SHAK (Shake Shack) EV-to-FCF: 198.42 (As of Jul. 14, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

SHAK Shake Shack Inc SHAK
76 GF Score
Price $62.18
GF Value $121.33
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Shake Shack EV-to-FCF?

Shake Shack SHAK +6.11% 76 EV-to-FCF is 198.42 as of Jul. 14, 2026. GuruFocus rates SHAK with a GF Score™ of 76/100 and a GF Value™ of $121.33 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 278 Restaurants companies, Shake Shack ranks worse than 95.68% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Shake Shack's Enterprise Value is $3,161 Mil. Shake Shack's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $16 Mil. Therefore, Shake Shack's EV-to-FCF for today is 198.42.

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

SHAK' s EV-to-FCF Range Over the Past 10 Years
Min: -6229.41   Med: -47.68   Max: 489.86
Current: 198.42

During the past 13 years, the highest EV-to-FCF of Shake Shack was 489.86. The lowest was -6229.41. And the median was -47.68.

SHAK's EV-to-FCF is ranked worse than
95.68% of 278 companies
in the Restaurants industry
Industry Median: 17.83 vs SHAK: 198.42

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 (2026-07-14), Shake Shack's stock price is $62.18. Shake Shack's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.980. Therefore, Shake Shack's PE Ratio (TTM) for today is 63.45.


Shake Shack  (NYSE:SHAK) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=62.18/0.980
=63.45

Shake Shack's share price for today is $62.18.
Shake Shack'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 $0.980.

* 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.


Shake Shack EV-to-FCF Related Terms


Shake Shack EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Shake Shack'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.

Shake Shack EV-to-FCF Chart

Shake Shack 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 -73.20 -31.38 -244.50 160.24 67.92

Shake Shack Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 102.26 133.80 68.20 67.92 265.00

SHAK vs ARCO, WEN, BH: EV-to-FCF Comparison

For the Restaurants subindustry, Shake Shack'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.


Shake Shack EV-to-FCF vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Shake Shack's EV-to-FCF distribution charts can be found below:

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


SHAK
76GF Score
Shake Shack Inc SHAK
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shake Shack EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3161.446/15.933
=198.42

Shake Shack's current Enterprise Value is $3,161 Mil.
Shake Shack'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 $16 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 198.42 mean?
Shake Shack (SHAK) has a EV-to-FCF of 198.42 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shake Shack and its competitors. According to the industry distribution chart, Shake Shack ranks #266 out of 278 companies in the Restaurants industry, placing it in the top 95.7%.
Is Shake Shack's EV-to-FCF too high?
Shake Shack's current EV-to-FCF is 198.42. The Restaurants industry median EV-to-FCF is 17.83. Shake Shack's value of 198.42 is 1012.8% above this industry median. Based on the distribution chart, Shake Shack ranks #266 out of 278 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Shake Shack has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shake Shack's EV-to-FCF compare to ARCO and WEN?
According to the Restaurants industry distribution chart, Shake Shack ranks #266 out of 278 companies for EV-to-FCF. This places Shake Shack in the lower half of its industry. The industry median EV-to-FCF is 17.83. Shake Shack's value of 198.42 is 1012.8% above this benchmark. 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 Restaurants company?
The median EV-to-FCF among Restaurants companies is 17.83, based on 278 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. Shake Shack's current EV-to-FCF of 198.42 is 1012.8% 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 Shake Shack and its competitors. For the Restaurants industry, the median EV-to-FCF is 17.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shake Shack's current EV-to-FCF is 198.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shake Shack stock overvalued right now?
Based on GuruFocus' analysis, Shake Shack (SHAK) is currently considered Significantly Undervalued. The stock's GF Value™ is $121.33, compared to a current price of $62.18 — trading 48.8% below its estimated fair value. The current EV-to-FCF is 198.42 and 1012.8% above the Restaurants industry median of 17.83. Shake Shack's overall GF Score™ is 76/100 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 Shake Shack (SHAK), the current EV-to-FCF is 198.42 as of Jul. 14, 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 Shake Shack (SHAK) Overvalued in 2026?

Based on GuruFocus' analysis, Shake Shack stock appears to be undervalued. The current stock price of $62.18 is trading 48.8% below its estimated GF Value™ of $121.33. GuruFocus considers Shake Shack to be Significantly Undervalued.

Key valuation signals for SHAK:

  • EV-to-FCF: 198.42
  • GF Value™: $121.33 vs. price of $62.18 (48.8% below fair value)
  • GF Score™: 76/100 with 2 warning signs
  • Industry Position: 1012.8% above the Restaurants median (#266 of 278)

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


Shake Shack Business Description

Address 225 Varick Street, Suite 301, New York, NY, USA, 10014
Shake Shack Inc is a roadside burger stand. It serves a classic American menu of premium burgers, hot dogs, crispy chicken, frozen custard, crinkle-cut fries, shakes, beer, wine, and more. The company's burgers are made with a whole-muscle blend of all-natural, hormone and antibiotic-free Angus beef, ground fresh daily, cooked to order, and served on a non-genetically modified organism (GMO) potato bun. Its menu focuses on food and beverages, crafted from a range of classic American foods. The company serves draft Root Beer, seasonal freshly-squeezed lemonade, organic fresh-brewed iced tea, cold brew coffee, organic apple juice, and Shack20 bottled water. Geographically, the company generates the majority of its revenue from the United States.
76GF Score

Get the complete analysis for SHAK

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

$62.18
Price
$121.33
GF Value