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 39.62x is 64% below its estimated 3-year average of 109.76x, near the low end of its estimated 3-year range (31.82x–1759.50x).
As of 2026-10-06T14:27:06.679Z. 77.00% below its estimated 12-month average of 172.22x.
Calculation as of: 2026-10-06T14:27:06.679Z.
Quote observation: 2026-10-06T14:24:52.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 34c8121147dec23cd294d5ba5ccce51b73b1879410994e59f1d491094cbd814c
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 2026-10-05.
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
39.62x
EV/FCF RATIO AVG TTM
172.22x
EV/FCF RATIO AVG 3Y
109.76x
EV/FCF RATIO AVG 5Y
109.76x
EV/FCF RATIO AVG 10Y
N/A
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-77.00%
CURRENT VS 3Y AVG
-63.90%
CURRENT VS 5Y AVG
-63.90%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
25.94x
median of 268 covered companies
CURRENT VS SECTOR MEDIAN
+52.74%
vs the sector median at left
Market Cap
$2.33B
EV/FCF Ratio
65.08x
TTM Avg
28.18x
3Y Avg
18.35x
5Y Avg
45.63x
Market Cap
$2.09B
EV/FCF Ratio
N/A
TTM Avg
190.23x
3Y Avg
190.23x
5Y Avg
190.23x
Market Cap
$2.04B
EV/FCF Ratio
14.02x
TTM Avg
9.74x
3Y Avg
9.20x
5Y Avg
8.05x
Market Cap
$2.44B
EV/FCF Ratio
42.67x
TTM Avg
17.95x
3Y Avg
11.52x
5Y Avg
13.45x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.24B | 39.62x | 172.22x | 109.76x | 109.76x |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.23B | N/A | 45.21x | 81.75x | 64.72x |
| Innodata Inc. (INOD)vs › | $2.23B | 9.15x | 41.36x | 159.40x | 155.72x |
| Asana, Inc. (ASAN)vs › | $2.22B | 19.24x | 36.18x | 182.95x | 182.95x |
| PC Connection, Inc. (CNXN)vs › | $2.33B | 65.08x | 28.18x | 18.35x | 45.63x |
| nCino, Inc. (NCNO)vs › | $2.11B | 17.91x | 33.02x | 94.62x | 115.46x |
| Keel Infrastructure Corp. (KEEL)vs › | $2.09B | N/A | 190.23x | 190.23x | 190.23x |
| GigaCloud Technology Inc. (GCT)vs › | $2.04B | 14.02x | 9.74x | 9.20x | 8.05x |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.44B | 42.67x | 17.95x | 11.52x | 13.45x |
| Bandwidth Inc. (BAND)vs › | $2.02B | 5330.99x | 1013.34x | 406.09x | 406.09x |
EV/FCF
39.6x
P/FCF
45.3x
FCF Yield
2.21%
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 |
|---|---|
| 2026-10-05 | 39.88x |
| 2026-10-02 | 41.12x |
| 2026-10-01 | 40.37x |
| 2026-09-30 | 39.24x |
| 2026-09-29 | 39.31x |
| 2026-09-28 | 39.93x |
| 2026-09-25 | 40.83x |
| 2026-09-24 | 41.17x |
| 2026-09-23 | 41.58x |
| 2026-09-22 | 41.84x |
| 2026-09-21 | 40.67x |
| 2026-09-18 | 40.27x |
| 2026-09-17 | 38.64x |
| 2026-09-16 | 38.79x |
| 2026-09-15 | 38.05x |
| 2026-09-14 | 38.67x |
| 2026-09-11 | 40.88x |
| 2026-09-10 | 39.63x |
| 2026-09-09 | 41.60x |
| 2026-09-08 | 42.22x |
| 2026-09-04 | 40.52x |
| 2026-09-03 | 42.15x |
| 2026-09-02 | 39.75x |
| 2026-09-01 | 40.82x |
| 2026-08-31 | 43.07x |
| 2026-08-28 | 43.84x |
| 2026-08-27 | 46.21x |
