RelianceRS -4.93%88 EV-to-FCF is 35.10 as of Jun. 26, 2026, which is 112% above its 10-year median of 16.55. GuruFocus rates RS with a GF Score™ of 88/100 and a GF Value™ of $334.13 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 358 Steel companies, Reliance ranks worse than 73.74% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Reliance's Enterprise Value is $21,482 Mil.
Reliance's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $612 Mil. Therefore, Reliance's EV-to-FCF for today is 35.10.
The historical rank and industry rank for Reliance's EV-to-FCF or its related term are showing as below:
RS'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.87 Med: 16.55 Max: 39.87
Current: 35.1
During the past 13 years, the highest EV-to-FCF of Reliance was 39.87. The lowest was 5.87. And the median was 16.55.
RS's EV-to-FCF is ranked worse than 73.74% of 358
companies
in the Steel industry
Industry Median: 16.7
vs RS: 35.10
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.
Reliance's share price for today is $385.78.
Reliance'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 $15.330.
* 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.
Reliance EV-to-FCF Related Terms
Reliance EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Reliance'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 Steel subindustry, Reliance'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.
Reliance EV-to-FCF vs Steel Industry
For the Steel industry and Basic Materials sector, Reliance's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Reliance's EV-to-FCF falls into.
Reliance's current Enterprise Value is $21,482 Mil.
Reliance'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 $612 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.
Reliance (RS) has a EV-to-FCF of 35.10 as of Jun. 26, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Reliance and its competitors. This is 112% above median its historical median of 16.55. Over the past decade, Reliance's EV-to-FCF has ranged from 5.87 to 39.87. According to the industry distribution chart, Reliance ranks #264 out of 358 companies in the Steel industry, placing it in the top 73.7%.
Is Reliance's EV-to-FCF too high?
Reliance's current EV-to-FCF of 35.10 is 112% above median its 10-year median of 16.55. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 39.87. The Steel industry median EV-to-FCF is 16.70. Reliance's value of 35.10 is 110.2% above this industry median. Based on the distribution chart, Reliance ranks #264 out of 358 companies in the Steel industry, which is below the industry midpoint. Overall, Reliance has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reliance's EV-to-FCF compare to TX and CLF?
According to the Steel industry distribution chart, Reliance ranks #264 out of 358 companies for EV-to-FCF. This places Reliance in the lower half of its industry. The industry median EV-to-FCF is 16.70. Reliance's value of 35.10 is 110.2% above this benchmark. Historically, Reliance's own EV-to-FCF has ranged from 5.87 to 39.87 over the past decade. While the company's 10-year median is 16.55 vs. the industry median of 16.70, Reliance 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 Steel company?
The median EV-to-FCF among Steel companies is 16.70, based on 358 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. Reliance's current EV-to-FCF of 35.10 is 110.2% 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 Reliance and its competitors. For the Steel industry, the median EV-to-FCF is 16.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance's current EV-to-FCF is 35.10, which is 112% above median its own 10-year median of 16.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance stock overvalued right now?
Based on GuruFocus' analysis, Reliance (RS) is currently considered Modestly Overvalued. The stock's GF Value™ is $334.13, compared to a current price of $385.78 — trading 15.5% above its estimated fair value. The current EV-to-FCF is 35.10, which is 112% above median its 10-year median of 16.55 and 110.2% above the Steel industry median of 16.70. Reliance's overall GF Score™ is 88/100 with 9 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 Reliance (RS), the current EV-to-FCF is 35.10 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 Reliance (RS) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance stock appears to be overvalued.
The current stock price of $385.78 is trading 15.5% above its estimated GF Value™ of $334.13.
GuruFocus considers Reliance to be Modestly Overvalued.
Key valuation signals for RS:
EV-to-FCF: 35.10 (112% above median its 10-year median of 16.55)
GF Value™: $334.13 vs. price of $385.78 (15.5% above fair value)
Industry Position: 110.2% above the Steel median (#264 of 358)
No single metric tells the full story. See the RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
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