ADCNF (Adicon Holdings) EV-to-OCF: 16.64 (As of Jul. 25, 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ADCNF Adicon Holdings Ltd ADCNF
75 GF Score
Price $0.65
GF Value $1.19
! 6 Warning Signs
View Full Analysis

What is Adicon Holdings EV-to-OCF?

Adicon Holdings ADCNF 75 EV-to-OCF is 16.64 as of Jul. 25, 2026, which is 14% below its 10-year median of 19.34. GuruFocus rates ADCNF with a GF Score™ of 75/100 and a GF Value™ of $1.19. The stock has 6 warning signs investors should review. Among 214 Medical Diagnostics & Research companies, Adicon Holdings ranks worse than 72.9% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Adicon Holdings's Enterprise Value is $540.8 Mil. Adicon Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $32.5 Mil. Therefore, Adicon Holdings's EV-to-OCF for today is 16.64.

The historical rank and industry rank for Adicon Holdings's EV-to-OCF or its related term are showing as below:

ADCNF' s EV-to-OCF Range Over the Past 10 Years
Min: 7.09   Med: 19.34   Max: 30.15
Current: 18.53

During the past 6 years, the highest EV-to-OCF of Adicon Holdings was 30.15. The lowest was 7.09. And the median was 19.34.

ADCNF's EV-to-OCF is ranked worse than
72.9% of 214 companies
in the Medical Diagnostics & Research industry
Industry Median: 6.085 vs ADCNF: 18.53

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 (2026-07-25), Adicon Holdings's stock price is $0.65. Adicon Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.005. Therefore, Adicon Holdings's PE Ratio (TTM) for today is 130.00.


Adicon Holdings  (OTCPK:ADCNF) EV-to-OCF Explanation

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.

Adicon Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.65/0.005
=130.00

Adicon Holdings's share price for today is $0.65.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adicon Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.005.

* 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.


Adicon Holdings EV-to-OCF Related Terms


Adicon Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Adicon Holdings'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.

Adicon Holdings EV-to-OCF Chart

Adicon Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial 0.00 0.00 23.50 33.09 19.34

Adicon Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.50 0.00 33.09 0.00 19.34

ADCNF vs TMO, DHR, IDXX: EV-to-OCF Comparison

For the Diagnostics & Research subindustry, Adicon Holdings'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.


Adicon Holdings EV-to-OCF vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Adicon Holdings's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Adicon Holdings's EV-to-OCF falls into.


ADCNF
75GF Score
Adicon Holdings Ltd ADCNF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adicon Holdings EV-to-OCF Calculation

Adicon Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=540.787/32.498
=16.64

Adicon Holdings's current Enterprise Value is $540.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adicon Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $32.5 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 16.64 mean?
Adicon Holdings (ADCNF) has a EV-to-OCF of 16.64 as of Jul. 25, 2026. This is 14% below median its historical median of 19.34. Over the past decade, Adicon Holdings' EV-to-OCF has ranged from 7.09 to 30.15. According to the industry distribution chart, Adicon Holdings ranks #156 out of 214 companies in the Medical Diagnostics & Research industry, placing it in the top 72.9%.
Is Adicon Holdings' EV-to-OCF too high?
Adicon Holdings' current EV-to-OCF of 16.64 is 14% below median its 10-year median of 19.34. Over the past 10 years, this metric has ranged from a low of 7.09 to a high of 30.15. The Medical Diagnostics & Research industry median EV-to-OCF is 6.09. Adicon Holdings' value of 16.64 is 173.5% above this industry median. Based on the distribution chart, Adicon Holdings ranks #156 out of 214 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Adicon Holdings has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Adicon Holdings' EV-to-OCF compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Adicon Holdings ranks #156 out of 214 companies for EV-to-OCF. This places Adicon Holdings in the lower half of its industry. The industry median EV-to-OCF is 6.09. Adicon Holdings' value of 16.64 is 173.5% above this benchmark. Historically, Adicon Holdings' own EV-to-OCF has ranged from 7.09 to 30.15 over the past decade. While the company's 10-year median is 19.34 vs. the industry median of 6.09, Adicon Holdings 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 Medical Diagnostics & Research company?
The median EV-to-OCF among Medical Diagnostics & Research companies is 6.09, based on 214 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. Adicon Holdings's current EV-to-OCF of 16.64 is 173.5% 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 Medical Diagnostics & Research industry, the median EV-to-OCF is 6.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adicon Holdings's current EV-to-OCF is 16.64, which is 14% below median its own 10-year median of 19.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adicon Holdings stock overvalued right now?
Adicon Holdings (ADCNF) has a current EV-to-OCF of 16.64. The stock's GF Value™ is $1.19, compared to a current price of $0.65 — trading 45.4% below its estimated fair value. The current EV-to-OCF is 16.64, which is 14% below median its 10-year median of 19.34 and 173.5% above the Medical Diagnostics & Research industry median of 6.09. Adicon Holdings' overall GF Score™ is 75/100 with 6 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 Adicon Holdings (ADCNF), the current EV-to-OCF is 16.64 as of Jul. 25, 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 Adicon Holdings (ADCNF) Overvalued in 2026?

Based on GuruFocus' analysis, Adicon Holdings stock appears to be undervalued. The current stock price of $0.65 is trading 45.4% below its estimated GF Value™ of $1.19.

Key valuation signals for ADCNF:

  • EV-to-OCF: 16.64 (14% below median its 10-year median of 19.34)
  • GF Value™: $1.19 vs. price of $0.65 (45.4% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 173.5% above the Medical Diagnostics & Research median (#156 of 214)

No single metric tells the full story. See the ADCNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adicon Holdings Business Description

Other Exchanges 09860:Hong Kong
Address No. 208, Zhenzhong Road, West Lake District, Xihu District, Hangzhou, CHN
Adicon Holdings Ltd is a ICL service provider in China. It offers comprehensive testing services to hospitals and health check centers through an integrated network of self-operated laboratories across China. Its testing services platform includes clinical laboratories, pathology laboratories, reproductive genetics laboratories, gene laboratories, and mass spectrometry laboratories, consisting of over 4,000 medical diagnostic tests, the introduction of over 300 new high-end diagnostic tests.
75GF Score

Get the complete analysis for ADCNF

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.65
Price
$1.19
GF Value