| 2026-08-26 | 44.72x |
| 2026-08-25 | 44.26x |
| 2026-08-24 | 45.19x |
| 2026-08-21 | 48.98x |
| 2026-08-20 | 48.75x |
| 2026-08-19 | 49.54x |
| 2026-08-18 | 51.99x |
| 2026-08-17 | 56.60x |
| 2026-08-14 | 54.99x |
| 2026-08-13 | 52.39x |
| 2026-08-12 | 55.50x |
| 2026-08-11 | 51.08x |
| 2026-08-10 | 53.15x |
| 2026-08-07 | 140.09x |
| 2026-08-06 | 192.25x |
| 2026-08-05 | 191.73x |
| 2026-08-04 | 196.95x |
| 2026-08-03 | 177.83x |
| 2026-07-31 | 174.28x |
| 2026-07-30 | 165.92x |
| 2026-07-29 | 147.96x |
| 2026-07-28 | 159.40x |
| 2026-07-27 | 171.52x |
| 2026-07-24 | 177.58x |
| 2026-07-23 | 185.64x |
| 2026-07-22 | 184.13x |
| 2026-07-21 | 191.68x |
| 2026-07-20 | 172.96x |
| 2026-07-17 | 175.50x |
| 2026-07-16 | 165.87x |
| 2026-07-15 | 171.63x |
| 2026-07-14 | 181.53x |
| 2026-07-13 | 174.25x |
| 2026-07-10 | 183.07x |
| 2026-07-09 | 190.27x |
| 2026-07-08 | 146.90x |
| 2026-07-07 | 147.80x |
| 2026-07-06 | 164.81x |
| 2026-07-02 | 159.27x |
| 2026-07-01 | 169.30x |
| 2026-06-30 | 176.50x |
| 2026-06-29 | 164.11x |
| 2026-06-26 | 154.18x |
| 2026-06-25 | 157.08x |
| 2026-06-24 | 160.78x |
| 2026-06-23 | 167.90x |
| 2026-06-22 | 164.54x |
| 2026-06-18 | 163.27x |
| 2026-06-17 | 162.78x |
| 2026-06-16 | 167.41x |
| 2026-06-15 | 176.53x |
| 2026-06-12 | 176.61x |
| 2026-06-11 | 178.04x |
| 2026-06-10 | 157.78x |
| 2026-06-09 | 159.89x |
| 2026-06-08 | 168.79x |
| 2026-06-05 | 166.30x |
| 2026-06-04 | 190.76x |
| 2026-06-03 | 194.82x |
| 2026-06-02 | 194.73x |
| 2026-06-01 | 179.10x |
| 2026-05-29 | 188.67x |
| 2026-05-28 | 202.28x |
| 2026-05-27 | 208.34x |
| 2026-05-26 | 208.83x |
| 2026-05-22 | 200.66x |
| 2026-05-21 | 194.92x |
| 2026-05-20 | 181.05x |
| 2026-05-19 | 176.15x |
| 2026-05-18 | 179.77x |
| 2026-05-15 | 192.71x |
| 2026-05-14 | 208.18x |
| 2026-05-13 | 205.72x |
| 2026-05-12 | 214.89x |
| 2026-05-11 | 217.97x |
| 2026-05-08 | 301.01x |
| 2026-05-07 | 269.04x |
| 2026-05-06 | 290.16x |
| 2026-05-05 | 272.19x |
| 2026-05-04 | 282.37x |
| 2026-05-01 | 288.88x |
| 2026-04-30 | 284.20x |
| 2026-04-29 | 263.99x |
| 2026-04-28 | 267.34x |
| 2026-04-27 | 284.98x |
| 2026-04-24 | 308.80x |
| 2026-04-23 | 302.21x |
| 2026-04-22 | 293.02x |
| 2026-04-21 | 294.01x |
| 2026-04-20 | 290.37x |
| 2026-04-17 | 286.60x |
| 2026-04-16 | 282.66x |
| 2026-04-15 | 269.99x |
| 2026-04-14 | 271.85x |
| 2026-04-13 | 284.24x |
| 2026-04-10 | 265.64x |
| 2026-04-09 | 254.67x |
| 2026-04-08 | 244.73x |
| 2026-04-07 | 233.96x |
| 2026-04-06 | 235.95x |
| 2026-04-02 | 243.90x |
| 2026-04-01 | 236.36x |
| 2026-03-31 | 231.06x |
| 2026-03-30 | 218.55x |
| 2026-03-27 | 261.29x |
| 2026-03-26 | 259.39x |
| 2026-03-25 | 292.06x |
| 2026-03-24 | 291.28x |
| 2026-03-23 | 284.61x |
| 2026-03-20 | 267.26x |
| 2026-03-19 | 288.46x |
| 2026-03-18 | 278.77x |
| 2026-03-17 | 289.54x |
| 2026-03-16 | 278.60x |
| 2026-03-13 | 254.17x |
| 2026-03-12 | 254.87x |
