Charts / Clouded Judgement (Altimeter)
EV / NTM FCF Multiples
Line chart displaying EV to next-twelve-months Free Cash Flow (NTM FCF) multiples from 2015 to 2026. The median multiple for FCF-positive companies under 100x reached 18.5x, significantly below the long-term average of 40.1x.
| Label | Value shown on the chart |
|---|---|
| LT Average | 40.1x |
| FCF Positive & <100x Multiple Median (Latest) | 18.5x |
Shown as a preview with credit and a link to the original. Publishers can request removal.
View the original on cloudedjudgement.substack.com
