EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Treace Medical Concepts's Enterprise Value is $292.9 Mil.
Treace Medical Concepts's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-26.0 Mil. Therefore, Treace Medical Concepts's EV-to-FCF for today is -11.28.
The historical rank and industry rank for Treace Medical Concepts's EV-to-FCF or its related term are showing as below:
TMCI'
s EV-to-FCF Range Over the Past 10 Years
Min: -397.58 Med: -16.4 Max: -3.44
Current: -11.28
During the past 7 years, the highest EV-to-FCF of Treace Medical Concepts was -3.44. The lowest was -397.58. And the median was -16.40.
TMCI's EV-to-FCF is ranked worse than 100% of 417
companies
in the Medical Devices & Instruments industry
Industry Median: 22.52
vs TMCI: -11.28
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.
Treace Medical Concepts (NAS:TMCI) 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.
Treace Medical Concepts's PE Ratio (TTM) for today is calculated as:
Treace Medical Concepts's share price for today is $4.21.
Treace Medical Concepts'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 $-0.970.
* 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.
* 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 Medical Devices subindustry, Treace Medical Concepts'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.
Treace Medical Concepts EV-to-FCF vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Treace Medical Concepts's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Treace Medical Concepts's EV-to-FCF falls into.
Treace Medical Concepts's current Enterprise Value is $292.9 Mil.
Treace Medical Concepts'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 $-26.0 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.
Treace Medical Concepts (TMCI) has a EV-to-FCF of -11.28 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Treace Medical Concepts and its competitors. According to the industry distribution chart, Treace Medical Concepts ranks #999999 out of 417 companies in the Medical Devices & Instruments industry.
Is Treace Medical Concepts' EV-to-FCF too high?
Treace Medical Concepts' current EV-to-FCF is -11.28. Based on the distribution chart, Treace Medical Concepts ranks #999999 out of 417 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Treace Medical Concepts has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Treace Medical Concepts' EV-to-FCF compare to TLSI and LAB?
According to the Medical Devices & Instruments industry distribution chart, Treace Medical Concepts ranks #999999 out of 417 companies for EV-to-FCF. This places Treace Medical Concepts in the lower half of its industry. The industry median EV-to-FCF is 22.52. 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 Medical Devices & Instruments company?
The median EV-to-FCF among Medical Devices & Instruments companies is 22.52, based on 417 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 Treace Medical Concepts and its competitors. For the Medical Devices & Instruments industry, the median EV-to-FCF is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Treace Medical Concepts's current EV-to-FCF is -11.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Treace Medical Concepts stock overvalued right now?
Based on GuruFocus' analysis, Treace Medical Concepts (TMCI) is currently considered Possible Value Trap. The stock's GF Value™ is $6.87, compared to a current price of $4.21 — trading 38.7% below its estimated fair value. The current EV-to-FCF is -11.28. Treace Medical Concepts' overall GF Score™ is 69/100 with 5 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 Treace Medical Concepts (TMCI), the current EV-to-FCF is -11.28 as of Jul. 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.
Is Treace Medical Concepts (TMCI) Overvalued in 2026?
Based on GuruFocus' analysis, Treace Medical Concepts stock appears to be undervalued.
The current stock price of $4.21 is trading 38.7% below its estimated GF Value™ of $6.87.
GuruFocus considers Treace Medical Concepts to be Possible Value Trap.
Key valuation signals for TMCI:
EV-to-FCF: -11.28
GF Value™: $6.87 vs. price of $4.21 (38.7% below fair value)
No single metric tells the full story. See the TMCI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Treace Medical Concepts Inc is a commercial-stage orthopaedic medical device company. It is focused on advancing the standard of care for the surgical management of bunion deformities. The company's patented Lapiplasty 3D Bunion Correction procedure is designed to reproducibly correct all planes of the bunion deformity and address the root cause of the bunion, while allowing patients to return to their active lives quickly. The company operates and manages its business as a single segment: designing, manufacturing, and marketing medical devices for surgeons, ambulatory surgery centers, and hospitals related to the surgical management of bunion and related midfoot deformities.
69GF Score
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