Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
IC Electricals CoNSE:ICELCO +1.35%17 EV-to-FCF is -24.20 as of Sep. 10, 2026. GuruFocus rates NSE:ICELCO with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 662 Transportation companies, IC Electricals Co ranks worse than 151057.25% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, IC Electricals Co's Enterprise Value is ₹2,955 Mil.
IC Electricals Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-122 Mil. Therefore, IC Electricals Co's EV-to-FCF for today is -24.20.
The historical rank and industry rank for IC Electricals Co's EV-to-FCF or its related term are showing as below:
NSE:ICELCO'
s EV-to-FCF Range Over the Past 10 Years
Min: -32.24 Med: -28.07 Max: -23.98
Current: -23.98
During the past 4 years, the highest EV-to-FCF of IC Electricals Co was -23.98. The lowest was -32.24. And the median was -28.07.
NSE:ICELCO's EV-to-FCF is ranked worse than 100% of 662
companies
in the Transportation industry
Industry Median: 15.05
vs NSE:ICELCO: -23.98
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.
IC Electricals Co (NSE:ICELCO) 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.
IC Electricals Co's PE Ratio (TTM) for today is calculated as:
IC Electricals Co's share price for today is ₹120.55.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IC Electricals Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹7.708.
* 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.
IC Electricals Co EV-to-FCF Related Terms
IC Electricals Co EV-to-FCF Historical Data
* Premium members only.
The historical data trend for IC Electricals Co'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.
IC Electricals Co EV-to-FCF Chart
IC Electricals Co Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
EV-to-FCF
0.00
0.00
0.00
0.00
IC Electricals Co Semi-Annual Data
Mar23
Mar24
Mar25
Mar26
EV-to-FCF
0.00
0.00
0.00
0.00
NSE:ICELCO vs UNP, CSX, NSC: EV-to-FCF Comparison
For the Railroads subindustry, IC Electricals Co'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.
IC Electricals Co EV-to-FCF vs Transportation Industry
For the Transportation industry and Industrials sector, IC Electricals Co's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where IC Electricals Co's EV-to-FCF falls into.
IC Electricals Co's current Enterprise Value is ₹2,955 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. IC Electricals Co's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-122 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.
IC Electricals Co (NSE:ICELCO) has a EV-to-FCF of -24.20 as of Sep. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on IC Electricals Co and its competitors. According to the industry distribution chart, IC Electricals Co ranks #999999 out of 662 companies in the Transportation industry.
Is IC Electricals Co's EV-to-FCF too high?
IC Electricals Co's current EV-to-FCF is -24.20. Based on the distribution chart, IC Electricals Co ranks #999999 out of 662 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, IC Electricals Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does IC Electricals Co's EV-to-FCF compare to UNP and CSX?
According to the Transportation industry distribution chart, IC Electricals Co ranks #999999 out of 662 companies for EV-to-FCF. This places IC Electricals Co in the lower half of its industry. The industry median EV-to-FCF is 15.05. 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 Transportation company?
The median EV-to-FCF among Transportation companies is 15.05, based on 662 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 IC Electricals Co and its competitors. For the Transportation industry, the median EV-to-FCF is 15.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IC Electricals Co's current EV-to-FCF is -24.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IC Electricals Co stock overvalued right now?
IC Electricals Co (NSE:ICELCO) has a current EV-to-FCF of -24.20. The current EV-to-FCF is -24.20. IC Electricals Co's overall GF Score™ is 17/100 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 IC Electricals Co (NSE:ICELCO), the current EV-to-FCF is -24.20 as of Sep. 10, 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.
IC Electricals Co Ltd is engaged in the business of manufacturing of electronic equipment for Railways Application. Its offerings include various electronic products such as regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, and vigilance control devices, compliant with the latest technical standards. Additionally, the company also manufactures railway components, including alternators, traction motors, and permanent magnet alternators with controllers. The majority of its revenue is derived from the sale of electronic products to government departments and ministries such as Ministry of Railways.
17GF Score
Get the complete analysis for NSE:ICELCO
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:ICELCO has been successfully added to your 
