ANY (Sphere 3D) EV-to-OCF: -0.79 (As of Aug. 11, 2026)

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.

ANY Sphere 3D Corp ANY
56 GF Score
Price $2.05
GF Value $3.04
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Sphere 3D EV-to-OCF?

Sphere 3D ANY 56 EV-to-OCF is -0.79 as of Aug. 11, 2026. GuruFocus rates ANY with a GF Score™ of 56/100 and a GF Value™ of $3.04 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 809 Capital Markets companies, Sphere 3D ranks better than 52.53% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Sphere 3D's Enterprise Value is $12.52 Mil. Sphere 3D's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-15.76 Mil. Therefore, Sphere 3D's EV-to-OCF for today is -0.79.

The historical rank and industry rank for Sphere 3D's EV-to-OCF or its related term are showing as below:

ANY' s EV-to-OCF Range Over the Past 10 Years
Min: -30.94   Med: -2.89   Max: 0.71
Current: -0.79

During the past 13 years, the highest EV-to-OCF of Sphere 3D was 0.71. The lowest was -30.94. And the median was -2.89.

ANY's EV-to-OCF is ranked better than
52.53% of 809 companies
in the Capital Markets industry
Industry Median: -0.25 vs ANY: -0.79

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 (2026-08-11), Sphere 3D's stock price is $2.05. Sphere 3D's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-5.350. Therefore, Sphere 3D's PE Ratio (TTM) for today is At Loss.


Sphere 3D  (NAS:ANY) 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.

Sphere 3D's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.05/-5.350
=At Loss

Sphere 3D's share price for today is $2.05.
Sphere 3D's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.350.

* 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.


Sphere 3D EV-to-OCF Related Terms


Sphere 3D EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Sphere 3D'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.

Sphere 3D EV-to-OCF Chart

Sphere 3D Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.53 -0.89 -7.66 -2.42 -0.40

Sphere 3D Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.44 -0.75 -1.09 -0.40 -0.15

ANY vs FDCTD, MGTI, ABIT: EV-to-OCF Comparison

For the Capital Markets subindustry, Sphere 3D'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.


Sphere 3D EV-to-OCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sphere 3D's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Sphere 3D's EV-to-OCF falls into.


ANY
56GF Score
Sphere 3D Corp ANY
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sphere 3D EV-to-OCF Calculation

Sphere 3D's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=12.521/-15.758
=-0.79

Sphere 3D's current Enterprise Value is $12.52 Mil.
Sphere 3D's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-15.76 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 -0.79 mean?
Sphere 3D (ANY) has a EV-to-OCF of -0.79 as of Aug. 11, 2026. According to the industry distribution chart, Sphere 3D ranks #384 out of 809 companies in the Capital Markets industry, placing it in the top 47.5%.
Is Sphere 3D's EV-to-OCF too high?
Sphere 3D's current EV-to-OCF is -0.79. Based on the distribution chart, Sphere 3D ranks #384 out of 809 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Sphere 3D has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sphere 3D's EV-to-OCF compare to FDCTD and MGTI?
According to the Capital Markets industry distribution chart, Sphere 3D ranks #384 out of 809 companies for EV-to-OCF. This puts Sphere 3D in the upper half of its industry. 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 Capital Markets company?
A good EV-to-OCF depends on the Capital Markets industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Sphere 3D's current EV-to-OCF is -0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sphere 3D stock overvalued right now?
Based on GuruFocus' analysis, Sphere 3D (ANY) is currently considered Possible Value Trap. The stock's GF Value™ is $3.04, compared to a current price of $2.05 — trading 32.6% below its estimated fair value. The current EV-to-OCF is -0.79. Sphere 3D's overall GF Score™ is 56/100 with 4 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 Sphere 3D (ANY), the current EV-to-OCF is -0.79 as of Aug. 11, 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 Sphere 3D (ANY) Overvalued in 2026?

Based on GuruFocus' analysis, Sphere 3D stock appears to be undervalued. The current stock price of $2.05 is trading 32.6% below its estimated GF Value™ of $3.04. GuruFocus considers Sphere 3D to be Possible Value Trap.

Key valuation signals for ANY:

  • EV-to-OCF: -0.79
  • GF Value™: $3.04 vs. price of $2.05 (32.6% below fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Sphere 3D Business Description

Other Exchanges 8S30:Germany
Address 243 Tresser Boulevard, 17th Floor, Stamford, CT, USA, 06901
Sphere 3D Corp is engaged in the Bitcoin mining business. The company has established an enterprise-scale mining operation through the procurement of mining equipment and partnering with experienced service providers. It generates revenue from mining and selling Bitcoin.
56GF Score

Get the complete analysis for ANY

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

$2.05
Price
$3.04
GF Value