Highwater Ethanol LLCHEOL +0.66%24 EV-to-FCF is 3.03 as of Jun. 29, 2026, which is 24% above its 10-year median of 2.45. GuruFocus rates HEOL with a GF Score™ of 24/100 and a GF Value™ of $11,817.74 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 581 Oil & Gas companies, Highwater Ethanol LLC ranks better than 91.22% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Highwater Ethanol LLC's Enterprise Value is $48.8 Mil.
Highwater Ethanol LLC's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was $16.1 Mil. Therefore, Highwater Ethanol LLC's EV-to-FCF for today is 3.03.
The historical rank and industry rank for Highwater Ethanol LLC's EV-to-FCF or its related term are showing as below:
HEOL'
s EV-to-FCF Range Over the Past 10 Years
Min: -57.12 Med: 2.45 Max: 84.28
Current: 3.03
During the past 13 years, the highest EV-to-FCF of Highwater Ethanol LLC was 84.28. The lowest was -57.12. And the median was 2.45.
HEOL's EV-to-FCF is ranked better than 91.22% of 581
companies
in the Oil & Gas industry
Industry Median: 15.43
vs HEOL: 3.03
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.
Highwater Ethanol LLC's PE Ratio (TTM) for today is calculated as:
Highwater Ethanol LLC's share price for today is $15000.00.
Highwater Ethanol LLC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6465.830.
* 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 Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.
Highwater Ethanol LLC EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Highwater Ethanol LLC's EV-to-FCF falls into.
Highwater Ethanol LLC's current Enterprise Value is $48.8 Mil.
Highwater Ethanol LLC's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $16.1 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.
Highwater Ethanol LLC (HEOL) has a EV-to-FCF of 3.03 as of Jun. 29, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Highwater Ethanol LLC and its competitors. This is 24% above median its historical median of 2.45. According to the industry distribution chart, Highwater Ethanol LLC ranks #51 out of 581 companies in the Oil & Gas industry, placing it in the top 8.8%.
Is Highwater Ethanol LLC's EV-to-FCF too high?
Highwater Ethanol LLC's current EV-to-FCF of 3.03 is 24% above median its 10-year median of 2.45. The Oil & Gas industry median EV-to-FCF is 15.43. Highwater Ethanol LLC's value of 3.03 is 80.4% below this industry median. Based on the distribution chart, Highwater Ethanol LLC ranks #51 out of 581 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Highwater Ethanol LLC has a GF Score™ of 24/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Highwater Ethanol LLC's EV-to-FCF compare to BDCO and DLXY?
According to the Oil & Gas industry distribution chart, Highwater Ethanol LLC ranks #51 out of 581 companies for EV-to-FCF. This places Highwater Ethanol LLC in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 15.43. Highwater Ethanol LLC's value of 3.03 is 80.4% below this benchmark. While the company's 10-year median is 2.45 vs. the industry median of 15.43, Highwater Ethanol LLC 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 an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.43, based on 581 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. Highwater Ethanol LLC's current EV-to-FCF of 3.03 is 80.4% 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 Highwater Ethanol LLC and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Highwater Ethanol LLC's current EV-to-FCF is 3.03, which is 24% above median its own 10-year median of 2.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwater Ethanol LLC stock overvalued right now?
Based on GuruFocus' analysis, Highwater Ethanol LLC (HEOL) is currently considered Modestly Overvalued. The stock's GF Value™ is $11,817.74, compared to a current price of $15,000.00 — trading 26.9% above its estimated fair value. The current EV-to-FCF is 3.03, which is 24% above median its 10-year median of 2.45 and 80.4% below the Oil & Gas industry median of 15.43. Highwater Ethanol LLC's overall GF Score™ is 24/100 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 Highwater Ethanol LLC (HEOL), the current EV-to-FCF is 3.03 as of Jun. 29, 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?
Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued.
The current stock price of $15,000.00 is trading 26.9% above its estimated GF Value™ of $11,817.74.
GuruFocus considers Highwater Ethanol LLC to be Modestly Overvalued.
Key valuation signals for HEOL:
EV-to-FCF: 3.03 (24% above median its 10-year median of 2.45)
GF Value™: $11,817.74 vs. price of $15,000.00 (26.9% above fair value)
Industry Position: 80.4% below the Oil & Gas median (#51 of 581)
No single metric tells the full story. See the HEOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
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