EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Main Street Capital's Enterprise Value is $7,255.9 Mil.
Main Street Capital's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-163.9 Mil. Therefore, Main Street Capital's EV-to-FCF for today is -44.28.
The historical rank and industry rank for Main Street Capital's EV-to-FCF or its related term are showing as below:
MAIN'
s EV-to-FCF Range Over the Past 10 Years
Min: -990.06 Med: -21.23 Max: 698.33
Current: -44.28
During the past 13 years, the highest EV-to-FCF of Main Street Capital was 698.33. The lowest was -990.06. And the median was -21.23.
MAIN's EV-to-FCF is ranked worse than 100% of 937
companies
in the Asset Management industry
Industry Median: 14.49
vs MAIN: -44.28
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.
Main Street Capital (NYSE:MAIN) 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.
Main Street Capital's PE Ratio (TTM) for today is calculated as:
Main Street Capital's share price for today is $51.05.
Main Street Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.750.
* 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.
Main Street Capital EV-to-FCF Related Terms
Main Street Capital EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Main Street Capital'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.
For the Asset Management subindustry, Main Street Capital'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.
Main Street Capital EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Main Street Capital's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Main Street Capital's EV-to-FCF falls into.
Main Street Capital's current Enterprise Value is $7,255.9 Mil.
Main Street Capital's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-163.9 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.
Main Street Capital (MAIN) has a EV-to-FCF of -44.28 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Main Street Capital and its competitors. According to the industry distribution chart, Main Street Capital ranks #999999 out of 937 companies in the Asset Management industry.
Is Main Street Capital's EV-to-FCF too high?
Main Street Capital's current EV-to-FCF is -44.28. Based on the distribution chart, Main Street Capital ranks #999999 out of 937 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Main Street Capital has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Main Street Capital's EV-to-FCF compare to OTF and HASI?
According to the Asset Management industry distribution chart, Main Street Capital ranks #999999 out of 937 companies for EV-to-FCF. This places Main Street Capital in the lower half of its industry. The industry median EV-to-FCF is 14.49. 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 14.49, based on 937 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 Main Street Capital and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Main Street Capital's current EV-to-FCF is -44.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Main Street Capital stock overvalued right now?
Based on GuruFocus' analysis, Main Street Capital (MAIN) is currently considered Fairly Valued. The stock's GF Value™ is $49.18, compared to a current price of $51.05 — trading 3.8% above its estimated fair value. The current EV-to-FCF is -44.28. Main Street Capital's overall GF Score™ is 68/100 with 10 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 Main Street Capital (MAIN), the current EV-to-FCF is -44.28 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.
Is Main Street Capital (MAIN) Overvalued in 2026?
Based on GuruFocus' analysis, Main Street Capital stock appears to be overvalued.
The current stock price of $51.05 is trading 3.8% above its estimated GF Value™ of $49.18.
GuruFocus considers Main Street Capital to be Fairly Valued.
Key valuation signals for MAIN:
EV-to-FCF: -44.28
GF Value™: $49.18 vs. price of $51.05 (3.8% above fair value)
No single metric tells the full story. See the MAIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Main Street Capital Corp is a principal investment firm focused on providing customized long-term debt and equity capital solutions to lower middle market ("LMM") companies and debt capital to private ("Private Loan") companies owned by or in the process of being acquired by a private equity fund. The group invests principally in secured debt investments, equity investments, warrants, and other securities of LMM companies, typically based in the U.S. The company operates as a single segment with a principal investment objective to maximize total return by generating current income from debt investments and current income and capital appreciation from equity and equity-related investments.
68GF Score
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