SPH (Suburban Propane Partners LP) EV-to-FCF: 19.31 (As of Jul. 15, 2026) — 31% Above Median

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.

SPH Suburban Propane Partners LP SPH
62 GF Score
Price $18.10
GF Value $18.11
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Suburban Propane Partners LP EV-to-FCF?

Suburban Propane Partners LP SPH -1.31% 62 EV-to-FCF is 19.31 as of Jul. 15, 2026, which is 31% above its 10-year median of 14.72. GuruFocus rates SPH with a GF Score™ of 62/100 and a GF Value™ of $18.11 (Fairly Valued). The stock has 3 warning signs investors should review. Among 300 Utilities - Regulated companies, Suburban Propane Partners LP ranks worse than 52.67% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Suburban Propane Partners LP's Enterprise Value is $2,561 Mil. Suburban Propane Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $133 Mil. Therefore, Suburban Propane Partners LP's EV-to-FCF for today is 19.31.

The historical rank and industry rank for Suburban Propane Partners LP's EV-to-FCF or its related term are showing as below:

SPH' s EV-to-FCF Range Over the Past 10 Years
Min: 10.82   Med: 14.72   Max: 45.09
Current: 19.31

During the past 13 years, the highest EV-to-FCF of Suburban Propane Partners LP was 45.09. The lowest was 10.82. And the median was 14.72.

SPH's EV-to-FCF is ranked worse than
52.67% of 300 companies
in the Utilities - Regulated industry
Industry Median: 18.485 vs SPH: 19.31

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 (2026-07-15), Suburban Propane Partners LP's stock price is $18.10. Suburban Propane Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.990. Therefore, Suburban Propane Partners LP's PE Ratio (TTM) for today is 9.10.


Suburban Propane Partners LP  (NYSE:SPH) 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.

Suburban Propane Partners LP's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=18.10/1.990
=9.10

Suburban Propane Partners LP's share price for today is $18.10.
Suburban Propane Partners LP'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 $1.990.

* 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.


Suburban Propane Partners LP EV-to-FCF Related Terms


Suburban Propane Partners LP EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Suburban Propane Partners LP'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.

Suburban Propane Partners LP EV-to-FCF Chart

Suburban Propane Partners LP Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.19 12.24 13.01 24.67 22.37

Suburban Propane Partners LP 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 39.64 24.53 22.37 43.04 20.10

SPH vs RGCO, NWN, OPAL: EV-to-FCF Comparison

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP'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.


Suburban Propane Partners LP EV-to-FCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's EV-to-FCF falls into.


SPH
62GF Score
Suburban Propane Partners LP SPH
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Suburban Propane Partners LP EV-to-FCF Calculation

Suburban Propane Partners LP's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2561.090/132.628
=19.31

Suburban Propane Partners LP's current Enterprise Value is $2,561 Mil.
Suburban Propane Partners LP'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 $133 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 19.31 mean?
Suburban Propane Partners LP (SPH) has a EV-to-FCF of 19.31 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Suburban Propane Partners LP and its competitors. This is 31% above median its historical median of 14.72. Over the past decade, Suburban Propane Partners LP's EV-to-FCF has ranged from 10.82 to 45.09. According to the industry distribution chart, Suburban Propane Partners LP ranks #158 out of 300 companies in the Utilities - Regulated industry, placing it in the top 52.7%.
Is Suburban Propane Partners LP's EV-to-FCF too high?
Suburban Propane Partners LP's current EV-to-FCF of 19.31 is 31% above median its 10-year median of 14.72. Over the past 10 years, this metric has ranged from a low of 10.82 to a high of 45.09. The Utilities - Regulated industry median EV-to-FCF is 18.49. Suburban Propane Partners LP's value of 19.31 is 4.5% above this industry median. Based on the distribution chart, Suburban Propane Partners LP ranks #158 out of 300 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Suburban Propane Partners LP has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Suburban Propane Partners LP's EV-to-FCF compare to RGCO and NWN?
According to the Utilities - Regulated industry distribution chart, Suburban Propane Partners LP ranks #158 out of 300 companies for EV-to-FCF. This places Suburban Propane Partners LP in the lower half of its industry. The industry median EV-to-FCF is 18.49. Suburban Propane Partners LP's value of 19.31 is 4.5% above this benchmark. Historically, Suburban Propane Partners LP's own EV-to-FCF has ranged from 10.82 to 45.09 over the past decade. While the company's 10-year median is 14.72 vs. the industry median of 18.49, Suburban Propane Partners LP 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 Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.49, based on 300 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. Suburban Propane Partners LP's current EV-to-FCF of 19.31 is 4.5% 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 Suburban Propane Partners LP and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suburban Propane Partners LP's current EV-to-FCF is 19.31, which is 31% above median its own 10-year median of 14.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suburban Propane Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Suburban Propane Partners LP (SPH) is currently considered Fairly Valued. The stock's GF Value™ is $18.11, compared to a current price of $18.10 — trading 0.1% below its estimated fair value. The current EV-to-FCF is 19.31, which is 31% above median its 10-year median of 14.72 and 4.5% above the Utilities - Regulated industry median of 18.49. Suburban Propane Partners LP's overall GF Score™ is 62/100 with 3 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 Suburban Propane Partners LP (SPH), the current EV-to-FCF is 19.31 as of Jul. 15, 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 Suburban Propane Partners LP (SPH) Overvalued in 2026?

Based on GuruFocus' analysis, Suburban Propane Partners LP stock appears to be undervalued. The current stock price of $18.10 is trading 0.1% below its estimated GF Value™ of $18.11. GuruFocus considers Suburban Propane Partners LP to be Fairly Valued.

Key valuation signals for SPH:

  • EV-to-FCF: 19.31 (31% above median its 10-year median of 14.72)
  • GF Value™: $18.11 vs. price of $18.10 (0.1% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 4.5% above the Utilities - Regulated median (#158 of 300)

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


Suburban Propane Partners LP Business Description

Address 240 Route 10 West, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, renewable propane, renewable natural gas (RNG), fuel oil, refined fuels, and markets natural gas and electricity in deregulated markets. It produces and invests in low-carbon fuel alternatives. The company installs and services home comfort heating and ventilation equipment and distributes fuel oil, kerosene, diesel, and gasoline to about 25,000 residential and commercial customers mainly in the U.S. northeast. It operates three segments: Propane, Fuel Oil and Refined Fuels, and Natural Gas and Electricity, with the Propane segment generating the majority of revenue. Propane, a by-product of natural gas processing and petroleum refining, is a clean-burning energy source known for transportability and ease of use.
62GF Score

Get the complete analysis for SPH

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

$18.10
Price
$18.11
GF Value