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The historical rank and industry rank for National Company KazMunayGaz JSC's EV-to-FCF or its related term are showing as below:
XKAZ:KMGZ'
s EV-to-FCF Range Over the Past 10 Years
Min: 5.87 Med: 9.27 Max: 24.39
Current: 17.3
During the past 13 years, the highest EV-to-FCF of National Company KazMunayGaz JSC was 24.39. The lowest was 5.87. And the median was 9.27.
XKAZ:KMGZ's EV-to-FCF is ranked worse than 56.82% of 579
companies
in the Oil & Gas industry
Industry Median: 14.98
vs XKAZ:KMGZ: 17.30
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.
National Company KazMunayGaz JSC (XKAZ:KMGZ) 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.
National Company KazMunayGaz JSC's PE Ratio (TTM) for today is calculated as:
National Company KazMunayGaz JSC's share price for today is ₸35560.00.
National Company KazMunayGaz JSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₸2281.540.
* 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.
National Company KazMunayGaz JSC EV-to-FCF Related Terms
National Company KazMunayGaz JSC 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 Oil & Gas Refining & Marketing subindustry, National Company KazMunayGaz JSC'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.
National Company KazMunayGaz JSC EV-to-FCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, National Company KazMunayGaz JSC's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where National Company KazMunayGaz JSC's EV-to-FCF falls into.
National Company KazMunayGaz JSC's current Enterprise Value is ₸22,802,878 Mil.
National Company KazMunayGaz JSC's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₸1,315,903 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.
National Company KazMunayGaz JSC (XKAZ:KMGZ) has a EV-to-FCF of 17.33 as of Sep. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on National Company KazMunayGaz JSC and its competitors. This is 87% above median its historical median of 9.27. Over the past decade, National Company KazMunayGaz JSC's EV-to-FCF has ranged from 5.87 to 24.39. According to the industry distribution chart, National Company KazMunayGaz JSC ranks #329 out of 579 companies in the Oil & Gas industry, placing it in the top 56.8%.
Is National Company KazMunayGaz JSC's EV-to-FCF too high?
National Company KazMunayGaz JSC's current EV-to-FCF of 17.33 is 87% above median its 10-year median of 9.27. Over the past 10 years, this metric has ranged from a low of 5.87 to a high of 24.39. The Oil & Gas industry median EV-to-FCF is 14.98. National Company KazMunayGaz JSC's value of 17.33 is 15.7% above this industry median. Based on the distribution chart, National Company KazMunayGaz JSC ranks #329 out of 579 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, National Company KazMunayGaz JSC has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Company KazMunayGaz JSC's EV-to-FCF compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, National Company KazMunayGaz JSC ranks #329 out of 579 companies for EV-to-FCF. This places National Company KazMunayGaz JSC in the lower half of its industry. The industry median EV-to-FCF is 14.98. National Company KazMunayGaz JSC's value of 17.33 is 15.7% above this benchmark. Historically, National Company KazMunayGaz JSC's own EV-to-FCF has ranged from 5.87 to 24.39 over the past decade. While the company's 10-year median is 9.27 vs. the industry median of 14.98, National Company KazMunayGaz JSC has consistently been above 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 Oil & Gas company?
The median EV-to-FCF among Oil & Gas companies is 14.98, based on 579 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. National Company KazMunayGaz JSC's current EV-to-FCF of 17.33 is 15.7% above 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 National Company KazMunayGaz JSC and its competitors. For the Oil & Gas industry, the median EV-to-FCF is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. National Company KazMunayGaz JSC's current EV-to-FCF is 17.33, which is 87% above median its own 10-year median of 9.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Company KazMunayGaz JSC stock overvalued right now?
Based on GuruFocus' analysis, National Company KazMunayGaz JSC (XKAZ:KMGZ) is currently considered Significantly Overvalued. The stock's GF Value™ is ₸19,777.96, compared to a current price of ₸35,560.00 — trading 79.8% above its estimated fair value. The current EV-to-FCF is 17.33, which is 87% above median its 10-year median of 9.27 and 15.7% above the Oil & Gas industry median of 14.98. National Company KazMunayGaz JSC's overall GF Score™ is 65/100 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 National Company KazMunayGaz JSC (XKAZ:KMGZ), the current EV-to-FCF is 17.33 as of Sep. 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 National Company KazMunayGaz JSC (XKAZ:KMGZ) Overvalued in 2026?
Based on GuruFocus' analysis, National Company KazMunayGaz JSC stock appears to be overvalued.
The current stock price of ₸35,560.00 is trading 79.8% above its estimated GF Value™ of ₸19,777.96.
GuruFocus considers National Company KazMunayGaz JSC to be Significantly Overvalued.
Key valuation signals for XKAZ:KMGZ:
EV-to-FCF: 17.33 (87% above median its 10-year median of 9.27)
GF Value™: ₸19,777.96 vs. price of ₸35,560.00 (79.8% above fair value)
Industry Position: 15.7% above the Oil & Gas median (#329 of 579)
No single metric tells the full story. See the XKAZ:KMGZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Company KazMunayGaz JSC Group's activities comprise the exploration and production of oil and gas, transportation, refining, and marketing of hydrocarbons and petroleum products, with trading activities carried out in the Republic of Kazakhstan. The Group's activity consists of three main operating segments: exploration and production of oil and gas, oil transportation, and refining and trading of crude oil and refined products, which generates maximum revenue. It operates in the UAE, which generates maximum revenue, as well as in Kazakhstan, Romania, Switzerland, the Netherlands, and other countries.
65GF Score
Get the complete analysis for XKAZ:KMGZ
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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