CleanSpace Holdings (ASX:CSX) EV-to-OCF: -190.56 (As of Sep. 08, 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.

ASX:CSX CleanSpace Holdings Ltd ASX:CSX
39 GF Score
Price A$0.43
GF Value A$0.52
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is CleanSpace Holdings EV-to-OCF?

CleanSpace Holdings ASX:CSX -2.30% 39 EV-to-OCF is -190.56 as of Sep. 08, 2026. GuruFocus rates ASX:CSX with a GF Score™ of 39/100 and a GF Value™ of A$0.52 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 850 Medical Devices & Instruments companies, CleanSpace Holdings ranks better than 97.88% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, CleanSpace Holdings's Enterprise Value is A$27.06 Mil. CleanSpace Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was A$-0.14 Mil. Therefore, CleanSpace Holdings's EV-to-OCF for today is -190.56.

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

ASX:CSX' s EV-to-OCF Range Over the Past 10 Years
Min: -203.46   Med: -1.12   Max: 54.58
Current: -190.56

During the past 7 years, the highest EV-to-OCF of CleanSpace Holdings was 54.58. The lowest was -203.46. And the median was -1.12.

ASX:CSX's EV-to-OCF is ranked better than
97.88% of 850 companies
in the Medical Devices & Instruments industry
Industry Median: 8.045 vs ASX:CSX: -190.56

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 (2026-09-08), CleanSpace Holdings's stock price is A$0.425. CleanSpace Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$-0.015. Therefore, CleanSpace Holdings's PE Ratio (TTM) for today is At Loss.


CleanSpace Holdings  (ASX:CSX) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.425/-0.015
=At Loss

CleanSpace Holdings's share price for today is A$0.425.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CleanSpace Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$-0.015.

* 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.


CleanSpace Holdings EV-to-OCF Related Terms


CleanSpace Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for CleanSpace 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.

CleanSpace Holdings EV-to-OCF Chart

CleanSpace Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-OCF
Get a 7-Day Free Trial -2.83 -0.61 -7.54 31.29 -163.91

CleanSpace Holdings Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.54 0.00 31.29 0.00 -163.91

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

For the Medical Devices subindustry, CleanSpace 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.


CleanSpace Holdings EV-to-OCF vs Medical Devices & Instruments Industry

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

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


ASX:CSX
39GF Score
CleanSpace Holdings Ltd ASX:CSX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CleanSpace Holdings EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=27.060/-0.142
=-190.56

CleanSpace Holdings's current Enterprise Value is A$27.06 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. CleanSpace Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was A$-0.14 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 -190.56 mean?
CleanSpace Holdings (ASX:CSX) has a EV-to-OCF of -190.56 as of Sep. 08, 2026. According to the industry distribution chart, CleanSpace Holdings ranks #18 out of 850 companies in the Medical Devices & Instruments industry, placing it in the top 2.1%.
Is CleanSpace Holdings' EV-to-OCF too high?
CleanSpace Holdings' current EV-to-OCF is -190.56. Based on the distribution chart, CleanSpace Holdings ranks #18 out of 850 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, CleanSpace Holdings has a GF Score™ of 39/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CleanSpace Holdings' EV-to-OCF compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, CleanSpace Holdings ranks #18 out of 850 companies for EV-to-OCF. This places CleanSpace Holdings in the top 2% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 8.05. 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 8.05, based on 850 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 8.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CleanSpace Holdings's current EV-to-OCF is -190.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CleanSpace Holdings stock overvalued right now?
Based on GuruFocus' analysis, CleanSpace Holdings (ASX:CSX) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.52, compared to a current price of A$0.43 — trading 18.3% below its estimated fair value. The current EV-to-OCF is -190.56. CleanSpace Holdings' overall GF Score™ is 39/100 with 2 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 CleanSpace Holdings (ASX:CSX), the current EV-to-OCF is -190.56 as of Sep. 08, 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 CleanSpace Holdings (ASX:CSX) Overvalued in 2026?

Based on GuruFocus' analysis, CleanSpace Holdings stock appears to be undervalued. The current stock price of A$0.43 is trading 18.3% below its estimated GF Value™ of A$0.52. GuruFocus considers CleanSpace Holdings to be Modestly Undervalued.

Key valuation signals for ASX:CSX:

  • EV-to-OCF: -190.56
  • GF Value™: A$0.52 vs. price of A$0.43 (18.3% below fair value)
  • GF Score™: 39/100 with 2 warning signs

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


CleanSpace Holdings Business Description

Address Unit 5/39 Herbert Street, Saint Leonards, NSW, AUS, 2065
CleanSpace Holdings Ltd manufactures and sells respirators and related products and services. Its products include Compare, CleanSpace HALO, CleanSpace ULTRA, Masks, Filters, and Compatible Products. The company's operating segment is based on regions that include, Europe, Asia, and North America, and the majority of its revenue is generated from Europe.
39GF Score

Get the complete analysis for ASX:CSX

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

A$0.43
Price
A$0.52
GF Value