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 47.28x is 32% below its estimated 5-year average of 69.91x, near the low end of its estimated 5-year range (22.09x–6458.60x).
As of 2026-10-02T19:46:04.364Z. 30.77% above its estimated 12-month average of 36.16x.
Calculation as of: 2026-10-02T19:46:04.364Z.
Quote observation: 2026-10-02T19:45:05.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: ad265b5d282fbca528981da399c26c795013e7194f1a6dd382c054dc58ac986c
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 2026-10-01.
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
47.28x
EV/FCF RATIO AVG TTM
36.16x
EV/FCF RATIO AVG 3Y
60.58x
EV/FCF RATIO AVG 5Y
69.91x
EV/FCF RATIO AVG 10Y
113.61x
EV/FCF RATIO AVG 15Y
N/A
EV/FCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+30.77%
CURRENT VS 3Y AVG
-21.95%
CURRENT VS 5Y AVG
-32.37%
CURRENT VS 10Y AVG
-58.39%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
31.12x
median of 163 covered companies
CURRENT VS SECTOR MEDIAN
+51.93%
vs the sector median at left
Varonis Systems, Inc.
Market Cap
$5.48B
EV/FCF Ratio
47.28x
TTM Avg
36.16x
3Y Avg
60.58x
5Y Avg
69.91x
Market Cap
$5.30B
EV/FCF Ratio
124.43x
TTM Avg
341.49x
3Y Avg
148.74x
5Y Avg
102.53x
Market Cap
$5.30B
EV/FCF Ratio
N/A
TTM Avg
1203.04x
3Y Avg
1203.04x
5Y Avg
1203.04x
Market Cap
$5.69B
EV/FCF Ratio
10.47x
TTM Avg
13.87x
3Y Avg
18.70x
5Y Avg
30.96x
Market Cap
$4.83B
EV/FCF Ratio
31.38x
TTM Avg
22.82x
3Y Avg
32.15x
5Y Avg
26.99x
| NAME | MARKET CAP | EV/FCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Varonis Systems, Inc. (VRNS) | $5.48B | 47.28x | 36.16x | 60.58x | 69.91x |
| Genpact Limited (G)vs › | $5.65B | 11.45x | 11.70x | 14.77x | 17.12x |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.30B | 124.43x | 341.49x | 148.74x | 102.53x |
| Core Scientific, Inc. (CORZ)vs › | $5.30B | N/A | 1203.04x | 1203.04x | 1203.04x |
| EPAM Systems, Inc. (EPAM)vs › | $5.69B | 10.47x | 13.87x | 18.70x | 30.96x |
| Lyft, Inc. (LYFT)vs › | $5.85B | 5.14x | 6.30x | 8.15x | 8.15x |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | N/A | N/A | N/A | N/A |
| Diodes Incorporated (DIOD)vs › | $4.83B | 31.38x | 22.82x | 32.15x | 26.99x |
| Cirrus Logic, Inc. (CRUS)vs › | $6.16B | 9.64x | 11.53x | 14.94x | 42.29x |
| Box, Inc. (BOX)vs › | $4.76B | 11.84x | 12.45x | 13.56x | 14.89x |
EV/FCF
47.3x
P/FCF
45.0x
FCF Yield
2.22%
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 |
|---|---|
| 2026-10-01 | 47.18x |
| 2026-09-30 | 47.18x |
| 2026-09-29 | 46.86x |
| 2026-09-28 | 47.64x |
| 2026-09-25 | 46.05x |
| 2026-09-24 | 47.66x |
| 2026-09-23 | 48.03x |
| 2026-09-22 | 47.03x |
| 2026-09-21 | 48.14x |
| 2026-09-18 | 47.29x |
| 2026-09-17 | 47.52x |
| 2026-09-16 | 46.53x |
| 2026-09-15 | 47.20x |
| 2026-09-14 | 47.21x |
| 2026-09-11 | 44.98x |
| 2026-09-10 | 45.34x |
| 2026-09-09 | 45.90x |
| 2026-09-08 | 45.30x |
| 2026-09-04 | 45.90x |
| 2026-09-03 | 46.29x |
