Big Banc Split (TSX:BNK) EV-to-FCF: 7.45 (As of Jul. 19, 2026) — 118% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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.

TSX:BNK Big Banc Split Corp TSX:BNK
53 GF Score
Price C$19.35
GF Value C$41.39
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Big Banc Split EV-to-FCF?

Big Banc Split TSX:BNK +1.68% 53 EV-to-FCF is 7.45 as of Jul. 19, 2026, which is 118% above its 10-year median of 3.41. GuruFocus rates TSX:BNK with a GF Score™ of 53/100 and a GF Value™ of C$41.39 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 934 Asset Management companies, Big Banc Split ranks better than 76.12% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Big Banc Split's Enterprise Value is C$29.12 Mil. Big Banc Split's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was C$3.91 Mil. Therefore, Big Banc Split's EV-to-FCF for today is 7.45.

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

TSX:BNK' s EV-to-FCF Range Over the Past 10 Years
Min: -0.93   Med: 3.41   Max: 16.7
Current: 7.45

During the past 6 years, the highest EV-to-FCF of Big Banc Split was 16.70. The lowest was -0.93. And the median was 3.41.

TSX:BNK's EV-to-FCF is ranked better than
76.12% of 934 companies
in the Asset Management industry
Industry Median: 14.495 vs TSX:BNK: 7.45

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 (2026-07-19), Big Banc Split's stock price is C$19.35. Big Banc Split's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was C$5.150. Therefore, Big Banc Split's PE Ratio (TTM) for today is 3.76.


Big Banc Split  (TSX:BNK) 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.

Big Banc Split's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=19.35/5.150
=3.76

Big Banc Split's share price for today is C$19.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Big Banc Split's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was C$5.150.

* 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.


Big Banc Split EV-to-FCF Related Terms


Big Banc Split EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Big Banc Split'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.

Big Banc Split EV-to-FCF Chart

Big Banc Split Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial 13.45 3.19 2.63 13.43 4.01

Big Banc Split Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.63 0.00 13.43 0.00 4.01

TSX:BNK vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, Big Banc Split'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.


Big Banc Split EV-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Big Banc Split's EV-to-FCF distribution charts can be found below:

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


TSX:BNK
53GF Score
Big Banc Split Corp TSX:BNK
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Big Banc Split EV-to-FCF Calculation

Big Banc Split's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=29.119/3.907
=7.45

Big Banc Split's current Enterprise Value is C$29.12 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Big Banc Split's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was C$3.91 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 7.45 mean?
Big Banc Split (TSX:BNK) has a EV-to-FCF of 7.45 as of Jul. 19, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Big Banc Split and its competitors. This is 118% above median its historical median of 3.41. According to the industry distribution chart, Big Banc Split ranks #223 out of 934 companies in the Asset Management industry, placing it in the top 23.9%.
Is Big Banc Split's EV-to-FCF too high?
Big Banc Split's current EV-to-FCF of 7.45 is 118% above median its 10-year median of 3.41. The Asset Management industry median EV-to-FCF is 14.50. Big Banc Split's value of 7.45 is 48.6% below this industry median. Based on the distribution chart, Big Banc Split ranks #223 out of 934 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Big Banc Split has a GF Score™ of 53/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Big Banc Split's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Big Banc Split ranks #223 out of 934 companies for EV-to-FCF. This places Big Banc Split in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.50. Big Banc Split's value of 7.45 is 48.6% below this benchmark. While the company's 10-year median is 3.41 vs. the industry median of 14.50, Big Banc Split 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 an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.50, based on 934 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. Big Banc Split's current EV-to-FCF of 7.45 is 48.6% 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 Big Banc Split and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Banc Split's current EV-to-FCF is 7.45, which is 118% above median its own 10-year median of 3.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Banc Split stock overvalued right now?
Based on GuruFocus' analysis, Big Banc Split (TSX:BNK) is currently considered Significantly Undervalued. The stock's GF Value™ is C$41.39, compared to a current price of C$19.35 — trading 53.2% below its estimated fair value. The current EV-to-FCF is 7.45, which is 118% above median its 10-year median of 3.41 and 48.6% below the Asset Management industry median of 14.50. Big Banc Split's overall GF Score™ is 53/100 with 3 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 Big Banc Split (TSX:BNK), the current EV-to-FCF is 7.45 as of Jul. 19, 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 Big Banc Split (TSX:BNK) Overvalued in 2026?

Based on GuruFocus' analysis, Big Banc Split stock appears to be undervalued. The current stock price of C$19.35 is trading 53.2% below its estimated GF Value™ of C$41.39. GuruFocus considers Big Banc Split to be Significantly Undervalued.

Key valuation signals for TSX:BNK:

  • EV-to-FCF: 7.45 (118% above median its 10-year median of 3.41)
  • GF Value™: C$41.39 vs. price of C$19.35 (53.2% below fair value)
  • GF Score™: 53/100 with 3 warning signs
  • Industry Position: 48.6% below the Asset Management median (#223 of 934)

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


Big Banc Split Business Description

Other Exchanges BNK.PR.A.PFD:Canada
Address 130 Adelaide Street West, Suite 3100, P.O. Box 109, Toronto, ON, CAN, M5H 3P5
Big Banc Split Corp is a mutual fund corporation. Its investment objectives include providing its holders with regular monthly non-cumulative and cumulative cash distributions to its Class A and preference shareholders. The fund invests on an approximately equally-weighted basis in a portfolio of equity securities of the following publicly traded Canadian banks: Bank of Montreal; Canadian Imperial Bank of Commerce; National Bank of Canada; Royal Bank of Canada; The Bank of Nova Scotia; and The Toronto-Dominion Bank.
53GF Score

Get the complete analysis for TSX:BNK

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

C$19.35
Price
C$41.39
GF Value