MWH (SOLV Energy) EV-to-FCF: 28.48 (As of Aug. 15, 2026) — 51% Above Median

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MWH SOLV Energy Inc MWH
16 GF Score
Price $32.00
! 2 Warning Signs
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What is SOLV Energy EV-to-FCF?

SOLV Energy MWH -2.23% 16 EV-to-FCF is 28.48 as of Aug. 15, 2026, which is 51% above its 10-year median of 18.80. GuruFocus rates MWH with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 238 Utilities - Independent Power Producers companies, SOLV Energy ranks worse than 69.33% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, SOLV Energy's Enterprise Value is $6,575 Mil. SOLV Energy's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was $231 Mil. Therefore, SOLV Energy's EV-to-FCF for today is 28.48.

The historical rank and industry rank for SOLV Energy's EV-to-FCF or its related term are showing as below:

MWH' s EV-to-FCF Range Over the Past 10 Years
Min: 15.03   Med: 18.8   Max: 28.48
Current: 28.48

During the past 4 years, the highest EV-to-FCF of SOLV Energy was 28.48. The lowest was 15.03. And the median was 18.80.

MWH's EV-to-FCF is ranked worse than
69.33% of 238 companies
in the Utilities - Independent Power Producers industry
Industry Median: 16.55 vs MWH: 28.48

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.

As of today (2026-08-15), SOLV Energy's stock price is $32.00. SOLV Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.278. Therefore, SOLV Energy's PE Ratio (TTM) for today is 115.11.


SOLV Energy  (NAS:MWH) EV-to-FCF Explanation

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.

SOLV Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.00/0.278
=115.11

SOLV Energy's share price for today is $32.00.
SOLV Energy'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 $0.278.

* 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.


SOLV Energy EV-to-FCF Related Terms


SOLV Energy EV-to-FCF Historical Data

* Premium members only.

The historical data trend for SOLV Energy'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.

SOLV Energy EV-to-FCF Chart

SOLV Energy Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-FCF
0.00 0.00 0.00 0.00

SOLV Energy Quarterly Data
Dec23 Dec24 Mar25 Sep25 Dec25 Mar26 Jun26
EV-to-FCF Get a 7-Day Free Trial 0.00 0.00 0.00 30.09 30.18

MWH vs ORA, CWEN, FRVO: EV-to-FCF Comparison

For the Utilities - Renewable subindustry, SOLV Energy'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.


SOLV Energy EV-to-FCF vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, SOLV Energy's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where SOLV Energy's EV-to-FCF falls into.


MWH
16GF Score
SOLV Energy Inc MWH
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
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SOLV Energy EV-to-FCF Calculation

SOLV Energy's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6574.888/230.824
=28.48

SOLV Energy's current Enterprise Value is $6,575 Mil.
SOLV Energy'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 $231 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 28.48 mean?
SOLV Energy (MWH) has a EV-to-FCF of 28.48 as of Aug. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on SOLV Energy and its competitors. This is 51% above median its historical median of 18.80. Over the past decade, SOLV Energy's EV-to-FCF has ranged from 15.03 to 28.48. According to the industry distribution chart, SOLV Energy ranks #165 out of 238 companies in the Utilities - Independent Power Producers industry, placing it in the top 69.3%.
Is SOLV Energy's EV-to-FCF too high?
SOLV Energy's current EV-to-FCF of 28.48 is 51% above median its 10-year median of 18.80. Over the past 10 years, this metric has ranged from a low of 15.03 to a high of 28.48. The Utilities - Independent Power Producers industry median EV-to-FCF is 16.55. SOLV Energy's value of 28.48 is 72.1% above this industry median. Based on the distribution chart, SOLV Energy ranks #165 out of 238 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, SOLV Energy has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does SOLV Energy's EV-to-FCF compare to ORA and CWEN?
According to the Utilities - Independent Power Producers industry distribution chart, SOLV Energy ranks #165 out of 238 companies for EV-to-FCF. This places SOLV Energy in the lower half of its industry. The industry median EV-to-FCF is 16.55. SOLV Energy's value of 28.48 is 72.1% above this benchmark. Historically, SOLV Energy's own EV-to-FCF has ranged from 15.03 to 28.48 over the past decade. While the company's 10-year median is 18.80 vs. the industry median of 16.55, SOLV Energy 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 Utilities - Independent Power Producers company?
The median EV-to-FCF among Utilities - Independent Power Producers companies is 16.55, based on 238 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. SOLV Energy's current EV-to-FCF of 28.48 is 72.1% 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 SOLV Energy and its competitors. For the Utilities - Independent Power Producers industry, the median EV-to-FCF is 16.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SOLV Energy's current EV-to-FCF is 28.48, which is 51% above median its own 10-year median of 18.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SOLV Energy stock overvalued right now?
SOLV Energy (MWH) has a current EV-to-FCF of 28.48. The current EV-to-FCF is 28.48, which is 51% above median its 10-year median of 18.80 and 72.1% above the Utilities - Independent Power Producers industry median of 16.55. SOLV Energy's overall GF Score™ is 16/100 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 SOLV Energy (MWH), the current EV-to-FCF is 28.48 as of Aug. 15, 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.

SOLV Energy Business Description

Address 16680 West Bernardo Drive, San Diego, CA, USA, 92127
SOLV Energy Inc is a provider of infrastructure services to the power industry, including engineering, procurement, construction, testing, commissioning, operations, maintenance and repowering. It specializes in designing, building and maintaining utility-scale solar and battery storage projects and related T&D infrastructure. The company's projects include: The Eldorado Solar Project, Gravel Pit Solar Project, and Vikings Solar-plus-Storage Project. It operates in one reportable segment which derives revenue through providing EPC, O&M and Development services throughout the Unites Sates. The company derives maximum of revenue from its EPC contracts.
16GF Score

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