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EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Bulgarian Stock Exchange AD's Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €-279.34 Mil. Therefore, Bulgarian Stock Exchange AD's EV-to-FCF for today is -0.20.
The historical rank and industry rank for Bulgarian Stock Exchange AD's EV-to-FCF or its related term are showing as below:
XBUL:BSE'
s EV-to-FCF Range Over the Past 10 Years
Min: -324.32 Med: -0.64 Max: 1584.7
Current: -0.2
During the past 13 years, the highest EV-to-FCF of Bulgarian Stock Exchange AD was 1584.70. The lowest was -324.32. And the median was -0.64.
XBUL:BSE's EV-to-FCF is ranked worse than 100% of 446
companies
in the Capital Markets industry
Industry Median: 9.71
vs XBUL:BSE: -0.20
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.
Bulgarian Stock Exchange AD (XBUL:BSE) 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.
Bulgarian Stock Exchange AD's PE Ratio (TTM) for today is calculated as:
Bulgarian Stock Exchange AD's share price for today is €6.92.
Bulgarian Stock Exchange AD'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 €0.531.
* 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.
Bulgarian Stock Exchange AD EV-to-FCF Related Terms
Bulgarian Stock Exchange AD EV-to-FCF Historical Data
* 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 Financial Data & Stock Exchanges subindustry, Bulgarian Stock Exchange AD'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.
Bulgarian Stock Exchange AD EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bulgarian Stock Exchange AD's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Bulgarian Stock Exchange AD's EV-to-FCF falls into.
Bulgarian Stock Exchange AD's current Enterprise Value is €55.58 Mil.
Bulgarian Stock Exchange AD'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 €-279.34 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.
Bulgarian Stock Exchange AD (XBUL:BSE) has a EV-to-FCF of -0.20 as of Jul. 30, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Bulgarian Stock Exchange AD and its competitors. According to the industry distribution chart, Bulgarian Stock Exchange AD ranks #999999 out of 446 companies in the Capital Markets industry.
Is Bulgarian Stock Exchange AD's EV-to-FCF too high?
Bulgarian Stock Exchange AD's current EV-to-FCF is -0.20. Based on the distribution chart, Bulgarian Stock Exchange AD ranks #999999 out of 446 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Bulgarian Stock Exchange AD has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bulgarian Stock Exchange AD's EV-to-FCF compare to SPGI and CME?
According to the Capital Markets industry distribution chart, Bulgarian Stock Exchange AD ranks #999999 out of 446 companies for EV-to-FCF. This places Bulgarian Stock Exchange AD in the lower half of its industry. The industry median EV-to-FCF is 9.71. 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 Capital Markets company?
The median EV-to-FCF among Capital Markets companies is 9.71, based on 446 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 Bulgarian Stock Exchange AD and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian Stock Exchange AD's current EV-to-FCF is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian Stock Exchange AD stock overvalued right now?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD (XBUL:BSE) is currently considered Possible Value Trap. The stock's GF Value™ is €9.82, compared to a current price of €6.92 — trading 29.5% below its estimated fair value. The current EV-to-FCF is -0.20. Bulgarian Stock Exchange AD's overall GF Score™ is 79/100 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 Bulgarian Stock Exchange AD (XBUL:BSE), the current EV-to-FCF is -0.20 as of Jul. 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 Bulgarian Stock Exchange AD (XBUL:BSE) Overvalued in 2026?
Based on GuruFocus' analysis, Bulgarian Stock Exchange AD stock appears to be undervalued.
The current stock price of €6.92 is trading 29.5% below its estimated GF Value™ of €9.82.
GuruFocus considers Bulgarian Stock Exchange AD to be Possible Value Trap.
Key valuation signals for XBUL:BSE:
EV-to-FCF: -0.20
GF Value™: €9.82 vs. price of €6.92 (29.5% below fair value)
No single metric tells the full story. See the XBUL:BSE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bulgarian Stock Exchange AD is functioning stock exchange in Bulgaria. The principal activity of the group is to organize trade in securities and other financial instruments; organize and maintain an information system for security deals; and establish and maintain a clearing system. It has aggregated its operations into three reportable segments - Trading in Financial Instruments, Information Services, and Registration of Issues for Trading. It offers a wide range of RSS information services to serve the corporate clients, such as data-vendors, investment intermediaries, and issuers. The group performs their activities in Bulgaria only.
79GF Score
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