Joby AviationJOBY -0.92%32 EV-to-FCF is -9.38 as of Jul. 08, 2026. GuruFocus rates JOBY with a GF Score™ of 32/100. The stock has 3 warning signs investors should review. Among 672 Transportation companies, Joby Aviation ranks worse than 148809.38% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Joby Aviation's Enterprise Value is $6,194.94 Mil.
Joby Aviation's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-660.25 Mil. Therefore, Joby Aviation's EV-to-FCF for today is -9.38.
The historical rank and industry rank for Joby Aviation's EV-to-FCF or its related term are showing as below:
JOBY'
s EV-to-FCF Range Over the Past 10 Years
Min: -27.54 Med: -10.17 Max: -5.94
Current: -9.38
During the past 6 years, the highest EV-to-FCF of Joby Aviation was -5.94. The lowest was -27.54. And the median was -10.17.
JOBY's EV-to-FCF is ranked worse than 100% of 672
companies
in the Transportation industry
Industry Median: 14.275
vs JOBY: -9.38
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.
Joby Aviation's PE Ratio (TTM) for today is calculated as:
Joby Aviation's share price for today is $8.045.
Joby Aviation'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 $-1.150.
* 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.
Joby Aviation EV-to-FCF Related Terms
Joby Aviation EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Joby Aviation'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 Airports & Air Services subindustry, Joby Aviation'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.
Joby Aviation EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, Joby Aviation's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Joby Aviation's EV-to-FCF falls into.
Joby Aviation's current Enterprise Value is $6,194.94 Mil.
Joby Aviation'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 $-660.25 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.
Joby Aviation (JOBY) has a EV-to-FCF of -9.38 as of Jul. 08, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Joby Aviation and its competitors. According to the industry distribution chart, Joby Aviation ranks #999999 out of 672 companies in the Transportation industry.
Is Joby Aviation's EV-to-FCF too high?
Joby Aviation's current EV-to-FCF is -9.38. Based on the distribution chart, Joby Aviation ranks #999999 out of 672 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Joby Aviation has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Joby Aviation's EV-to-FCF compare to CAAP and ASLE?
According to the Transportation industry distribution chart, Joby Aviation ranks #999999 out of 672 companies for EV-to-FCF. This places Joby Aviation in the lower half of its industry. The industry median EV-to-FCF is 14.28. 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 Transportation company?
The median EV-to-FCF among Transportation companies is 14.28, based on 672 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 Joby Aviation and its competitors. For the Transportation industry, the median EV-to-FCF is 14.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Joby Aviation's current EV-to-FCF is -9.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Joby Aviation stock overvalued right now?
Joby Aviation (JOBY) has a current EV-to-FCF of -9.38. The current EV-to-FCF is -9.38. Joby Aviation's overall GF Score™ is 32/100 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 Joby Aviation (JOBY), the current EV-to-FCF is -9.38 as of Jul. 08, 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.
Joby Aviation Inc is a transportation company developing an all-electric, vertical take-off and landing (eVTOL) air taxi for commercial passenger service. Its Joby eVTOL aircraft is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 mph. The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The company is also developing an app-based platform that will help consumers to book rides directly through its service. It has one operating and reportable segment, air transportation and related services. The company's revenue consists of passenger revenue, which includes revenue generated from the transportation of passengers via helicopter or fixed wing aircraft.
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