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Frendy Energy SpAMIL:FRE 31 Intrinsic Value: Projected FCF is €0.31 as of Aug. 01, 2026, which is 100% below its 10-year median of 0.99. GuruFocus rates MIL:FRE with a GF Score™ of 31/100 and a GF Value™ of €0.22 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 244 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks better than 61.89% on this metric.
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2026-08-01), Frendy Energy SpA's Intrinsic Value: Projected FCF is €0.31. The stock price of Frendy Energy SpA is €0.19. Therefore, Frendy Energy SpA's Price-to-Intrinsic-Value-Projected-FCF of today is 0.6.
The historical rank and industry rank for Frendy Energy SpA's Intrinsic Value: Projected FCF or its related term are showing as below:
MIL:FRE'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 0.6 Med: 0.99 Max: 6
Current: 0.61
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of Frendy Energy SpA was 6.00. The lowest was 0.60. And the median was 0.99.
MIL:FRE's Price-to-Projected-FCF is ranked better than 61.89% of 244
companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.835
vs MIL:FRE: 0.61
Frendy Energy SpA (MIL:FRE) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
Frendy Energy SpA's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
0.19
/
0.31335163154475
=
0.61
* 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.
Frendy Energy SpA Intrinsic Value: Projected FCF Related Terms
Frendy Energy SpA Intrinsic Value: Projected FCF Historical Data
* Premium members only.
The historical data trend for Frendy Energy SpA's Intrinsic Value: Projected 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.
Frendy Energy SpA Intrinsic Value: Projected FCF Chart
Frendy Energy SpA Intrinsic Value: Projected FCF Competitor Comparison
For the Utilities - Renewable subindustry, Frendy Energy SpA's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-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.
Frendy Energy SpA Price-to-Projected-FCF vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where Frendy Energy SpA's Price-to-Projected-FCF falls into.
Frendy Energy SpA Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* 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.
What does a Intrinsic Value: Projected FCF of €0.31 mean?
Frendy Energy SpA (MIL:FRE) has a Intrinsic Value: Projected FCF of €0.31 as of Aug. 01, 2026. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Frendy Energy SpA and its competitors. This is 69% below median its historical median of 0.99. Over the past decade, Frendy Energy SpA's Intrinsic Value: Projected FCF has ranged from 0.60 to 6.00. According to the industry distribution chart, Frendy Energy SpA ranks #93 out of 244 companies in the Utilities - Independent Power Producers industry, placing it in the top 38.1%.
Is Frendy Energy SpA's Intrinsic Value: Projected FCF too high?
Frendy Energy SpA's current Intrinsic Value: Projected FCF of €0.31 is 69% below median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 6.00. Based on the distribution chart, Frendy Energy SpA ranks #93 out of 244 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Frendy Energy SpA has a GF Score™ of 31/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's Intrinsic Value: Projected FCF compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #93 out of 244 companies for Intrinsic Value: Projected FCF. This puts Frendy Energy SpA in the upper half of its industry. The industry median Intrinsic Value: Projected FCF is 0.84. Historically, Frendy Energy SpA's own Intrinsic Value: Projected FCF has ranged from 0.60 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: Projected FCF for an Utilities - Independent Power Producers company?
The median Intrinsic Value: Projected FCF among Utilities - Independent Power Producers companies is 0.84, based on 244 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: Projected FCF significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: Projected 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 Intrinsic Value: Projected FCF mean?
A high Intrinsic Value: Projected FCF can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: Projected FCF is the stock value based on a projected free cash flow model. View historical data on Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Intrinsic Value: Projected FCF is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current Intrinsic Value: Projected FCF is €0.31, which is 69% below median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Frendy Energy SpA stock overvalued right now?
Based on GuruFocus' analysis, Frendy Energy SpA (MIL:FRE) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.22, compared to a current price of €0.19 — trading 13.6% below its estimated fair value. The current Intrinsic Value: Projected FCF is €0.31, which is 69% below median its 10-year median of 0.99. Frendy Energy SpA's overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: Projected FCF calculated?
Intrinsic Value: Projected FCF is calculated from a company's financial statements. For Frendy Energy SpA (MIL:FRE), the current Intrinsic Value: Projected FCF is €0.31 as of Aug. 01, 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 Frendy Energy SpA (MIL:FRE) Overvalued in 2026?
Based on GuruFocus' analysis, Frendy Energy SpA stock appears to be undervalued.
The current stock price of €0.19 is trading 13.6% below its estimated GF Value™ of €0.22.
GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:FRE:
Intrinsic Value: Projected FCF: €0.31 (69% below median its 10-year median of 0.99)
GF Value™: €0.22 vs. price of €0.19 (13.6% below fair value)
No single metric tells the full story. See the MIL:FRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Frendy Energy SpA is an Italian company. It is engaged in building and operating mini hydropower plants towards the production and sale of electricity.
31GF Score
Get the complete analysis for MIL:FRE
Intrinsic Value: Projected FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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