Coveo Solutions (TSX:CVO) EV-to-FCF: 20.87 (As of Jul. 09, 2026)


TSX:CVO Coveo Solutions Inc TSX:CVO
57 GF Score
Price C$4.24
GF Value C$9.06
Valuation Possible Value Trap
! 2 Warning Signs
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What is Coveo Solutions EV-to-FCF?

Coveo Solutions TSX:CVO -1.62% 57 EV-to-FCF is 20.87 as of Jul. 09, 2026. GuruFocus rates TSX:CVO with a GF Score™ of 57/100 and a GF Value™ of C$9.06 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 1,589 Software companies, Coveo Solutions ranks worse than 65.64% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Coveo Solutions's Enterprise Value is C$270.5 Mil. Coveo Solutions's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was C$13.0 Mil. Therefore, Coveo Solutions's EV-to-FCF for today is 20.87.

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

TSX:CVO' s EV-to-FCF Range Over the Past 10 Years
Min: -140.97   Med: -7.58   Max: 307.65
Current: 22.02

During the past 8 years, the highest EV-to-FCF of Coveo Solutions was 307.65. The lowest was -140.97. And the median was -7.58.

TSX:CVO's EV-to-FCF is ranked worse than
65.64% of 1589 companies
in the Software industry
Industry Median: 14.67 vs TSX:CVO: 22.02

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 (2026-07-09), Coveo Solutions's stock price is C$4.24. Coveo Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.425. Therefore, Coveo Solutions's PE Ratio (TTM) for today is At Loss.


Coveo Solutions  (TSX:CVO) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.24/-0.425
=At Loss

Coveo Solutions's share price for today is C$4.24.
Coveo Solutions's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.425.

* 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.


Coveo Solutions EV-to-FCF Related Terms


Coveo Solutions EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Coveo Solutions'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.

Coveo Solutions EV-to-FCF Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-FCF
Get a 7-Day Free Trial -16.48 -52.73 201.98 25.58 20.74

Coveo Solutions 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 25.58 29.71 327.10 165.84 20.74

TSX:CVO vs MSFT, ORCL, PLTR: EV-to-FCF Comparison

For the Software - Infrastructure subindustry, Coveo Solutions'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.


Coveo Solutions EV-to-FCF vs Software Industry

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

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


TSX:CVO
57GF Score
Coveo Solutions Inc TSX:CVO
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coveo Solutions EV-to-FCF Calculation

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=270.505/12.96
=20.87

Coveo Solutions's current Enterprise Value is C$270.5 Mil.
Coveo Solutions'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 C$13.0 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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 20.87 mean?
Coveo Solutions (TSX:CVO) has a EV-to-FCF of 20.87 as of Jul. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Coveo Solutions and its competitors. According to the industry distribution chart, Coveo Solutions ranks #1043 out of 1589 companies in the Software industry, placing it in the top 65.6%.
Is Coveo Solutions' EV-to-FCF too high?
Coveo Solutions' current EV-to-FCF is 20.87. The Software industry median EV-to-FCF is 14.67. Coveo Solutions' value of 20.87 is 42.3% above this industry median. Based on the distribution chart, Coveo Solutions ranks #1043 out of 1589 companies in the Software industry, which is below the industry midpoint. Overall, Coveo Solutions has a GF Score™ of 57/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Coveo Solutions' EV-to-FCF compare to MSFT and ORCL?
According to the Software industry distribution chart, Coveo Solutions ranks #1043 out of 1589 companies for EV-to-FCF. This places Coveo Solutions in the lower half of its industry. The industry median EV-to-FCF is 14.67. Coveo Solutions' value of 20.87 is 42.3% above this benchmark. 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 14.67, based on 1,589 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. Coveo Solutions's current EV-to-FCF of 20.87 is 42.3% 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 Coveo Solutions and its competitors. For the Software industry, the median EV-to-FCF is 14.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coveo Solutions's current EV-to-FCF is 20.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coveo Solutions stock overvalued right now?
Based on GuruFocus' analysis, Coveo Solutions (TSX:CVO) is currently considered Possible Value Trap. The stock's GF Value™ is C$9.06, compared to a current price of C$4.24 — trading 53.2% below its estimated fair value. The current EV-to-FCF is 20.87 and 42.3% above the Software industry median of 14.67. Coveo Solutions' overall GF Score™ is 57/100 with 2 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 Coveo Solutions (TSX:CVO), the current EV-to-FCF is 20.87 as of Jul. 09, 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 Coveo Solutions (TSX:CVO) Overvalued in 2026?

Based on GuruFocus' analysis, Coveo Solutions stock appears to be undervalued. The current stock price of C$4.24 is trading 53.2% below its estimated GF Value™ of C$9.06. GuruFocus considers Coveo Solutions to be Possible Value Trap.

Key valuation signals for TSX:CVO:

  • EV-to-FCF: 20.87
  • GF Value™: C$9.06 vs. price of C$4.24 (53.2% below fair value)
  • GF Score™: 57/100 with 2 warning signs
  • Industry Position: 42.3% above the Software median (#1043 of 1589)

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


Coveo Solutions Business Description

Other Exchanges CVOSF:USAI94:Germany
Address 1100 avenue des Canadiens-de-Montreal, Suite 401, Montreal, QC, CAN, H3B 2S2
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The Company's Software as a Service ("SaaS") AI platform and suite of AI models and products are designed to bring AI-Relevance across commerce, service, website, and workplace applications. Geographically, the company generates maximum revenue from the United States, followed by Canada, and other regions.
57GF Score

Get the complete analysis for TSX:CVO

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

C$4.24
Price
C$9.06
GF Value