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Tetra TechMIL:1TTEK 66 EV-to-FCF is 18.73 as of Sep. 22, 2026, which is 26% below its 10-year median of 25.21. GuruFocus rates MIL:1TTEK with a GF Score™ of 66/100 and a GF Value™ of €27.98 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,082 Construction companies, Tetra Tech ranks worse than 59.24% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Tetra Tech's Enterprise Value is €8,652 Mil.
Tetra Tech's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €462 Mil. Therefore, Tetra Tech's EV-to-FCF for today is 18.73.
The historical rank and industry rank for Tetra Tech's EV-to-FCF or its related term are showing as below:
MIL:1TTEK'
s EV-to-FCF Range Over the Past 10 Years
Min: 11.59 Med: 25.21 Max: 57.03
Current: 18.52
During the past 13 years, the highest EV-to-FCF of Tetra Tech was 57.03. The lowest was 11.59. And the median was 25.21.
MIL:1TTEK's EV-to-FCF is ranked worse than 59.24% of 1082
companies
in the Construction industry
Industry Median: 13.675
vs MIL:1TTEK: 18.52
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.
Tetra Tech's share price for today is €31.27.
Tetra Tech'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 €1.425.
* 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.
Tetra Tech EV-to-FCF Related Terms
Tetra Tech EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Tetra Tech'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 Engineering & Construction subindustry, Tetra Tech'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.
Tetra Tech EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, Tetra Tech's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Tetra Tech's EV-to-FCF falls into.
Tetra Tech's current Enterprise Value is €8,652 Mil.
Tetra Tech'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 €462 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.
Tetra Tech (MIL:1TTEK) has a EV-to-FCF of 18.73 as of Sep. 22, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Tetra Tech and its competitors. This is 26% below median its historical median of 25.21. Over the past decade, Tetra Tech's EV-to-FCF has ranged from 11.59 to 57.03. According to the industry distribution chart, Tetra Tech ranks #641 out of 1082 companies in the Construction industry, placing it in the top 59.2%.
Is Tetra Tech's EV-to-FCF too high?
Tetra Tech's current EV-to-FCF of 18.73 is 26% below median its 10-year median of 25.21. Over the past 10 years, this metric has ranged from a low of 11.59 to a high of 57.03. The Construction industry median EV-to-FCF is 13.68. Tetra Tech's value of 18.73 is 37% above this industry median. Based on the distribution chart, Tetra Tech ranks #641 out of 1082 companies in the Construction industry, which is below the industry midpoint. Overall, Tetra Tech has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tetra Tech's EV-to-FCF compare to ACM and DY?
According to the Construction industry distribution chart, Tetra Tech ranks #641 out of 1082 companies for EV-to-FCF. This places Tetra Tech in the lower half of its industry. The industry median EV-to-FCF is 13.68. Tetra Tech's value of 18.73 is 37% above this benchmark. Historically, Tetra Tech's own EV-to-FCF has ranged from 11.59 to 57.03 over the past decade. While the company's 10-year median is 25.21 vs. the industry median of 13.68, Tetra Tech 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 a Construction company?
The median EV-to-FCF among Construction companies is 13.68, based on 1,082 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. Tetra Tech's current EV-to-FCF of 18.73 is 37% 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 Tetra Tech and its competitors. For the Construction industry, the median EV-to-FCF is 13.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tetra Tech's current EV-to-FCF is 18.73, which is 26% below median its own 10-year median of 25.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tetra Tech stock overvalued right now?
Based on GuruFocus' analysis, Tetra Tech (MIL:1TTEK) is currently considered Modestly Overvalued. The stock's GF Value™ is €27.98, compared to a current price of €31.27 — trading 11.8% above its estimated fair value. The current EV-to-FCF is 18.73, which is 26% below median its 10-year median of 25.21 and 37% above the Construction industry median of 13.68. Tetra Tech's overall GF Score™ is 66/100 with 2 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 Tetra Tech (MIL:1TTEK), the current EV-to-FCF is 18.73 as of Sep. 22, 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 Tetra Tech (MIL:1TTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Tetra Tech stock appears to be overvalued.
The current stock price of €31.27 is trading 11.8% above its estimated GF Value™ of €27.98.
GuruFocus considers Tetra Tech to be Modestly Overvalued.
Key valuation signals for MIL:1TTEK:
EV-to-FCF: 18.73 (26% below median its 10-year median of 25.21)
GF Value™: €27.98 vs. price of €31.27 (11.8% above fair value)
Industry Position: 37% above the Construction median (#641 of 1082)
No single metric tells the full story. See the MIL:1TTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tetra Tech Inc. is a consulting and engineering services firm focused on water, environment, infrastructure, resource management, energy, and international development. It serves government and commercial clients through two reportable segments: Government Services Group, which works with U.S. federal, state, and local agencies and international development agencies, and Commercial/International Services Group, which serves U.S. commercial clients and international clients outside the development agency space. The company is known for water-related engineering and environmental services, including water treatment, remediation, and sustainable infrastructure design, as well as disaster response and recovery support. It also provides program management, construction management, and technical consulting. Tetra Tech operates primarily in the United States, Canada, and other international markets, generating revenue through fee-based consulting contracts, engineering services, and long-term government and commercial agreements.
66GF Score
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