Ethos (NSE:ETHOSLTD) EV-to-FCF: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

NSE:ETHOSLTD Ethos Ltd NSE:ETHOSLTD
94 GF Score
Price ₹2,536.10
GF Value ₹3,494.40
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ethos EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ethos's Enterprise Value is ₹66,049 Mil. Ethos's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Ethos's EV-to-FCF for today is .

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

NSE:ETHOSLTD' s EV-to-FCF Range Over the Past 10 Years
Min: 0   Med: 0   Max: 360.34
Current: 360.34

During the past 8 years, the highest EV-to-FCF of Ethos was 360.34. The lowest was 0.00. And the median was 0.00.

NSE:ETHOSLTD's EV-to-FCF is ranked worse than
98.71% of 777 companies
in the Retail - Cyclical industry
Industry Median: 13.63 vs NSE:ETHOSLTD: 360.34

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 (2026-07-31), Ethos's stock price is ₹2536.10. Ethos's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹36.210. Therefore, Ethos's PE Ratio (TTM) for today is 70.04.


Ethos  (NSE:ETHOSLTD) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2536.10/36.210
=70.04

Ethos's share price for today is ₹2536.10.
Ethos'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 ₹36.210.

* 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.


Ethos EV-to-FCF Related Terms


Ethos EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Ethos'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.

Ethos EV-to-FCF Chart

Ethos Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial 0.00 -36.44 -711.19 -61.89 307.17

Ethos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -61.89 0.00 0.00 0.00 307.17

NSE:ETHOSLTD vs TPR: EV-to-FCF Comparison

For the Luxury Goods subindustry, Ethos'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.


Ethos EV-to-FCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ethos's EV-to-FCF distribution charts can be found below:

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


NSE:ETHOSLTD
94GF Score
Ethos Ltd NSE:ETHOSLTD
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ethos EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=66049.232/0
=

Ethos's current Enterprise Value is ₹66,049 Mil.
Ethos'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 ₹0 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.

Is Ethos (NSE:ETHOSLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Ethos stock appears to be undervalued. The current stock price of ₹2,536.10 is trading 27.4% below its estimated GF Value™ of ₹3,494.40. GuruFocus considers Ethos to be Modestly Undervalued.

Key valuation signals for NSE:ETHOSLTD:

  • EV-to-FCF:
  • GF Value™: ₹3,494.40 vs. price of ₹2,536.10 (27.4% below fair value)
  • GF Score™: 94/100 with 2 warning signs

No single metric tells the full story. See the NSE:ETHOSLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ethos Business Description

Other Exchanges 543532:India
Address MG Road, Virendra Gram, First Floor, Global Gateway Towers A, Guru Dronacharya Metro Station, Gurugram, HR, IND, 122 002
Ethos Ltd is a luxury and premium watch retailer. The company's portfolio of premium and luxury watches includes brands like Omega, IWC Schaffhausen, Jaeger LeCoultre, Panerai, Bvlgari, H. Moser & Cie, Rado, Longines, Baume & Mercier, Oris SA, Corum, Carl F. Bucherer, Tissot, Raymond Weil, Louis Moinet, Balmain, and many more. The company also offers an omnichannel experience through its website and social media platforms.
94GF Score

Get the complete analysis for NSE:ETHOSLTD

EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,536.10
Price
₹3,494.40
GF Value