Polar Capital Technology Trust (LSE:PCT) EV-to-FCF: 10.54 (As of Aug. 28, 2026) — 67% Below Median

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LSE:PCT Polar Capital Technology Trust PLC LSE:PCT
35 GF Score
Price £6.54
! 3 Warning Signs
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What is Polar Capital Technology Trust EV-to-FCF?

Polar Capital Technology Trust LSE:PCT +1.63% 35 EV-to-FCF is 10.54 as of Aug. 28, 2026, which is 67% below its 10-year median of 31.66. GuruFocus rates LSE:PCT with a GF Score™ of 35/100. The stock has 3 warning signs investors should review. Among 942 Asset Management companies, Polar Capital Technology Trust ranks better than 61.89% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Polar Capital Technology Trust's Enterprise Value is £6,725 Mil. Polar Capital Technology Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was £638 Mil. Therefore, Polar Capital Technology Trust's EV-to-FCF for today is 10.54.

The historical rank and industry rank for Polar Capital Technology Trust's EV-to-FCF or its related term are showing as below:

LSE:PCT' s EV-to-FCF Range Over the Past 10 Years
Min: -85.49   Med: 31.66   Max: 501.08
Current: 10.3

During the past 13 years, the highest EV-to-FCF of Polar Capital Technology Trust was 501.08. The lowest was -85.49. And the median was 31.66.

LSE:PCT's EV-to-FCF is ranked better than
61.89% of 942 companies
in the Asset Management industry
Industry Median: 14.105 vs LSE:PCT: 10.30

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.

As of today (2026-08-28), Polar Capital Technology Trust's stock price is £6.535. Polar Capital Technology Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was £3.304. Therefore, Polar Capital Technology Trust's PE Ratio (TTM) for today is 1.98.


Polar Capital Technology Trust  (LSE:PCT) 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.

Polar Capital Technology Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.535/3.304
=1.98

Polar Capital Technology Trust's share price for today is £6.535.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Technology Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was £3.304.

* 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.


Polar Capital Technology Trust EV-to-FCF Related Terms


Polar Capital Technology Trust EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Polar Capital Technology 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.

Polar Capital Technology Trust EV-to-FCF Chart

Polar Capital Technology Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.67 58.74 372.54 18.58 9.74

Polar Capital Technology Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 372.54 0.00 18.58 0.00 9.74

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

For the Asset Management subindustry, Polar Capital Technology 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.


Polar Capital Technology Trust EV-to-FCF vs Asset Management Industry

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

* The bar in red indicates where Polar Capital Technology Trust's EV-to-FCF falls into.


LSE:PCT
35GF Score
Polar Capital Technology Trust PLC LSE:PCT
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Polar Capital Technology Trust EV-to-FCF Calculation

Polar Capital Technology Trust's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6724.721/638.072
=10.54

Polar Capital Technology Trust's current Enterprise Value is £6,725 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Technology Trust's Free Cash Flow for the trailing twelve months (TTM) ended in Apr. 2026 was £638 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 10.54 mean?
Polar Capital Technology Trust (LSE:PCT) has a EV-to-FCF of 10.54 as of Aug. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Polar Capital Technology Trust and its competitors. This is 67% below median its historical median of 31.66. According to the industry distribution chart, Polar Capital Technology Trust ranks #359 out of 942 companies in the Asset Management industry, placing it in the top 38.1%.
Is Polar Capital Technology Trust's EV-to-FCF too high?
Polar Capital Technology Trust's current EV-to-FCF of 10.54 is 67% below median its 10-year median of 31.66. The Asset Management industry median EV-to-FCF is 14.11. Polar Capital Technology Trust's value of 10.54 is 25.3% below this industry median. Based on the distribution chart, Polar Capital Technology Trust ranks #359 out of 942 companies in the Asset Management industry, which is above the industry midpoint. Overall, Polar Capital Technology Trust has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Technology Trust's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Technology Trust ranks #359 out of 942 companies for EV-to-FCF. This puts Polar Capital Technology Trust in the upper half of its industry. The industry median EV-to-FCF is 14.11. Polar Capital Technology Trust's value of 10.54 is 25.3% below this benchmark. While the company's 10-year median is 31.66 vs. the industry median of 14.11, Polar Capital Technology 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 14.11, based on 942 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. Polar Capital Technology Trust's current EV-to-FCF of 10.54 is 25.3% 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 Polar Capital Technology Trust and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Technology Trust's current EV-to-FCF is 10.54, which is 67% below median its own 10-year median of 31.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Technology Trust stock overvalued right now?
Polar Capital Technology Trust (LSE:PCT) has a current EV-to-FCF of 10.54. The current EV-to-FCF is 10.54, which is 67% below median its 10-year median of 31.66 and 25.3% below the Asset Management industry median of 14.11. Polar Capital Technology Trust's overall GF Score™ is 35/100 with 3 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 Polar Capital Technology Trust (LSE:PCT), the current EV-to-FCF is 10.54 as of Aug. 28, 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.

Polar Capital Technology Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company has an investment objective to achieve long-term capital growth by investing in a diversified portfolio of technology companies world-wide. Geographically, the company generates investment income from North America, Europe, and the Asia Pacific region. It invests in sectors such as Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and others.
35GF Score

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