EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Metalpha Technology Holding's Enterprise Value is $12.42 Mil.
Metalpha Technology Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was $19.45 Mil. Therefore, Metalpha Technology Holding's EV-to-FCF for today is 0.64.
The historical rank and industry rank for Metalpha Technology Holding's EV-to-FCF or its related term are showing as below:
MATH'
s EV-to-FCF Range Over the Past 10 Years
Min: -43.31 Med: -2.43 Max: 4978.29
Current: 0.64
During the past 11 years, the highest EV-to-FCF of Metalpha Technology Holding was 4978.29. The lowest was -43.31. And the median was -2.43.
MATH's EV-to-FCF is ranked better than 82.41% of 449
companies
in the Capital Markets industry
Industry Median: 9.83
vs MATH: 0.64
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.
Metalpha Technology Holding's PE Ratio (TTM) for today is calculated as:
Metalpha Technology Holding's share price for today is $0.991.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Metalpha Technology Holding's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was $0.180.
* 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.
Metalpha Technology Holding EV-to-FCF Related Terms
Metalpha Technology Holding 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 Capital Markets subindustry, Metalpha Technology Holding'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.
Metalpha Technology Holding EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Metalpha Technology Holding's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Metalpha Technology Holding's EV-to-FCF falls into.
Metalpha Technology Holding's current Enterprise Value is $12.42 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Metalpha Technology Holding's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was $19.45 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.
Metalpha Technology Holding (MATH) has a EV-to-FCF of 0.64 as of Jul. 12, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Metalpha Technology Holding and its competitors. According to the industry distribution chart, Metalpha Technology Holding ranks #79 out of 449 companies in the Capital Markets industry, placing it in the top 17.6%.
Is Metalpha Technology Holding's EV-to-FCF too high?
Metalpha Technology Holding's current EV-to-FCF is 0.64. The Capital Markets industry median EV-to-FCF is 9.83. Metalpha Technology Holding's value of 0.64 is 93.5% below this industry median. Based on the distribution chart, Metalpha Technology Holding ranks #79 out of 449 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Metalpha Technology Holding has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Metalpha Technology Holding's EV-to-FCF compare to HGBL and GSIW?
According to the Capital Markets industry distribution chart, Metalpha Technology Holding ranks #79 out of 449 companies for EV-to-FCF. This places Metalpha Technology Holding in the top 18% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 9.83. Metalpha Technology Holding's value of 0.64 is 93.5% below this benchmark. 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 a Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.83, based on 449 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. Metalpha Technology Holding's current EV-to-FCF of 0.64 is 93.5% 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 Metalpha Technology Holding and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalpha Technology Holding's current EV-to-FCF is 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalpha Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Metalpha Technology Holding (MATH) is currently considered Possible Value Trap. The stock's GF Value™ is $2.30, compared to a current price of $0.99 — trading 56.9% below its estimated fair value. The current EV-to-FCF is 0.64 and 93.5% below the Capital Markets industry median of 9.83. Metalpha Technology Holding's overall GF Score™ is 42/100 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 Metalpha Technology Holding (MATH), the current EV-to-FCF is 0.64 as of Jul. 12, 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 Metalpha Technology Holding (MATH) Overvalued in 2026?
Based on GuruFocus' analysis, Metalpha Technology Holding stock appears to be undervalued.
The current stock price of $0.99 is trading 56.9% below its estimated GF Value™ of $2.30.
GuruFocus considers Metalpha Technology Holding to be Possible Value Trap.
Key valuation signals for MATH:
EV-to-FCF: 0.64
GF Value™: $2.30 vs. price of $0.99 (56.9% below fair value)
Industry Position: 93.5% below the Capital Markets median (#79 of 449)
No single metric tells the full story. See the MATH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Metalpha Technology Holding Ltd is a digital asset focused wealth management company. The company predominantly generates revenue from the execution of cryptocurrency-related transactions, which includes the issuance of derivative products to over-the-counter (OTC) clients and its proprietary trading activities. It has partnered with a crypto exchange to provide crypto derivative market-making services for its clients, facilitating the trading of crypto derivative products. In addition, the company also engages in providing traditional financial derivative products, and asset management services. It operates in a single segment which is the trading of proprietary digital assets and derivative contracts, and generates majority of its revenue from Hong Kong.
42GF Score
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