Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Core Scientific's Enterprise Value is €8,316.8 Mil.
Core Scientific's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €-836.1 Mil. Therefore, Core Scientific's EV-to-FCF for today is -9.95.
The historical rank and industry rank for Core Scientific's EV-to-FCF or its related term are showing as below:
MIL:1CORZ'
s EV-to-FCF Range Over the Past 10 Years
Min: -208.78 Med: -17.72 Max: 2750.4
Current: -9.85
During the past 7 years, the highest EV-to-FCF of Core Scientific was 2750.40. The lowest was -208.78. And the median was -17.72.
MIL:1CORZ's EV-to-FCF is ranked worse than 100% of 1604
companies
in the Software industry
Industry Median: 14.8
vs MIL:1CORZ: -9.85
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.
Core Scientific's PE Ratio (TTM) for today is calculated as:
Core Scientific's share price for today is €18.756.
Core Scientific's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.823.
* 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.
Core Scientific EV-to-FCF Related Terms
Core Scientific EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Core Scientific'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 Software - Infrastructure subindustry, Core Scientific'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.
Core Scientific EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Core Scientific's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Core Scientific's EV-to-FCF falls into.
Core Scientific's current Enterprise Value is €8,316.8 Mil.
Core Scientific's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-836.1 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.
Core Scientific (MIL:1CORZ) has a EV-to-FCF of -9.95 as of Jul. 31, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Core Scientific and its competitors. According to the industry distribution chart, Core Scientific ranks #999999 out of 1604 companies in the Software industry.
Is Core Scientific's EV-to-FCF too high?
Core Scientific's current EV-to-FCF is -9.95. Based on the distribution chart, Core Scientific ranks #999999 out of 1604 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Core Scientific has a GF Score™ of 36/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Core Scientific's EV-to-FCF compare to DBX and MBGL?
According to the Software industry distribution chart, Core Scientific ranks #999999 out of 1604 companies for EV-to-FCF. This places Core Scientific in the lower half of its industry. The industry median EV-to-FCF is 14.80. 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 Software company?
The median EV-to-FCF among Software companies is 14.80, based on 1,604 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 Core Scientific and its competitors. For the Software industry, the median EV-to-FCF is 14.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core Scientific's current EV-to-FCF is -9.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core Scientific stock overvalued right now?
Based on GuruFocus' analysis, Core Scientific (MIL:1CORZ) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.18, compared to a current price of €18.76 — trading 104.3% above its estimated fair value. The current EV-to-FCF is -9.95. Core Scientific's overall GF Score™ is 36/100 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 Core Scientific (MIL:1CORZ), the current EV-to-FCF is -9.95 as of Jul. 31, 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 Core Scientific (MIL:1CORZ) Overvalued in 2026?
Based on GuruFocus' analysis, Core Scientific stock appears to be overvalued.
The current stock price of €18.76 is trading 104.3% above its estimated GF Value™ of €9.18.
GuruFocus considers Core Scientific to be Significantly Overvalued.
Key valuation signals for MIL:1CORZ:
EV-to-FCF: -9.95
GF Value™: €9.18 vs. price of €18.76 (104.3% above fair value)
No single metric tells the full story. See the MIL:1CORZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Core Scientific Inc is engaged in designing, building, and operating digital infrastructure for high-density colocation services and digital asset mining. The business operates in three operating segments: Digital Asset Self-Mining, consisting of performing digital asset mining for its own account, Digital Asset Hosted Mining, consisting of providing hosting services to third parties for digital asset mining, and Colocation, consisting of providing high-density colocation services to third parties for AI / HPC operations. The majority of revenue is derived from the Digital Asset Self-Mining Segment.
36GF Score
Get the complete analysis for MIL:1CORZ
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:1CORZ has been successfully added to your 
