United Projects Co for Aviation Services KSCC (KUW:UPAC) EV-to-FCF: -132.45 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

KUW:UPAC United Projects Co for Aviation Services KSCC KUW:UPAC
24 GF Score
Price KWD0.20
GF Value KWD0.04
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is United Projects Co for Aviation Services KSCC EV-to-FCF?

United Projects Co for Aviation Services KSCC KUW:UPAC -1.01% 24 EV-to-FCF is -132.45 as of Jul. 14, 2026. GuruFocus rates KUW:UPAC with a GF Score™ of 24/100 and a GF Value™ of KWD0.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 673 Transportation companies, United Projects Co for Aviation Services KSCC ranks worse than 148588.26% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, United Projects Co for Aviation Services KSCC's Enterprise Value is KWD184.37 Mil. United Projects Co for Aviation Services KSCC's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was KWD-1.39 Mil. Therefore, United Projects Co for Aviation Services KSCC's EV-to-FCF for today is -132.45.

The historical rank and industry rank for United Projects Co for Aviation Services KSCC's EV-to-FCF or its related term are showing as below:

KUW:UPAC' s EV-to-FCF Range Over the Past 10 Years
Min: -2332.35   Med: 22.2   Max: 245.74
Current: -132.45

During the past 13 years, the highest EV-to-FCF of United Projects Co for Aviation Services KSCC was 245.74. The lowest was -2332.35. And the median was 22.20.

KUW:UPAC's EV-to-FCF is ranked worse than
100% of 673 companies
in the Transportation industry
Industry Median: 14.21 vs KUW:UPAC: -132.45

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 (2026-07-14), United Projects Co for Aviation Services KSCC's stock price is KWD0.197. United Projects Co for Aviation Services KSCC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was KWD-0.005. Therefore, United Projects Co for Aviation Services KSCC's PE Ratio (TTM) for today is At Loss.


United Projects Co for Aviation Services KSCC  (KUW:UPAC) 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.

United Projects Co for Aviation Services KSCC's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.197/-0.005
=At Loss

United Projects Co for Aviation Services KSCC's share price for today is KWD0.197.
United Projects Co for Aviation Services KSCC'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 KWD-0.005.

* 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.


United Projects Co for Aviation Services KSCC EV-to-FCF Related Terms


United Projects Co for Aviation Services KSCC EV-to-FCF Historical Data

* Premium members only.

The historical data trend for United Projects Co for Aviation Services KSCC'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.

United Projects Co for Aviation Services KSCC EV-to-FCF Chart

United Projects Co for Aviation Services KSCC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.50 29.06 33.60 69.09 -2,361.14

United Projects Co for Aviation Services KSCC 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 54.42 61.25 153.94 -2,361.14 -121.32

KUW:UPAC vs JOBY, CAAP: EV-to-FCF Comparison

For the Airports & Air Services subindustry, United Projects Co for Aviation Services KSCC'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.


United Projects Co for Aviation Services KSCC EV-to-FCF vs Transportation Industry

For the Transportation industry and Industrials sector, United Projects Co for Aviation Services KSCC's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where United Projects Co for Aviation Services KSCC's EV-to-FCF falls into.


KUW:UPAC
24GF Score
United Projects Co for Aviation Services KSCC KUW:UPAC
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United Projects Co for Aviation Services KSCC EV-to-FCF Calculation

United Projects Co for Aviation Services KSCC's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=184.368/-1.392
=-132.45

United Projects Co for Aviation Services KSCC's current Enterprise Value is KWD184.37 Mil.
United Projects Co for Aviation Services KSCC'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 KWD-1.39 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 -132.45 mean?
United Projects Co for Aviation Services KSCC (KUW:UPAC) has a EV-to-FCF of -132.45 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on United Projects Co for Aviation Services KSCC and its competitors. According to the industry distribution chart, United Projects Co for Aviation Services KSCC ranks #999999 out of 673 companies in the Transportation industry.
Is United Projects Co for Aviation Services KSCC's EV-to-FCF too high?
United Projects Co for Aviation Services KSCC's current EV-to-FCF is -132.45. Based on the distribution chart, United Projects Co for Aviation Services KSCC ranks #999999 out of 673 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, United Projects Co for Aviation Services KSCC has a GF Score™ of 24/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Projects Co for Aviation Services KSCC's EV-to-FCF compare to JOBY and CAAP?
According to the Transportation industry distribution chart, United Projects Co for Aviation Services KSCC ranks #999999 out of 673 companies for EV-to-FCF. This places United Projects Co for Aviation Services KSCC in the lower half of its industry. The industry median EV-to-FCF is 14.21. 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 14.21, based on 673 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 United Projects Co for Aviation Services KSCC and its competitors. For the Transportation industry, the median EV-to-FCF is 14.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Projects Co for Aviation Services KSCC's current EV-to-FCF is -132.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Projects Co for Aviation Services KSCC stock overvalued right now?
Based on GuruFocus' analysis, United Projects Co for Aviation Services KSCC (KUW:UPAC) is currently considered Significantly Overvalued. The stock's GF Value™ is KWD0.04, compared to a current price of KWD0.20 — trading 392.5% above its estimated fair value. The current EV-to-FCF is -132.45. United Projects Co for Aviation Services KSCC's overall GF Score™ is 24/100 with 5 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 United Projects Co for Aviation Services KSCC (KUW:UPAC), the current EV-to-FCF is -132.45 as of Jul. 14, 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 United Projects Co for Aviation Services KSCC (KUW:UPAC) Overvalued in 2026?

Based on GuruFocus' analysis, United Projects Co for Aviation Services KSCC stock appears to be overvalued. The current stock price of KWD0.20 is trading 392.5% above its estimated GF Value™ of KWD0.04. GuruFocus considers United Projects Co for Aviation Services KSCC to be Significantly Overvalued.

Key valuation signals for KUW:UPAC:

  • EV-to-FCF: -132.45
  • GF Value™: KWD0.04 vs. price of KWD0.20 (392.5% above fair value)
  • GF Score™: 24/100 with 5 warning signs

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


United Projects Co for Aviation Services KSCC Business Description

Address Salmiya - Salem Al-Mubarak Street and Arabian Gulf Street, Plot No. (1A/1) - Block No. (71) - Symphony Building - Floor No. (8). P.O Box 27068, Safat, Kuwait, KWT, 13131
United Projects Co for Aviation Services KSCC is a Kuwait-based company that provides full-service commercial real estate and facilities management. Its services include real estate management, project management and consultancy, as well as maintenance and facilities management services. The company's services are used by retailers, food and beverage companies, airline companies, and financial institutions. It is organised in two operating segments: Investments: consists of investing in the Project and surplus funds in investment portfolios. Service operations: consist of managing projects and providing airplane ground and cleaning services, and other service facilities. The Service Operations segment generates the maximum revenue for the company.
24GF Score

Get the complete analysis for KUW:UPAC

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

KWD0.20
Price
KWD0.04
GF Value