Azion (ROCO:6148) EV-to-FCF: 11.65 (As of Sep. 10, 2026) — 125% Above Median

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ROCO:6148 Azion Corp ROCO:6148
79 GF Score
Price NT$28.20
GF Value NT$32.43
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Azion EV-to-FCF?

Azion ROCO:6148 -0.53% 79 EV-to-FCF is 11.65 as of Sep. 10, 2026, which is 125% above its 10-year median of 5.17. GuruFocus rates ROCO:6148 with a GF Score™ of 79/100 and a GF Value™ of NT$32.43 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,225 Hardware companies, Azion ranks better than 69.47% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Azion's Enterprise Value is NT$1,196.0 Mil. Azion's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was NT$102.6 Mil. Therefore, Azion's EV-to-FCF for today is 11.65.

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

ROCO:6148' s EV-to-FCF Range Over the Past 10 Years
Min: -391.75   Med: 5.17   Max: 301.68
Current: 11.86

During the past 13 years, the highest EV-to-FCF of Azion was 301.68. The lowest was -391.75. And the median was 5.17.

ROCO:6148's EV-to-FCF is ranked better than
69.47% of 1225 companies
in the Hardware industry
Industry Median: 22.39 vs ROCO:6148: 11.86

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 (2026-09-10), Azion's stock price is NT$28.20. Azion's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1.080. Therefore, Azion's PE Ratio (TTM) for today is 26.11.


Azion  (ROCO:6148) 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.

Azion's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=28.20/1.080
=26.11

Azion's share price for today is NT$28.20.
Azion's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1.080.

* 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.


Azion EV-to-FCF Related Terms


Azion EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Azion'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.

Azion EV-to-FCF Chart

Azion 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 7.62 3.74 23.44 102.31 68.22

Azion Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 286.05 -408.86 68.22 12.64 12.90

ROCO:6148 vs CSCO, MSI, LITE: EV-to-FCF Comparison

For the Communication Equipment subindustry, Azion'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.


Azion EV-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Azion's EV-to-FCF distribution charts can be found below:

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


ROCO:6148
79GF Score
Azion Corp ROCO:6148
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Azion EV-to-FCF Calculation

Azion's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1195.968/102.632
=11.65

Azion's current Enterprise Value is NT$1,196.0 Mil.
Azion's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$102.6 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 11.65 mean?
Azion (ROCO:6148) has a EV-to-FCF of 11.65 as of Sep. 10, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Azion and its competitors. This is 125% above median its historical median of 5.17. According to the industry distribution chart, Azion ranks #374 out of 1225 companies in the Hardware industry, placing it in the top 30.5%.
Is Azion's EV-to-FCF too high?
Azion's current EV-to-FCF of 11.65 is 125% above median its 10-year median of 5.17. The Hardware industry median EV-to-FCF is 22.39. Azion's value of 11.65 is 48% below this industry median. Based on the distribution chart, Azion ranks #374 out of 1225 companies in the Hardware industry, which is above the industry midpoint. Overall, Azion has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Azion's EV-to-FCF compare to CSCO and MSI?
According to the Hardware industry distribution chart, Azion ranks #374 out of 1225 companies for EV-to-FCF. This puts Azion in the upper half of its industry. The industry median EV-to-FCF is 22.39. Azion's value of 11.65 is 48% below this benchmark. While the company's 10-year median is 5.17 vs. the industry median of 22.39, Azion 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 Hardware company?
The median EV-to-FCF among Hardware companies is 22.39, based on 1,225 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. Azion's current EV-to-FCF of 11.65 is 48% 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 Azion and its competitors. For the Hardware industry, the median EV-to-FCF is 22.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azion's current EV-to-FCF is 11.65, which is 125% above median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azion stock overvalued right now?
Based on GuruFocus' analysis, Azion (ROCO:6148) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$32.43, compared to a current price of NT$28.20 — trading 13% below its estimated fair value. The current EV-to-FCF is 11.65, which is 125% above median its 10-year median of 5.17 and 48% below the Hardware industry median of 22.39. Azion's overall GF Score™ is 79/100 with 6 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 Azion (ROCO:6148), the current EV-to-FCF is 11.65 as of Sep. 10, 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 Azion (ROCO:6148) Overvalued in 2026?

Based on GuruFocus' analysis, Azion stock appears to be undervalued. The current stock price of NT$28.20 is trading 13% below its estimated GF Value™ of NT$32.43. GuruFocus considers Azion to be Modestly Undervalued.

Key valuation signals for ROCO:6148:

  • EV-to-FCF: 11.65 (125% above median its 10-year median of 5.17)
  • GF Value™: NT$32.43 vs. price of NT$28.20 (13% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 48% below the Hardware median (#374 of 1225)

No single metric tells the full story. See the ROCO:6148 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Azion Business Description

Address 5th Floor, No. 30, Beiping East Road, Zhongzheng District, Taipei, TWN, 100
Azion Corp provides information, communications, internet, telecommunications, broadband, traffic control projects and cloud application services in Taiwan.
79GF Score

Get the complete analysis for ROCO:6148

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

NT$28.20
Price
NT$32.43
GF Value