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.
Perion NetworkPERI -2.23%69 EV-to-FCF is 2.03 as of Jul. 21, 2026, which is 67% below its 10-year median of 6.07. GuruFocus rates PERI with a GF Score™ of 69/100 and a GF Value™ of $12.24 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 339 Interactive Media companies, Perion Network ranks better than 84.37% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Perion Network's Enterprise Value is $99.8 Mil.
Perion Network's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $49.2 Mil. Therefore, Perion Network's EV-to-FCF for today is 2.03.
The historical rank and industry rank for Perion Network's EV-to-FCF or its related term are showing as below:
PERI'
s EV-to-FCF Range Over the Past 10 Years
Min: -121.59 Med: 6.07 Max: 3080.13
Current: 2.03
During the past 13 years, the highest EV-to-FCF of Perion Network was 3080.13. The lowest was -121.59. And the median was 6.07.
PERI's EV-to-FCF is ranked better than 84.37% of 339
companies
in the Interactive Media industry
Industry Median: 10.22
vs PERI: 2.03
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.
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.
Perion Network's PE Ratio (TTM) for today is calculated as:
Perion Network's share price for today is $9.41.
Perion Network'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 $-0.250.
* 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.
Perion Network EV-to-FCF Related Terms
Perion Network EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Perion Network'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 Internet Content & Information subindustry, Perion Network'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.
Perion Network EV-to-FCF vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Perion Network's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Perion Network's EV-to-FCF falls into.
Perion Network's current Enterprise Value is $99.8 Mil.
Perion Network'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 $49.2 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.
Perion Network (PERI) has a EV-to-FCF of 2.03 as of Jul. 21, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Perion Network and its competitors. This is 67% below median its historical median of 6.07. According to the industry distribution chart, Perion Network ranks #53 out of 339 companies in the Interactive Media industry, placing it in the top 15.6%.
Is Perion Network's EV-to-FCF too high?
Perion Network's current EV-to-FCF of 2.03 is 67% below median its 10-year median of 6.07. The Interactive Media industry median EV-to-FCF is 10.22. Perion Network's value of 2.03 is 80.1% below this industry median. Based on the distribution chart, Perion Network ranks #53 out of 339 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Perion Network has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Perion Network's EV-to-FCF compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Perion Network ranks #53 out of 339 companies for EV-to-FCF. This places Perion Network in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 10.22. Perion Network's value of 2.03 is 80.1% below this benchmark. While the company's 10-year median is 6.07 vs. the industry median of 10.22, Perion Network 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 an Interactive Media company?
The median EV-to-FCF among Interactive Media companies is 10.22, based on 339 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. Perion Network's current EV-to-FCF of 2.03 is 80.1% 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 Perion Network and its competitors. For the Interactive Media industry, the median EV-to-FCF is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perion Network's current EV-to-FCF is 2.03, which is 67% below median its own 10-year median of 6.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perion Network stock overvalued right now?
Based on GuruFocus' analysis, Perion Network (PERI) is currently considered Modestly Undervalued. The stock's GF Value™ is $12.24, compared to a current price of $9.41 — trading 23.1% below its estimated fair value. The current EV-to-FCF is 2.03, which is 67% below median its 10-year median of 6.07 and 80.1% below the Interactive Media industry median of 10.22. Perion Network's overall GF Score™ is 69/100 with 2 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 Perion Network (PERI), the current EV-to-FCF is 2.03 as of Jul. 21, 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 Perion Network (PERI) Overvalued in 2026?
Based on GuruFocus' analysis, Perion Network stock appears to be undervalued.
The current stock price of $9.41 is trading 23.1% below its estimated GF Value™ of $12.24.
GuruFocus considers Perion Network to be Modestly Undervalued.
Key valuation signals for PERI:
EV-to-FCF: 2.03 (67% below median its 10-year median of 6.07)
GF Value™: $12.24 vs. price of $9.41 (23.1% below fair value)
Industry Position: 80.1% below the Interactive Media median (#53 of 339)
No single metric tells the full story. See the PERI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Perion Network Ltd is a technology company. It offers online advertising and search solutions to brands, agencies, and publishers through desktop, mobile, and social channels. It connects advertisers to consumers across digital advertising channels, including search advertising, social, display, video, digital audio, digital out of home (DOOH), and Connected TV (CTV) advertising. The company earns prime revenue from search advertising and display advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the company generates a majority of its revenue from the United States and the rest from other regions.
69GF Score
Get the complete analysis for PERI
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
PERI has been successfully added to your 
