Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
i3 VerticalsIIIV -1.77%57 EV-to-FCF is 12.79 as of Aug. 16, 2026, which is 51% below its 10-year median of 26.37. GuruFocus rates IIIV with a GF Score™ of 57/100 and a GF Value™ of $31.21 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,601 Software companies, i3 Verticals ranks better than 57.96% 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 $530.8 Mil.
i3 Verticals's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $41.5 Mil. Therefore, i3 Verticals's EV-to-FCF for today is 12.79.
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: 26.37 Max: 58.4
Current: 12.79
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 26.37.
IIIV's EV-to-FCF is ranked better than 57.96% of 1601
companies
in the Software industry
Industry Median: 15.53
vs IIIV: 12.79
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.
i3 Verticals's PE Ratio (TTM) for today is calculated as:
i3 Verticals's share price for today is $16.36.
i3 Verticals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.380.
* 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.
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.
i3 Verticals's current Enterprise Value is $530.8 Mil.
i3 Verticals's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.5 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.
i3 Verticals (IIIV) has a EV-to-FCF of 12.79 as of Aug. 16, 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 51% below median its historical median of 26.37. According to the industry distribution chart, i3 Verticals ranks #673 out of 1601 companies in the Software industry, placing it in the top 42%.
Is i3 Verticals' EV-to-FCF too high?
i3 Verticals' current EV-to-FCF of 12.79 is 51% below median its 10-year median of 26.37. The Software industry median EV-to-FCF is 15.53. i3 Verticals' value of 12.79 is 17.6% below this industry median. Based on the distribution chart, i3 Verticals ranks #673 out of 1601 companies in the Software industry, which is above the industry midpoint. Overall, i3 Verticals has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' EV-to-FCF compare to IMXI and CINT?
According to the Software industry distribution chart, i3 Verticals ranks #673 out of 1601 companies for EV-to-FCF. This puts i3 Verticals in the upper half of its industry. The industry median EV-to-FCF is 15.53. i3 Verticals' value of 12.79 is 17.6% below this benchmark. While the company's 10-year median is 26.37 vs. the industry median of 15.53, i3 Verticals 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 Software company?
The median EV-to-FCF among Software companies is 15.53, based on 1,601 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 12.79 is 17.6% 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 i3 Verticals and its competitors. For the Software industry, the median EV-to-FCF is 15.53 — 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 12.79, which is 51% below median its own 10-year median of 26.37. 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 Possible Value Trap. The stock's GF Value™ is $31.21, compared to a current price of $16.36 — trading 47.6% below its estimated fair value. The current EV-to-FCF is 12.79, which is 51% below median its 10-year median of 26.37 and 17.6% below the Software industry median of 15.53. i3 Verticals' overall GF Score™ is 57/100 with 3 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 12.79 as of Aug. 16, 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 $16.36 is trading 47.6% below its estimated GF Value™ of $31.21.
GuruFocus considers i3 Verticals to be Possible Value Trap.
Key valuation signals for IIIV:
EV-to-FCF: 12.79 (51% below median its 10-year median of 26.37)
GF Value™: $31.21 vs. price of $16.36 (47.6% below fair value)
Industry Position: 17.6% below the Software median (#673 of 1601)
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 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.
57GF Score
Get the complete analysis for IIIV
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IIIV has been successfully added to your 
