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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, AF Global's Enterprise Value is S$148.61 Mil.
AF Global's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was S$6.15 Mil. Therefore, AF Global's EV-to-FCF for today is 24.16.
The historical rank and industry rank for AF Global's EV-to-FCF or its related term are showing as below:
SGX:L38'
s EV-to-FCF Range Over the Past 10 Years
Min: -28.95 Med: 19.73 Max: 76.83
Current: 24.16
During the past 13 years, the highest EV-to-FCF of AF Global was 76.83. The lowest was -28.95. And the median was 19.73.
SGX:L38's EV-to-FCF is not ranked
in the Travel & Leisure industry.
Industry Median: 16.3
vs SGX:L38: 24.16
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.
AF Global's share price for today is S$0.109.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AF Global's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2025 was S$0.001.
* 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.
AF Global EV-to-FCF Related Terms
AF Global EV-to-FCF Historical Data
* Premium members only.
The historical data trend for AF Global'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 Lodging subindustry, AF Global'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.
AF Global EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, AF Global's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where AF Global's EV-to-FCF falls into.
AF Global's current Enterprise Value is S$148.61 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AF Global's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was S$6.15 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.
AF Global (SGX:L38) has a EV-to-FCF of 24.16 as of Aug. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on AF Global and its competitors. This is 22% above median its historical median of 19.73.
Is AF Global's EV-to-FCF too high?
AF Global's current EV-to-FCF of 24.16 is 22% above median its 10-year median of 19.73. The Travel & Leisure industry median EV-to-FCF is 16.30. AF Global's value of 24.16 is 48.2% above this industry median. Overall, AF Global has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does AF Global's EV-to-FCF compare to MAR and HLT?
AF Global's EV-to-FCF of 24.16 can be compared against companies in the Travel & Leisure industry. The industry median EV-to-FCF is 16.30. AF Global's value of 24.16 is 48.2% above this benchmark. While the company's 10-year median is 19.73 vs. the industry median of 16.30, AF Global 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 Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 16.30, based on 578 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. AF Global's current EV-to-FCF of 24.16 is 48.2% 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 AF Global and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 16.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF Global's current EV-to-FCF is 24.16, which is 22% above median its own 10-year median of 19.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Global stock overvalued right now?
AF Global (SGX:L38) has a current EV-to-FCF of 24.16. The stock's GF Value™ is S$0.13, compared to a current price of S$0.11 — trading 16.2% below its estimated fair value. The current EV-to-FCF is 24.16, which is 22% above median its 10-year median of 19.73 and 48.2% above the Travel & Leisure industry median of 16.30. AF Global's overall GF Score™ is 33/100 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 AF Global (SGX:L38), the current EV-to-FCF is 24.16 as of Aug. 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 AF Global (SGX:L38) Overvalued in 2026?
Based on GuruFocus' analysis, AF Global stock appears to be undervalued.
The current stock price of S$0.11 is trading 16.2% below its estimated GF Value™ of S$0.13.
Key valuation signals for SGX:L38:
EV-to-FCF: 24.16 (22% above median its 10-year median of 19.73)
GF Value™: S$0.13 vs. price of S$0.11 (16.2% below fair value)
Industry Position: 48.2% above the Travel & Leisure median
No single metric tells the full story. See the SGX:L38 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AF Global Ltd focuses on hospitality and investment holdings divisions. The activity of the firm is operated by The property segment, The hotel and serviced residence segment, and The others segment. The Property segment relates to project and property management, real estate consultancy services, investment in properties and development of properties for sale. The Hotel and serviced Residence segment owns and operates hotels and serviced residences. The Others segment relates mainly to investment holding activities.
33GF Score
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