Frendy Energy SpAMIL:FRE -2.09%28 EV-to-FCF is 11.37 as of Jun. 24, 2026, which is 17% below its 10-year median of 13.67. GuruFocus rates MIL:FRE with a GF Score™ of 28/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 232 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks better than 65.52% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Frendy Energy SpA's Enterprise Value is €8.04 Mil.
Frendy Energy SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.71 Mil. Therefore, Frendy Energy SpA's EV-to-FCF for today is 11.37.
The historical rank and industry rank for Frendy Energy SpA's EV-to-FCF or its related term are showing as below:
MIL:FRE'
s EV-to-FCF Range Over the Past 10 Years
Min: -14.44 Med: 13.67 Max: 71.71
Current: 11.71
During the past 13 years, the highest EV-to-FCF of Frendy Energy SpA was 71.71. The lowest was -14.44. And the median was 13.67.
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.
Frendy Energy SpA's PE Ratio (TTM) for today is calculated as:
Frendy Energy SpA's share price for today is €0.187.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.001.
* 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.
Frendy Energy SpA EV-to-FCF Related Terms
Frendy Energy SpA EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Frendy Energy SpA'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 Utilities - Renewable subindustry, Frendy Energy SpA'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.
Frendy Energy SpA EV-to-FCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Frendy Energy SpA's EV-to-FCF falls into.
Frendy Energy SpA's current Enterprise Value is €8.04 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €0.71 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.
Frendy Energy SpA (MIL:FRE) has a EV-to-FCF of 11.37 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Frendy Energy SpA and its competitors. This is 17% below median its historical median of 13.67. According to the industry distribution chart, Frendy Energy SpA ranks #80 out of 232 companies in the Utilities - Independent Power Producers industry, placing it in the top 34.5%.
Is Frendy Energy SpA's EV-to-FCF too high?
Frendy Energy SpA's current EV-to-FCF of 11.37 is 17% below median its 10-year median of 13.67. The Utilities - Independent Power Producers industry median EV-to-FCF is 16.40. Frendy Energy SpA's value of 11.37 is 30.7% below this industry median. Based on the distribution chart, Frendy Energy SpA ranks #80 out of 232 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Frendy Energy SpA has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's EV-to-FCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #80 out of 232 companies for EV-to-FCF. This puts Frendy Energy SpA in the upper half of its industry. The industry median EV-to-FCF is 16.40. Frendy Energy SpA's value of 11.37 is 30.7% below this benchmark. While the company's 10-year median is 13.67 vs. the industry median of 16.40, Frendy Energy SpA 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 an Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 16.40, based on 232 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. Frendy Energy SpA's current EV-to-FCF of 11.37 is 30.7% 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 Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 16.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current EV-to-FCF is 11.37, which is 17% below median its own 10-year median of 13.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 15% below its estimated fair value. The current EV-to-FCF is 11.37, which is 17% below median its 10-year median of 13.67 and 30.7% below the Utilities - Independent Power Producers industry median of 16.40. Frendy Energy SpA's overall GF Score™ is 28/100 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 Frendy Energy SpA (MIL:FRE), the current EV-to-FCF is 11.37 as of Jun. 24, 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?
Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued.
The current stock price of €0.19 is trading 15% below its estimated GF Value™ of €0.22.
GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:FRE:
EV-to-FCF: 11.37 (17% below median its 10-year median of 13.67)
GF Value™: €0.22 vs. price of €0.19 (15% below fair value)
Industry Position: 30.7% below the Utilities - Independent Power Producers median (#80 of 232)
No single metric tells the full story. See the MIL:FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
28GF Score
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