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Garden StageGSIW -2.65%12 EV-to-FCF is -7.52 as of Jul. 22, 2026. GuruFocus rates GSIW with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 448 Capital Markets companies, Garden Stage ranks worse than 223214.06% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Garden Stage's Enterprise Value is $28.21 Mil.
Garden Stage's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was $-3.75 Mil. Therefore, Garden Stage's EV-to-FCF for today is -7.52.
The historical rank and industry rank for Garden Stage's EV-to-FCF or its related term are showing as below:
GSIW'
s EV-to-FCF Range Over the Past 10 Years
Min: -112.67 Med: -1.47 Max: -0.23
Current: -7.52
During the past 5 years, the highest EV-to-FCF of Garden Stage was -0.23. The lowest was -112.67. And the median was -1.47.
GSIW's EV-to-FCF is ranked worse than 100% of 448
companies
in the Capital Markets industry
Industry Median: 9.965
vs GSIW: -7.52
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.
Garden Stage's PE Ratio (TTM) for today is calculated as:
Garden Stage's share price for today is $27.16.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Garden Stage's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was $-35.266.
* 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.
Garden Stage EV-to-FCF Related Terms
Garden Stage EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Garden Stage'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 Capital Markets subindustry, Garden Stage'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.
Garden Stage EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Garden Stage's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Garden Stage's EV-to-FCF falls into.
Garden Stage's current Enterprise Value is $28.21 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Garden Stage's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was $-3.75 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.
Garden Stage (GSIW) has a EV-to-FCF of -7.52 as of Jul. 22, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Garden Stage and its competitors. According to the industry distribution chart, Garden Stage ranks #999999 out of 448 companies in the Capital Markets industry.
Is Garden Stage's EV-to-FCF too high?
Garden Stage's current EV-to-FCF is -7.52. Based on the distribution chart, Garden Stage ranks #999999 out of 448 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Garden Stage has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Garden Stage's EV-to-FCF compare to MATH and HGBL?
According to the Capital Markets industry distribution chart, Garden Stage ranks #999999 out of 448 companies for EV-to-FCF. This places Garden Stage in the lower half of its industry. The industry median EV-to-FCF is 9.97. 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 Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.97, based on 448 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. 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 Garden Stage and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Garden Stage's current EV-to-FCF is -7.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garden Stage stock overvalued right now?
Garden Stage (GSIW) has a current EV-to-FCF of -7.52. The current EV-to-FCF is -7.52. Garden Stage's overall GF Score™ is 12/100 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 Garden Stage (GSIW), the current EV-to-FCF is -7.52 as of Jul. 22, 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.
Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong; and I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.
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