WEX (STU:WL9) EV-to-FCF: 19.09 (As of Jul. 17, 2026) — 30% Above Median

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STU:WL9 WEX Inc STU:WL9
84 GF Score
Price €143.00
GF Value €198.63
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is WEX EV-to-FCF?

WEX STU:WL9 +4.38% 84 EV-to-FCF is 19.09 as of Jul. 17, 2026, which is 30% above its 10-year median of 14.69. GuruFocus rates STU:WL9 with a GF Score™ of 84/100 and a GF Value™ of €198.63 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,595 Software companies, WEX ranks worse than 58.93% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, WEX's Enterprise Value is €6,506 Mil. WEX's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €341 Mil. Therefore, WEX's EV-to-FCF for today is 19.09.

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

STU:WL9' s EV-to-FCF Range Over the Past 10 Years
Min: -559.11   Med: 14.69   Max: 157.14
Current: 18.48

During the past 13 years, the highest EV-to-FCF of WEX was 157.14. The lowest was -559.11. And the median was 14.69.

STU:WL9's EV-to-FCF is ranked worse than
58.93% of 1595 companies
in the Software industry
Industry Median: 14.76 vs STU:WL9: 18.48

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 (2026-07-17), WEX's stock price is €143.00. WEX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €7.655. Therefore, WEX's PE Ratio (TTM) for today is 18.68.


WEX  (STU:WL9) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=143.00/7.655
=18.68

WEX's share price for today is €143.00.
WEX'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 €7.655.

* 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.


WEX EV-to-FCF Related Terms


WEX EV-to-FCF Historical Data

* Premium members only.

The historical data trend for WEX'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.

WEX EV-to-FCF Chart

WEX 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 -61.13 13.28 10.56 20.83 19.65

WEX 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 -526.03 20.67 8.53 19.65 17.51

STU:WL9 vs ZETA, RELY, GTLB: EV-to-FCF Comparison

For the Software - Infrastructure subindustry, WEX'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.


WEX EV-to-FCF vs Software Industry

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

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


STU:WL9
84GF Score
WEX Inc STU:WL9
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WEX EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=6505.614/340.71
=19.09

WEX's current Enterprise Value is €6,506 Mil.
WEX'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 €341 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 19.09 mean?
WEX (STU:WL9) has a EV-to-FCF of 19.09 as of Jul. 17, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on WEX and its competitors. This is 30% above median its historical median of 14.69. According to the industry distribution chart, WEX ranks #940 out of 1595 companies in the Software industry, placing it in the top 58.9%.
Is WEX's EV-to-FCF too high?
WEX's current EV-to-FCF of 19.09 is 30% above median its 10-year median of 14.69. The Software industry median EV-to-FCF is 14.76. WEX's value of 19.09 is 29.3% above this industry median. Based on the distribution chart, WEX ranks #940 out of 1595 companies in the Software industry, which is below the industry midpoint. Overall, WEX has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WEX's EV-to-FCF compare to ZETA and RELY?
According to the Software industry distribution chart, WEX ranks #940 out of 1595 companies for EV-to-FCF. This places WEX in the lower half of its industry. The industry median EV-to-FCF is 14.76. WEX's value of 19.09 is 29.3% above this benchmark. While the company's 10-year median is 14.69 vs. the industry median of 14.76, WEX 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 Software company?
The median EV-to-FCF among Software companies is 14.76, based on 1,595 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. WEX's current EV-to-FCF of 19.09 is 29.3% 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 WEX and its competitors. For the Software industry, the median EV-to-FCF is 14.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WEX's current EV-to-FCF is 19.09, which is 30% above median its own 10-year median of 14.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WEX stock overvalued right now?
Based on GuruFocus' analysis, WEX (STU:WL9) is currently considered Modestly Undervalued. The stock's GF Value™ is €198.63, compared to a current price of €143.00 — trading 28% below its estimated fair value. The current EV-to-FCF is 19.09, which is 30% above median its 10-year median of 14.69 and 29.3% above the Software industry median of 14.76. WEX's overall GF Score™ is 84/100 with 4 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 WEX (STU:WL9), the current EV-to-FCF is 19.09 as of Jul. 17, 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 WEX (STU:WL9) Overvalued in 2026?

Based on GuruFocus' analysis, WEX stock appears to be undervalued. The current stock price of €143.00 is trading 28% below its estimated GF Value™ of €198.63. GuruFocus considers WEX to be Modestly Undervalued.

Key valuation signals for STU:WL9:

  • EV-to-FCF: 19.09 (30% above median its 10-year median of 14.69)
  • GF Value™: €198.63 vs. price of €143.00 (28% below fair value)
  • GF Score™: 84/100 with 4 warning signs
  • Industry Position: 29.3% above the Software median (#940 of 1595)

No single metric tells the full story. See the STU:WL9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WEX Business Description

Other Exchanges WEX:USA
Address 1 Hancock Street, Portland, ME, USA, 04101
WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Its prime end market is the United States of America.
84GF Score

Get the complete analysis for STU:WL9

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

€143.00
Price
€198.63
GF Value