South BowSOBO +2.11%15 EV-to-FCF is 21.19 as of Jul. 09, 2026, which is 7% below its 10-year median of 22.79. GuruFocus rates SOBO with a GF Score™ of 15/100. The stock has 13 warning signs investors should review. Among 576 Oil & Gas companies, South Bow ranks worse than 64.58% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, South Bow's Enterprise Value is $12,823 Mil.
South Bow's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $605 Mil. Therefore, South Bow's EV-to-FCF for today is 21.19.
The historical rank and industry rank for South Bow's EV-to-FCF or its related term are showing as below:
SOBO'
s EV-to-FCF Range Over the Past 10 Years
Min: 19.47 Med: 22.79 Max: 33.16
Current: 21.19
During the past 3 years, the highest EV-to-FCF of South Bow was 33.16. The lowest was 19.47. And the median was 22.79.
SOBO's EV-to-FCF is ranked worse than 64.58% of 576
companies
in the Oil & Gas industry
Industry Median: 15.575
vs SOBO: 21.19
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.
South Bow's share price for today is $36.77.
South Bow'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 $1.540.
* 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.
South Bow EV-to-FCF Related Terms
South Bow EV-to-FCF Historical Data
* Premium members only.
The historical data trend for South Bow'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 Oil & Gas Midstream subindustry, South Bow'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.
South Bow EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, South Bow's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where South Bow's EV-to-FCF falls into.
South Bow's current Enterprise Value is $12,823 Mil.
South Bow'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 $605 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.
South Bow (SOBO) has a EV-to-FCF of 21.19 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on South Bow and its competitors. This is near median its historical median of 22.79. Over the past decade, South Bow's EV-to-FCF has ranged from 19.47 to 33.16. According to the industry distribution chart, South Bow ranks #372 out of 576 companies in the Oil & Gas industry, placing it in the top 64.6%.
Is South Bow's EV-to-FCF too high?
South Bow's current EV-to-FCF of 21.19 is near median its 10-year median of 22.79. Over the past 10 years, this metric has ranged from a low of 19.47 to a high of 33.16. The Oil & Gas industry median EV-to-FCF is 15.58. South Bow's value of 21.19 is 36.1% above this industry median. Based on the distribution chart, South Bow ranks #372 out of 576 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, South Bow has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does South Bow's EV-to-FCF compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, South Bow ranks #372 out of 576 companies for EV-to-FCF. This places South Bow in the lower half of its industry. The industry median EV-to-FCF is 15.58. South Bow's value of 21.19 is 36.1% above this benchmark. Historically, South Bow's own EV-to-FCF has ranged from 19.47 to 33.16 over the past decade. While the company's 10-year median is 22.79 vs. the industry median of 15.58, South Bow 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 an Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 15.58, based on 576 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. South Bow's current EV-to-FCF of 21.19 is 36.1% 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 South Bow and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 15.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. South Bow's current EV-to-FCF is 21.19, which is near median its own 10-year median of 22.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is South Bow stock overvalued right now?
South Bow (SOBO) has a current EV-to-FCF of 21.19. The current EV-to-FCF is 21.19, which is near median its 10-year median of 22.79 and 36.1% above the Oil & Gas industry median of 15.58. South Bow's overall GF Score™ is 15/100 with 13 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 South Bow (SOBO), the current EV-to-FCF is 21.19 as of Jul. 09, 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.
South Bow Corp is a energy infrastructure company. The company is engaged in constructing pipelines system safely transports liquids like crude oil, across Canadian provinces, U.S. states, and Gulf coasts. It has three reportable segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. It derives maximum revenue from Keystone Pipeline System segment. The company's projects and pipelines include: Blackrod connection project; Grand Rapids Pipeline System; Marketlink Pipeline System; Keystone Pipeline System; Port Neches Link; and White Spruce Pipeline System.
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