AJ Bell (LSE:AJB) EV-to-FCF: 26.20 (As of Jul. 06, 2026) — 13% Below Median


LSE:AJB AJ Bell PLC LSE:AJB
97 GF Score
Price £6.36
GF Value £5.80
Valuation Fairly Valued
! 4 Warning Signs
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What is AJ Bell EV-to-FCF?

AJ Bell LSE:AJB +0.79% 97 EV-to-FCF is 26.20 as of Jul. 06, 2026, which is 13% below its 10-year median of 29.98. GuruFocus rates LSE:AJB with a GF Score™ of 97/100 and a GF Value™ of £5.80 (Fairly Valued). The stock has 4 warning signs investors should review. Among 938 Asset Management companies, AJ Bell ranks worse than 71% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AJ Bell's Enterprise Value is £2,356.0 Mil. AJ Bell's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was £89.9 Mil. Therefore, AJ Bell's EV-to-FCF for today is 26.20.

The historical rank and industry rank for AJ Bell's EV-to-FCF or its related term are showing as below:

LSE:AJB' s EV-to-FCF Range Over the Past 10 Years
Min: 9.17   Med: 29.98   Max: 66.43
Current: 26.2

During the past 10 years, the highest EV-to-FCF of AJ Bell was 66.43. The lowest was 9.17. And the median was 29.98.

LSE:AJB's EV-to-FCF is ranked worse than
71% of 938 companies
in the Asset Management industry
Industry Median: 14.55 vs LSE:AJB: 26.20

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 (2026-07-06), AJ Bell's stock price is £6.36. AJ Bell's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.303. Therefore, AJ Bell's PE Ratio (TTM) for today is 20.99.


AJ Bell  (LSE:AJB) 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.

AJ Bell's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.36/0.303
=20.99

AJ Bell's share price for today is £6.36.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AJ Bell's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.303.

* 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.


AJ Bell EV-to-FCF Related Terms


AJ Bell EV-to-FCF Historical Data

* Premium members only.

The historical data trend for AJ Bell'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.

AJ Bell EV-to-FCF Chart

AJ Bell Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.91 24.44 10.15 17.89 23.90

AJ Bell Semi-Annual Data
Sep16 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 17.89 0.00 23.90 0.00

LSE:AJB vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, AJ Bell'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.


AJ Bell EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, AJ Bell's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where AJ Bell's EV-to-FCF falls into.


LSE:AJB
97GF Score
AJ Bell PLC LSE:AJB
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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AJ Bell EV-to-FCF Calculation

AJ Bell's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2355.995/89.933
=26.20

AJ Bell's current Enterprise Value is £2,356.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AJ Bell's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was £89.9 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 26.20 mean?
AJ Bell (LSE:AJB) has a EV-to-FCF of 26.20 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AJ Bell and its competitors. This is 13% below median its historical median of 29.98. Over the past decade, AJ Bell's EV-to-FCF has ranged from 9.17 to 66.43. According to the industry distribution chart, AJ Bell ranks #666 out of 938 companies in the Asset Management industry, placing it in the top 71%.
Is AJ Bell's EV-to-FCF too high?
AJ Bell's current EV-to-FCF of 26.20 is 13% below median its 10-year median of 29.98. Over the past 10 years, this metric has ranged from a low of 9.17 to a high of 66.43. The Asset Management industry median EV-to-FCF is 14.55. AJ Bell's value of 26.20 is 80.1% above this industry median. Based on the distribution chart, AJ Bell ranks #666 out of 938 companies in the Asset Management industry, which is below the industry midpoint. Overall, AJ Bell has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AJ Bell's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, AJ Bell ranks #666 out of 938 companies for EV-to-FCF. This places AJ Bell in the lower half of its industry. The industry median EV-to-FCF is 14.55. AJ Bell's value of 26.20 is 80.1% above this benchmark. Historically, AJ Bell's own EV-to-FCF has ranged from 9.17 to 66.43 over the past decade. While the company's 10-year median is 29.98 vs. the industry median of 14.55, AJ Bell has consistently been above 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 Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.55, based on 938 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. AJ Bell's current EV-to-FCF of 26.20 is 80.1% above 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 AJ Bell and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AJ Bell's current EV-to-FCF is 26.20, which is 13% below median its own 10-year median of 29.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AJ Bell stock overvalued right now?
Based on GuruFocus' analysis, AJ Bell (LSE:AJB) is currently considered Fairly Valued. The stock's GF Value™ is £5.80, compared to a current price of £6.36 — trading 9.7% above its estimated fair value. The current EV-to-FCF is 26.20, which is 13% below median its 10-year median of 29.98 and 80.1% above the Asset Management industry median of 14.55. AJ Bell's overall GF Score™ is 97/100 with 4 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 AJ Bell (LSE:AJB), the current EV-to-FCF is 26.20 as of Jul. 06, 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 AJ Bell (LSE:AJB) Overvalued in 2026?

Based on GuruFocus' analysis, AJ Bell stock appears to be overvalued. The current stock price of £6.36 is trading 9.7% above its estimated GF Value™ of £5.80. GuruFocus considers AJ Bell to be Fairly Valued.

Key valuation signals for LSE:AJB:

  • EV-to-FCF: 26.20 (13% below median its 10-year median of 29.98)
  • GF Value™: £5.80 vs. price of £6.36 (9.7% above fair value)
  • GF Score™: 97/100 with 4 warning signs
  • Industry Position: 80.1% above the Asset Management median (#666 of 938)

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


AJ Bell Business Description

Other Exchanges AJBl:UK3FY:Germany
Address 4 Exchange Quay, Salford Quays, Manchester, GBR, M5 3EE
AJ Bell PLC is an investment platform in the United Kingdom. The Group has a single operating segment, being investment services in the advised and D2C space, administering investments in SIPPs, ISAs, and General Investment / Dealing Accounts. SIPPs and ISAs, Lifetime ISA, and junior products. The company generates revenue from recurring ad valorem, which includes custody fees, interest income, and investment management fees, and transactional. The company earns its revenue from its domicile country United Kingdom.
97GF Score

Get the complete analysis for LSE:AJB

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

£6.36
Price
£5.80
GF Value