Badger Meter (STU:33B) EV-to-FCF: 25.78 (As of Aug. 27, 2026) — 27% Below 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.

STU:33B Badger Meter Inc STU:33B
80 GF Score
Price €117.30
GF Value €179.05
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Badger Meter EV-to-FCF?

Badger Meter STU:33B +0.51% 80 EV-to-FCF is 25.78 as of Aug. 27, 2026, which is 27% below its 10-year median of 35.24. GuruFocus rates STU:33B with a GF Score™ of 80/100 and a GF Value™ of €179.05 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,230 Hardware companies, Badger Meter ranks worse than 54.31% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Badger Meter's Enterprise Value is €3,323.4 Mil. Badger Meter's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 was €128.9 Mil. Therefore, Badger Meter's EV-to-FCF for today is 25.78.

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

STU:33B' s EV-to-FCF Range Over the Past 10 Years
Min: 16.21   Med: 35.24   Max: 68.29
Current: 25.81

During the past 13 years, the highest EV-to-FCF of Badger Meter was 68.29. The lowest was 16.21. And the median was 35.24.

STU:33B's EV-to-FCF is ranked worse than
54.31% of 1230 companies
in the Hardware industry
Industry Median: 22.27 vs STU:33B: 25.81

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 (2026-08-27), Badger Meter's stock price is €117.30. Badger Meter's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €3.677. Therefore, Badger Meter's PE Ratio (TTM) for today is 31.90.


Badger Meter  (STU:33B) 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.

Badger Meter's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=117.30/3.677
=31.90

Badger Meter's share price for today is €117.30.
Badger Meter's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €3.677.

* 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.


Badger Meter EV-to-FCF Related Terms


Badger Meter EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Badger Meter'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.

Badger Meter EV-to-FCF Chart

Badger Meter 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 37.51 39.91 44.22 41.79 28.88

Badger Meter Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 44.07 30.43 28.88 25.08 27.98

STU:33B vs ITRI, VNT, NOVT: EV-to-FCF Comparison

For the Scientific & Technical Instruments subindustry, Badger Meter'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.


Badger Meter EV-to-FCF vs Hardware Industry

For the Hardware industry and Technology sector, Badger Meter's EV-to-FCF distribution charts can be found below:

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


STU:33B
80GF Score
Badger Meter Inc STU:33B
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Badger Meter EV-to-FCF Calculation

Badger Meter's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3323.378/128.891
=25.78

Badger Meter's current Enterprise Value is €3,323.4 Mil.
Badger Meter's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €128.9 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 25.78 mean?
Badger Meter (STU:33B) has a EV-to-FCF of 25.78 as of Aug. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Badger Meter and its competitors. This is 27% below median its historical median of 35.24. Over the past decade, Badger Meter's EV-to-FCF has ranged from 16.21 to 68.29. According to the industry distribution chart, Badger Meter ranks #668 out of 1230 companies in the Hardware industry, placing it in the top 54.3%.
Is Badger Meter's EV-to-FCF too high?
Badger Meter's current EV-to-FCF of 25.78 is 27% below median its 10-year median of 35.24. Over the past 10 years, this metric has ranged from a low of 16.21 to a high of 68.29. The Hardware industry median EV-to-FCF is 22.27. Badger Meter's value of 25.78 is 15.8% above this industry median. Based on the distribution chart, Badger Meter ranks #668 out of 1230 companies in the Hardware industry, which is below the industry midpoint. Overall, Badger Meter has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Badger Meter's EV-to-FCF compare to ITRI and VNT?
According to the Hardware industry distribution chart, Badger Meter ranks #668 out of 1230 companies for EV-to-FCF. This places Badger Meter in the lower half of its industry. The industry median EV-to-FCF is 22.27. Badger Meter's value of 25.78 is 15.8% above this benchmark. Historically, Badger Meter's own EV-to-FCF has ranged from 16.21 to 68.29 over the past decade. While the company's 10-year median is 35.24 vs. the industry median of 22.27, Badger Meter 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 a Hardware company?
The median EV-to-FCF among Hardware companies is 22.27, based on 1,230 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. Badger Meter's current EV-to-FCF of 25.78 is 15.8% 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 Badger Meter and its competitors. For the Hardware industry, the median EV-to-FCF is 22.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Badger Meter's current EV-to-FCF is 25.78, which is 27% below median its own 10-year median of 35.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Badger Meter stock overvalued right now?
Based on GuruFocus' analysis, Badger Meter (STU:33B) is currently considered Significantly Undervalued. The stock's GF Value™ is €179.05, compared to a current price of €117.30 — trading 34.5% below its estimated fair value. The current EV-to-FCF is 25.78, which is 27% below median its 10-year median of 35.24 and 15.8% above the Hardware industry median of 22.27. Badger Meter's overall GF Score™ is 80/100 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 Badger Meter (STU:33B), the current EV-to-FCF is 25.78 as of Aug. 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 Badger Meter (STU:33B) Overvalued in 2026?

Based on GuruFocus' analysis, Badger Meter stock appears to be undervalued. The current stock price of €117.30 is trading 34.5% below its estimated GF Value™ of €179.05. GuruFocus considers Badger Meter to be Significantly Undervalued.

Key valuation signals for STU:33B:

  • EV-to-FCF: 25.78 (27% below median its 10-year median of 35.24)
  • GF Value™: €179.05 vs. price of €117.30 (34.5% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 15.8% above the Hardware median (#668 of 1230)

No single metric tells the full story. See the STU:33B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Badger Meter Business Description

Other Exchanges BMI:USA
Address 4545 West Brown Deer Road, Milwaukee, WI, USA, 53233
Badger Meter is a provider of water management solutions. The company's solutions encompass measurement and control hardware, connectivity and communication, data visualization and software. Badger Meter has global operations, with the vast majority of revenue derived from the US.
80GF Score

Get the complete analysis for STU:33B

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

€117.30
Price
€179.05
GF Value