Elevance HealthMEX:ELV 71 EV-to-FCF is 16.79 as of Jul. 05, 2026, which is 8% below its 10-year median of 18.27. GuruFocus rates MEX:ELV with a GF Score™ of 71/100 and a GF Value™ of MXN8,687.10 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 17 Healthcare Plans companies, Elevance Health ranks better than 58.82% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Elevance Health's Enterprise Value is MXN1,980,965 Mil.
Elevance Health's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN117,981 Mil. Therefore, Elevance Health's EV-to-FCF for today is 16.79.
The historical rank and industry rank for Elevance Health's EV-to-FCF or its related term are showing as below:
MEX:ELV'
s EV-to-FCF Range Over the Past 10 Years
Min: 8.09 Med: 18.27 Max: 184.48
Current: 17.53
During the past 13 years, the highest EV-to-FCF of Elevance Health was 184.48. The lowest was 8.09. And the median was 18.27.
MEX:ELV's EV-to-FCF is ranked better than 58.82% of 17
companies
in the Healthcare Plans industry
Industry Median: 20.01
vs MEX:ELV: 17.53
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.
Elevance Health's PE Ratio (TTM) for today is calculated as:
Elevance Health's share price for today is MXN7144.06.
Elevance Health'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 MXN431.940.
* 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.
Elevance Health EV-to-FCF Related Terms
Elevance Health EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Elevance Health'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 Healthcare Plans subindustry, Elevance Health'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.
Elevance Health EV-to-FCF vs Healthcare Plans Industry
For the Healthcare Plans industry and Healthcare sector, Elevance Health's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Elevance Health's EV-to-FCF falls into.
Elevance Health's current Enterprise Value is MXN1,980,965 Mil.
Elevance Health'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 MXN117,981 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.
Elevance Health (MEX:ELV) has a EV-to-FCF of 16.79 as of Jul. 05, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Elevance Health and its competitors. This is near median its historical median of 18.27. Over the past decade, Elevance Health's EV-to-FCF has ranged from 8.09 to 184.48. According to the industry distribution chart, Elevance Health ranks #7 out of 17 companies in the Healthcare Plans industry, placing it in the top 41.2%.
Is Elevance Health's EV-to-FCF too high?
Elevance Health's current EV-to-FCF of 16.79 is near median its 10-year median of 18.27. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 184.48. The Healthcare Plans industry median EV-to-FCF is 20.01. Elevance Health's value of 16.79 is 16.1% below this industry median. Based on the distribution chart, Elevance Health ranks #7 out of 17 companies in the Healthcare Plans industry, which is above the industry midpoint. Overall, Elevance Health has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elevance Health's EV-to-FCF compare to CI and HUM?
According to the Healthcare Plans industry distribution chart, Elevance Health ranks #7 out of 17 companies for EV-to-FCF. This puts Elevance Health in the upper half of its industry. The industry median EV-to-FCF is 20.01. Elevance Health's value of 16.79 is 16.1% below this benchmark. Historically, Elevance Health's own EV-to-FCF has ranged from 8.09 to 184.48 over the past decade. While the company's 10-year median is 18.27 vs. the industry median of 20.01, Elevance Health 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 a Healthcare Plans company?
The median EV-to-FCF among Healthcare Plans companies is 20.01, based on 17 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. Elevance Health's current EV-to-FCF of 16.79 is 16.1% 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 Elevance Health and its competitors. For the Healthcare Plans industry, the median EV-to-FCF is 20.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elevance Health's current EV-to-FCF is 16.79, which is near median its own 10-year median of 18.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elevance Health stock overvalued right now?
Based on GuruFocus' analysis, Elevance Health (MEX:ELV) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,687.10, compared to a current price of MXN7,144.06 — trading 17.8% below its estimated fair value. The current EV-to-FCF is 16.79, which is near median its 10-year median of 18.27 and 16.1% below the Healthcare Plans industry median of 20.01. Elevance Health's overall GF Score™ is 71/100 with 8 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 Elevance Health (MEX:ELV), the current EV-to-FCF is 16.79 as of Jul. 05, 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 Elevance Health (MEX:ELV) Overvalued in 2026?
Based on GuruFocus' analysis, Elevance Health stock appears to be undervalued.
The current stock price of MXN7,144.06 is trading 17.8% below its estimated GF Value™ of MXN8,687.10.
GuruFocus considers Elevance Health to be Modestly Undervalued.
Key valuation signals for MEX:ELV:
EV-to-FCF: 16.79 (near median its 10-year median of 18.27)
GF Value™: MXN8,687.10 vs. price of MXN7,144.06 (17.8% below fair value)
Industry Position: 16.1% below the Healthcare Plans median (#7 of 17)
No single metric tells the full story. See the MEX:ELV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elevance Health remains one of the leading health insurers in the US, providing medical benefits to 45 million medical members at the end of 2025. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states in government-sponsored programs, such as Medicaid and Medicare Advantage plans, too. It is also an emerging player in pharmacy benefit management and other healthcare services.
71GF Score
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