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.
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.
The historical rank and industry rank for Industrial Capital Holding AD's EV-to-FCF or its related term are showing as below:
XBUL:HIKA'
s EV-to-FCF Range Over the Past 10 Years
Min: -194.48 Med: 10.73 Max: 79.23
Current: -81.77
During the past 13 years, the highest EV-to-FCF of Industrial Capital Holding AD was 79.23. The lowest was -194.48. And the median was 10.73.
XBUL:HIKA's EV-to-FCF is ranked worse than 100% of 436
companies
in the Capital Markets industry
Industry Median: 9.8
vs XBUL:HIKA: -81.77
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.
Industrial Capital Holding AD (XBUL:HIKA) 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.
Industrial Capital Holding AD's PE Ratio (TTM) for today is calculated as:
Industrial Capital Holding AD's share price for today is €1.17.
Industrial Capital Holding 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 €0.137.
* 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.
Industrial Capital Holding AD EV-to-FCF Related Terms
Industrial Capital Holding 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 Capital Markets subindustry, Industrial Capital Holding 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.
Industrial Capital Holding AD EV-to-FCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Industrial Capital Holding AD's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Industrial Capital Holding AD's EV-to-FCF falls into.
Industrial Capital Holding AD's current Enterprise Value is €85.9 Mil.
Industrial Capital Holding 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 €-1.1 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.
Industrial Capital Holding AD (XBUL:HIKA) has a EV-to-FCF of -81.77 as of Aug. 09, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Industrial Capital Holding AD and its competitors. According to the industry distribution chart, Industrial Capital Holding AD ranks #999999 out of 436 companies in the Capital Markets industry.
Is Industrial Capital Holding AD's EV-to-FCF too high?
Industrial Capital Holding AD's current EV-to-FCF is -81.77. Based on the distribution chart, Industrial Capital Holding AD ranks #999999 out of 436 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Industrial Capital Holding AD has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Industrial Capital Holding AD's EV-to-FCF compare to MS and GS?
According to the Capital Markets industry distribution chart, Industrial Capital Holding AD ranks #999999 out of 436 companies for EV-to-FCF. This places Industrial Capital Holding AD in the lower half of its industry. The industry median EV-to-FCF is 9.80. 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 9.80, based on 436 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 Industrial Capital Holding AD and its competitors. For the Capital Markets industry, the median EV-to-FCF is 9.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrial Capital Holding AD's current EV-to-FCF is -81.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrial Capital Holding AD stock overvalued right now?
Based on GuruFocus' analysis, Industrial Capital Holding AD (XBUL:HIKA) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.51, compared to a current price of €1.17 — trading 53.4% below its estimated fair value. The current EV-to-FCF is -81.77. Industrial Capital Holding AD's overall GF Score™ is 67/100 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 Industrial Capital Holding AD (XBUL:HIKA), the current EV-to-FCF is -81.77 as of Aug. 09, 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 Industrial Capital Holding AD (XBUL:HIKA) Overvalued in 2026?
Based on GuruFocus' analysis, Industrial Capital Holding AD stock appears to be undervalued.
The current stock price of €1.17 is trading 53.4% below its estimated GF Value™ of €2.51.
GuruFocus considers Industrial Capital Holding AD to be Significantly Undervalued.
Key valuation signals for XBUL:HIKA:
EV-to-FCF: -81.77
GF Value™: €2.51 vs. price of €1.17 (53.4% below fair value)
No single metric tells the full story. See the XBUL:HIKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrial Capital Holding AD is a Bulgaria-based holding company engaged in the evaluation, acquisition, management, and sale of shares in Bulgarian and foreign companies.
67GF Score
Get the complete analysis for XBUL:HIKA
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XBUL:HIKA has been successfully added to your 
