Viavi SolutionsVIAV -5.55%57 EV-to-FCF is 272.21 as of Jun. 27, 2026, which is 689% above its 10-year median of 34.52. GuruFocus rates VIAV with a GF Score™ of 57/100 and a GF Value™ of $13.13 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,327 Hardware companies, Viavi Solutions ranks worse than 91.56% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Viavi Solutions's Enterprise Value is $12,385 Mil.
Viavi Solutions's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $46 Mil. Therefore, Viavi Solutions's EV-to-FCF for today is 272.21.
The historical rank and industry rank for Viavi Solutions's EV-to-FCF or its related term are showing as below:
VIAV'
s EV-to-FCF Range Over the Past 10 Years
Min: 18.26 Med: 34.52 Max: 317.37
Current: 272.21
During the past 13 years, the highest EV-to-FCF of Viavi Solutions was 317.37. The lowest was 18.26. And the median was 34.52.
VIAV's EV-to-FCF is ranked worse than 91.56% of 1327
companies
in the Hardware industry
Industry Median: 24.02
vs VIAV: 272.21
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.
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.
Viavi Solutions's PE Ratio (TTM) for today is calculated as:
Viavi Solutions's share price for today is $47.63.
Viavi 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 $-0.240.
* 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.
Viavi Solutions EV-to-FCF Related Terms
Viavi Solutions EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Viavi 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.
For the Communication Equipment subindustry, Viavi 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.
Viavi Solutions EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Viavi Solutions's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Viavi Solutions's EV-to-FCF falls into.
Viavi Solutions's current Enterprise Value is $12,385 Mil.
Viavi 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 $46 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.
Viavi Solutions (VIAV) has a EV-to-FCF of 272.21 as of Jun. 27, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Viavi Solutions and its competitors. This is 689% above median its historical median of 34.52. Over the past decade, Viavi Solutions' EV-to-FCF has ranged from 18.26 to 317.37. According to the industry distribution chart, Viavi Solutions ranks #1215 out of 1327 companies in the Hardware industry, placing it in the top 91.6%.
Is Viavi Solutions' EV-to-FCF too high?
Viavi Solutions' current EV-to-FCF of 272.21 is 689% above median its 10-year median of 34.52. Over the past 10 years, this metric has ranged from a low of 18.26 to a high of 317.37. The Hardware industry median EV-to-FCF is 24.02. Viavi Solutions' value of 272.21 is 1033.3% above this industry median. Based on the distribution chart, Viavi Solutions ranks #1215 out of 1327 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Viavi Solutions has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viavi Solutions' EV-to-FCF compare to ZBRA and AAOI?
According to the Hardware industry distribution chart, Viavi Solutions ranks #1215 out of 1327 companies for EV-to-FCF. This places Viavi Solutions in the lower half of its industry. The industry median EV-to-FCF is 24.02. Viavi Solutions' value of 272.21 is 1033.3% above this benchmark. Historically, Viavi Solutions' own EV-to-FCF has ranged from 18.26 to 317.37 over the past decade. While the company's 10-year median is 34.52 vs. the industry median of 24.02, Viavi Solutions 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 a Hardware company?
The median EV-to-FCF among Hardware companies is 24.02, based on 1,327 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. Viavi Solutions's current EV-to-FCF of 272.21 is 1033.3% 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 Viavi Solutions and its competitors. For the Hardware industry, the median EV-to-FCF is 24.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viavi Solutions's current EV-to-FCF is 272.21, which is 689% above median its own 10-year median of 34.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viavi Solutions stock overvalued right now?
Based on GuruFocus' analysis, Viavi Solutions (VIAV) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.13, compared to a current price of $47.63 — trading 262.8% above its estimated fair value. The current EV-to-FCF is 272.21, which is 689% above median its 10-year median of 34.52 and 1033.3% above the Hardware industry median of 24.02. Viavi Solutions' overall GF Score™ is 57/100 with 7 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 Viavi Solutions (VIAV), the current EV-to-FCF is 272.21 as of Jun. 27, 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 Viavi Solutions (VIAV) Overvalued in 2026?
Based on GuruFocus' analysis, Viavi Solutions stock appears to be overvalued.
The current stock price of $47.63 is trading 262.8% above its estimated GF Value™ of $13.13.
GuruFocus considers Viavi Solutions to be Significantly Overvalued.
Key valuation signals for VIAV:
EV-to-FCF: 272.21 (689% above median its 10-year median of 34.52)
GF Value™: $13.13 vs. price of $47.63 (262.8% above fair value)
Industry Position: 1033.3% above the Hardware median (#1215 of 1327)
No single metric tells the full story. See the VIAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Viavi Solutions Inc. is an international provider of network test, monitoring, and assurance solutions to communications service providers, enterprises, network equipment manufacturers, civil government, military and avionics customers. The company also offers high-performance thin-film optical coatings, providing light management solutions to anti-counterfeiting, 3D sensing, electronics, automotive, defense, and instrumentation markets. Its operating segments include Network Enablement, Service Enablement, and Optical Security and Performance Products. Geographically, it derives a majority of its revenue from the United States. Additionally, it manufactures and sells optical filters for 3D sensing products that allow facial recognition security authentication for mobile devices.
57GF Score
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