below the Software median (#455 of 1589)
No single metric tells the full story. See the GDYN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grid Dynamics Holdings Inc is a provider of technology consulting, platform and product engineering, and advanced analytics services. The company delivers tailored solutions in several industry verticals like Tech, Media and Telecom, Retail, Finance and Consumer Packaged goods (CPG)/manufacturing. The company derives maximum revenue from Retails. Geographically company earns revenue from North America, Europe and other regions.
71GF Score
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