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.
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.
HalmaSTU:H11 +0.81%98 EV-to-FCF is 35.54 as of Jul. 16, 2026, which is 10% below its 10-year median of 39.54. GuruFocus rates STU:H11 with a GF Score™ of 98/100 and a GF Value™ of €40.00 (Fairly Valued). The stock has 1 warning sign investors should review. Among 355 Conglomerates companies, Halma ranks worse than 74.93% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Halma's Enterprise Value is €16,776 Mil.
Halma's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €472 Mil. Therefore, Halma's EV-to-FCF for today is 35.54.
The historical rank and industry rank for Halma's EV-to-FCF or its related term are showing as below:
STU:H11'
s EV-to-FCF Range Over the Past 10 Years
Min: 23.15 Med: 39.54 Max: 52.75
Current: 35.44
During the past 13 years, the highest EV-to-FCF of Halma was 52.75. The lowest was 23.15. And the median was 39.54.
STU:H11's EV-to-FCF is ranked worse than 74.93% of 355
companies
in the Conglomerates industry
Industry Median: 17.61
vs STU:H11: 35.44
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 (2026-07-16), Halma's stock price is €42.56.
Halma's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.132. Therefore, Halma's PE Ratio (TTM) for today is 37.60.
Halma (STU:H11) 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.
Halma's share price for today is €42.56.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Halma's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €1.132.
* 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.
Halma EV-to-FCF Related Terms
Halma EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Halma'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 Conglomerates subindustry, Halma'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.
Halma EV-to-FCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Halma's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Halma's EV-to-FCF falls into.
Halma's current Enterprise Value is €16,776 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Halma's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €472 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.
Halma (STU:H11) has a EV-to-FCF of 35.54 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Halma and its competitors. This is 10% below median its historical median of 39.54. Over the past decade, Halma's EV-to-FCF has ranged from 23.15 to 52.75. According to the industry distribution chart, Halma ranks #266 out of 355 companies in the Conglomerates industry, placing it in the top 74.9%.
Is Halma's EV-to-FCF too high?
Halma's current EV-to-FCF of 35.54 is 10% below median its 10-year median of 39.54. Over the past 10 years, this metric has ranged from a low of 23.15 to a high of 52.75. The Conglomerates industry median EV-to-FCF is 17.61. Halma's value of 35.54 is 101.8% above this industry median. Based on the distribution chart, Halma ranks #266 out of 355 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Halma has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halma's EV-to-FCF compare to HON and MMM?
According to the Conglomerates industry distribution chart, Halma ranks #266 out of 355 companies for EV-to-FCF. This places Halma in the lower half of its industry. The industry median EV-to-FCF is 17.61. Halma's value of 35.54 is 101.8% above this benchmark. Historically, Halma's own EV-to-FCF has ranged from 23.15 to 52.75 over the past decade. While the company's 10-year median is 39.54 vs. the industry median of 17.61, Halma 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 Conglomerates company?
The median EV-to-FCF among Conglomerates companies is 17.61, based on 355 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. Halma's current EV-to-FCF of 35.54 is 101.8% 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 Halma and its competitors. For the Conglomerates industry, the median EV-to-FCF is 17.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halma's current EV-to-FCF is 35.54, which is 10% below median its own 10-year median of 39.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halma stock overvalued right now?
Based on GuruFocus' analysis, Halma (STU:H11) is currently considered Fairly Valued. The stock's GF Value™ is €40.00, compared to a current price of €42.56 — trading 6.4% above its estimated fair value. The current EV-to-FCF is 35.54, which is 10% below median its 10-year median of 39.54 and 101.8% above the Conglomerates industry median of 17.61. Halma's overall GF Score™ is 98/100 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 Halma (STU:H11), the current EV-to-FCF is 35.54 as of Jul. 16, 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 Halma (STU:H11) Overvalued in 2026?
Based on GuruFocus' analysis, Halma stock appears to be overvalued.
The current stock price of €42.56 is trading 6.4% above its estimated GF Value™ of €40.00.
GuruFocus considers Halma to be Fairly Valued.
Key valuation signals for STU:H11:
EV-to-FCF: 35.54 (10% below median its 10-year median of 39.54)
GF Value™: €40.00 vs. price of €42.56 (6.4% above fair value)
Industry Position: 101.8% above the Conglomerates median (#266 of 355)
No single metric tells the full story. See the STU:H11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halma consists of 49 operating businesses managed in a decentralized manner. The company, through its products, focuses on trying to make the world safer, cleaner and healthier. The group operates across three segments: safety, environmental and analysis, and medical equipment. Halma's products include smoke detectors, healthcare equipment, door sensors, and water treatment. Most of the group's products are niche with limited competition. Over 75% of sales are generated in the United States, Europe and United Kingdom. Halma is listed on the London Stock Exchange.
98GF Score
Get the complete analysis for STU:H11
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:H11 has been successfully added to your 
