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.
United Bankers OyjOHEL:UNITED +4.74%67 EV-to-FCF is 28.61 as of Aug. 28, 2026, which is 80% above its 10-year median of 15.88. GuruFocus rates OHEL:UNITED with a GF Score™ of 67/100 and a GF Value™ of €18.21 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 942 Asset Management companies, United Bankers Oyj ranks worse than 71.97% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, United Bankers Oyj's Enterprise Value is €273.38 Mil.
United Bankers Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €9.56 Mil. Therefore, United Bankers Oyj's EV-to-FCF for today is 28.61.
The historical rank and industry rank for United Bankers Oyj's EV-to-FCF or its related term are showing as below:
OHEL:UNITED'
s EV-to-FCF Range Over the Past 10 Years
Min: -98.98 Med: 15.88 Max: 46.16
Current: 28.61
During the past 13 years, the highest EV-to-FCF of United Bankers Oyj was 46.16. The lowest was -98.98. And the median was 15.88.
OHEL:UNITED's EV-to-FCF is ranked worse than 71.97% of 942
companies
in the Asset Management industry
Industry Median: 14.105
vs OHEL:UNITED: 28.61
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.
United Bankers Oyj (OHEL:UNITED) 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.
United Bankers Oyj's PE Ratio (TTM) for today is calculated as:
United Bankers Oyj's share price for today is €24.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. United Bankers Oyj's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.090.
* 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.
United Bankers Oyj EV-to-FCF Related Terms
United Bankers Oyj EV-to-FCF Historical Data
* Premium members only.
The historical data trend for United Bankers Oyj'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 Asset Management subindustry, United Bankers Oyj'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.
United Bankers Oyj EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, United Bankers Oyj's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where United Bankers Oyj's EV-to-FCF falls into.
United Bankers Oyj's current Enterprise Value is €273.38 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. United Bankers Oyj's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €9.56 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.
United Bankers Oyj (OHEL:UNITED) has a EV-to-FCF of 28.61 as of Aug. 28, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on United Bankers Oyj and its competitors. This is 80% above median its historical median of 15.88. According to the industry distribution chart, United Bankers Oyj ranks #678 out of 942 companies in the Asset Management industry, placing it in the top 72%.
Is United Bankers Oyj's EV-to-FCF too high?
United Bankers Oyj's current EV-to-FCF of 28.61 is 80% above median its 10-year median of 15.88. The Asset Management industry median EV-to-FCF is 14.11. United Bankers Oyj's value of 28.61 is 102.8% above this industry median. Based on the distribution chart, United Bankers Oyj ranks #678 out of 942 companies in the Asset Management industry, which is below the industry midpoint. Overall, United Bankers Oyj has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does United Bankers Oyj's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, United Bankers Oyj ranks #678 out of 942 companies for EV-to-FCF. This places United Bankers Oyj in the lower half of its industry. The industry median EV-to-FCF is 14.11. United Bankers Oyj's value of 28.61 is 102.8% above this benchmark. While the company's 10-year median is 15.88 vs. the industry median of 14.11, United Bankers Oyj 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 an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.11, based on 942 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. United Bankers Oyj's current EV-to-FCF of 28.61 is 102.8% 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 United Bankers Oyj and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Bankers Oyj's current EV-to-FCF is 28.61, which is 80% above median its own 10-year median of 15.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Bankers Oyj stock overvalued right now?
Based on GuruFocus' analysis, United Bankers Oyj (OHEL:UNITED) is currently considered Significantly Overvalued. The stock's GF Value™ is €18.21, compared to a current price of €24.30 — trading 33.4% above its estimated fair value. The current EV-to-FCF is 28.61, which is 80% above median its 10-year median of 15.88 and 102.8% above the Asset Management industry median of 14.11. United Bankers Oyj's overall GF Score™ is 67/100 with 7 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 United Bankers Oyj (OHEL:UNITED), the current EV-to-FCF is 28.61 as of Aug. 28, 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 United Bankers Oyj (OHEL:UNITED) Overvalued in 2026?
Based on GuruFocus' analysis, United Bankers Oyj stock appears to be overvalued.
The current stock price of €24.30 is trading 33.4% above its estimated GF Value™ of €18.21.
GuruFocus considers United Bankers Oyj to be Significantly Overvalued.
Key valuation signals for OHEL:UNITED:
EV-to-FCF: 28.61 (80% above median its 10-year median of 15.88)
GF Value™: €18.21 vs. price of €24.30 (33.4% above fair value)
Industry Position: 102.8% above the Asset Management median (#678 of 942)
No single metric tells the full story. See the OHEL:UNITED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Bankers Oyj provides investment products and services. The company has two business areas, wealth management and capital markets services. In wealth management, the Group specializes in real asset investments including forest real estate, and infrastructure funds. The majority of the income from operations is generated by the wealth management segment, whose customers include individuals, companies, and institutions.
67GF Score
Get the complete analysis for OHEL:UNITED
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
OHEL:UNITED has been successfully added to your 
