Nexstar Media GroupNXST -7.90%86 EV-to-FCF is 23.37 as of Jun. 26, 2026, which is 50% above its 10-year median of 15.53. GuruFocus rates NXST with a GF Score™ of 86/100 and a GF Value™ of $220.11 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 613 Media - Diversified companies, Nexstar Media Group ranks worse than 69% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Nexstar Media Group's Enterprise Value is $16,547 Mil.
Nexstar Media Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $708 Mil. Therefore, Nexstar Media Group's EV-to-FCF for today is 23.37.
The historical rank and industry rank for Nexstar Media Group's EV-to-FCF or its related term are showing as below:
NXST'
s EV-to-FCF Range Over the Past 10 Years
Min: 9.23 Med: 15.53 Max: 218.35
Current: 23.37
During the past 13 years, the highest EV-to-FCF of Nexstar Media Group was 218.35. The lowest was 9.23. And the median was 15.53.
NXST's EV-to-FCF is ranked worse than 69% of 613
companies
in the Media - Diversified industry
Industry Median: 11.46
vs NXST: 23.37
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.
Nexstar Media Group (NAS:NXST) 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.
Nexstar Media Group's PE Ratio (TTM) for today is calculated as:
Nexstar Media Group's share price for today is $154.62.
Nexstar Media Group'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 $4.660.
* 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.
Nexstar Media Group EV-to-FCF Related Terms
Nexstar Media Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Nexstar Media Group'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 Broadcasting subindustry, Nexstar Media Group'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.
Nexstar Media Group EV-to-FCF vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's EV-to-FCF falls into.
Nexstar Media Group's current Enterprise Value is $16,547 Mil.
Nexstar Media Group'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 $708 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.
Nexstar Media Group (NXST) has a EV-to-FCF of 23.37 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Nexstar Media Group and its competitors. This is 50% above median its historical median of 15.53. Over the past decade, Nexstar Media Group's EV-to-FCF has ranged from 9.23 to 218.35. According to the industry distribution chart, Nexstar Media Group ranks #423 out of 613 companies in the Media - Diversified industry, placing it in the top 69%.
Is Nexstar Media Group's EV-to-FCF too high?
Nexstar Media Group's current EV-to-FCF of 23.37 is 50% above median its 10-year median of 15.53. Over the past 10 years, this metric has ranged from a low of 9.23 to a high of 218.35. The Media - Diversified industry median EV-to-FCF is 11.46. Nexstar Media Group's value of 23.37 is 103.9% above this industry median. Based on the distribution chart, Nexstar Media Group ranks #423 out of 613 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Nexstar Media Group has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nexstar Media Group's EV-to-FCF compare to NMAX and SBGI?
According to the Media - Diversified industry distribution chart, Nexstar Media Group ranks #423 out of 613 companies for EV-to-FCF. This places Nexstar Media Group in the lower half of its industry. The industry median EV-to-FCF is 11.46. Nexstar Media Group's value of 23.37 is 103.9% above this benchmark. Historically, Nexstar Media Group's own EV-to-FCF has ranged from 9.23 to 218.35 over the past decade. While the company's 10-year median is 15.53 vs. the industry median of 11.46, Nexstar Media Group has consistently been above the industry average. 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 Media - Diversified company?
The median EV-to-FCF among Media - Diversified companies is 11.46, based on 613 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. Nexstar Media Group's current EV-to-FCF of 23.37 is 103.9% above the industry median. 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 Nexstar Media Group and its competitors. For the Media - Diversified industry, the median EV-to-FCF is 11.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nexstar Media Group's current EV-to-FCF is 23.37, which is 50% above median its own 10-year median of 15.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nexstar Media Group stock overvalued right now?
Based on GuruFocus' analysis, Nexstar Media Group (NXST) is currently considered Possible Value Trap. The stock's GF Value™ is $220.11, compared to a current price of $154.62 — trading 29.8% below its estimated fair value. The current EV-to-FCF is 23.37, which is 50% above median its 10-year median of 15.53 and 103.9% above the Media - Diversified industry median of 11.46. Nexstar Media Group's overall GF Score™ is 86/100 with 8 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 Nexstar Media Group (NXST), the current EV-to-FCF is 23.37 as of Jun. 26, 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 Nexstar Media Group (NXST) Overvalued in 2026?
Based on GuruFocus' analysis, Nexstar Media Group stock appears to be undervalued.
The current stock price of $154.62 is trading 29.8% below its estimated GF Value™ of $220.11.
GuruFocus considers Nexstar Media Group to be Possible Value Trap.
Key valuation signals for NXST:
EV-to-FCF: 23.37 (50% above median its 10-year median of 15.53)
GF Value™: $220.11 vs. price of $154.62 (29.8% below fair value)
Industry Position: 103.9% above the Media - Diversified median (#423 of 613)
No single metric tells the full story. See the NXST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
86GF Score
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