Quercus TFI (WAR:QRS) EV-to-FCF: 3.34 (As of Jul. 20, 2026) — 63% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

WAR:QRS Quercus TFI SA WAR:QRS
96 GF Score
Price zł13.06
GF Value zł14.38
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Quercus TFI EV-to-FCF?

Quercus TFI WAR:QRS -1.80% 96 EV-to-FCF is 3.34 as of Jul. 20, 2026, which is 63% below its 10-year median of 8.92. GuruFocus rates WAR:QRS with a GF Score™ of 96/100 and a GF Value™ of zł14.38 (Fairly Valued). The stock has 2 warning signs investors should review. Among 938 Asset Management companies, Quercus TFI ranks better than 87.1% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Quercus TFI's Enterprise Value is zł429.9 Mil. Quercus TFI's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was zł128.6 Mil. Therefore, Quercus TFI's EV-to-FCF for today is 3.34.

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

WAR:QRS' s EV-to-FCF Range Over the Past 10 Years
Min: -65.62   Med: 8.92   Max: 18.07
Current: 3.34

During the past 13 years, the highest EV-to-FCF of Quercus TFI was 18.07. The lowest was -65.62. And the median was 8.92.

WAR:QRS's EV-to-FCF is ranked better than
87.1% of 938 companies
in the Asset Management industry
Industry Median: 14.265 vs WAR:QRS: 3.34

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 (2026-07-20), Quercus TFI's stock price is zł13.06. Quercus TFI's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was zł0.926. Therefore, Quercus TFI's PE Ratio (TTM) for today is 14.10.


Quercus TFI  (WAR:QRS) 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.

Quercus TFI's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.06/0.926
=14.10

Quercus TFI's share price for today is zł13.06.
Quercus TFI'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 zł0.926.

* 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.


Quercus TFI EV-to-FCF Related Terms


Quercus TFI EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Quercus TFI'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.

Quercus TFI EV-to-FCF Chart

Quercus TFI Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.27 -65.19 12.90 12.24 9.06

Quercus TFI 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 6.43 5.34 4.09 9.06 2.36

WAR:QRS vs BLK, BX, KKR: EV-to-FCF Comparison

For the Asset Management subindustry, Quercus TFI'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.


Quercus TFI EV-to-FCF vs Asset Management Industry

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

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


WAR:QRS
96GF Score
Quercus TFI SA WAR:QRS
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Quercus TFI EV-to-FCF Calculation

Quercus TFI's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=429.903/128.626
=3.34

Quercus TFI's current Enterprise Value is zł429.9 Mil.
Quercus TFI'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 zł128.6 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 3.34 mean?
Quercus TFI (WAR:QRS) has a EV-to-FCF of 3.34 as of Jul. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Quercus TFI and its competitors. This is 63% below median its historical median of 8.92. According to the industry distribution chart, Quercus TFI ranks #121 out of 938 companies in the Asset Management industry, placing it in the top 12.9%.
Is Quercus TFI's EV-to-FCF too high?
Quercus TFI's current EV-to-FCF of 3.34 is 63% below median its 10-year median of 8.92. The Asset Management industry median EV-to-FCF is 14.27. Quercus TFI's value of 3.34 is 76.6% below this industry median. Based on the distribution chart, Quercus TFI ranks #121 out of 938 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Quercus TFI has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quercus TFI's EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Quercus TFI ranks #121 out of 938 companies for EV-to-FCF. This places Quercus TFI in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 14.27. Quercus TFI's value of 3.34 is 76.6% below this benchmark. While the company's 10-year median is 8.92 vs. the industry median of 14.27, Quercus TFI 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 14.27, based on 938 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. Quercus TFI's current EV-to-FCF of 3.34 is 76.6% 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 Quercus TFI and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quercus TFI's current EV-to-FCF is 3.34, which is 63% below median its own 10-year median of 8.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quercus TFI stock overvalued right now?
Based on GuruFocus' analysis, Quercus TFI (WAR:QRS) is currently considered Fairly Valued. The stock's GF Value™ is zł14.38, compared to a current price of zł13.06 — trading 9.2% below its estimated fair value. The current EV-to-FCF is 3.34, which is 63% below median its 10-year median of 8.92 and 76.6% below the Asset Management industry median of 14.27. Quercus TFI's overall GF Score™ is 96/100 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 Quercus TFI (WAR:QRS), the current EV-to-FCF is 3.34 as of Jul. 20, 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 Quercus TFI (WAR:QRS) Overvalued in 2026?

Based on GuruFocus' analysis, Quercus TFI stock appears to be undervalued. The current stock price of zł13.06 is trading 9.2% below its estimated GF Value™ of zł14.38. GuruFocus considers Quercus TFI to be Fairly Valued.

Key valuation signals for WAR:QRS:

  • EV-to-FCF: 3.34 (63% below median its 10-year median of 8.92)
  • GF Value™: zł14.38 vs. price of zł13.06 (9.2% below fair value)
  • GF Score™: 96/100 with 2 warning signs
  • Industry Position: 76.6% below the Asset Management median (#121 of 938)

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


Quercus TFI Business Description

Other Exchanges 85R:Germany
Address ul. Nowy Swiat 6/12, Warsaw, POL, 00400
Quercus TFI SA is an investment fund company in Poland whose offer is mainly targeted at high net-worth Investors. The products of the company include Quercus Short-Term Debt, Quercus Capital Protection, Quercus Treasury Bonds, Quercus Stable, Quercus Aggressive and Quercus Gold among others.
96GF Score

Get the complete analysis for WAR:QRS

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

zł13.06
Price
zł14.38
GF Value