| 2026-03-11 | 270.28x |
| 2026-03-10 | 259.10x |
| 2026-03-09 | 247.54x |
| 2026-03-06 | 237.77x |
| 2026-03-05 | 254.00x |
| 2026-03-04 | 272.48x |
| 2026-03-03 | 256.12x |
| 2026-03-02 | 275.25x |
| 2024-11-08 | 37.54x |
| 2024-11-07 | 49.90x |
| 2024-11-06 | 47.68x |
| 2024-11-05 | 41.88x |
| 2024-11-04 | 42.38x |
| 2024-11-01 | 41.23x |
| 2024-10-31 | 42.02x |
| 2024-10-30 | 43.56x |
| 2024-10-29 | 44.06x |
| 2024-10-28 | 44.71x |
| 2024-10-25 | 34.31x |
| 2024-10-24 | 34.21x |
| 2024-10-23 | 35.42x |
| 2024-10-22 | 35.93x |
| 2024-10-21 | 37.07x |
| 2024-10-18 | 36.79x |
| 2024-10-17 | 37.54x |
| 2024-10-16 | 37.61x |
| 2024-10-15 | 37.79x |
| 2024-10-14 | 38.33x |
| 2024-10-11 | 38.29x |
| 2024-10-10 | 36.11x |
| 2024-10-09 | 36.86x |
| 2024-10-08 | 37.22x |
| 2024-10-07 | 36.93x |
| 2024-10-04 | 36.82x |
| 2024-10-03 | 35.85x |
| 2024-10-02 | 34.96x |
| 2024-10-01 | 34.31x |
| 2024-09-30 | 35.60x |
| 2024-09-27 | 36.11x |
| 2024-09-26 | 35.64x |
| 2024-09-25 | 34.60x |
| 2024-09-24 | 35.03x |
| 2024-09-23 | 34.64x |
| 2024-09-20 | 35.50x |
| 2024-09-19 | 36.21x |
| 2024-09-18 | 35.25x |
| 2024-09-17 | 35.46x |
| 2024-09-16 | 35.60x |
| 2024-09-13 | 36.36x |
| 2024-09-12 | 35.50x |
| 2024-09-11 | 35.42x |
| 2024-09-10 | 35.03x |
| 2024-09-09 | 34.85x |
| 2024-09-06 | 34.92x |
| 2024-09-05 | 36.68x |
| 2024-09-04 | 37.29x |
| 2024-09-03 | 37.11x |
| 2024-08-30 | 40.08x |
| 2024-08-29 | 39.90x |
| 2024-08-28 | 39.15x |
| 2024-08-27 | 38.87x |
| 2024-08-26 | 39.15x |
| 2024-08-23 | 39.15x |
| 2024-08-22 | 38.54x |
| 2024-08-21 | 39.90x |
| 2024-08-20 | 39.12x |
| 2024-08-19 | 39.30x |
| 2024-08-16 | 38.94x |
| 2024-08-15 | 38.33x |
| 2024-08-14 | 36.97x |
| 2024-08-13 | 37.32x |
| 2024-08-12 | 35.64x |
| 2024-08-09 | 35.39x |
| 2024-08-08 | 36.21x |
| 2024-08-07 | 35.35x |
| 2024-08-06 | 35.28x |
| 2024-08-05 | 35.57x |
| 2024-08-02 | 31.98x |
| 2024-08-01 | 33.05x |
| 2024-07-31 | 35.80x |
| 2024-07-30 | 35.35x |
| 2024-07-29 | 36.28x |
| 2024-07-26 | 36.48x |
| 2024-07-25 | 35.83x |
| 2024-07-24 | 35.83x |
| 2024-07-23 | 37.87x |
| 2024-07-22 | 36.19x |
| 2024-07-19 | 35.22x |
| 2024-07-18 | 36.12x |
| 2024-07-17 | 38.74x |
| 2024-07-16 | 39.16x |
| 2024-07-15 | 36.58x |
| 2024-07-12 | 35.41x |
| 2024-07-11 | 34.22x |
| 2024-07-10 | 32.37x |
| 2024-07-09 | 32.92x |
| 2024-07-08 | 33.60x |
| 2024-07-05 | 32.31x |
| 2024-07-03 | 32.79x |
| 2024-07-02 | 31.82x |
| 2024-07-01 | 32.21x |
| 2024-06-28 | 32.11x |
| 2024-06-27 | 33.15x |
| 2024-06-26 | 33.02x |
| 2024-06-25 | 32.53x |
| 2024-06-24 | 33.21x |
| 2024-06-21 | 35.35x |
| 2024-06-20 | 35.25x |
| 2024-06-18 | 35.93x |
| 2024-06-17 | 35.61x |
| 2024-06-14 | 34.89x |
| 2024-06-13 | 35.96x |
| 2024-06-12 | 36.41x |
| 2024-06-11 | 35.74x |
| 2024-06-10 | 35.77x |
| 2024-06-07 | 34.83x |
| 2024-06-06 | 35.70x |
Showing the most recent 260 of 469 data points. The chart above shows the full history.
