IIIV (i3 Verticals) EV-to-FCF: 17.39 (As of Jun. 27, 2026) — 35% Below Median


IIIV i3 Verticals Inc IIIV
66 GF Score
Price $21.29
GF Value $22.39
Valuation Fairly Valued
! 4 Warning Signs
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What is i3 Verticals EV-to-FCF?

i3 Verticals IIIV +6.18% 66 EV-to-FCF is 17.39 as of Jun. 27, 2026, which is 35% below its 10-year median of 26.57. GuruFocus rates IIIV with a GF Score™ of 66/100 and a GF Value™ of $22.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,590 Software companies, i3 Verticals ranks worse than 56.79% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, i3 Verticals's Enterprise Value is $615.5 Mil. i3 Verticals's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $35.4 Mil. Therefore, i3 Verticals's EV-to-FCF for today is 17.39.

The historical rank and industry rank for i3 Verticals's EV-to-FCF or its related term are showing as below:

IIIV' s EV-to-FCF Range Over the Past 10 Years
Min: -643.92   Med: 26.57   Max: 58.4
Current: 17.39

During the past 10 years, the highest EV-to-FCF of i3 Verticals was 58.40. The lowest was -643.92. And the median was 26.57.

IIIV's EV-to-FCF is ranked worse than
56.79% of 1590 companies
in the Software industry
Industry Median: 14.15 vs IIIV: 17.39

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 (2026-06-27), i3 Verticals's stock price is $21.29. i3 Verticals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.700. Therefore, i3 Verticals's PE Ratio (TTM) for today is 30.41.


i3 Verticals  (NAS:IIIV) 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.

i3 Verticals's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.29/0.700
=30.41

i3 Verticals's share price for today is $21.29.
i3 Verticals'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 $0.700.

* 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.


i3 Verticals EV-to-FCF Related Terms


i3 Verticals EV-to-FCF Historical Data

* Premium members only.

The historical data trend for i3 Verticals'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.

i3 Verticals EV-to-FCF Chart

i3 Verticals Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.79 27.19 47.16 17.68 -190.22

i3 Verticals 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 -152.83 -171.92 -190.22 -545.75 18.60

IIIV vs ALLT, PDYN, PSFE: EV-to-FCF Comparison

For the Software - Infrastructure subindustry, i3 Verticals'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.


i3 Verticals EV-to-FCF vs Software Industry

For the Software industry and Technology sector, i3 Verticals's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where i3 Verticals's EV-to-FCF falls into.


IIIV
66GF Score
i3 Verticals Inc IIIV
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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i3 Verticals EV-to-FCF Calculation

i3 Verticals's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=615.541/35.406
=17.39

i3 Verticals's current Enterprise Value is $615.5 Mil.
i3 Verticals'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 $35.4 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 17.39 mean?
i3 Verticals (IIIV) has a EV-to-FCF of 17.39 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on i3 Verticals and its competitors. This is 35% below median its historical median of 26.57. According to the industry distribution chart, i3 Verticals ranks #903 out of 1590 companies in the Software industry, placing it in the top 56.8%.
Is i3 Verticals' EV-to-FCF too high?
i3 Verticals' current EV-to-FCF of 17.39 is 35% below median its 10-year median of 26.57. The Software industry median EV-to-FCF is 14.15. i3 Verticals' value of 17.39 is 22.9% above this industry median. Based on the distribution chart, i3 Verticals ranks #903 out of 1590 companies in the Software industry, which is below the industry midpoint. Overall, i3 Verticals has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' EV-to-FCF compare to ALLT and PDYN?
According to the Software industry distribution chart, i3 Verticals ranks #903 out of 1590 companies for EV-to-FCF. This places i3 Verticals in the lower half of its industry. The industry median EV-to-FCF is 14.15. i3 Verticals' value of 17.39 is 22.9% above this benchmark. While the company's 10-year median is 26.57 vs. the industry median of 14.15, i3 Verticals has consistently been above 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 Software company?
The median EV-to-FCF among Software companies is 14.15, based on 1,590 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. i3 Verticals's current EV-to-FCF of 17.39 is 22.9% 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 i3 Verticals and its competitors. For the Software industry, the median EV-to-FCF is 14.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i3 Verticals's current EV-to-FCF is 17.39, which is 35% below median its own 10-year median of 26.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i3 Verticals stock overvalued right now?
Based on GuruFocus' analysis, i3 Verticals (IIIV) is currently considered Fairly Valued. The stock's GF Value™ is $22.39, compared to a current price of $21.29 — trading 4.9% below its estimated fair value. The current EV-to-FCF is 17.39, which is 35% below median its 10-year median of 26.57 and 22.9% above the Software industry median of 14.15. i3 Verticals' overall GF Score™ is 66/100 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 i3 Verticals (IIIV), the current EV-to-FCF is 17.39 as of Jun. 27, 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 i3 Verticals (IIIV) Overvalued in 2026?

Based on GuruFocus' analysis, i3 Verticals stock appears to be undervalued. The current stock price of $21.29 is trading 4.9% below its estimated GF Value™ of $22.39. GuruFocus considers i3 Verticals to be Fairly Valued.

Key valuation signals for IIIV:

  • EV-to-FCF: 17.39 (35% below median its 10-year median of 26.57)
  • GF Value™: $22.39 vs. price of $21.29 (4.9% below fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 22.9% above the Software median (#903 of 1590)

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


i3 Verticals Business Description

Address 40 Burton Hills Boulevard, Suite 415, Nashville, TN, USA, 37215
i3 Verticals Inc provides mission-critical enterprise software solutions to public sector entities. These comprehensive cloud-native solutions address a broad range of government functions, including courts and public safety, public administration, utilities, transportation and schools. The company generates the majority of revenue from software and related services, including the sale of subscriptions, recurring services, ongoing support, licenses, and installation and implementation services specific to software.
66GF Score

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

$21.29
Price
$22.39
GF Value