Xerox Holdings (STU:XER2) EV-to-FCF: 61.63 (As of Jul. 15, 2026) — 458% Above 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:XER2 Xerox Holdings Corp STU:XER2
59 GF Score
Price €2.38
GF Value €9.21
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Xerox Holdings EV-to-FCF?

Xerox Holdings STU:XER2 -1.45% 59 EV-to-FCF is 61.63 as of Jul. 15, 2026, which is 458% above its 10-year median of 11.04. GuruFocus rates STU:XER2 with a GF Score™ of 59/100 and a GF Value™ of €9.21 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,732 Industrial Products companies, Xerox Holdings ranks worse than 74.48% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Xerox Holdings's Enterprise Value is €3,906 Mil. Xerox Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €63 Mil. Therefore, Xerox Holdings's EV-to-FCF for today is 61.63.

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

STU:XER2' s EV-to-FCF Range Over the Past 10 Years
Min: -62.27   Med: 11.04   Max: 331.42
Current: 57.77

During the past 13 years, the highest EV-to-FCF of Xerox Holdings was 331.42. The lowest was -62.27. And the median was 11.04.

STU:XER2's EV-to-FCF is ranked worse than
74.48% of 1732 companies
in the Industrial Products industry
Industry Median: 25.015 vs STU:XER2: 57.77

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 (2026-07-15), Xerox Holdings's stock price is €2.377. Xerox Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €-7.114. Therefore, Xerox Holdings's PE Ratio (TTM) for today is At Loss.


Xerox Holdings  (STU:XER2) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.377/-7.114
=At Loss

Xerox Holdings's share price for today is €2.377.
Xerox Holdings'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 €-7.114.

* 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.


Xerox Holdings EV-to-FCF Related Terms


Xerox Holdings EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Xerox Holdings'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.

Xerox Holdings EV-to-FCF Chart

Xerox Holdings 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 11.27 53.12 8.37 9.18 34.54

Xerox Holdings 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 8.50 14.52 16.39 34.54 55.32

STU:XER2 vs ACTG, ACCO, EBF: EV-to-FCF Comparison

For the Business Equipment & Supplies subindustry, Xerox Holdings'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.


Xerox Holdings EV-to-FCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xerox Holdings's EV-to-FCF distribution charts can be found below:

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


STU:XER2
59GF Score
Xerox Holdings Corp STU:XER2
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Xerox Holdings EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3905.879/63.377
=61.63

Xerox Holdings's current Enterprise Value is €3,906 Mil.
Xerox Holdings'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 €63 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 61.63 mean?
Xerox Holdings (STU:XER2) has a EV-to-FCF of 61.63 as of Jul. 15, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Xerox Holdings and its competitors. This is 458% above median its historical median of 11.04. According to the industry distribution chart, Xerox Holdings ranks #1290 out of 1732 companies in the Industrial Products industry, placing it in the top 74.5%.
Is Xerox Holdings' EV-to-FCF too high?
Xerox Holdings' current EV-to-FCF of 61.63 is 458% above median its 10-year median of 11.04. The Industrial Products industry median EV-to-FCF is 25.02. Xerox Holdings' value of 61.63 is 146.4% above this industry median. Based on the distribution chart, Xerox Holdings ranks #1290 out of 1732 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Xerox Holdings has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xerox Holdings' EV-to-FCF compare to ACTG and ACCO?
According to the Industrial Products industry distribution chart, Xerox Holdings ranks #1290 out of 1732 companies for EV-to-FCF. This places Xerox Holdings in the lower half of its industry. The industry median EV-to-FCF is 25.02. Xerox Holdings' value of 61.63 is 146.4% above this benchmark. While the company's 10-year median is 11.04 vs. the industry median of 25.02, Xerox Holdings 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 Industrial Products company?
The median EV-to-FCF among Industrial Products companies is 25.02, based on 1,732 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. Xerox Holdings's current EV-to-FCF of 61.63 is 146.4% 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 Xerox Holdings and its competitors. For the Industrial Products industry, the median EV-to-FCF is 25.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xerox Holdings's current EV-to-FCF is 61.63, which is 458% above median its own 10-year median of 11.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xerox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xerox Holdings (STU:XER2) is currently considered Possible Value Trap. The stock's GF Value™ is €9.21, compared to a current price of €2.38 — trading 74.2% below its estimated fair value. The current EV-to-FCF is 61.63, which is 458% above median its 10-year median of 11.04 and 146.4% above the Industrial Products industry median of 25.02. Xerox Holdings' overall GF Score™ is 59/100 with 6 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 Xerox Holdings (STU:XER2), the current EV-to-FCF is 61.63 as of Jul. 15, 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 Xerox Holdings (STU:XER2) Overvalued in 2026?

Based on GuruFocus' analysis, Xerox Holdings stock appears to be undervalued. The current stock price of €2.38 is trading 74.2% below its estimated GF Value™ of €9.21. GuruFocus considers Xerox Holdings to be Possible Value Trap.

Key valuation signals for STU:XER2:

  • EV-to-FCF: 61.63 (458% above median its 10-year median of 11.04)
  • GF Value™: €9.21 vs. price of €2.38 (74.2% below fair value)
  • GF Score™: 59/100 with 6 warning signs
  • Industry Position: 146.4% above the Industrial Products median (#1290 of 1732)

No single metric tells the full story. See the STU:XER2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Xerox Holdings Business Description

Address 401 MERRITT 7, P.O. Box 4505, Norwalk, CT, USA, 06851-1056
Xerox Holdings Corp is a workplace technology company, building and integrating services-led, software-enabled, workplace solutions for enterprises large and small. It provide advance document technology, services, software, and integrated IT infrastructure solutions for a range of customers including small and mid-sized businesses, large enterprises, governments and graphic communications providers, and for partners who serve them. Xerox serves customers globally in North America, Europe, Latin America, Brazil, Asia Pacific (APAC), the Middle East, Africa, and India.
59GF Score

Get the complete analysis for STU:XER2

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

€2.38
Price
€9.21
GF Value