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Frendy Energy SpAMIL:FRE 32 Price-to-Operating-Cash-Flow is 12.50 as of Sep. 22, 2026, which is 2% above its 10-year median of 12.22. GuruFocus rates MIL:FRE with a GF Score™ of 32/100 and a GF Value™ of €0.23 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 326 Utilities - Independent Power Producers companies, Frendy Energy SpA ranks worse than 59.2% on this metric.
As of today (2026-09-22), Frendy Energy SpA's share price is €0.175.
Frendy Energy SpA's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01. Hence, Frendy Energy SpA's Price-to-Operating-Cash-Flow Ratio for today is 12.50.
The historical rank and industry rank for Frendy Energy SpA's Price-to-Operating-Cash-Flow or its related term are showing as below:
MIL:FRE'
s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 2.62 Med: 12.22 Max: 60.33
Current: 9.61
During the past 13 years, Frendy Energy SpA's highest Price-to-Operating-Cash-Flow Ratio was 60.33. The lowest was 2.62. And the median was 12.22.
MIL:FRE's Price-to-Operating-Cash-Flow is ranked worse than 59.2% of 326
companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.7
vs MIL:FRE: 9.61
Frendy Energy SpA's Cash Flow from Operations per share for the
six
months ended in Dec. 2025 was €0.01.
Its Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01.
During the past 12 months, the average Operating Cash Flow per Share Growth Rate of Frendy Energy SpA was -33.30% per year.
During the past 3 years, the average Operating Cash Flow per Share Growth Rate was 31.00% per year.
During the past 5 years, the average Operating Cash Flow per Share Growth Rate was -2.90% per year.
During the past 10 years, the average Operating Cash Flow per Share Growth Rate was -7.20% per year.
During the past 13 years, Frendy Energy SpA's highest 3-Year average Operating Cash Flow per Share Growth Rate was 69.10% per year. The lowest was -57.70% per year. And the median was -3.90% per year.
Frendy Energy SpA Price-to-Operating-Cash-Flow Related Terms
Frendy Energy SpA Price-to-Operating-Cash-Flow Historical Data
* Premium members only.
The historical data trend for Frendy Energy SpA's Price-to-Operating-Cash-Flow 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 Price-to-Operating-Cash-Flow Chart
Frendy Energy SpA Price-to-Operating-Cash-Flow Competitor Comparison
For the Utilities - Renewable subindustry, Frendy Energy SpA's Price-to-Operating-Cash-Flow, along with its competitors' market caps and Price-to-Operating-Cash-Flow 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-Operating-Cash-Flow vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Frendy Energy SpA's Price-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Frendy Energy SpA's Price-to-Operating-Cash-Flow falls into.
Frendy Energy SpA Price-to-Operating-Cash-Flow Calculation
Frendy Energy SpA's Price-to-Operating-Cash-Flow ratio for today is calculated as
Price-to-Operating-Cash-Flow Ratio
=
Share Price
/
Cash Flow from Operations per share (TTM)
=
0.175
/
0.014
=
12.50
Frendy Energy SpA's Share Price of today is €0.175.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Frendy Energy SpA's Cash Flow from Operations per share for the trailing twelve months (TTM) ended in Dec. 2025 was €0.01.
* 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 Price-to-Operating-Cash-Flow of 12.50 mean?
Frendy Energy SpA (MIL:FRE) has a Price-to-Operating-Cash-Flow of 12.50 as of Sep. 22, 2026. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on Frendy Energy SpA and its competitors. This is near median its historical median of 12.22. Over the past decade, Frendy Energy SpA's Price-to-Operating-Cash-Flow has ranged from 2.62 to 60.33. According to the industry distribution chart, Frendy Energy SpA ranks #193 out of 326 companies in the Utilities - Independent Power Producers industry, placing it in the top 59.2%.
Is Frendy Energy SpA's Price-to-Operating-Cash-Flow too high?
Frendy Energy SpA's current Price-to-Operating-Cash-Flow of 12.50 is near median its 10-year median of 12.22. Over the past 10 years, this metric has ranged from a low of 2.62 to a high of 60.33. The Utilities - Independent Power Producers industry median Price-to-Operating-Cash-Flow is 7.70. Frendy Energy SpA's value of 12.50 is 62.3% above this industry median. Based on the distribution chart, Frendy Energy SpA ranks #193 out of 326 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Frendy Energy SpA has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Frendy Energy SpA's Price-to-Operating-Cash-Flow compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Frendy Energy SpA ranks #193 out of 326 companies for Price-to-Operating-Cash-Flow. This places Frendy Energy SpA in the lower half of its industry. The industry median Price-to-Operating-Cash-Flow is 7.70. Frendy Energy SpA's value of 12.50 is 62.3% above this benchmark. Historically, Frendy Energy SpA's own Price-to-Operating-Cash-Flow has ranged from 2.62 to 60.33 over the past decade. While the company's 10-year median is 12.22 vs. the industry median of 7.70, Frendy Energy SpA 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 Price-to-Operating-Cash-Flow for an Utilities - Independent Power Producers company?
The median Price-to-Operating-Cash-Flow among Utilities - Independent Power Producers companies is 7.70, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Frendy Energy SpA's current Price-to-Operating-Cash-Flow of 12.50 is 62.3% 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 Price-to-Operating-Cash-Flow mean?
A high Price-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Price-to-operating-cash-flow ratio is the ratio of share price to a company's per-share cash from operations. View historical data on Frendy Energy SpA and its competitors. For the Utilities - Independent Power Producers industry, the median Price-to-Operating-Cash-Flow is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Frendy Energy SpA's current Price-to-Operating-Cash-Flow is 12.50, which is near median its own 10-year median of 12.22. 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 €0.23, compared to a current price of €0.18 — trading 23.9% below its estimated fair value. The current Price-to-Operating-Cash-Flow is 12.50, which is near median its 10-year median of 12.22 and 62.3% above the Utilities - Independent Power Producers industry median of 7.70. Frendy Energy SpA's overall GF Score™ is 32/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Operating-Cash-Flow calculated?
Price-to-Operating-Cash-Flow is calculated from a company's financial statements. For Frendy Energy SpA (MIL:FRE), the current Price-to-Operating-Cash-Flow is 12.50 as of Sep. 22, 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 €0.18 is trading 23.9% below its estimated GF Value™ of €0.23.
GuruFocus considers Frendy Energy SpA to be Modestly Undervalued.
Key valuation signals for MIL:FRE:
Price-to-Operating-Cash-Flow: 12.50 (near median its 10-year median of 12.22)
GF Value™: €0.23 vs. price of €0.18 (23.9% below fair value)
Industry Position: 62.3% above the Utilities - Independent Power Producers median (#193 of 326)
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.
32GF Score
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