Vodafone GroupVOD -3.40%70 EV-to-FCF is 10.10 as of Jun. 30, 2026, which is 4% below its 10-year median of 10.52. GuruFocus rates VOD with a GF Score™ of 70/100 and a GF Value™ of $12.70 (Fairly Valued). The stock has 3 warning signs investors should review. Among 250 Telecommunication Services companies, Vodafone Group ranks better than 72.8% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Vodafone Group's Enterprise Value is $81,687 Mil.
Vodafone Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $8,091 Mil. Therefore, Vodafone Group's EV-to-FCF for today is 10.10.
The historical rank and industry rank for Vodafone Group's EV-to-FCF or its related term are showing as below:
VOD'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.66 Med: 10.52 Max: 276.11
Current: 10.1
During the past 13 years, the highest EV-to-FCF of Vodafone Group was 276.11. The lowest was 6.66. And the median was 10.52.
VOD's EV-to-FCF is ranked better than 72.8% of 250
companies
in the Telecommunication Services industry
Industry Median: 15.21
vs VOD: 10.10
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.
Vodafone Group's PE Ratio (TTM) for today is calculated as:
Vodafone Group's share price for today is $13.225.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vodafone Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-0.188.
* 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.
Vodafone Group EV-to-FCF Related Terms
Vodafone Group EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Vodafone Group'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 Telecom Services subindustry, Vodafone Group'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.
Vodafone Group EV-to-FCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Vodafone Group's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Vodafone Group's EV-to-FCF falls into.
Vodafone Group's current Enterprise Value is $81,687 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vodafone Group's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $8,091 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.
Vodafone Group (VOD) has a EV-to-FCF of 10.10 as of Jun. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Vodafone Group and its competitors. This is near median its historical median of 10.52. Over the past decade, Vodafone Group's EV-to-FCF has ranged from 6.66 to 276.11. According to the industry distribution chart, Vodafone Group ranks #68 out of 250 companies in the Telecommunication Services industry, placing it in the top 27.2%.
Is Vodafone Group's EV-to-FCF too high?
Vodafone Group's current EV-to-FCF of 10.10 is near median its 10-year median of 10.52. Over the past 10 years, this metric has ranged from a low of 6.66 to a high of 276.11. The Telecommunication Services industry median EV-to-FCF is 15.21. Vodafone Group's value of 10.10 is 33.6% below this industry median. Based on the distribution chart, Vodafone Group ranks #68 out of 250 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Vodafone Group has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vodafone Group's EV-to-FCF compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Vodafone Group ranks #68 out of 250 companies for EV-to-FCF. This puts Vodafone Group in the upper half of its industry. The industry median EV-to-FCF is 15.21. Vodafone Group's value of 10.10 is 33.6% below this benchmark. Historically, Vodafone Group's own EV-to-FCF has ranged from 6.66 to 276.11 over the past decade. While the company's 10-year median is 10.52 vs. the industry median of 15.21, Vodafone Group 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 a Telecommunication Services company?
The median EV-to-FCF among Telecommunication Services companies is 15.21, based on 250 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. Vodafone Group's current EV-to-FCF of 10.10 is 33.6% 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 Vodafone Group and its competitors. For the Telecommunication Services industry, the median EV-to-FCF is 15.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vodafone Group's current EV-to-FCF is 10.10, which is near median its own 10-year median of 10.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vodafone Group stock overvalued right now?
Based on GuruFocus' analysis, Vodafone Group (VOD) is currently considered Fairly Valued. The stock's GF Value™ is $12.70, compared to a current price of $13.23 — trading 4.1% above its estimated fair value. The current EV-to-FCF is 10.10, which is near median its 10-year median of 10.52 and 33.6% below the Telecommunication Services industry median of 15.21. Vodafone Group's overall GF Score™ is 70/100 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 Vodafone Group (VOD), the current EV-to-FCF is 10.10 as of Jun. 30, 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 Vodafone Group (VOD) Overvalued in 2026?
Based on GuruFocus' analysis, Vodafone Group stock appears to be overvalued.
The current stock price of $13.23 is trading 4.1% above its estimated GF Value™ of $12.70.
GuruFocus considers Vodafone Group to be Fairly Valued.
Key valuation signals for VOD:
EV-to-FCF: 10.10 (near median its 10-year median of 10.52)
GF Value™: $12.70 vs. price of $13.23 (4.1% above fair value)
Industry Position: 33.6% below the Telecommunication Services median (#68 of 250)
No single metric tells the full story. See the VOD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vodafone operates mobile and fixed-line networks and businesses across Europe, Africa, and the Middle East. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns two cable networks after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the UK, Vodafone merged with CK Hutchison in 2024, consolidating the mobile market. It also divested its Spanish and Italian divisions in that same year, given their low returns on invested capital.
70GF Score
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