Basis: Current FMP quote-based enterprise value / four-quarter operating cash flow less absolute capital expenditures. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the EV/FCF ratio high or low?
The EV/FCF ratio of 45.56x is 20% below its estimated 5-year average of 57.16x, near the low end of its estimated 5-year range (31.70x–93.43x).
As of 2026-09-16T09:00:48.145Z. 22.65% below its estimated 12-month average of 58.90x.
Calculation as of: 2026-09-16T09:00:48.145Z.
Quote observation: 2026-09-15T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 27ee3c9d2a47bb14a018942e63b795628decc9f7030df8832a59031599428b10
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-09-11.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
EV/FCF RATIO
45.56x
EV/FCF RATIO AVG TTM
58.90x
EV/FCF RATIO AVG 3Y
65.09x
EV/FCF RATIO AVG 5Y
57.16x
EV/FCF RATIO AVG 10Y
44.23x
EV/FCF RATIO AVG 15Y
35.01x
EV/FCF RATIO AVG 20Y
30.84x
CURRENT VS TTM AVG
-22.65%
CURRENT VS 3Y AVG
-30.00%
CURRENT VS 5Y AVG
-20.30%
CURRENT VS 10Y AVG
+3.01%
CURRENT VS 15Y AVG
+30.14%
CURRENT VS 20Y AVG
+47.71%
SECTOR MEDIAN · TECHNOLOGY
30.04x
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+51.66%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$75.45B
EV/FCF Ratio
45.56x
TTM Avg
58.90x
3Y Avg
65.09x
5Y Avg
57.16x
Market Cap
$74.01B
EV/FCF Ratio
21.18x
TTM Avg
93.51x
3Y Avg
67.25x
5Y Avg
49.75x
Market Cap
$77.88B
EV/FCF Ratio
32.42x
TTM Avg
32.14x
3Y Avg
33.88x
5Y Avg
34.93x
Market Cap
$81.62B
EV/FCF Ratio
N/A
TTM Avg
35.84x
3Y Avg
27.36x
5Y Avg
43.44x
Market Cap
$65.27B
EV/FCF Ratio
163.02x
TTM Avg
368.98x
3Y Avg
308.86x
5Y Avg
102.76x
Market Cap
$58.44B
EV/FCF Ratio
17.27x
TTM Avg
21.61x
3Y Avg
19.39x
5Y Avg
21.92x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $75.45B | 45.56x | 58.90x | 65.09x | 57.16x |
| Hewlett Packard Enterprise Company (HPE)vs › | $74.01B | 21.18x | 93.51x | 67.25x | 49.75x |
| Motorola Solutions, Inc. (MSI)vs › | $77.88B | 32.42x | 32.14x | 33.88x | 34.93x |
| Synopsys, Inc. (SNPS)vs › | $70.41B | 27.83x | 48.50x | 59.93x | 50.53x |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $81.62B | N/A | 35.84x | 27.36x | 43.44x |
| Datadog, Inc. (DDOG)vs › | $81.97B | 71.71x | 62.62x | 64.57x | 98.97x |
| Lumentum Holdings Inc. (LITE)vs › | $65.27B | 163.02x | 368.98x | 308.86x | 102.76x |
| Intuit Inc. (INTU)vs › | $90.07B | 10.87x | 20.52x | 30.89x | 33.66x |
| TE Connectivity plc (TEL)vs › | $58.44B | 17.27x | 21.61x | 19.39x | 21.92x |
| NXP Semiconductors N.V. (NXPI)vs › | $57.08B | 23.19x | 27.81x | 25.24x | 24.72x |
EV/FCF
45.6x
P/FCF
44.9x
FCF Yield
2.23%
Formula: EV/FCF = Enterprise Value / Free Cash Flow
EV/FCF vs P/FCF:
EV/FCF = Enterprise Value / Free Cash Flow (TTM)
Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | EV/FCF RATIO |
|---|---|
| 2026-09-11 | 48.02x |
| 2026-09-10 | 47.29x |
| 2026-09-09 | 47.23x |
| 2026-09-08 | 47.15x |
| 2026-09-04 | 48.56x |
| 2026-09-03 | 50.56x |
| 2026-09-02 | 50.85x |
| 2026-09-01 | 51.89x |
| 2026-08-31 | 56.11x |
| 2026-08-28 | 56.37x |
