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DeereDE +1.42%87 EV-to-OCF is 27.95 as of Aug. 12, 2026, which is 24% above its 10-year median of 22.46. GuruFocus rates DE with a GF Score™ of 87/100 and a GF Value™ of $377.48 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 213 Farm & Heavy Construction Machinery companies, Deere ranks worse than 81.22% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Deere's Enterprise Value is $221,689 Mil.
Deere's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was $7,933 Mil. Therefore, Deere's EV-to-OCF for today is 27.95.
The historical rank and industry rank for Deere's EV-to-OCF or its related term are showing as below:
DE'
s EV-to-OCF Range Over the Past 10 Years
Min: 13.49 Med: 22.46 Max: 112.35
Current: 27.95
During the past 13 years, the highest EV-to-OCF of Deere was 112.35. The lowest was 13.49. And the median was 22.46.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
As of today (2026-08-12), Deere's stock price is $617.95.
Deere's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $17.650. Therefore, Deere's PE Ratio (TTM) for today is 35.01.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Deere's share price for today is $617.95.
Deere's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.650.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Deere EV-to-OCF Related Terms
Deere EV-to-OCF Historical Data
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The historical data trend for Deere's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Farm & Heavy Construction Machinery subindustry, Deere's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Deere EV-to-OCF vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Deere's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Deere's EV-to-OCF falls into.
Deere's current Enterprise Value is $221,689 Mil.
Deere's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $7,933 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Deere (DE) has a EV-to-OCF of 27.95 as of Aug. 12, 2026. This is 24% above median its historical median of 22.46. Over the past decade, Deere's EV-to-OCF has ranged from 13.49 to 112.35. According to the industry distribution chart, Deere ranks #173 out of 213 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 81.2%.
Is Deere's EV-to-OCF too high?
Deere's current EV-to-OCF of 27.95 is 24% above median its 10-year median of 22.46. Over the past 10 years, this metric has ranged from a low of 13.49 to a high of 112.35. The Farm & Heavy Construction Machinery industry median EV-to-OCF is 9.97. Deere's value of 27.95 is 180.3% above this industry median. Based on the distribution chart, Deere ranks #173 out of 213 companies in the Farm & Heavy Construction Machinery industry, which is in the bottom quartile relative to peers. Overall, Deere has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deere's EV-to-OCF compare to PCAR and CNH?
According to the Farm & Heavy Construction Machinery industry distribution chart, Deere ranks #173 out of 213 companies for EV-to-OCF. This places Deere in the lower half of its industry. The industry median EV-to-OCF is 9.97. Deere's value of 27.95 is 180.3% above this benchmark. Historically, Deere's own EV-to-OCF has ranged from 13.49 to 112.35 over the past decade. While the company's 10-year median is 22.46 vs. the industry median of 9.97, Deere has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Farm & Heavy Construction Machinery company?
The median EV-to-OCF among Farm & Heavy Construction Machinery companies is 9.97, based on 213 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deere's current EV-to-OCF of 27.95 is 180.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Farm & Heavy Construction Machinery industry, the median EV-to-OCF is 9.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deere's current EV-to-OCF is 27.95, which is 24% above median its own 10-year median of 22.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deere stock overvalued right now?
Based on GuruFocus' analysis, Deere (DE) is currently considered Significantly Overvalued. The stock's GF Value™ is $377.48, compared to a current price of $617.95 — trading 63.7% above its estimated fair value. The current EV-to-OCF is 27.95, which is 24% above median its 10-year median of 22.46 and 180.3% above the Farm & Heavy Construction Machinery industry median of 9.97. Deere's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Deere (DE), the current EV-to-OCF is 27.95 as of Aug. 12, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Deere (DE) Overvalued in 2026?
Based on GuruFocus' analysis, Deere stock appears to be overvalued.
The current stock price of $617.95 is trading 63.7% above its estimated GF Value™ of $377.48.
GuruFocus considers Deere to be Significantly Overvalued.
Key valuation signals for DE:
EV-to-OCF: 27.95 (24% above median its 10-year median of 22.46)
GF Value™: $377.48 vs. price of $617.95 (63.7% above fair value)
Industry Position: 180.3% above the Farm & Heavy Construction Machinery median (#173 of 213)
No single metric tells the full story. See the DE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deere is the world's leading manufacturer of agricultural equipment and a major producer of construction machinery. The company is divided into four reporting segments: production & precision agriculture, or PPA, small agriculture & turf, or SAT, construction & forestry, or CF, and financial services, or FS, its captive finance subsidiary. The core PPA business is the largest contributor to sales and profits by far. Geographically, Deere sales are 60% US/Canada, 17% Europe, 14% Latin America, and 9% rest of the world. Deere goes to market through a robust dealer network that includes over 2,000 dealer locations in North America with reach into over 100 countries. John Deere Financial provides retail financing for machinery to its customers and wholesale financing for dealers.
87GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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