Charts / Clouded Judgement (Altimeter)
EV / NTM FCF Multiples

Line chart showing the median EV / NTM FCF multiple over time from 2015 to 2024, comparing the FCF positive and <100x multiple median against the long-term average of 40.1x. The median multiple reaches a recent value of 18.9x.
| Label | Value shown on the chart |
|---|---|
| LT Average | 40.1x |
| Latest FCF Positive & <100x Multiple Median | 18.9x |
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