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Leonardo DRSSTU:2VZ -1.55%78 EV-to-FCF is 39.61 as of Jul. 14, 2026, which is 14% above its 10-year median of 34.64. GuruFocus rates STU:2VZ with a GF Score™ of 78/100 and a GF Value™ of €31.22 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 182 Aerospace & Defense companies, Leonardo DRS ranks worse than 54.95% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Leonardo DRS's Enterprise Value is €10,106 Mil.
Leonardo DRS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €255 Mil. Therefore, Leonardo DRS's EV-to-FCF for today is 39.61.
The historical rank and industry rank for Leonardo DRS's EV-to-FCF or its related term are showing as below:
STU:2VZ'
s EV-to-FCF Range Over the Past 10 Years
Min: -320.15 Med: 34.64 Max: 56.27
Current: 38.23
During the past 8 years, the highest EV-to-FCF of Leonardo DRS was 56.27. The lowest was -320.15. And the median was 34.64.
STU:2VZ's EV-to-FCF is ranked worse than 54.95% of 182
companies
in the Aerospace & Defense industry
Industry Median: 34.035
vs STU:2VZ: 38.23
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.
Leonardo DRS's PE Ratio (TTM) for today is calculated as:
Leonardo DRS's share price for today is €38.00.
Leonardo DRS'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 €0.919.
* 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.
Leonardo DRS EV-to-FCF Related Terms
Leonardo DRS EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Leonardo DRS'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 Aerospace & Defense subindustry, Leonardo DRS'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.
Leonardo DRS EV-to-FCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Leonardo DRS's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Leonardo DRS's EV-to-FCF falls into.
Leonardo DRS's current Enterprise Value is €10,106 Mil.
Leonardo DRS'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 €255 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.
Leonardo DRS (STU:2VZ) has a EV-to-FCF of 39.61 as of Jul. 14, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Leonardo DRS and its competitors. This is 14% above median its historical median of 34.64. According to the industry distribution chart, Leonardo DRS ranks #100 out of 182 companies in the Aerospace & Defense industry, placing it in the top 54.9%.
Is Leonardo DRS's EV-to-FCF too high?
Leonardo DRS's current EV-to-FCF of 39.61 is 14% above median its 10-year median of 34.64. The Aerospace & Defense industry median EV-to-FCF is 34.04. Leonardo DRS's value of 39.61 is 16.4% above this industry median. Based on the distribution chart, Leonardo DRS ranks #100 out of 182 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Leonardo DRS has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Leonardo DRS's EV-to-FCF compare to HII and PL?
According to the Aerospace & Defense industry distribution chart, Leonardo DRS ranks #100 out of 182 companies for EV-to-FCF. This places Leonardo DRS in the lower half of its industry. The industry median EV-to-FCF is 34.04. Leonardo DRS's value of 39.61 is 16.4% above this benchmark. While the company's 10-year median is 34.64 vs. the industry median of 34.04, Leonardo DRS 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 Aerospace & Defense company?
The median EV-to-FCF among Aerospace & Defense companies is 34.04, based on 182 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. Leonardo DRS's current EV-to-FCF of 39.61 is 16.4% 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 Leonardo DRS and its competitors. For the Aerospace & Defense industry, the median EV-to-FCF is 34.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Leonardo DRS's current EV-to-FCF is 39.61, which is 14% above median its own 10-year median of 34.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Leonardo DRS stock overvalued right now?
Based on GuruFocus' analysis, Leonardo DRS (STU:2VZ) is currently considered Modestly Overvalued. The stock's GF Value™ is €31.22, compared to a current price of €38.00 — trading 21.7% above its estimated fair value. The current EV-to-FCF is 39.61, which is 14% above median its 10-year median of 34.64 and 16.4% above the Aerospace & Defense industry median of 34.04. Leonardo DRS's overall GF Score™ is 78/100 with 1 warning sign 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 Leonardo DRS (STU:2VZ), the current EV-to-FCF is 39.61 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 Leonardo DRS (STU:2VZ) Overvalued in 2026?
Based on GuruFocus' analysis, Leonardo DRS stock appears to be overvalued.
The current stock price of €38.00 is trading 21.7% above its estimated GF Value™ of €31.22.
GuruFocus considers Leonardo DRS to be Modestly Overvalued.
Key valuation signals for STU:2VZ:
EV-to-FCF: 39.61 (14% above median its 10-year median of 34.64)
GF Value™: €31.22 vs. price of €38.00 (21.7% above fair value)
Industry Position: 16.4% above the Aerospace & Defense median (#100 of 182)
No single metric tells the full story. See the STU:2VZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Leonardo DRS Inc is a provider of defense products and technologies that are used across land, air, sea, space, and cyber domains. It is in the design, development, and manufacture of Advanced sensing, network computing, force protection, and electric power and propulsion technologies and solutions. The company has two segments: Advanced Sensing and Computing, which generates the majority of revenue, and the Integrated Mission Systems segment. The Advanced Sensing and Computing segment is engaged in designing, developing, and manufacturing sensing and network computing technology that enables real-time situational awareness required for enhanced operational decision-making and execution by the customers.
78GF Score
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