Graham price to free cash flow GHM
Market value divided by free cash flow over the last twelve months, since 2012.
- Today, Oct 23, 2026
- n/m
- not a meaningful number
- Last meaningful
- 113×
- Aug 2025
- 10-year median
- 20.4×
- 10-year range
- 6.5× to 270×
- Peer median
- 17.8×
Graham's price to free cash flow is not a meaningful number today: free cash flow over the last twelve months was zero, negative or not reported.
It was last meaningful in Aug 2025, at 113×.
On the days it had one over the last ten years, its median was 20.4×, from 6.5× in Jun 2023 to 270× in Nov 2019.
Price to free cash flow over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2025 | 113× | 15.7× | 113× |
| 2024 | 18.2× | 10.2× | 19.8× |
| 2023 | 10.0× | 6.5× | 30.3× |
| 2022 | 26.8× | 26.8× | 52.7× |
| 2021 | 41.5× | 38.0× | 47.6× |
| 2020 | n/m a value too high to mean anything | ||
| 2019 | 270× | 18.9× | 270× |
| 2018 | 20.6× | 18.8× | 77.1× |
| 2017 | 21.8× | 15.9× | 33.8× |
| 2016 | 15.9× | 8.1× | 45.8× |
| 2015 | 44.5× | 19.1× | 217× |
| 2014 | 26.0× | 24.6× | 43.0× |
| 2013 | 43.3× | 19.3× | 54.1× |
| 2012 | 18.8× | 16.6× | 30.4× |
Against its peers
Companies in Industrial - Machinery nearest Graham's size, closest first, today.
| Company | Price to free cash flow |
|---|---|
| GHMGraham | n/m |
| LYTSLSI Industries | 19.4× |
| PSIXPower Solutions International | 15.7× |
| TNCTennant | n/m |
| ENREnergizer | 10.3× |
| TWINTwin Disc | 38.5× |
| EPACEnerpac Tool | 16.3× |
| SPBSpectrum Brands | 6.3× |
| GRCGorman Rupp | 19.4× |
| HLIOHelios Technologies | 20.4× |
| KMTKennametal | n/m |
| Peer median | 17.8× |
What the price to free cash flow tells you
Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.
Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.
More on Graham
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.