EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Frog Innovations's Enterprise Value is ₹2,683 Mil.
Frog Innovations's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-232 Mil. Therefore, Frog Innovations's EV-to-FCF for today is -11.57.
The historical rank and industry rank for Frog Innovations's EV-to-FCF or its related term are showing as below:
NSE:FROG'
s EV-to-FCF Range Over the Past 10 Years
Min: -34.54 Med: -16.59 Max: 628.95
Current: -11.58
During the past 6 years, the highest EV-to-FCF of Frog Innovations was 628.95. The lowest was -34.54. And the median was -16.59.
NSE:FROG's EV-to-FCF is ranked worse than 100% of 1327
companies
in the Hardware industry
Industry Median: 23.98
vs NSE:FROG: -11.58
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.
Frog Innovations's PE Ratio (TTM) for today is calculated as:
Frog Innovations's share price for today is ₹167.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was ₹11.130.
* 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.
Frog Innovations EV-to-FCF Related Terms
Frog Innovations EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Frog Innovations'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 Communication Equipment subindustry, Frog Innovations'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.
Frog Innovations EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Frog Innovations's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Frog Innovations's EV-to-FCF falls into.
Frog Innovations's current Enterprise Value is ₹2,683 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frog Innovations's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2025 was ₹-232 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.
Frog Innovations (NSE:FROG) has a EV-to-FCF of -11.57 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Frog Innovations and its competitors. According to the industry distribution chart, Frog Innovations ranks #999999 out of 1327 companies in the Hardware industry.
Is Frog Innovations' EV-to-FCF too high?
Frog Innovations' current EV-to-FCF is -11.57. Based on the distribution chart, Frog Innovations ranks #999999 out of 1327 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Frog Innovations has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Frog Innovations' EV-to-FCF compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Frog Innovations ranks #999999 out of 1327 companies for EV-to-FCF. This places Frog Innovations in the lower half of its industry. The industry median EV-to-FCF is 23.98. 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 Hardware company?
The median EV-to-FCF among Hardware companies is 23.98, based on 1,327 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. 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 Frog Innovations and its competitors. For the Hardware industry, the median EV-to-FCF is 23.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frog Innovations's current EV-to-FCF is -11.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frog Innovations stock overvalued right now?
Based on GuruFocus' analysis, Frog Innovations (NSE:FROG) is currently considered Possible Value Trap. The stock's GF Value™ is ₹345.25, compared to a current price of ₹167.95 — trading 51.4% below its estimated fair value. The current EV-to-FCF is -11.57. Frog Innovations' overall GF Score™ is 70/100 with 3 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 Frog Innovations (NSE:FROG), the current EV-to-FCF is -11.57 as of Jul. 04, 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 Frog Innovations (NSE:FROG) Overvalued in 2026?
Based on GuruFocus' analysis, Frog Innovations stock appears to be undervalued.
The current stock price of ₹167.95 is trading 51.4% below its estimated GF Value™ of ₹345.25.
GuruFocus considers Frog Innovations to be Possible Value Trap.
Key valuation signals for NSE:FROG:
EV-to-FCF: -11.57
GF Value™: ₹345.25 vs. price of ₹167.95 (51.4% below fair value)
No single metric tells the full story. See the NSE:FROG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frog Innovations Ltd is a company engaged in manufacturing telecom equipment used by telecom operators, especially in Telecom Towers. The company manufactures 2G/3G/4G/5G Multi-band Digital RF Repeaters, Multi-band Frequency Shift Repeaters, Multi-band Optical DAS systems, relative software, and accessories. The company also offers In-Building Coverage Planning and Design services along with Radio Access Network (RAN) and Backhaul Network installation services. The company collectively operates only in one business segment manufacturing and installation of in-building coverage solutions and mobile network accessories for mobile service providers and operators. It provides its products and services across Asia, Europe, Africa, and the Middle East.
70GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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