Zest SpA (LTS:0QU2) EV-to-FCF: -17.87 (As of Jul. 20, 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.

LTS:0QU2 Zest SpA LTS:0QU2
23 GF Score
Price €0.29
GF Value €0.33
! 5 Warning Signs
View Full Analysis

What is Zest SpA EV-to-FCF?

Zest SpA LTS:0QU2 23 EV-to-FCF is -17.87 as of Jul. 20, 2026. GuruFocus rates LTS:0QU2 with a GF Score™ of 23/100 and a GF Value™ of €0.33. The stock has 5 warning signs investors should review. Among 938 Asset Management companies, Zest SpA ranks worse than 106609.7% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Zest SpA's Enterprise Value is €30.42 Mil. Zest SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.70 Mil. Therefore, Zest SpA's EV-to-FCF for today is -17.87.

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

LTS:0QU2' s EV-to-FCF Range Over the Past 10 Years
Min: -83.3   Med: -14.09   Max: -5.53
Current: -17.87

During the past 13 years, the highest EV-to-FCF of Zest SpA was -5.53. The lowest was -83.30. And the median was -14.09.

LTS:0QU2's EV-to-FCF is ranked worse than
100% of 938 companies
in the Asset Management industry
Industry Median: 14.265 vs LTS:0QU2: -17.87

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 (2026-07-20), Zest SpA's stock price is €0.29281. Zest SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.006. Therefore, Zest SpA's PE Ratio (TTM) for today is At Loss.


Zest SpA  (LTS:0QU2) 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.

Zest SpA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.29281/-0.006
=At Loss

Zest SpA's share price for today is €0.29281.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zest SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.006.

* 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.


Zest SpA EV-to-FCF Related Terms


Zest SpA EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Zest SpA'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.

Zest SpA EV-to-FCF Chart

Zest SpA 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 -13.46 -17.40 -86.37 -6.94 -19.38

Zest SpA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -86.37 0.00 -6.94 0.00 -19.38

LTS:0QU2 vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, Zest SpA'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.


Zest SpA EV-to-FCF vs Asset Management Industry

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

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


LTS:0QU2
23GF Score
Zest SpA LTS:0QU2
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zest SpA EV-to-FCF Calculation

Zest SpA's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=30.416/-1.702
=-17.87

Zest SpA's current Enterprise Value is €30.42 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Zest SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-1.70 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 -17.87 mean?
Zest SpA (LTS:0QU2) has a EV-to-FCF of -17.87 as of Jul. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Zest SpA and its competitors. According to the industry distribution chart, Zest SpA ranks #999999 out of 938 companies in the Asset Management industry.
Is Zest SpA's EV-to-FCF too high?
Zest SpA's current EV-to-FCF is -17.87. Based on the distribution chart, Zest SpA ranks #999999 out of 938 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Zest SpA has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Zest SpA's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Zest SpA ranks #999999 out of 938 companies for EV-to-FCF. This places Zest SpA in the lower half of its industry. The industry median EV-to-FCF is 14.27. 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 14.27, 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. 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 Zest SpA and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zest SpA's current EV-to-FCF is -17.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zest SpA stock overvalued right now?
Zest SpA (LTS:0QU2) has a current EV-to-FCF of -17.87. The stock's GF Value™ is €0.33, compared to a current price of €0.29 — trading 11.3% below its estimated fair value. The current EV-to-FCF is -17.87. Zest SpA's overall GF Score™ is 23/100 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 Zest SpA (LTS:0QU2), the current EV-to-FCF is -17.87 as of Jul. 20, 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 Zest SpA (LTS:0QU2) Overvalued in 2026?

Based on GuruFocus' analysis, Zest SpA stock appears to be undervalued. The current stock price of €0.29 is trading 11.3% below its estimated GF Value™ of €0.33.

Key valuation signals for LTS:0QU2:

  • EV-to-FCF: -17.87
  • GF Value™: €0.33 vs. price of €0.29 (11.3% below fair value)
  • GF Score™: 23/100 with 5 warning signs

No single metric tells the full story. See the LTS:0QU2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zest SpA Business Description

Other Exchanges ZEST:Italy
Address Via Marsala 29h, Rome, ITA, 00185
Zest SpA formerly LVenture Group SpA is a holding company. It operates in the Private Equity and Venture Capital and provides financial support for the development of StartUp, bringing also a network of relationships and high sectoral expertise.
23GF Score

Get the complete analysis for LTS:0QU2

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

€0.29
Price
€0.33
GF Value