EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Black Hills's Enterprise Value is MXN180,695 Mil.
Black Hills's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-5,684 Mil. Therefore, Black Hills's EV-to-FCF for today is -31.79.
The historical rank and industry rank for Black Hills's EV-to-FCF or its related term are showing as below:
MEX:BKH'
s EV-to-FCF Range Over the Past 10 Years
Min: -1220.39 Med: -22.25 Max: 398.53
Current: -32.93
During the past 13 years, the highest EV-to-FCF of Black Hills was 398.53. The lowest was -1220.39. And the median was -22.25.
MEX:BKH's EV-to-FCF is ranked worse than 100% of 298
companies
in the Utilities - Regulated industry
Industry Median: 18.51
vs MEX:BKH: -32.93
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.
Black Hills's PE Ratio (TTM) for today is calculated as:
Black Hills's share price for today is MXN1089.00.
Black Hills'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 MXN69.371.
* 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.
Black Hills EV-to-FCF Related Terms
Black Hills EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Black Hills'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 Utilities - Regulated Gas subindustry, Black Hills'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.
Black Hills EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Black Hills's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Black Hills's EV-to-FCF falls into.
Black Hills's current Enterprise Value is MXN180,695 Mil.
Black Hills'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 MXN-5,684 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.
Black Hills (MEX:BKH) has a EV-to-FCF of -31.79 as of Jul. 11, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Black Hills and its competitors. According to the industry distribution chart, Black Hills ranks #999999 out of 298 companies in the Utilities - Regulated industry.
Is Black Hills' EV-to-FCF too high?
Black Hills' current EV-to-FCF is -31.79. Based on the distribution chart, Black Hills ranks #999999 out of 298 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Black Hills has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Black Hills' EV-to-FCF compare to NJR and OGS?
According to the Utilities - Regulated industry distribution chart, Black Hills ranks #999999 out of 298 companies for EV-to-FCF. This places Black Hills in the lower half of its industry. The industry median EV-to-FCF is 18.51. 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 Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.51, based on 298 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 Black Hills and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Hills's current EV-to-FCF is -31.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hills stock overvalued right now?
Black Hills (MEX:BKH) has a current EV-to-FCF of -31.79. The stock's GF Value™ is MXN876.49, compared to a current price of MXN1,089.00 — trading 24.2% above its estimated fair value. The current EV-to-FCF is -31.79. Black Hills' overall GF Score™ is 75/100 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 Black Hills (MEX:BKH), the current EV-to-FCF is -31.79 as of Jul. 11, 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 Black Hills (MEX:BKH) Overvalued in 2026?
Based on GuruFocus' analysis, Black Hills stock appears to be overvalued.
The current stock price of MXN1,089.00 is trading 24.2% above its estimated GF Value™ of MXN876.49.
Key valuation signals for MEX:BKH:
EV-to-FCF: -31.79
GF Value™: MXN876.49 vs. price of MXN1,089.00 (24.2% above fair value)
No single metric tells the full story. See the MEX:BKH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Black Hills Corp is a U.S.-based energy company that operates through its Electric Utilities and Gas Utilities segment. These segments operate in states in the Midwest and mountain regions in the U.S. The company's customers include residential, commercial, industrial, and municipal consumers. These customers are residential. Black Hills derives the majority of its revenue from its utility business group, specifically from gas utilities.
75GF Score
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