EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Aker ASA's Enterprise Value is €11,845 Mil.
Aker ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €124 Mil. Therefore, Aker ASA's EV-to-FCF for today is 95.36.
The historical rank and industry rank for Aker ASA's EV-to-FCF or its related term are showing as below:
HAM:FKM'
s EV-to-FCF Range Over the Past 10 Years
Min: -309.1 Med: -19.4 Max: 98.28
Current: 93.35
During the past 13 years, the highest EV-to-FCF of Aker ASA was 98.28. The lowest was -309.10. And the median was -19.40.
HAM:FKM's EV-to-FCF is ranked worse than 87.68% of 357
companies
in the Conglomerates industry
Industry Median: 17.91
vs HAM:FKM: 93.35
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.
Aker ASA's share price for today is €105.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €4.468.
* 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.
Aker ASA EV-to-FCF Related Terms
Aker ASA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Aker ASA'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 Conglomerates subindustry, Aker ASA'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.
Aker ASA EV-to-FCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Aker ASA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Aker ASA's EV-to-FCF falls into.
Aker ASA's current Enterprise Value is €11,845 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aker ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €124 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.
Aker ASA (HAM:FKM) has a EV-to-FCF of 95.36 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Aker ASA and its competitors. According to the industry distribution chart, Aker ASA ranks #313 out of 357 companies in the Conglomerates industry, placing it in the top 87.7%.
Is Aker ASA's EV-to-FCF too high?
Aker ASA's current EV-to-FCF is 95.36. The Conglomerates industry median EV-to-FCF is 17.91. Aker ASA's value of 95.36 is 432.4% above this industry median. Based on the distribution chart, Aker ASA ranks #313 out of 357 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Aker ASA has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's EV-to-FCF compare to HON and MMM?
According to the Conglomerates industry distribution chart, Aker ASA ranks #313 out of 357 companies for EV-to-FCF. This places Aker ASA in the lower half of its industry. The industry median EV-to-FCF is 17.91. Aker ASA's value of 95.36 is 432.4% above this benchmark. 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 Conglomerates company?
The median EV-to-FCF among Conglomerates companies is 17.91, based on 357 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. Aker ASA's current EV-to-FCF of 95.36 is 432.4% 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 Aker ASA and its competitors. For the Conglomerates industry, the median EV-to-FCF is 17.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker ASA's current EV-to-FCF is 95.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Aker ASA (HAM:FKM) has a current EV-to-FCF of 95.36. The stock's GF Value™ is €77.44, compared to a current price of €105.60 — trading 36.4% above its estimated fair value. The current EV-to-FCF is 95.36 and 432.4% above the Conglomerates industry median of 17.91. Aker ASA's overall GF Score™ is 69/100 with 9 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 Aker ASA (HAM:FKM), the current EV-to-FCF is 95.36 as of Jul. 06, 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 Aker ASA (HAM:FKM) Overvalued in 2026?
Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued.
The current stock price of €105.60 is trading 36.4% above its estimated GF Value™ of €77.44.
Key valuation signals for HAM:FKM:
EV-to-FCF: 95.36
GF Value™: €77.44 vs. price of €105.60 (36.4% above fair value)
Industry Position: 432.4% above the Conglomerates median (#313 of 357)
No single metric tells the full story. See the HAM:FKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
69GF Score
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