ASICS (ASCCF) EV-to-OCF: 33.78 (As of Jul. 17, 2026) — Near 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.

ASCCF ASICS Corp ASCCF
88 GF Score
Price $30.38
GF Value $26.75
Valuation Modestly Overvalued
! 1 Warning Sign
View Full Analysis

What is ASICS EV-to-OCF?

ASICS ASCCF 88 EV-to-OCF is 33.78 as of Jul. 17, 2026, which is 1% below its 10-year median of 33.97. GuruFocus rates ASCCF with a GF Score™ of 88/100 and a GF Value™ of $26.75 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 1,064 Manufacturing - Apparel & Accessories companies, ASICS ranks worse than 86% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, ASICS's Enterprise Value is $21,907 Mil. ASICS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $649 Mil. Therefore, ASICS's EV-to-OCF for today is 33.78.

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

ASCCF' s EV-to-OCF Range Over the Past 10 Years
Min: 24.08   Med: 33.97   Max: 766.65
Current: 33.41

During the past 13 years, the highest EV-to-OCF of ASICS was 766.65. The lowest was 24.08. And the median was 33.97.

ASCCF's EV-to-OCF is ranked worse than
86% of 1064 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 6.94 vs ASCCF: 33.41

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 (2026-07-17), ASICS's stock price is $30.38. ASICS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.036. Therefore, ASICS's PE Ratio (TTM) for today is 29.32.


ASICS  (OTCPK:ASCCF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=30.38/1.036
=29.32

ASICS's share price for today is $30.38.
ASICS'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 $1.036.

* 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.


ASICS EV-to-OCF Related Terms


ASICS EV-to-OCF Historical Data

* Premium members only.

The historical data trend for ASICS'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.

ASICS EV-to-OCF Chart

ASICS 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 9.79 -28.38 9.21 21.20 24.10

ASICS 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 652.92 56.56 31.58 24.10 31.08

ASCCF vs NKE, DECK, ONON: EV-to-OCF Comparison

For the Footwear & Accessories subindustry, ASICS'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.


ASICS EV-to-OCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, ASICS's EV-to-OCF distribution charts can be found below:

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


ASCCF
88GF Score
ASICS Corp ASCCF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ASICS EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=21906.610/648.598
=33.78

ASICS's current Enterprise Value is $21,907 Mil.
ASICS'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 $649 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 33.78 mean?
ASICS (ASCCF) has a EV-to-OCF of 33.78 as of Jul. 17, 2026. This is near median its historical median of 33.97. Over the past decade, ASICS's EV-to-OCF has ranged from 24.08 to 766.65. According to the industry distribution chart, ASICS ranks #915 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 86%.
Is ASICS's EV-to-OCF too high?
ASICS's current EV-to-OCF of 33.78 is near median its 10-year median of 33.97. Over the past 10 years, this metric has ranged from a low of 24.08 to a high of 766.65. The Manufacturing - Apparel & Accessories industry median EV-to-OCF is 6.94. ASICS's value of 33.78 is 386.7% above this industry median. Based on the distribution chart, ASICS ranks #915 out of 1064 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, ASICS has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASICS's EV-to-OCF compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, ASICS ranks #915 out of 1064 companies for EV-to-OCF. This places ASICS in the lower half of its industry. The industry median EV-to-OCF is 6.94. ASICS's value of 33.78 is 386.7% above this benchmark. Historically, ASICS's own EV-to-OCF has ranged from 24.08 to 766.65 over the past decade. While the company's 10-year median is 33.97 vs. the industry median of 6.94, ASICS 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 Manufacturing - Apparel & Accessories company?
The median EV-to-OCF among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,064 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. ASICS's current EV-to-OCF of 33.78 is 386.7% 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 Manufacturing - Apparel & Accessories industry, the median EV-to-OCF is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASICS's current EV-to-OCF is 33.78, which is near median its own 10-year median of 33.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASICS stock overvalued right now?
Based on GuruFocus' analysis, ASICS (ASCCF) is currently considered Modestly Overvalued. The stock's GF Value™ is $26.75, compared to a current price of $30.38 — trading 13.6% above its estimated fair value. The current EV-to-OCF is 33.78, which is near median its 10-year median of 33.97 and 386.7% above the Manufacturing - Apparel & Accessories industry median of 6.94. ASICS's overall GF Score™ is 88/100 with 1 warning sign 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 ASICS (ASCCF), the current EV-to-OCF is 33.78 as of Jul. 17, 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 ASICS (ASCCF) Overvalued in 2026?

Based on GuruFocus' analysis, ASICS stock appears to be overvalued. The current stock price of $30.38 is trading 13.6% above its estimated GF Value™ of $26.75. GuruFocus considers ASICS to be Modestly Overvalued.

Key valuation signals for ASCCF:

  • EV-to-OCF: 33.78 (near median its 10-year median of 33.97)
  • GF Value™: $26.75 vs. price of $30.38 (13.6% above fair value)
  • GF Score™: 88/100 with 1 warning sign
  • Industry Position: 386.7% above the Manufacturing - Apparel & Accessories median (#915 of 1064)

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


ASICS Business Description

Address 1-2-4 Sannomiyacho, Yamato Kobe Building, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 650-0021
Founded in 1949 in Kobe, Japan, Asics is a leading sports footwear brand specializing in performance running shoes. Asics is well-known for its stability running shoe Gel-Kayano, which has been popular among runners for over 30 years thanks to its cushioning technology. It also owns Onitsuka Tiger, which is currently positioned as a premium sportswear lifestyle brand. In 2025, Asics had annual sales of over JPY 810 billion and command over 10% of the global performance running market share.
88GF Score

Get the complete analysis for ASCCF

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

$30.38
Price
$26.75
GF Value