Keynote Financial Services (NSE:KEYFINSERV) EV-to-FCF: (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:KEYFINSERV Keynote Financial Services Ltd NSE:KEYFINSERV
79 GF Score
Price ₹259.37
GF Value ₹225.38
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Keynote Financial Services EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Keynote Financial Services's Enterprise Value is ₹1,373.3 Mil. Keynote Financial Services's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.0 Mil. Therefore, Keynote Financial Services's EV-to-FCF for today is .

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

NSE:KEYFINSERV' s EV-to-FCF Range Over the Past 10 Years
Min: -5.27   Med: 0   Max: 0
Current: -5.27

NSE:KEYFINSERV's EV-to-FCF is ranked worse than
100% of 447 companies
in the Capital Markets industry
Industry Median: 9.64 vs NSE:KEYFINSERV: -5.27

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 (2026-07-14), Keynote Financial Services's stock price is ₹259.37. Keynote Financial Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹11.970. Therefore, Keynote Financial Services's PE Ratio (TTM) for today is 21.67.


Keynote Financial Services  (NSE:KEYFINSERV) 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.

Keynote Financial Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=259.37/11.970
=21.67

Keynote Financial Services's share price for today is ₹259.37.
Keynote Financial Services'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 ₹11.970.

* 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.


Keynote Financial Services EV-to-FCF Related Terms


Keynote Financial Services EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Keynote Financial Services'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.

Keynote Financial Services EV-to-FCF Chart

Keynote Financial Services Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.46 -0.41 1.78 12.08 -4.45

Keynote Financial Services 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 12.08 0.00 0.00 0.00 -4.45

NSE:KEYFINSERV vs MS, GS, SCHW: EV-to-FCF Comparison

For the Capital Markets subindustry, Keynote Financial Services'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.


Keynote Financial Services EV-to-FCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Keynote Financial Services's EV-to-FCF distribution charts can be found below:

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


NSE:KEYFINSERV
79GF Score
Keynote Financial Services Ltd NSE:KEYFINSERV
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Keynote Financial Services EV-to-FCF Calculation

Keynote Financial Services's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1373.274/0
=

Keynote Financial Services's current Enterprise Value is ₹1,373.3 Mil.
Keynote Financial Services'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 ₹0.0 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 Keynote Financial Services (NSE:KEYFINSERV) Overvalued in 2026?

Based on GuruFocus' analysis, Keynote Financial Services stock appears to be overvalued. The current stock price of ₹259.37 is trading 15.1% above its estimated GF Value™ of ₹225.38. GuruFocus considers Keynote Financial Services to be Modestly Overvalued.

Key valuation signals for NSE:KEYFINSERV:

  • EV-to-FCF:
  • GF Value™: ₹225.38 vs. price of ₹259.37 (15.1% above fair value)
  • GF Score™: 79/100 with 5 warning signs

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


Keynote Financial Services Business Description

Other Exchanges 512597:India
Address Senapati Bapat Marg, Kasaravadi, The Ruby, 9th Floor, Dadar (West), Mumbai, MH, IND, 400028
Keynote Financial Services Ltd is engaged in the capital market business sector. Its operating segments include Corporate Finance; ESOP Advisory; Merchant Banking; and Debt advisory. The company generates maximum revenue from the Merchant banking segment. Geographically, it generates the majority of the revenue from India. Broking and other related activities include broking services to clients, advisory services, depository services, etc. Investment banking represents the results of raising financial capital by underwriting or acting as the client's agent in the issuance of securities.
79GF Score

Get the complete analysis for NSE:KEYFINSERV

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

₹259.37
Price
₹225.38
GF Value