TCM Group AS (OCSE:TCM) EV-to-FCF: 8.93 (As of Jul. 17, 2026) — 38% Below Median

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.
Reviewed by: Charlie Tian Charlie Tian
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.

OCSE:TCM TCM Group AS OCSE:TCM
88 GF Score
Price kr70.00
GF Value kr74.31
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is TCM Group AS EV-to-FCF?

TCM Group AS OCSE:TCM 88 EV-to-FCF is 8.93 as of Jul. 17, 2026, which is 38% below its 10-year median of 14.44. GuruFocus rates OCSE:TCM with a GF Score™ of 88/100 and a GF Value™ of kr74.31 (Fairly Valued). The stock has 4 warning signs investors should review. Among 272 Furnishings, Fixtures & Appliances companies, TCM Group AS ranks better than 67.65% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, TCM Group AS's Enterprise Value is kr1,056 Mil. TCM Group AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was kr118 Mil. Therefore, TCM Group AS's EV-to-FCF for today is 8.93.

The historical rank and industry rank for TCM Group AS's EV-to-FCF or its related term are showing as below:

OCSE:TCM' s EV-to-FCF Range Over the Past 10 Years
Min: 6.67   Med: 14.44   Max: 134.98
Current: 8.95

During the past 12 years, the highest EV-to-FCF of TCM Group AS was 134.98. The lowest was 6.67. And the median was 14.44.

OCSE:TCM's EV-to-FCF is ranked better than
67.65% of 272 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 14.515 vs OCSE:TCM: 8.95

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 (2026-07-17), TCM Group AS's stock price is kr70.00. TCM Group AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr7.750. Therefore, TCM Group AS's PE Ratio (TTM) for today is 9.03.


TCM Group AS  (OCSE:TCM) 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.

TCM Group AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=70.00/7.750
=9.03

TCM Group AS's share price for today is kr70.00.
TCM Group AS'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 kr7.750.

* 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.


TCM Group AS EV-to-FCF Related Terms


TCM Group AS EV-to-FCF Historical Data

* Premium members only.

The historical data trend for TCM Group AS'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.

TCM Group AS EV-to-FCF Chart

TCM Group AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.44 23.98 20.82 18.04 29.46

TCM Group AS 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 28.81 22.47 26.63 29.46 8.42

OCSE:TCM vs SN, SGI, MHK: EV-to-FCF Comparison

For the Furnishings, Fixtures & Appliances subindustry, TCM Group AS'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.


TCM Group AS EV-to-FCF vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, TCM Group AS's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where TCM Group AS's EV-to-FCF falls into.


OCSE:TCM
88GF Score
TCM Group AS OCSE:TCM
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TCM Group AS EV-to-FCF Calculation

TCM Group AS's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1055.622/118.2
=8.93

TCM Group AS's current Enterprise Value is kr1,056 Mil.
TCM Group AS'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 kr118 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 8.93 mean?
TCM Group AS (OCSE:TCM) has a EV-to-FCF of 8.93 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on TCM Group AS and its competitors. This is 38% below median its historical median of 14.44. Over the past decade, TCM Group AS's EV-to-FCF has ranged from 6.67 to 134.98. According to the industry distribution chart, TCM Group AS ranks #88 out of 272 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 32.4%.
Is TCM Group AS's EV-to-FCF too high?
TCM Group AS's current EV-to-FCF of 8.93 is 38% below median its 10-year median of 14.44. Over the past 10 years, this metric has ranged from a low of 6.67 to a high of 134.98. The Furnishings, Fixtures & Appliances industry median EV-to-FCF is 14.52. TCM Group AS's value of 8.93 is 38.5% below this industry median. Based on the distribution chart, TCM Group AS ranks #88 out of 272 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, TCM Group AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TCM Group AS's EV-to-FCF compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, TCM Group AS ranks #88 out of 272 companies for EV-to-FCF. This puts TCM Group AS in the upper half of its industry. The industry median EV-to-FCF is 14.52. TCM Group AS's value of 8.93 is 38.5% below this benchmark. Historically, TCM Group AS's own EV-to-FCF has ranged from 6.67 to 134.98 over the past decade. While the company's 10-year median is 14.44 vs. the industry median of 14.52, TCM Group AS has consistently been below 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 Furnishings, Fixtures & Appliances company?
The median EV-to-FCF among Furnishings, Fixtures & Appliances companies is 14.52, based on 272 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. TCM Group AS's current EV-to-FCF of 8.93 is 38.5% below 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 TCM Group AS and its competitors. For the Furnishings, Fixtures & Appliances industry, the median EV-to-FCF is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TCM Group AS's current EV-to-FCF is 8.93, which is 38% below median its own 10-year median of 14.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TCM Group AS stock overvalued right now?
Based on GuruFocus' analysis, TCM Group AS (OCSE:TCM) is currently considered Fairly Valued. The stock's GF Value™ is kr74.31, compared to a current price of kr70.00 — trading 5.8% below its estimated fair value. The current EV-to-FCF is 8.93, which is 38% below median its 10-year median of 14.44 and 38.5% below the Furnishings, Fixtures & Appliances industry median of 14.52. TCM Group AS's overall GF Score™ is 88/100 with 4 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 TCM Group AS (OCSE:TCM), the current EV-to-FCF is 8.93 as of Jul. 17, 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 TCM Group AS (OCSE:TCM) Overvalued in 2026?

Based on GuruFocus' analysis, TCM Group AS stock appears to be undervalued. The current stock price of kr70.00 is trading 5.8% below its estimated GF Value™ of kr74.31. GuruFocus considers TCM Group AS to be Fairly Valued.

Key valuation signals for OCSE:TCM:

  • EV-to-FCF: 8.93 (38% below median its 10-year median of 14.44)
  • GF Value™: kr74.31 vs. price of kr70.00 (5.8% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 38.5% below the Furnishings, Fixtures & Appliances median (#88 of 272)

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


TCM Group AS Business Description

Other Exchanges 0CUN:UK
Address Skautrupvej 16, Tvis, Holstebro, DNK, 7500
TCM Group AS manufactures and supplies kitchen and furniture products for bathrooms and storage in Denmark and the other Scandinavian countries. Its products include drawers, cabinets, fronts, table tops, handles, and other accessories. It offers its products under the Svane Kokkenet, Tvis Kokkener, Nettoline, and kitchen brands. The company also sells private-label products through Do-It-Yourself and kitchen specialty stores in Denmark and Norway. The group sells its products in Denmark and other countries, of which a majority of the revenue is derived from Denmark. It also has a presence in Norway and other countries.
88GF Score

Get the complete analysis for OCSE:TCM

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

kr70.00
Price
kr74.31
GF Value