Impax Environmental MarketsLSE:IEM -1.59%40 EV-to-FCF is 29.44 as of Jul. 09, 2026, which is 87% below its 10-year median of 218.98. GuruFocus rates LSE:IEM with a GF Score™ of 40/100. The stock has 4 warning signs investors should review. Among 936 Asset Management companies, Impax Environmental Markets ranks worse than 74.79% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Impax Environmental Markets's Enterprise Value is £244.90 Mil.
Impax Environmental Markets's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £8.32 Mil. Therefore, Impax Environmental Markets's EV-to-FCF for today is 29.44.
The historical rank and industry rank for Impax Environmental Markets's EV-to-FCF or its related term are showing as below:
LSE:IEM'
s EV-to-FCF Range Over the Past 10 Years
Min: 22.68 Med: 218.98 Max: 1452.01
Current: 29.77
During the past 13 years, the highest EV-to-FCF of Impax Environmental Markets was 1452.01. The lowest was 22.68. And the median was 218.98.
LSE:IEM's EV-to-FCF is ranked worse than 74.79% of 936
companies
in the Asset Management industry
Industry Median: 14.515
vs LSE:IEM: 29.77
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.
Impax Environmental Markets's PE Ratio (TTM) for today is calculated as:
Impax Environmental Markets's share price for today is £4.335.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Impax Environmental Markets's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.069.
* 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.
Impax Environmental Markets EV-to-FCF Related Terms
Impax Environmental Markets EV-to-FCF Historical Data
* 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 Asset Management subindustry, Impax Environmental Markets'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.
Impax Environmental Markets EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Impax Environmental Markets's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Impax Environmental Markets's EV-to-FCF falls into.
Impax Environmental Markets's current Enterprise Value is £244.90 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Impax Environmental Markets's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was £8.32 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.
Impax Environmental Markets (LSE:IEM) has a EV-to-FCF of 29.44 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Impax Environmental Markets and its competitors. This is 87% below median its historical median of 218.98. Over the past decade, Impax Environmental Markets' EV-to-FCF has ranged from 22.68 to 1,452.01. According to the industry distribution chart, Impax Environmental Markets ranks #700 out of 936 companies in the Asset Management industry, placing it in the top 74.8%.
Is Impax Environmental Markets' EV-to-FCF too high?
Impax Environmental Markets' current EV-to-FCF of 29.44 is 87% below median its 10-year median of 218.98. Over the past 10 years, this metric has ranged from a low of 22.68 to a high of 1,452.01. The Asset Management industry median EV-to-FCF is 14.52. Impax Environmental Markets' value of 29.44 is 102.8% above this industry median. Based on the distribution chart, Impax Environmental Markets ranks #700 out of 936 companies in the Asset Management industry, which is below the industry midpoint. Overall, Impax Environmental Markets has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Impax Environmental Markets' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Environmental Markets ranks #700 out of 936 companies for EV-to-FCF. This places Impax Environmental Markets in the lower half of its industry. The industry median EV-to-FCF is 14.52. Impax Environmental Markets' value of 29.44 is 102.8% above this benchmark. Historically, Impax Environmental Markets' own EV-to-FCF has ranged from 22.68 to 1,452.01 over the past decade. While the company's 10-year median is 218.98 vs. the industry median of 14.52, Impax Environmental Markets 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 14.52, based on 936 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. Impax Environmental Markets's current EV-to-FCF of 29.44 is 102.8% 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 Impax Environmental Markets and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Environmental Markets's current EV-to-FCF is 29.44, which is 87% below median its own 10-year median of 218.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Environmental Markets stock overvalued right now?
Impax Environmental Markets (LSE:IEM) has a current EV-to-FCF of 29.44. The current EV-to-FCF is 29.44, which is 87% below median its 10-year median of 218.98 and 102.8% above the Asset Management industry median of 14.52. Impax Environmental Markets' overall GF Score™ is 40/100 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 Impax Environmental Markets (LSE:IEM), the current EV-to-FCF is 29.44 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.
Impax Environmental Markets PLC is an investment trust company that is engaged in portfolio management. The company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water, and waste. It invests in quoted companies that provide, utilize, implement, or advise upon technology-based systems, products, or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.
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