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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ice Make Refrigeration's Enterprise Value is ₹14,370 Mil.
Ice Make Refrigeration's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Ice Make Refrigeration's EV-to-FCF for today is .
The historical rank and industry rank for Ice Make Refrigeration's EV-to-FCF or its related term are showing as below:
NSE:ICEMAKE'
s EV-to-FCF Range Over the Past 10 Years
Min: -29.53 Med: -15.28 Max: -10.75
Current: -28.54
During the past 13 years, the highest EV-to-FCF of Ice Make Refrigeration was -10.75. The lowest was -29.53. And the median was -15.28.
NSE:ICEMAKE's EV-to-FCF is ranked worse than 100% of 1719
companies
in the Industrial Products industry
Industry Median: 24.39
vs NSE:ICEMAKE: -28.54
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.
Ice Make Refrigeration (NSE:ICEMAKE) 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.
Ice Make Refrigeration's PE Ratio (TTM) for today is calculated as:
Ice Make Refrigeration's share price for today is ₹817.45.
Ice Make Refrigeration'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 ₹7.720.
* 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.
* 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 Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.
Ice Make Refrigeration EV-to-FCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ice Make Refrigeration's EV-to-FCF falls into.
Ice Make Refrigeration's current Enterprise Value is ₹14,370 Mil.
Ice Make Refrigeration'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 Ice Make Refrigeration (NSE:ICEMAKE) Overvalued in 2026?
Based on GuruFocus' analysis, Ice Make Refrigeration stock appears to be undervalued.
The current stock price of ₹817.45 is trading 29.5% below its estimated GF Value™ of ₹1,159.54.
GuruFocus considers Ice Make Refrigeration to be Possible Value Trap.
Key valuation signals for NSE:ICEMAKE:
EV-to-FCF:
GF Value™: ₹1,159.54 vs. price of ₹817.45 (29.5% below fair value)
No single metric tells the full story. See the NSE:ICEMAKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment is the Manufacturing of Cold Rooms, freezers, Refrigeration Systems, and chilling plants. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. Its product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.
95GF Score
Get the complete analysis for NSE:ICEMAKE
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