Mercury SystemsMEX:MRCY 35 EV-to-FCF is 86.21 as of Jun. 25, 2026, which is 60% above its 10-year median of 53.95. GuruFocus rates MEX:MRCY with a GF Score™ of 35/100 and a GF Value™ of MXN791.56 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 180 Aerospace & Defense companies, Mercury Systems ranks worse than 77.22% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Mercury Systems's Enterprise Value is MXN116,368 Mil.
Mercury Systems's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN1,350 Mil. Therefore, Mercury Systems's EV-to-FCF for today is 86.21.
The historical rank and industry rank for Mercury Systems's EV-to-FCF or its related term are showing as below:
MEX:MRCY'
s EV-to-FCF Range Over the Past 10 Years
Min: -1578.62 Med: 53.95 Max: 234.25
Current: 90.16
During the past 13 years, the highest EV-to-FCF of Mercury Systems was 234.25. The lowest was -1578.62. And the median was 53.95.
MEX:MRCY's EV-to-FCF is ranked worse than 77.22% of 180
companies
in the Aerospace & Defense industry
Industry Median: 34.65
vs MEX:MRCY: 90.16
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.
Mercury Systems's PE Ratio (TTM) for today is calculated as:
Mercury Systems's share price for today is MXN1937.83.
Mercury Systems'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 MXN-4.155.
* 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.
Mercury Systems EV-to-FCF Related Terms
Mercury Systems EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Mercury Systems'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 Aerospace & Defense subindustry, Mercury Systems'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.
Mercury Systems EV-to-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Mercury Systems's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Mercury Systems's EV-to-FCF falls into.
Mercury Systems's current Enterprise Value is MXN116,368 Mil.
Mercury Systems'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 MXN1,350 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.
Mercury Systems (MEX:MRCY) has a EV-to-FCF of 86.21 as of Jun. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Mercury Systems and its competitors. This is 60% above median its historical median of 53.95. According to the industry distribution chart, Mercury Systems ranks #139 out of 180 companies in the Aerospace & Defense industry, placing it in the top 77.2%.
Is Mercury Systems' EV-to-FCF too high?
Mercury Systems' current EV-to-FCF of 86.21 is 60% above median its 10-year median of 53.95. The Aerospace & Defense industry median EV-to-FCF is 34.65. Mercury Systems' value of 86.21 is 148.8% above this industry median. Based on the distribution chart, Mercury Systems ranks #139 out of 180 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Mercury Systems has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercury Systems' EV-to-FCF compare to HXL and LUNR?
According to the Aerospace & Defense industry distribution chart, Mercury Systems ranks #139 out of 180 companies for EV-to-FCF. This places Mercury Systems in the lower half of its industry. The industry median EV-to-FCF is 34.65. Mercury Systems' value of 86.21 is 148.8% above this benchmark. While the company's 10-year median is 53.95 vs. the industry median of 34.65, Mercury Systems has consistently been above 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 an Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 34.65, based on 180 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. Mercury Systems's current EV-to-FCF of 86.21 is 148.8% above 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 Mercury Systems and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 34.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercury Systems's current EV-to-FCF is 86.21, which is 60% above median its own 10-year median of 53.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury Systems stock overvalued right now?
Based on GuruFocus' analysis, Mercury Systems (MEX:MRCY) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN791.56, compared to a current price of MXN1,937.83 — trading 144.8% above its estimated fair value. The current EV-to-FCF is 86.21, which is 60% above median its 10-year median of 53.95 and 148.8% above the Aerospace & Defense industry median of 34.65. Mercury Systems' overall GF Score™ is 35/100 with 4 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 Mercury Systems (MEX:MRCY), the current EV-to-FCF is 86.21 as of Jun. 25, 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 Mercury Systems (MEX:MRCY) Overvalued in 2026?
Based on GuruFocus' analysis, Mercury Systems stock appears to be overvalued.
The current stock price of MXN1,937.83 is trading 144.8% above its estimated GF Value™ of MXN791.56.
GuruFocus considers Mercury Systems to be Significantly Overvalued.
Key valuation signals for MEX:MRCY:
EV-to-FCF: 86.21 (60% above median its 10-year median of 53.95)
GF Value™: MXN791.56 vs. price of MXN1,937.83 (144.8% above fair value)
Industry Position: 148.8% above the Aerospace & Defense median (#139 of 180)
No single metric tells the full story. See the MEX:MRCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercury Systems Inc is a commercial technology company serving the aerospace and defense industry. The company envisions, creates, and delivers secure open architecture solutions powering a broad range of mission-critical applications in challenging and demanding environments. Its Mercury Processing Platform spans the full breadth of signal processing from radio frequency front end to the human-machine interface to convert meaningful data, gathered in remote and hostile environments, into critical decisions. The company manufactures components, products, modules, and subsystems and sells to defense prime contractors, the U.S. government, original equipment manufacturers, and commercial aerospace companies. Geographically, it derives maximum revenue from the United States.
35GF Score
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