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Ray Sigorta ASIST:RAYSG +0.11%54 EV-to-FCF is 1.04 as of Jul. 15, 2026, which is 9% below its 10-year median of 1.14. GuruFocus rates IST:RAYSG with a GF Score™ of 54/100 and a GF Value™ of ₺623.41 (Significantly Undervalued). Among 393 Insurance companies, Ray Sigorta AS ranks better than 92.37% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ray Sigorta AS's Enterprise Value is ₺4,939 Mil.
Ray Sigorta AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₺4,753 Mil. Therefore, Ray Sigorta AS's EV-to-FCF for today is 1.04.
The historical rank and industry rank for Ray Sigorta AS's EV-to-FCF or its related term are showing as below:
IST:RAYSG'
s EV-to-FCF Range Over the Past 10 Years
Min: -3553.49 Med: 1.14 Max: 103.49
Current: 1.03
During the past 13 years, the highest EV-to-FCF of Ray Sigorta AS was 103.49. The lowest was -3553.49. And the median was 1.14.
IST:RAYSG's EV-to-FCF is ranked better than 92.37% of 393
companies
in the Insurance industry
Industry Median: 9.84
vs IST:RAYSG: 1.03
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.
Ray Sigorta AS's PE Ratio (TTM) for today is calculated as:
Ray Sigorta AS's share price for today is ₺174.20.
Ray Sigorta AS'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 ₺23.494.
* 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.
Ray Sigorta AS EV-to-FCF Related Terms
Ray Sigorta AS EV-to-FCF Historical Data
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The historical data trend for Ray Sigorta AS'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.
IST:RAYSG vs BRK.A, AIG, HIG: EV-to-FCF Comparison
For the Insurance - Diversified subindustry, Ray Sigorta AS'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.
Ray Sigorta AS EV-to-FCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Ray Sigorta AS's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ray Sigorta AS's EV-to-FCF falls into.
Ray Sigorta AS's current Enterprise Value is ₺4,939 Mil.
Ray Sigorta AS'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 ₺4,753 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.
Ray Sigorta AS (IST:RAYSG) has a EV-to-FCF of 1.04 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ray Sigorta AS and its competitors. This is near median its historical median of 1.14. According to the industry distribution chart, Ray Sigorta AS ranks #30 out of 393 companies in the Insurance industry, placing it in the top 7.6%.
Is Ray Sigorta AS's EV-to-FCF too high?
Ray Sigorta AS's current EV-to-FCF of 1.04 is near median its 10-year median of 1.14. The Insurance industry median EV-to-FCF is 9.84. Ray Sigorta AS's value of 1.04 is 89.4% below this industry median. Based on the distribution chart, Ray Sigorta AS ranks #30 out of 393 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Ray Sigorta AS has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ray Sigorta AS's EV-to-FCF compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Ray Sigorta AS ranks #30 out of 393 companies for EV-to-FCF. This places Ray Sigorta AS in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 9.84. Ray Sigorta AS's value of 1.04 is 89.4% below this benchmark. While the company's 10-year median is 1.14 vs. the industry median of 9.84, Ray Sigorta AS 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 Insurance company?
The median EV-to-FCF among Insurance companies is 9.84, based on 393 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. Ray Sigorta AS's current EV-to-FCF of 1.04 is 89.4% 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 Ray Sigorta AS and its competitors. For the Insurance industry, the median EV-to-FCF is 9.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Sigorta AS's current EV-to-FCF is 1.04, which is near median its own 10-year median of 1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Sigorta AS stock overvalued right now?
Based on GuruFocus' analysis, Ray Sigorta AS (IST:RAYSG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺623.41, compared to a current price of ₺174.20 — trading 72.1% below its estimated fair value. The current EV-to-FCF is 1.04, which is near median its 10-year median of 1.14 and 89.4% below the Insurance industry median of 9.84. Ray Sigorta AS's overall GF Score™ is 54/100. 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 Ray Sigorta AS (IST:RAYSG), the current EV-to-FCF is 1.04 as of Jul. 15, 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 Ray Sigorta AS (IST:RAYSG) Overvalued in 2026?
Based on GuruFocus' analysis, Ray Sigorta AS stock appears to be undervalued.
The current stock price of ₺174.20 is trading 72.1% below its estimated GF Value™ of ₺623.41.
GuruFocus considers Ray Sigorta AS to be Significantly Undervalued.
Key valuation signals for IST:RAYSG:
EV-to-FCF: 1.04 (near median its 10-year median of 1.14)
GF Value™: ₺623.41 vs. price of ₺174.20 (72.1% below fair value)
Industry Position: 89.4% below the Insurance median (#30 of 393)
No single metric tells the full story. See the IST:RAYSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ray Sigorta AS is a Turkey-based insurance company. It offers motor, household and health insurances. The motor insurance covers accidents such as the collision of the car with other motor or no-motor vehicles used on the road or railroad. Its household insurance secures house and goods against many risks such as fire, robbery, earthquake, and floods. The health insurance product consists of emergency health insurance, complementary health insurance, health insurance for foreigners and travel health insurance. Additionally, it also provides contracted health institutions and contracted auto services.
54GF Score
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