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EV / NTM FCF Multiples

EV / NTM FCF Multiples
Chart by Clouded Judgement (Altimeter). Source: cloudedjudgement.substack.com

Line chart displaying the historical median EV / NTM FCF multiple for FCF-positive companies from 2015 through 2026. The long-term average stands at 40.1x, while the final value reached 17.3x.

LabelValue shown on the chart
LT Average40.1x
Current FCF Positive & <100x Multiple Median17.3x

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