ZEAL Network SESTU:TIM +0.92%87 EV-to-FCF is 14.37 as of Jul. 04, 2026, which is 15% above its 10-year median of 12.51. GuruFocus rates STU:TIM with a GF Score™ of 87/100 and a GF Value™ of €68.99 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 572 Travel & Leisure companies, ZEAL Network SE ranks better than 55.24% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, ZEAL Network SE's Enterprise Value is €864.7 Mil.
ZEAL Network SE's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €60.2 Mil. Therefore, ZEAL Network SE's EV-to-FCF for today is 14.37.
The historical rank and industry rank for ZEAL Network SE's EV-to-FCF or its related term are showing as below:
STU:TIM'
s EV-to-FCF Range Over the Past 10 Years
Min: -524.5 Med: 12.51 Max: 203.54
Current: 13.98
During the past 13 years, the highest EV-to-FCF of ZEAL Network SE was 203.54. The lowest was -524.50. And the median was 12.51.
STU:TIM's EV-to-FCF is ranked better than 55.24% of 572
companies
in the Travel & Leisure industry
Industry Median: 15.75
vs STU:TIM: 13.98
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.
ZEAL Network SE's PE Ratio (TTM) for today is calculated as:
ZEAL Network SE's share price for today is €43.90.
ZEAL Network SE'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 €1.900.
* 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.
ZEAL Network SE EV-to-FCF Related Terms
ZEAL Network SE EV-to-FCF Historical Data
* Premium members only.
The historical data trend for ZEAL Network SE'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 Gambling subindustry, ZEAL Network SE'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.
ZEAL Network SE EV-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, ZEAL Network SE's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where ZEAL Network SE's EV-to-FCF falls into.
ZEAL Network SE's current Enterprise Value is €864.7 Mil.
ZEAL Network SE'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 €60.2 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.
ZEAL Network SE (STU:TIM) has a EV-to-FCF of 14.37 as of Jul. 04, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on ZEAL Network SE and its competitors. This is 15% above median its historical median of 12.51. According to the industry distribution chart, ZEAL Network SE ranks #256 out of 572 companies in the Travel & Leisure industry, placing it in the top 44.8%.
Is ZEAL Network SE's EV-to-FCF too high?
ZEAL Network SE's current EV-to-FCF of 14.37 is 15% above median its 10-year median of 12.51. The Travel & Leisure industry median EV-to-FCF is 15.75. ZEAL Network SE's value of 14.37 is 8.8% below this industry median. Based on the distribution chart, ZEAL Network SE ranks #256 out of 572 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, ZEAL Network SE has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZEAL Network SE's EV-to-FCF compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, ZEAL Network SE ranks #256 out of 572 companies for EV-to-FCF. This puts ZEAL Network SE in the upper half of its industry. The industry median EV-to-FCF is 15.75. ZEAL Network SE's value of 14.37 is 8.8% below this benchmark. While the company's 10-year median is 12.51 vs. the industry median of 15.75, ZEAL Network SE has consistently been below 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 Travel & Leisure company?
The median EV-to-FCF among Travel & Leisure companies is 15.75, based on 572 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. ZEAL Network SE's current EV-to-FCF of 14.37 is 8.8% below 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 ZEAL Network SE and its competitors. For the Travel & Leisure industry, the median EV-to-FCF is 15.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEAL Network SE's current EV-to-FCF is 14.37, which is 15% above median its own 10-year median of 12.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEAL Network SE stock overvalued right now?
Based on GuruFocus' analysis, ZEAL Network SE (STU:TIM) is currently considered Significantly Undervalued. The stock's GF Value™ is €68.99, compared to a current price of €43.90 — trading 36.4% below its estimated fair value. The current EV-to-FCF is 14.37, which is 15% above median its 10-year median of 12.51 and 8.8% below the Travel & Leisure industry median of 15.75. ZEAL Network SE's overall GF Score™ is 87/100 with 2 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 ZEAL Network SE (STU:TIM), the current EV-to-FCF is 14.37 as of Jul. 04, 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 ZEAL Network SE (STU:TIM) Overvalued in 2026?
Based on GuruFocus' analysis, ZEAL Network SE stock appears to be undervalued.
The current stock price of €43.90 is trading 36.4% below its estimated GF Value™ of €68.99.
GuruFocus considers ZEAL Network SE to be Significantly Undervalued.
Key valuation signals for STU:TIM:
EV-to-FCF: 14.37 (15% above median its 10-year median of 12.51)
GF Value™: €68.99 vs. price of €43.90 (36.4% below fair value)
Industry Position: 8.8% below the Travel & Leisure median (#256 of 572)
No single metric tells the full story. See the STU:TIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ZEAL Network SE is an e-commerce group of companies company specializing in the area of online lottery. The company offers consumer-facing lottery-based games as well as business-to-business solutions. The operating business segments are Germany and Other. The ZEAL group now has more than one million active customers. ZEAL allows the participation in state-licensed lotteries via the LOTTO24 and Tipp24 brands and also offers its own lottery products. ZEAL operates under its owns brands namely ZEAL Instant Games, ZEAL Ventures and ZEAL Iberia.
87GF Score
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