Adherium (ASX:ADR) EV-to-OCF: -0.61 (As of Aug. 01, 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.

What is Adherium EV-to-OCF?

Adherium ASX:ADR +4.76% EV-to-OCF is -0.61 as of Aug. 01, 2026. The stock has 8 warning signs investors should review. Among 852 Medical Devices & Instruments companies, Adherium ranks better than 61.74% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Adherium's Enterprise Value is A$6.72 Mil. Adherium's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-10.94 Mil. Therefore, Adherium's EV-to-OCF for today is -0.61.

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

ASX:ADR' s EV-to-OCF Range Over the Past 10 Years
Min: -1.95   Med: -0.14   Max: 5.19
Current: -0.59

During the past 10 years, the highest EV-to-OCF of Adherium was 5.19. The lowest was -1.95. And the median was -0.14.

ASX:ADR's EV-to-OCF is ranked better than
61.74% of 852 companies
in the Medical Devices & Instruments industry
Industry Median: 7.985 vs ASX:ADR: -0.59

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 (2026-08-01), Adherium's stock price is A$0.11. Adherium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.133. Therefore, Adherium's PE Ratio (TTM) for today is At Loss.


Adherium  (ASX:ADR) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.11/-1.133
=At Loss

Adherium's share price for today is A$0.11.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adherium's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-1.133.

* 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.


Adherium EV-to-OCF Related Terms


Adherium EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Adherium'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.

Adherium EV-to-OCF Chart

Adherium Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.86 -1.07 -0.37 -0.66 -0.67

Adherium Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 -0.66 0.00 -0.67 0.00

ASX:ADR vs ABT, SYK, MDT: EV-to-OCF Comparison

For the Medical Devices subindustry, Adherium'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.


Adherium EV-to-OCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Adherium's EV-to-OCF distribution charts can be found below:

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



Adherium EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6.723/-10.937
=-0.61

Adherium's current Enterprise Value is A$6.72 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Adherium's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-10.94 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 -0.61 mean?
Adherium (ASX:ADR) has a EV-to-OCF of -0.61 as of Aug. 01, 2026. According to the industry distribution chart, Adherium ranks #326 out of 852 companies in the Medical Devices & Instruments industry, placing it in the top 38.3%.
Is Adherium's EV-to-OCF too high?
Adherium's current EV-to-OCF is -0.61. Based on the distribution chart, Adherium ranks #326 out of 852 companies in the Medical Devices & Instruments industry, which is above the industry midpoint.
How does Adherium's EV-to-OCF compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Adherium ranks #326 out of 852 companies for EV-to-OCF. This puts Adherium in the upper half of its industry. The industry median EV-to-OCF is 7.99. 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 Devices & Instruments company?
The median EV-to-OCF among Medical Devices & Instruments companies is 7.99, based on 852 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. 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 Devices & Instruments industry, the median EV-to-OCF is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adherium's current EV-to-OCF is -0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adherium stock overvalued right now?
Based on GuruFocus' analysis, Adherium (ASX:ADR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.34, compared to a current price of A$0.11 — trading 67.6% below its estimated fair value. The current EV-to-OCF is -0.61. 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 Adherium (ASX:ADR), the current EV-to-OCF is -0.61 as of Aug. 01, 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.

Adherium Business Description

Other Exchanges ADRMF:USA
Address 447 Collins Street, Level 5, Melbourne, VIC, AUS, 3000
Adherium Ltd is engaged in the development, manufacture, and supply of its Hailie digital health technologies that address sub-optimal medication use and improve health outcomes in chronic disease. It is an international Respiratory eHealth company focused on patient medication adherence, remote monitoring, and data management solutions for patients, payers, and providers. Its geographically segments include New Zealand and Australia, Europe, North America, and Asia. The majority of its revenue comes from Europe.