Montanaro European Smaller Trust (LSE:MTE) EV-to-FCF: 4.01 (As of Jul. 15, 2026) — 74% Below Median

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LSE:MTE Montanaro European Smaller Companies Trust PLC LSE:MTE
37 GF Score
Price £1.75
! 4 Warning Signs
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What is Montanaro European Smaller Trust EV-to-FCF?

Montanaro European Smaller Trust LSE:MTE +0.87% 37 EV-to-FCF is 4.01 as of Jul. 15, 2026, which is 74% below its 10-year median of 15.39. GuruFocus rates LSE:MTE with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 935 Asset Management companies, Montanaro European Smaller Trust ranks better than 86.2% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Montanaro European Smaller Trust's Enterprise Value is £231.41 Mil. Montanaro European Smaller Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was £57.67 Mil. Therefore, Montanaro European Smaller Trust's EV-to-FCF for today is 4.01.

The historical rank and industry rank for Montanaro European Smaller Trust's EV-to-FCF or its related term are showing as below:

LSE:MTE' s EV-to-FCF Range Over the Past 10 Years
Min: -71.57   Med: 15.39   Max: 106.69
Current: 4.01

During the past 13 years, the highest EV-to-FCF of Montanaro European Smaller Trust was 106.69. The lowest was -71.57. And the median was 15.39.

LSE:MTE's EV-to-FCF is ranked better than
86.2% of 935 companies
in the Asset Management industry
Industry Median: 14.5 vs LSE:MTE: 4.01

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 (2026-07-15), Montanaro European Smaller Trust's stock price is £1.745. Montanaro European Smaller Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was £0.177. Therefore, Montanaro European Smaller Trust's PE Ratio (TTM) for today is 9.86.


Montanaro European Smaller Trust  (LSE:MTE) 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.

Montanaro European Smaller Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.745/0.177
=9.86

Montanaro European Smaller Trust's share price for today is £1.745.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Montanaro European Smaller Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was £0.177.

* 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.


Montanaro European Smaller Trust EV-to-FCF Related Terms


Montanaro European Smaller Trust EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Montanaro European Smaller Trust'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.

Montanaro European Smaller Trust EV-to-FCF Chart

Montanaro European Smaller Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.75 -8.66 35.14 93.29 13.31

Montanaro European Smaller Trust Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.00 93.29 0.00 13.31 0.00

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

For the Asset Management subindustry, Montanaro European Smaller Trust'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.


Montanaro European Smaller Trust EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Montanaro European Smaller Trust's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Montanaro European Smaller Trust's EV-to-FCF falls into.


LSE:MTE
37GF Score
Montanaro European Smaller Companies Trust PLC LSE:MTE
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Montanaro European Smaller Trust EV-to-FCF Calculation

Montanaro European Smaller Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=231.411/57.665
=4.01

Montanaro European Smaller Trust's current Enterprise Value is £231.41 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Montanaro European Smaller Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was £57.67 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 4.01 mean?
Montanaro European Smaller Trust (LSE:MTE) has a EV-to-FCF of 4.01 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Montanaro European Smaller Trust and its competitors. This is 74% below median its historical median of 15.39. According to the industry distribution chart, Montanaro European Smaller Trust ranks #129 out of 935 companies in the Asset Management industry, placing it in the top 13.8%.
Is Montanaro European Smaller Trust's EV-to-FCF too high?
Montanaro European Smaller Trust's current EV-to-FCF of 4.01 is 74% below median its 10-year median of 15.39. The Asset Management industry median EV-to-FCF is 14.50. Montanaro European Smaller Trust's value of 4.01 is 72.3% below this industry median. Based on the distribution chart, Montanaro European Smaller Trust ranks #129 out of 935 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Montanaro European Smaller Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Montanaro European Smaller Trust's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Montanaro European Smaller Trust ranks #129 out of 935 companies for EV-to-FCF. This places Montanaro European Smaller Trust in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.50. Montanaro European Smaller Trust's value of 4.01 is 72.3% below this benchmark. While the company's 10-year median is 15.39 vs. the industry median of 14.50, Montanaro European Smaller Trust 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 an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.50, based on 935 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. Montanaro European Smaller Trust's current EV-to-FCF of 4.01 is 72.3% 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 Montanaro European Smaller Trust and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Montanaro European Smaller Trust's current EV-to-FCF is 4.01, which is 74% below median its own 10-year median of 15.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Montanaro European Smaller Trust stock overvalued right now?
Montanaro European Smaller Trust (LSE:MTE) has a current EV-to-FCF of 4.01. The current EV-to-FCF is 4.01, which is 74% below median its 10-year median of 15.39 and 72.3% below the Asset Management industry median of 14.50. Montanaro European Smaller Trust's overall GF Score™ is 37/100 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 Montanaro European Smaller Trust (LSE:MTE), the current EV-to-FCF is 4.01 as of Jul. 15, 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.

Montanaro European Smaller Trust Business Description

Address 28 Walker Street, Edinburgh, GBR, EH3 7HR
Montanaro European Smaller Companies Trust PLC is an investment trust. The company's investment objective is to achieve capital growth by investing principally in Continental European quoted smaller companies. Its benchmark index is the MSCI Europe SmallCap (ex UK) Index (in sterling terms). It has a presence in Sweden, Germany, Italy, Switzerland, France, Norway, Netherlands, Denmark, Spain, Belgium, Portugal, and Austria. The company invests in Energy, Materials, Industrials, Consumer Discretionary, Consumer Staples, Health Care, Financials, Information Technology, Communication Services, and Property sectors.
37GF Score

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

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