The historical rank and industry rank for Substrate Artificial Inteligence's EV-to-FCF or its related term are showing as below:
XMAD:SAI.B'
s EV-to-FCF Range Over the Past 10 Years
Min: -36.91 Med: -3.93 Max: -1.66
Current: -6.08
During the past 5 years, the highest EV-to-FCF of Substrate Artificial Inteligence was -1.66. The lowest was -36.91. And the median was -3.93.
XMAD:SAI.B's EV-to-FCF is ranked worse than 100% of 1585
companies
in the Software industry
Industry Median: 14.36
vs XMAD:SAI.B: -6.08
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.
Substrate Artificial Inteligence's PE Ratio (TTM) for today is calculated as:
Substrate Artificial Inteligence's share price for today is €0.132.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Substrate Artificial Inteligence's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €-0.022.
* 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.
Substrate Artificial Inteligence EV-to-FCF Related Terms
Substrate Artificial Inteligence 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.
XMAD:SAI.B vs MSFT, ORCL, PLTR: EV-to-FCF Comparison
For the Software - Infrastructure subindustry, Substrate Artificial Inteligence'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.
Substrate Artificial Inteligence EV-to-FCF vs Software Industry
For the Software industry and Technology sector, Substrate Artificial Inteligence's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Substrate Artificial Inteligence's EV-to-FCF falls into.
Substrate Artificial Inteligence's current Enterprise Value is €28.22 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Substrate Artificial Inteligence's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was €-4.68 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.
Substrate Artificial Inteligence (XMAD:SAI.B) has a EV-to-FCF of -6.03 as of Jun. 24, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Substrate Artificial Inteligence and its competitors. According to the industry distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1585 companies in the Software industry.
Is Substrate Artificial Inteligence's EV-to-FCF too high?
Substrate Artificial Inteligence's current EV-to-FCF is -6.03. Based on the distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1585 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Substrate Artificial Inteligence has a GF Score™ of 6/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Substrate Artificial Inteligence's EV-to-FCF compare to MSFT and ORCL?
According to the Software industry distribution chart, Substrate Artificial Inteligence ranks #999999 out of 1585 companies for EV-to-FCF. This places Substrate Artificial Inteligence in the lower half of its industry. The industry median EV-to-FCF is 14.36. 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 Software company?
The median EV-to-FCF among Software companies is 14.36, based on 1,585 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 Substrate Artificial Inteligence and its competitors. For the Software industry, the median EV-to-FCF is 14.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Substrate Artificial Inteligence's current EV-to-FCF is -6.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Substrate Artificial Inteligence stock overvalued right now?
Based on GuruFocus' analysis, Substrate Artificial Inteligence (XMAD:SAI.B) is currently considered Possible Value Trap. The stock's GF Value™ is €0.53, compared to a current price of €0.13 — trading 75.1% below its estimated fair value. The current EV-to-FCF is -6.03. Substrate Artificial Inteligence's overall GF Score™ is 6/100 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 Substrate Artificial Inteligence (XMAD:SAI.B), the current EV-to-FCF is -6.03 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 Substrate Artificial Inteligence (XMAD:SAI.B) Overvalued in 2026?
Based on GuruFocus' analysis, Substrate Artificial Inteligence stock appears to be undervalued.
The current stock price of €0.13 is trading 75.1% below its estimated GF Value™ of €0.53.
GuruFocus considers Substrate Artificial Inteligence to be Possible Value Trap.
Key valuation signals for XMAD:SAI.B:
EV-to-FCF: -6.03
GF Value™: €0.53 vs. price of €0.13 (75.1% below fair value)
No single metric tells the full story. See the XMAD:SAI.B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Substrate Artificial Inteligence Business Description
Substrate Artificial Inteligence SA is an Artificial Intelligence company in Spain. Its software is applied in agritech, energy, industry, fintech, human resources, or health sectors. Its technology is easy to implement and allows it to address all the problems faced by companies in the digitization and streamlining of their processes, optimizing decision-making and generating great cost savings.
6GF Score
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