EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Horizon Kinetics Holding's Enterprise Value is $1,970.14 Mil.
Horizon Kinetics Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-35.96 Mil. Therefore, Horizon Kinetics Holding's EV-to-FCF for today is -54.79.
The historical rank and industry rank for Horizon Kinetics Holding's EV-to-FCF or its related term are showing as below:
HKHC'
s EV-to-FCF Range Over the Past 10 Years
Min: -134.82 Med: 6.32 Max: 464.8
Current: -54.79
During the past 13 years, the highest EV-to-FCF of Horizon Kinetics Holding was 464.80. The lowest was -134.82. And the median was 6.32.
HKHC's EV-to-FCF is ranked worse than 100% of 940
companies
in the Asset Management industry
Industry Median: 14.685
vs HKHC: -54.79
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.
Horizon Kinetics Holding's PE Ratio (TTM) for today is calculated as:
Horizon Kinetics Holding's share price for today is $27.6801.
Horizon Kinetics Holding'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 $-6.430.
* 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.
Horizon Kinetics Holding EV-to-FCF Related Terms
Horizon Kinetics Holding EV-to-FCF Historical Data
* 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 Asset Management subindustry, Horizon Kinetics Holding'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.
Horizon Kinetics Holding EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Horizon Kinetics Holding's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Horizon Kinetics Holding's EV-to-FCF falls into.
Horizon Kinetics Holding's current Enterprise Value is $1,970.14 Mil.
Horizon Kinetics Holding'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 $-35.96 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.
Horizon Kinetics Holding (HKHC) has a EV-to-FCF of -54.79 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Horizon Kinetics Holding and its competitors. According to the industry distribution chart, Horizon Kinetics Holding ranks #999999 out of 940 companies in the Asset Management industry.
Is Horizon Kinetics Holding's EV-to-FCF too high?
Horizon Kinetics Holding's current EV-to-FCF is -54.79. Based on the distribution chart, Horizon Kinetics Holding ranks #999999 out of 940 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Horizon Kinetics Holding has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Horizon Kinetics Holding's EV-to-FCF compare to PML and IGD?
According to the Asset Management industry distribution chart, Horizon Kinetics Holding ranks #999999 out of 940 companies for EV-to-FCF. This places Horizon Kinetics Holding in the lower half of its industry. The industry median EV-to-FCF is 14.69. 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.69, based on 940 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 Horizon Kinetics Holding and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Kinetics Holding's current EV-to-FCF is -54.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Kinetics Holding stock overvalued right now?
Based on GuruFocus' analysis, Horizon Kinetics Holding (HKHC) is currently considered Fairly Valued. The stock's GF Value™ is $27.87, compared to a current price of $27.68 — trading 0.7% below its estimated fair value. The current EV-to-FCF is -54.79. Horizon Kinetics Holding's overall GF Score™ is 58/100 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 Horizon Kinetics Holding (HKHC), the current EV-to-FCF is -54.79 as of Jun. 25, 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 Horizon Kinetics Holding (HKHC) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Kinetics Holding stock appears to be undervalued.
The current stock price of $27.68 is trading 0.7% below its estimated GF Value™ of $27.87.
GuruFocus considers Horizon Kinetics Holding to be Fairly Valued.
Key valuation signals for HKHC:
EV-to-FCF: -54.79
GF Value™: $27.87 vs. price of $27.68 (0.7% below fair value)
No single metric tells the full story. See the HKHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Kinetics Holding Corp offers investment advisory services. The company provides proprietary research and investment advisory services for alternative value-based investing strategies. The fees earned, which include both management and performance fees, depend upon several factors, including the investment strategies, size of account and servicing needs. Geographically, the company operates in United States.
58GF Score
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