Trane TechnologiesMIL:1TTH -1.82%71 EV-to-FCF is 36.11 as of Jul. 02, 2026, which is 37% above its 10-year median of 26.31. GuruFocus rates MIL:1TTH with a GF Score™ of 71/100 and a GF Value™ of €370.24 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,099 Construction companies, Trane Technologies ranks worse than 76.8% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Trane Technologies's Enterprise Value is €97,192 Mil.
Trane Technologies's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €2,691 Mil. Therefore, Trane Technologies's EV-to-FCF for today is 36.11.
The historical rank and industry rank for Trane Technologies's EV-to-FCF or its related term are showing as below:
MIL:1TTH'
s EV-to-FCF Range Over the Past 10 Years
Min: 8.39 Med: 26.31 Max: 54.2
Current: 35.28
During the past 13 years, the highest EV-to-FCF of Trane Technologies was 54.20. The lowest was 8.39. And the median was 26.31.
MIL:1TTH's EV-to-FCF is ranked worse than 76.8% of 1099
companies
in the Construction industry
Industry Median: 13.36
vs MIL:1TTH: 35.28
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.
Trane Technologies's PE Ratio (TTM) for today is calculated as:
Trane Technologies's share price for today is €430.40.
Trane Technologies'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 €11.115.
* 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.
Trane Technologies EV-to-FCF Related Terms
Trane Technologies EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Trane Technologies'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 Building Products & Equipment subindustry, Trane Technologies'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.
Trane Technologies EV-to-FCF vs Construction Industry
For the Construction industry and Industrials sector, Trane Technologies's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Trane Technologies's EV-to-FCF falls into.
Trane Technologies's current Enterprise Value is €97,192 Mil.
Trane Technologies'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 €2,691 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.
Trane Technologies (MIL:1TTH) has a EV-to-FCF of 36.11 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Trane Technologies and its competitors. This is 37% above median its historical median of 26.31. Over the past decade, Trane Technologies' EV-to-FCF has ranged from 8.39 to 54.20. According to the industry distribution chart, Trane Technologies ranks #844 out of 1099 companies in the Construction industry, placing it in the top 76.8%.
Is Trane Technologies' EV-to-FCF too high?
Trane Technologies' current EV-to-FCF of 36.11 is 37% above median its 10-year median of 26.31. Over the past 10 years, this metric has ranged from a low of 8.39 to a high of 54.20. The Construction industry median EV-to-FCF is 13.36. Trane Technologies' value of 36.11 is 170.3% above this industry median. Based on the distribution chart, Trane Technologies ranks #844 out of 1099 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Trane Technologies has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Trane Technologies' EV-to-FCF compare to JCI and CARR?
According to the Construction industry distribution chart, Trane Technologies ranks #844 out of 1099 companies for EV-to-FCF. This places Trane Technologies in the lower half of its industry. The industry median EV-to-FCF is 13.36. Trane Technologies' value of 36.11 is 170.3% above this benchmark. Historically, Trane Technologies' own EV-to-FCF has ranged from 8.39 to 54.20 over the past decade. While the company's 10-year median is 26.31 vs. the industry median of 13.36, Trane Technologies 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 13.36, based on 1,099 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. Trane Technologies's current EV-to-FCF of 36.11 is 170.3% 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 Trane Technologies and its competitors. For the Construction industry, the median EV-to-FCF is 13.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trane Technologies's current EV-to-FCF is 36.11, which is 37% above median its own 10-year median of 26.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trane Technologies stock overvalued right now?
Based on GuruFocus' analysis, Trane Technologies (MIL:1TTH) is currently considered Modestly Overvalued. The stock's GF Value™ is €370.24, compared to a current price of €430.40 — trading 16.2% above its estimated fair value. The current EV-to-FCF is 36.11, which is 37% above median its 10-year median of 26.31 and 170.3% above the Construction industry median of 13.36. Trane Technologies' overall GF Score™ is 71/100 with 6 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 Trane Technologies (MIL:1TTH), the current EV-to-FCF is 36.11 as of Jul. 02, 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 Trane Technologies (MIL:1TTH) Overvalued in 2026?
Based on GuruFocus' analysis, Trane Technologies stock appears to be overvalued.
The current stock price of €430.40 is trading 16.2% above its estimated GF Value™ of €370.24.
GuruFocus considers Trane Technologies to be Modestly Overvalued.
Key valuation signals for MIL:1TTH:
EV-to-FCF: 36.11 (37% above median its 10-year median of 26.31)
GF Value™: €370.24 vs. price of €430.40 (16.2% above fair value)
Industry Position: 170.3% above the Construction median (#844 of 1099)
No single metric tells the full story. See the MIL:1TTH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Trane Technologies manufactures and services commercial and residential HVAC systems and transportation refrigeration solutions under its prominent Trane, American Standard, and Thermo King brands. The company generates approximately 70% of sales from equipment and 30% from parts and services. While the firm is domiciled in Ireland, North America accounts for approximately 80% of its revenue, with 13% from EMEA and 7% Asia-Pacific. The company was formed in 2020 when its former parent, Ingersoll Rand, merged with Gardner Denver in a tax-advantaged reverse Morris trust transaction.
71GF Score
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