Tomra Systems ASA (HAM:TMRA) EV-to-FCF: 18.72 (As of Jul. 01, 2026) — 43% Below Median


HAM:TMRA Tomra Systems ASA HAM:TMRA
86 GF Score
Price €8.39
GF Value €13.34
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Tomra Systems ASA EV-to-FCF?

Tomra Systems ASA HAM:TMRA +1.21% 86 EV-to-FCF is 18.72 as of Jul. 01, 2026, which is 43% below its 10-year median of 32.83. GuruFocus rates HAM:TMRA with a GF Score™ of 86/100 and a GF Value™ of €13.34 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 140 Waste Management companies, Tomra Systems ASA ranks better than 53.57% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tomra Systems ASA's Enterprise Value is €3,089 Mil. Tomra Systems ASA's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €165 Mil. Therefore, Tomra Systems ASA's EV-to-FCF for today is 18.72.

The historical rank and industry rank for Tomra Systems ASA's EV-to-FCF or its related term are showing as below:

HAM:TMRA' s EV-to-FCF Range Over the Past 10 Years
Min: 12.46   Med: 32.83   Max: 68.68
Current: 18.39

During the past 13 years, the highest EV-to-FCF of Tomra Systems ASA was 68.68. The lowest was 12.46. And the median was 32.83.

HAM:TMRA's EV-to-FCF is ranked better than
53.57% of 140 companies
in the Waste Management industry
Industry Median: 19.3 vs HAM:TMRA: 18.39

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.

As of today (2026-07-01), Tomra Systems ASA's stock price is €8.385. Tomra Systems ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.280. Therefore, Tomra Systems ASA's PE Ratio (TTM) for today is 29.95.


Tomra Systems ASA  (HAM:TMRA) 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.

Tomra Systems ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.385/0.280
=29.95

Tomra Systems ASA's share price for today is €8.385.
Tomra Systems ASA'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 €0.280.

* 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.


Tomra Systems ASA EV-to-FCF Related Terms


Tomra Systems ASA EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Tomra Systems 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.

Tomra Systems ASA EV-to-FCF Chart

Tomra Systems ASA 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 52.51 45.31 26.04 17.75 23.57

Tomra Systems ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.03 17.01 19.19 23.57 21.66

HAM:TMRA vs WM, RSG, WCN: EV-to-FCF Comparison

For the Waste Management subindustry, Tomra Systems 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.


Tomra Systems ASA EV-to-FCF vs Waste Management Industry

For the Waste Management industry and Industrials sector, Tomra Systems ASA's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Tomra Systems ASA's EV-to-FCF falls into.


HAM:TMRA
86GF Score
Tomra Systems ASA HAM:TMRA
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Tomra Systems ASA EV-to-FCF Calculation

Tomra Systems ASA's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3088.642/165
=18.72

Tomra Systems ASA's current Enterprise Value is €3,089 Mil.
Tomra Systems ASA'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 €165 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 18.72 mean?
Tomra Systems ASA (HAM:TMRA) has a EV-to-FCF of 18.72 as of Jul. 01, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tomra Systems ASA and its competitors. This is 43% below median its historical median of 32.83. Over the past decade, Tomra Systems ASA's EV-to-FCF has ranged from 12.46 to 68.68. According to the industry distribution chart, Tomra Systems ASA ranks #65 out of 140 companies in the Waste Management industry, placing it in the top 46.4%.
Is Tomra Systems ASA's EV-to-FCF too high?
Tomra Systems ASA's current EV-to-FCF of 18.72 is 43% below median its 10-year median of 32.83. Over the past 10 years, this metric has ranged from a low of 12.46 to a high of 68.68. The Waste Management industry median EV-to-FCF is 19.30. Tomra Systems ASA's value of 18.72 is 3% below this industry median. Based on the distribution chart, Tomra Systems ASA ranks #65 out of 140 companies in the Waste Management industry, which is above the industry midpoint. Overall, Tomra Systems ASA has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tomra Systems ASA's EV-to-FCF compare to WM and RSG?
According to the Waste Management industry distribution chart, Tomra Systems ASA ranks #65 out of 140 companies for EV-to-FCF. This puts Tomra Systems ASA in the upper half of its industry. The industry median EV-to-FCF is 19.30. Tomra Systems ASA's value of 18.72 is 3% below this benchmark. Historically, Tomra Systems ASA's own EV-to-FCF has ranged from 12.46 to 68.68 over the past decade. While the company's 10-year median is 32.83 vs. the industry median of 19.30, Tomra Systems ASA 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 Waste Management company?
The median EV-to-FCF among Waste Management companies is 19.30, based on 140 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. Tomra Systems ASA's current EV-to-FCF of 18.72 is 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 Tomra Systems ASA and its competitors. For the Waste Management industry, the median EV-to-FCF is 19.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tomra Systems ASA's current EV-to-FCF is 18.72, which is 43% below median its own 10-year median of 32.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tomra Systems ASA stock overvalued right now?
Based on GuruFocus' analysis, Tomra Systems ASA (HAM:TMRA) is currently considered Significantly Undervalued. The stock's GF Value™ is €13.34, compared to a current price of €8.39 — trading 37.1% below its estimated fair value. The current EV-to-FCF is 18.72, which is 43% below median its 10-year median of 32.83 and 3% below the Waste Management industry median of 19.30. Tomra Systems ASA's overall GF Score™ is 86/100 with 4 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 Tomra Systems ASA (HAM:TMRA), the current EV-to-FCF is 18.72 as of Jul. 01, 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 Tomra Systems ASA (HAM:TMRA) Overvalued in 2026?

Based on GuruFocus' analysis, Tomra Systems ASA stock appears to be undervalued. The current stock price of €8.39 is trading 37.1% below its estimated GF Value™ of €13.34. GuruFocus considers Tomra Systems ASA to be Significantly Undervalued.

Key valuation signals for HAM:TMRA:

  • EV-to-FCF: 18.72 (43% below median its 10-year median of 32.83)
  • GF Value™: €13.34 vs. price of €8.39 (37.1% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 3% below the Waste Management median (#65 of 140)

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


Tomra Systems ASA Business Description

Address Drengsrudhagen 2, Asker, NOR, 1385
Tomra Systems ASA provides sorting and recycling solutions to equip customers for handling waste. The company creates and delivers sensor-based solutions that contribute to optimal resource productivity, in packaging, collection, compaction, recycling, ore sorting, and food production. It provides reverse vending machines, sensor-based sorting machines integrated post-harvest solutions, sensors for waste sorting applications, and other related products and solutions. The company's operating segments are; TOMRA Collection which generates key revenue, TOMRA Recycling, TOMRA Horizon, and TOMRA Food. Geographically, the company generates maximum revenue from Europe region followed by America, Asia, and Oceania.
86GF Score

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

€8.39
Price
€13.34
GF Value