| 2026-09-02 | 46.53x |
| 2026-09-01 | 42.36x |
| 2026-08-31 | 43.70x |
| 2026-08-28 | 43.84x |
| 2026-08-27 | 44.66x |
| 2026-08-26 | 41.46x |
| 2026-08-25 | 40.91x |
| 2026-08-24 | 41.13x |
| 2026-08-21 | 41.30x |
| 2026-08-20 | 40.94x |
| 2026-08-19 | 42.29x |
| 2026-08-18 | 43.66x |
| 2026-08-17 | 43.14x |
| 2026-08-14 | 44.86x |
| 2026-08-13 | 45.64x |
| 2026-08-12 | 41.96x |
| 2026-08-11 | 42.13x |
| 2026-08-10 | 42.45x |
| 2026-08-07 | 43.47x |
| 2026-08-06 | 42.45x |
| 2026-08-05 | 43.35x |
| 2026-08-04 | 43.28x |
| 2026-08-03 | 41.25x |
| 2026-07-31 | 40.09x |
| 2026-07-30 | 40.07x |
| 2026-07-29 | 42.24x |
| 2026-07-28 | 46.14x |
| 2026-07-27 | 48.07x |
| 2026-07-24 | 47.17x |
| 2026-07-23 | 46.24x |
| 2026-07-22 | 46.78x |
| 2026-07-21 | 47.60x |
| 2026-07-20 | 48.83x |
| 2026-07-17 | 48.92x |
| 2026-07-16 | 48.39x |
| 2026-07-15 | 48.71x |
| 2026-07-14 | 49.55x |
| 2026-07-13 | 46.82x |
| 2026-07-10 | 46.00x |
| 2026-07-09 | 47.24x |
| 2026-07-08 | 46.52x |
| 2026-07-07 | 47.27x |
| 2026-07-06 | 47.11x |
| 2026-07-02 | 44.38x |
| 2026-07-01 | 43.44x |
| 2026-06-30 | 43.51x |
| 2026-06-29 | 41.82x |
| 2026-06-26 | 41.90x |
| 2026-06-25 | 40.22x |
| 2026-06-24 | 38.99x |
| 2026-06-23 | 36.80x |
| 2026-06-22 | 34.55x |
| 2026-06-18 | 35.20x |
| 2026-06-17 | 34.91x |
| 2026-06-16 | 35.67x |
| 2026-06-15 | 35.69x |
| 2026-06-12 | 35.16x |
| 2026-06-11 | 35.28x |
| 2026-06-10 | 34.74x |
| 2026-06-09 | 34.33x |
| 2026-06-08 | 34.87x |
| 2026-06-05 | 34.53x |
| 2026-06-04 | 35.07x |
| 2026-06-03 | 35.33x |
| 2026-06-02 | 37.62x |
| 2026-06-01 | 37.85x |
| 2026-05-29 | 35.95x |
| 2026-05-28 | 33.68x |
| 2026-05-27 | 32.16x |
| 2026-05-26 | 32.94x |
| 2026-05-22 | 32.90x |
| 2026-05-21 | 32.57x |
| 2026-05-20 | 32.99x |
| 2026-05-19 | 31.70x |
| 2026-05-18 | 30.75x |
| 2026-05-15 | 30.16x |
| 2026-05-14 | 29.23x |
| 2026-05-13 | 29.03x |
| 2026-05-12 | 29.83x |
| 2026-05-11 | 29.99x |
| 2026-05-08 | 30.50x |
| 2026-05-07 | 30.65x |
| 2026-05-06 | 29.61x |
| 2026-05-05 | 29.42x |
| 2026-05-04 | 29.42x |
| 2026-05-01 | 28.54x |
| 2026-04-30 | 28.34x |
| 2026-04-29 | 28.89x |
| 2026-04-28 | 27.12x |
| 2026-04-27 | 26.74x |
| 2026-04-24 | 26.24x |
| 2026-04-23 | 25.66x |
| 2026-04-22 | 26.82x |
| 2026-04-21 | 26.30x |
| 2026-04-20 | 26.13x |
| 2026-04-17 | 25.95x |
| 2026-04-16 | 25.64x |
| 2026-04-15 | 24.91x |
| 2026-04-14 | 23.59x |
| 2026-04-13 | 23.79x |
| 2026-04-10 | 22.09x |
| 2026-04-09 | 23.37x |
| 2026-04-08 | 24.60x |
| 2026-04-07 | 25.06x |
| 2026-04-06 | 25.43x |
| 2026-04-02 | 24.33x |
| 2026-04-01 | 23.57x |
| 2026-03-31 | 23.31x |
| 2026-03-30 | 23.02x |
| 2026-03-27 | 23.06x |
| 2026-03-26 | 23.66x |
| 2026-03-25 | 23.24x |
| 2026-03-24 | 23.83x |
| 2026-03-23 | 25.47x |
| 2026-03-20 | 25.47x |
| 2026-03-19 | 25.76x |
| 2026-03-18 | 26.20x |
| 2026-03-17 | 26.01x |
| 2026-03-16 | 25.85x |
| 2026-03-13 | 26.40x |
| 2026-03-12 | 25.91x |
| 2026-03-11 | 25.82x |
