Combined Motor HoldingsJSE:CMH +0.85%92 EV-to-FCF is 4.41 as of Jul. 09, 2026, which is 18% below its 10-year median of 5.36. GuruFocus rates JSE:CMH with a GF Score™ of 92/100 and a GF Value™ of R38.88 (Fairly Valued). The stock has 2 warning signs investors should review. Among 845 Vehicles & Parts companies, Combined Motor Holdings ranks better than 89.23% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Combined Motor Holdings's Enterprise Value is R3,781 Mil.
Combined Motor Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R858 Mil. Therefore, Combined Motor Holdings's EV-to-FCF for today is 4.41.
The historical rank and industry rank for Combined Motor Holdings's EV-to-FCF or its related term are showing as below:
JSE:CMH'
s EV-to-FCF Range Over the Past 10 Years
Min: 2.44 Med: 5.36 Max: 29.07
Current: 4.3
During the past 13 years, the highest EV-to-FCF of Combined Motor Holdings was 29.07. The lowest was 2.44. And the median was 5.36.
JSE:CMH's EV-to-FCF is ranked better than 89.23% of 845
companies
in the Vehicles & Parts industry
Industry Median: 17.13
vs JSE:CMH: 4.30
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.
Combined Motor Holdings (JSE:CMH) 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.
Combined Motor Holdings's PE Ratio (TTM) for today is calculated as:
Combined Motor Holdings's share price for today is R40.24.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Combined Motor Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R5.249.
* 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.
* 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 Auto & Truck Dealerships subindustry, Combined Motor Holdings'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.
Combined Motor Holdings EV-to-FCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Combined Motor Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Combined Motor Holdings's EV-to-FCF falls into.
Combined Motor Holdings's current Enterprise Value is R3,781 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Combined Motor Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Feb. 2026 was R858 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.
Combined Motor Holdings (JSE:CMH) has a EV-to-FCF of 4.41 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Combined Motor Holdings and its competitors. This is 18% below median its historical median of 5.36. Over the past decade, Combined Motor Holdings' EV-to-FCF has ranged from 2.44 to 29.07. According to the industry distribution chart, Combined Motor Holdings ranks #91 out of 845 companies in the Vehicles & Parts industry, placing it in the top 10.8%.
Is Combined Motor Holdings' EV-to-FCF too high?
Combined Motor Holdings' current EV-to-FCF of 4.41 is 18% below median its 10-year median of 5.36. Over the past 10 years, this metric has ranged from a low of 2.44 to a high of 29.07. The Vehicles & Parts industry median EV-to-FCF is 17.13. Combined Motor Holdings' value of 4.41 is 74.3% below this industry median. Based on the distribution chart, Combined Motor Holdings ranks #91 out of 845 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, Combined Motor Holdings has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Combined Motor Holdings' EV-to-FCF compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Combined Motor Holdings ranks #91 out of 845 companies for EV-to-FCF. This places Combined Motor Holdings in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 17.13. Combined Motor Holdings' value of 4.41 is 74.3% below this benchmark. Historically, Combined Motor Holdings' own EV-to-FCF has ranged from 2.44 to 29.07 over the past decade. While the company's 10-year median is 5.36 vs. the industry median of 17.13, Combined Motor Holdings 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 Vehicles & Parts company?
The median EV-to-FCF among Vehicles & Parts companies is 17.13, based on 845 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. Combined Motor Holdings's current EV-to-FCF of 4.41 is 74.3% 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 Combined Motor Holdings and its competitors. For the Vehicles & Parts industry, the median EV-to-FCF is 17.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Combined Motor Holdings's current EV-to-FCF is 4.41, which is 18% below median its own 10-year median of 5.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Combined Motor Holdings stock overvalued right now?
Based on GuruFocus' analysis, Combined Motor Holdings (JSE:CMH) is currently considered Fairly Valued. The stock's GF Value™ is R38.88, compared to a current price of R40.24 — trading 3.5% above its estimated fair value. The current EV-to-FCF is 4.41, which is 18% below median its 10-year median of 5.36 and 74.3% below the Vehicles & Parts industry median of 17.13. Combined Motor Holdings' overall GF Score™ is 92/100 with 2 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 Combined Motor Holdings (JSE:CMH), the current EV-to-FCF is 4.41 as of Jul. 09, 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 Combined Motor Holdings (JSE:CMH) Overvalued in 2026?
Based on GuruFocus' analysis, Combined Motor Holdings stock appears to be overvalued.
The current stock price of R40.24 is trading 3.5% above its estimated GF Value™ of R38.88.
GuruFocus considers Combined Motor Holdings to be Fairly Valued.
Key valuation signals for JSE:CMH:
EV-to-FCF: 4.41 (18% below median its 10-year median of 5.36)
GF Value™: R38.88 vs. price of R40.24 (3.5% above fair value)
Industry Position: 74.3% below the Vehicles & Parts median (#91 of 845)
No single metric tells the full story. See the JSE:CMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Combined Motor Holdings Ltd is a South Africa-based investment holding company engaged in motor retail and distribution, car hire, and financial services. The Company operates through four business segments: Motor Retail and Distribution, which generates maximum revenue and covers passenger, light commercial, and heavy commercial vehicles in both the volume and luxury categories; Car Hire, which offers a range of well-maintained vehicles for short- and long-term hire; Financial Services, which provides insurance underwriting facilities for products sold with new and used vehicles, including coverage for death, disability, dread disease, retrenchment, vehicle and component warranties, and vehicle financing through joint ventures with two finance houses; and Corporate Services and Other.
92GF Score
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