EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Westpac Banking's Enterprise Value is $298,000 Mil.
Westpac Banking's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-7,057 Mil. Therefore, Westpac Banking's EV-to-FCF for today is -42.23.
The historical rank and industry rank for Westpac Banking's EV-to-FCF or its related term are showing as below:
WBKCY'
s EV-to-FCF Range Over the Past 10 Years
Min: -149.52 Med: 9.01 Max: 156.17
Current: -42.23
During the past 13 years, the highest EV-to-FCF of Westpac Banking was 156.17. The lowest was -149.52. And the median was 9.01.
WBKCY's EV-to-FCF is ranked worse than 100% of 1191
companies
in the Banks industry
Industry Median: 6.56
vs WBKCY: -42.23
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.
Westpac Banking's PE Ratio (TTM) for today is calculated as:
Westpac Banking's share price for today is $51.67.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Westpac Banking's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.380.
* 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.
Westpac Banking EV-to-FCF Related Terms
Westpac Banking EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Westpac Banking'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 Banks - Diversified subindustry, Westpac Banking'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.
Westpac Banking EV-to-FCF vs Banks Industry
For the Banks industry and Financial Services sector, Westpac Banking's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Westpac Banking's EV-to-FCF falls into.
Westpac Banking's current Enterprise Value is $298,000 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Westpac Banking's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $-7,057 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.
Westpac Banking (WBKCY) has a EV-to-FCF of -42.23 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Westpac Banking and its competitors. According to the industry distribution chart, Westpac Banking ranks #999999 out of 1191 companies in the Banks industry.
Is Westpac Banking's EV-to-FCF too high?
Westpac Banking's current EV-to-FCF is -42.23. Based on the distribution chart, Westpac Banking ranks #999999 out of 1191 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Westpac Banking has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westpac Banking's EV-to-FCF compare to JPM and BAC?
According to the Banks industry distribution chart, Westpac Banking ranks #999999 out of 1191 companies for EV-to-FCF. This places Westpac Banking in the lower half of its industry. The industry median EV-to-FCF is 6.56. 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 Banks company?
The median EV-to-FCF among Banks companies is 6.56, based on 1,191 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. 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 Westpac Banking and its competitors. For the Banks industry, the median EV-to-FCF is 6.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westpac Banking's current EV-to-FCF is -42.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westpac Banking stock overvalued right now?
Based on GuruFocus' analysis, Westpac Banking (WBKCY) is currently considered Fairly Valued. The stock's GF Value™ is $50.87, compared to a current price of $51.67 — trading 1.6% above its estimated fair value. The current EV-to-FCF is -42.23. Westpac Banking's overall GF Score™ is 46/100 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 Westpac Banking (WBKCY), the current EV-to-FCF is -42.23 as of Jun. 24, 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 Westpac Banking (WBKCY) Overvalued in 2026?
Based on GuruFocus' analysis, Westpac Banking stock appears to be overvalued.
The current stock price of $51.67 is trading 1.6% above its estimated GF Value™ of $50.87.
GuruFocus considers Westpac Banking to be Fairly Valued.
Key valuation signals for WBKCY:
EV-to-FCF: -42.23
GF Value™: $50.87 vs. price of $51.67 (1.6% above fair value)
No single metric tells the full story. See the WBKCY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Westpac is Australia's oldest bank and financial services group, with a significant franchise in Australia and New Zealand in the consumer, small business, corporate, and institutional sectors, in addition to its major presence in wealth management. Westpac is among a handful of banks around the globe currently retaining very high credit ratings. The bank benefits from a large national branch network and significant market share, particularly in home loans and retail deposits.
46GF Score
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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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