| 2026-08-27 | 57.54x |
| 2026-08-26 | 55.44x |
| 2026-08-25 | 54.98x |
| 2026-08-24 | 52.36x |
| 2026-08-21 | 52.87x |
| 2026-08-20 | 51.98x |
| 2026-08-19 | 52.21x |
| 2026-08-18 | 52.46x |
| 2026-08-17 | 53.60x |
| 2026-08-14 | 53.82x |
| 2026-08-13 | 53.65x |
| 2026-08-12 | 53.54x |
| 2026-08-11 | 54.27x |
| 2026-08-10 | 54.98x |
| 2026-08-07 | 56.18x |
| 2026-08-06 | 56.05x |
| 2026-08-05 | 55.83x |
| 2026-08-04 | 56.41x |
| 2026-08-03 | 55.68x |
| 2026-07-31 | 56.31x |
| 2026-07-30 | 55.13x |
| 2026-07-29 | 55.12x |
| 2026-07-28 | 67.16x |
| 2026-07-27 | 65.99x |
| 2026-07-24 | 63.62x |
| 2026-07-23 | 64.43x |
| 2026-07-22 | 65.69x |
| 2026-07-21 | 67.15x |
| 2026-07-20 | 64.33x |
| 2026-07-17 | 64.36x |
| 2026-07-16 | 70.98x |
| 2026-07-15 | 72.29x |
| 2026-07-14 | 73.30x |
| 2026-07-13 | 73.52x |
| 2026-07-10 | 74.71x |
| 2026-07-09 | 75.05x |
| 2026-07-08 | 72.78x |
| 2026-07-07 | 72.20x |
| 2026-07-06 | 73.11x |
| 2026-07-02 | 72.60x |
| 2026-07-01 | 73.48x |
| 2026-06-30 | 73.02x |
| 2026-06-29 | 72.52x |
| 2026-06-26 | 73.39x |
| 2026-06-25 | 71.66x |
| 2026-06-24 | 72.46x |
| 2026-06-23 | 73.74x |
| 2026-06-22 | 75.65x |
| 2026-06-18 | 75.33x |
| 2026-06-17 | 75.75x |
| 2026-06-16 | 75.42x |
| 2026-06-15 | 76.69x |
| 2026-06-12 | 74.86x |
| 2026-06-11 | 74.63x |
| 2026-06-10 | 74.90x |
| 2026-06-09 | 76.00x |
| 2026-06-08 | 76.64x |
| 2026-06-05 | 73.19x |
| 2026-06-04 | 79.98x |
| 2026-06-03 | 79.28x |
| 2026-06-02 | 80.88x |
| 2026-06-01 | 80.45x |
| 2026-05-29 | 72.94x |
| 2026-05-28 | 72.74x |
| 2026-05-27 | 72.78x |
| 2026-05-26 | 74.25x |
| 2026-05-22 | 72.69x |
| 2026-05-21 | 69.79x |
| 2026-05-20 | 68.34x |
| 2026-05-19 | 65.90x |
| 2026-05-18 | 67.40x |
| 2026-05-15 | 67.64x |
| 2026-05-14 | 68.72x |
| 2026-05-13 | 69.04x |
| 2026-05-12 | 69.71x |
| 2026-05-11 | 70.89x |
| 2026-05-08 | 70.60x |
| 2026-05-07 | 69.49x |
| 2026-05-06 | 69.11x |
| 2026-05-05 | 68.87x |
| 2026-05-04 | 68.08x |
| 2026-05-01 | 58.31x |
| 2026-04-30 | 56.36x |
| 2026-04-29 | 56.42x |
| 2026-04-28 | 55.62x |
| 2026-04-27 | 57.55x |
| 2026-04-24 | 56.93x |
| 2026-04-23 | 53.73x |
| 2026-04-22 | 56.71x |
| 2026-04-21 | 55.71x |
| 2026-04-20 | 54.45x |
| 2026-04-17 | 53.17x |
| 2026-04-16 | 52.47x |
| 2026-04-15 | 51.97x |
| 2026-04-14 | 49.96x |
| 2026-04-13 | 49.24x |
| 2026-04-10 | 45.36x |
| 2026-04-09 | 48.00x |
| 2026-04-08 | 49.46x |
| 2026-04-07 | 47.74x |
| 2026-04-06 | 47.72x |
| 2026-04-02 | 47.61x |
| 2026-04-01 | 47.86x |
| 2026-03-31 | 47.46x |
| 2026-03-30 | 46.26x |
| 2026-03-27 | 46.41x |
| 2026-03-26 | 47.94x |
| 2026-03-25 | 48.07x |
| 2026-03-24 | 48.57x |
| 2026-03-23 | 49.98x |
| 2026-03-20 | 48.50x |
| 2026-03-19 | 49.10x |
| 2026-03-18 | 49.49x |
| 2026-03-17 | 50.19x |
| 2026-03-16 | 50.02x |
| 2026-03-13 | 49.04x |
| 2026-03-12 | 49.60x |
| 2026-03-11 | 50.26x |
| 2026-03-10 | 50.11x |
| 2026-03-09 | 50.93x |
| 2026-03-06 | 50.74x |
| 2026-03-05 | 51.24x |
| 2026-03-04 | 52.20x |
| 2026-03-03 | 51.38x |
| 2026-03-02 | 51.85x |
| 2026-02-27 | 51.51x |
| 2026-02-26 | 50.86x |
