TBMC (Trailblazer Merger I) EV-to-FCF: -11.33 (As of Aug. 02, 2026)

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.

TBMC Trailblazer Merger Corp I TBMC
16 GF Score
Price $7.33
! 4 Warning Signs
View Full Analysis

What is Trailblazer Merger I EV-to-FCF?

Trailblazer Merger I TBMC 16 EV-to-FCF is -11.33 as of Aug. 02, 2026. GuruFocus rates TBMC with a GF Score™ of 16/100. The stock has 4 warning signs investors should review.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Trailblazer Merger I's Enterprise Value is $28.89 Mil. Trailblazer Merger I's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-2.55 Mil. Therefore, Trailblazer Merger I's EV-to-FCF for today is -11.33.

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

TBMC' s EV-to-FCF Range Over the Past 10 Years
Min: -11.33   Med: 0   Max: 0
Current: -11.33

TBMC's EV-to-FCF is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.67 vs TBMC: -11.33

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 (2026-08-02), Trailblazer Merger I's stock price is $7.325. Trailblazer Merger I's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $-2.073. Therefore, Trailblazer Merger I's PE Ratio (TTM) for today is At Loss.


Trailblazer Merger I  (NAS:TBMC) 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.

Trailblazer Merger I's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.325/-2.073
=At Loss

Trailblazer Merger I's share price for today is $7.325.
Trailblazer Merger I's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.073.

* 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.


Trailblazer Merger I EV-to-FCF Related Terms


Trailblazer Merger I EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Trailblazer Merger I'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.

Trailblazer Merger I EV-to-FCF Chart

Trailblazer Merger I Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
0.00 0.00 -199.29 -33.72 -17.09

Trailblazer Merger I Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -33.72 -32.82 -30.02 -12.77 -17.09

TBMC vs HLLK, IGTA, PCMC: EV-to-FCF Comparison

For the Shell Companies subindustry, Trailblazer Merger I'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.


Trailblazer Merger I EV-to-FCF vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trailblazer Merger I's EV-to-FCF distribution charts can be found below:

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


TBMC
16GF Score
Trailblazer Merger Corp I TBMC
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trailblazer Merger I EV-to-FCF Calculation

Trailblazer Merger I's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=28.885/-2.55
=-11.33

Trailblazer Merger I's current Enterprise Value is $28.89 Mil.
Trailblazer Merger I's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.55 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 -11.33 mean?
Trailblazer Merger I (TBMC) has a EV-to-FCF of -11.33 as of Aug. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Trailblazer Merger I and its competitors.
Is Trailblazer Merger I's EV-to-FCF too high?
Trailblazer Merger I's current EV-to-FCF is -11.33. Overall, Trailblazer Merger I has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Trailblazer Merger I's EV-to-FCF compare to HLLK and IGTA?
Trailblazer Merger I's EV-to-FCF of -11.33 can be compared against companies in the Diversified Financial Services industry. The industry median EV-to-FCF is 3.67. 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 Diversified Financial Services company?
The median EV-to-FCF among Diversified Financial Services companies is 3.67, based on 139 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. 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 Trailblazer Merger I and its competitors. For the Diversified Financial Services industry, the median EV-to-FCF is 3.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trailblazer Merger I's current EV-to-FCF is -11.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trailblazer Merger I stock overvalued right now?
Trailblazer Merger I (TBMC) has a current EV-to-FCF of -11.33. The current EV-to-FCF is -11.33. Trailblazer Merger I's overall GF Score™ is 16/100 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 Trailblazer Merger I (TBMC), the current EV-to-FCF is -11.33 as of Aug. 02, 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.

Trailblazer Merger I Business Description

Address 510 Madison Avenue, Suite 1401, New York, NY, USA, 10022
Trailblazer Merger Corp I is a blank check company.
16GF Score

Get the complete analysis for TBMC

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

$7.33
Price