| 2026-03-10 | 25.69x |
| 2026-03-09 | 26.06x |
| 2026-03-06 | 26.11x |
| 2026-03-05 | 25.57x |
| 2026-03-04 | 25.25x |
| 2026-03-03 | 25.30x |
| 2026-03-02 | 24.85x |
| 2026-02-27 | 24.87x |
| 2026-02-26 | 24.86x |
| 2026-02-25 | 24.51x |
| 2026-02-24 | 23.54x |
| 2026-02-23 | 22.94x |
| 2026-02-20 | 25.44x |
| 2026-02-19 | 27.33x |
| 2026-02-18 | 27.36x |
| 2026-02-17 | 27.00x |
| 2026-02-13 | 27.04x |
| 2026-02-12 | 26.84x |
| 2026-02-11 | 27.93x |
| 2026-02-10 | 27.90x |
| 2026-02-09 | 27.28x |
| 2026-02-06 | 24.44x |
| 2026-02-05 | 24.02x |
| 2026-02-04 | 23.02x |
| 2026-02-03 | 25.48x |
| 2026-02-02 | 27.81x |
| 2026-01-30 | 28.32x |
| 2026-01-29 | 28.94x |
| 2026-01-28 | 31.38x |
| 2026-01-27 | 32.07x |
| 2026-01-26 | 33.30x |
| 2026-01-23 | 32.70x |
| 2026-01-22 | 32.57x |
| 2026-01-21 | 30.94x |
| 2026-01-20 | 30.67x |
| 2026-01-16 | 31.48x |
| 2026-01-15 | 31.85x |
| 2026-01-14 | 32.61x |
| 2026-01-13 | 32.41x |
| 2026-01-12 | 32.97x |
| 2026-01-09 | 32.96x |
| 2026-01-08 | 33.39x |
| 2026-01-07 | 33.12x |
| 2026-01-06 | 31.29x |
| 2026-01-05 | 30.91x |
| 2026-01-02 | 30.21x |
| 2025-12-31 | 30.86x |
| 2025-12-30 | 31.12x |
| 2025-12-29 | 31.32x |
| 2025-12-26 | 31.53x |
| 2025-12-24 | 31.41x |
| 2025-12-23 | 31.23x |
| 2025-12-22 | 32.27x |
| 2025-12-19 | 31.39x |
| 2025-12-18 | 31.26x |
| 2025-12-17 | 30.74x |
| 2025-12-16 | 31.17x |
| 2025-12-15 | 31.03x |
| 2025-12-12 | 31.71x |
| 2025-12-11 | 31.22x |
| 2025-12-10 | 31.15x |
| 2025-12-09 | 30.58x |
| 2025-12-08 | 29.77x |
| 2025-12-05 | 28.63x |
| 2025-12-04 | 29.41x |
| 2025-12-03 | 29.76x |
| 2025-12-02 | 30.14x |
| 2025-12-01 | 30.40x |
| 2025-11-28 | 31.09x |
| 2025-11-26 | 30.47x |
| 2025-11-25 | 30.58x |
| 2025-11-24 | 29.72x |
| 2025-11-21 | 29.61x |
| 2025-11-20 | 29.65x |
| 2025-11-19 | 30.29x |
| 2025-11-18 | 30.98x |
| 2025-11-17 | 31.18x |
| 2025-11-14 | 31.62x |
| 2025-11-13 | 32.16x |
| 2025-11-12 | 33.20x |
| 2025-11-11 | 33.41x |
| 2025-11-10 | 32.27x |
| 2025-11-07 | 32.01x |
| 2025-11-06 | 31.98x |
| 2025-11-05 | 32.75x |
| 2025-11-04 | 33.05x |
| 2025-11-03 | 33.66x |
| 2025-10-31 | 32.94x |
| 2025-10-30 | 32.75x |
| 2025-10-29 | 33.48x |
| 2025-10-28 | 61.00x |
| 2025-10-27 | 60.72x |
| 2025-10-24 | 60.38x |
| 2025-10-23 | 60.39x |
| 2025-10-22 | 59.42x |
| 2025-10-21 | 59.19x |
| 2025-10-20 | 60.31x |
| 2025-10-17 | 58.65x |
| 2025-10-16 | 58.57x |
| 2025-10-15 | 58.81x |
| 2025-10-14 | 59.34x |
| 2025-10-13 | 60.48x |
| 2025-10-10 | 59.62x |
| 2025-10-09 | 61.18x |
| 2025-10-08 | 61.28x |
| 2025-10-07 | 58.29x |
| 2025-10-06 | 58.97x |
| 2025-10-03 | 57.71x |
| 2025-10-02 | 57.83x |
| 2025-10-01 | 56.35x |
| 2025-09-30 | 56.04x |
| 2025-09-29 | 57.68x |
| 2025-09-26 | 57.90x |
| 2025-09-25 | 57.06x |
| 2025-09-24 | 56.61x |
| 2025-09-23 | 56.78x |
| 2025-09-22 | 58.16x |
| 2025-09-19 | 56.57x |
Showing the most recent 260 of 1,856 data points. The chart above shows the full history.