| 2026-02-25 | 51.58x |
| 2026-02-24 | 49.66x |
| 2026-02-23 | 47.79x |
| 2026-02-20 | 50.63x |
| 2026-02-19 | 50.68x |
| 2026-02-18 | 56.29x |
| 2026-02-17 | 52.30x |
| 2026-02-13 | 55.27x |
| 2026-02-12 | 53.21x |
| 2026-02-11 | 55.30x |
| 2026-02-10 | 55.18x |
| 2026-02-09 | 53.70x |
| 2026-02-06 | 52.31x |
| 2026-02-05 | 49.84x |
| 2026-02-04 | 50.07x |
| 2026-02-03 | 49.53x |
| 2026-02-02 | 53.36x |
| 2026-01-30 | 54.69x |
| 2026-01-29 | 55.86x |
| 2026-01-28 | 59.16x |
| 2026-01-27 | 58.77x |
| 2026-01-26 | 59.44x |
| 2026-01-23 | 58.76x |
| 2026-01-22 | 58.53x |
| 2026-01-21 | 57.93x |
| 2026-01-20 | 56.66x |
| 2026-01-16 | 58.60x |
| 2026-01-15 | 59.18x |
| 2026-01-14 | 57.80x |
| 2026-01-13 | 59.64x |
| 2026-01-12 | 60.09x |
| 2026-01-09 | 60.42x |
| 2026-01-08 | 58.85x |
| 2026-01-07 | 59.17x |
| 2026-01-06 | 58.08x |
| 2026-01-05 | 55.59x |
| 2026-01-02 | 57.29x |
| 2025-12-31 | 57.70x |
| 2025-12-30 | 58.25x |
| 2025-12-29 | 58.65x |
| 2025-12-26 | 58.86x |
| 2025-12-24 | 58.65x |
| 2025-12-23 | 58.50x |
| 2025-12-22 | 58.62x |
| 2025-12-19 | 58.13x |
| 2025-12-18 | 58.16x |
| 2025-12-17 | 57.78x |
| 2025-12-16 | 58.98x |
| 2025-12-15 | 58.78x |
| 2025-12-12 | 59.67x |
| 2025-12-11 | 61.93x |
| 2025-12-10 | 62.41x |
| 2025-12-09 | 61.86x |
| 2025-12-08 | 62.27x |
| 2025-12-05 | 62.32x |
| 2025-12-04 | 62.27x |
| 2025-12-03 | 62.05x |
| 2025-12-02 | 58.69x |
| 2025-12-01 | 57.15x |
| 2025-11-28 | 57.56x |
| 2025-11-26 | 56.54x |
| 2025-11-25 | 56.04x |
| 2025-11-24 | 56.19x |
| 2025-11-21 | 55.47x |
| 2025-11-20 | 55.76x |
| 2025-11-19 | 56.62x |
| 2025-11-18 | 55.96x |
| 2025-11-17 | 57.46x |
| 2025-11-14 | 58.13x |
| 2025-11-13 | 58.33x |
| 2025-11-12 | 58.24x |
| 2025-11-11 | 58.79x |
| 2025-11-10 | 60.73x |
| 2025-11-07 | 60.00x |
| 2025-11-06 | 59.89x |
| 2025-11-05 | 60.48x |
| 2025-11-04 | 61.52x |
| 2025-11-03 | 61.92x |
| 2025-10-31 | 62.53x |
| 2025-10-30 | 62.05x |
| 2025-10-29 | 63.04x |
| 2025-10-28 | 58.54x |
| 2025-10-27 | 60.28x |
| 2025-10-24 | 59.20x |
| 2025-10-23 | 57.85x |
| 2025-10-22 | 56.69x |
| 2025-10-21 | 57.19x |
| 2025-10-20 | 56.54x |
| 2025-10-17 | 55.93x |
| 2025-10-16 | 55.61x |
| 2025-10-15 | 55.58x |
| 2025-10-14 | 55.87x |
| 2025-10-13 | 56.98x |
| 2025-10-10 | 56.08x |
| 2025-10-09 | 59.81x |
| 2025-10-08 | 60.04x |
| 2025-10-07 | 59.26x |
| 2025-10-06 | 60.62x |
| 2025-10-03 | 59.57x |
| 2025-10-02 | 59.57x |
| 2025-10-01 | 60.38x |
| 2025-09-30 | 60.26x |
| 2025-09-29 | 59.79x |
| 2025-09-26 | 60.06x |
| 2025-09-25 | 60.22x |
| 2025-09-24 | 61.24x |
| 2025-09-23 | 62.85x |
| 2025-09-22 | 64.06x |
| 2025-09-19 | 64.06x |
| 2025-09-18 | 62.60x |
| 2025-09-17 | 59.57x |
| 2025-09-16 | 59.87x |
| 2025-09-15 | 60.30x |
| 2025-09-12 | 58.92x |
| 2025-09-11 | 60.85x |
| 2025-09-10 | 58.07x |
| 2025-09-09 | 62.07x |
| 2025-09-08 | 61.87x |
| 2025-09-05 | 60.21x |
| 2025-09-04 | 59.93x |
| 2025-09-03 | 59.58x |
| 2025-09-02 | 58.80x |
| 2025-08-29 | 60.11x |
Showing the most recent 260 of 4,818 data points. The chart above shows the full history.
