EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Virgin Galactic Holdings's Enterprise Value is $427.85 Mil.
Virgin Galactic Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-409.53 Mil. Therefore, Virgin Galactic Holdings's EV-to-FCF for today is -1.04.
The historical rank and industry rank for Virgin Galactic Holdings's EV-to-FCF or its related term are showing as below:
SPCE'
s EV-to-FCF Range Over the Past 10 Years
Min: -50.24 Med: -1.6 Max: 0.5
Current: -1.04
During the past 9 years, the highest EV-to-FCF of Virgin Galactic Holdings was 0.50. The lowest was -50.24. And the median was -1.60.
SPCE's EV-to-FCF is ranked worse than 100% of 180
companies
in the Aerospace & Defense industry
Industry Median: 34.475
vs SPCE: -1.04
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.
Virgin Galactic Holdings's PE Ratio (TTM) for today is calculated as:
Virgin Galactic Holdings's share price for today is $2.95.
Virgin Galactic Holdings'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 $-4.350.
* 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.
Virgin Galactic Holdings EV-to-FCF Related Terms
Virgin Galactic Holdings EV-to-FCF Historical Data
* 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 Aerospace & Defense subindustry, Virgin Galactic Holdings'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.
Virgin Galactic Holdings EV-to-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Virgin Galactic Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Virgin Galactic Holdings's EV-to-FCF falls into.
Virgin Galactic Holdings's current Enterprise Value is $427.85 Mil.
Virgin Galactic Holdings'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 $-409.53 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.
Virgin Galactic Holdings (SPCE) has a EV-to-FCF of -1.04 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Virgin Galactic Holdings and its competitors. According to the industry distribution chart, Virgin Galactic Holdings ranks #999999 out of 180 companies in the Aerospace & Defense industry.
Is Virgin Galactic Holdings' EV-to-FCF too high?
Virgin Galactic Holdings' current EV-to-FCF is -1.04. Based on the distribution chart, Virgin Galactic Holdings ranks #999999 out of 180 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Virgin Galactic Holdings has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virgin Galactic Holdings' EV-to-FCF compare to PKE and RGR?
According to the Aerospace & Defense industry distribution chart, Virgin Galactic Holdings ranks #999999 out of 180 companies for EV-to-FCF. This places Virgin Galactic Holdings in the lower half of its industry. The industry median EV-to-FCF is 34.48. 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 Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 34.48, based on 180 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. 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 Virgin Galactic Holdings and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 34.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virgin Galactic Holdings's current EV-to-FCF is -1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virgin Galactic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Virgin Galactic Holdings (SPCE) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.07, compared to a current price of $2.95 — trading 27.5% below its estimated fair value. The current EV-to-FCF is -1.04. Virgin Galactic Holdings' overall GF Score™ is 70/100 with 5 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 Virgin Galactic Holdings (SPCE), the current EV-to-FCF is -1.04 as of Jun. 27, 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 Virgin Galactic Holdings (SPCE) Overvalued in 2026?
Based on GuruFocus' analysis, Virgin Galactic Holdings stock appears to be undervalued.
The current stock price of $2.95 is trading 27.5% below its estimated GF Value™ of $4.07.
GuruFocus considers Virgin Galactic Holdings to be Modestly Undervalued.
Key valuation signals for SPCE:
EV-to-FCF: -1.04
GF Value™: $4.07 vs. price of $2.95 (27.5% below fair value)
No single metric tells the full story. See the SPCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
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