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EtherstackASX:ESK 39 EV-to-OCF is 15.22 as of Jul. 26, 2026, which is 0% above its 10-year median of 15.20. GuruFocus rates ASX:ESK with a GF Score™ of 39/100 and a GF Value™ of A$0.44 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,876 Software companies, Etherstack ranks worse than 72.22% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Etherstack's Enterprise Value is A$74.92 Mil.
Etherstack's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$4.92 Mil. Therefore, Etherstack's EV-to-OCF for today is 15.22.
The historical rank and industry rank for Etherstack's EV-to-OCF or its related term are showing as below:
ASX:ESK'
s EV-to-OCF Range Over the Past 10 Years
Min: -92.06 Med: 15.2 Max: 63.75
Current: 15.22
During the past 13 years, the highest EV-to-OCF of Etherstack was 63.75. The lowest was -92.06. And the median was 15.20.
ASX:ESK's EV-to-OCF is ranked worse than 72.22% of 2876
companies
in the Software industry
Industry Median: 6.695
vs ASX:ESK: 15.22
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.
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.
Etherstack's share price for today is A$0.52.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Etherstack's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.008.
* 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.
Etherstack EV-to-OCF Related Terms
Etherstack EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Etherstack'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.
For the Software - Application subindustry, Etherstack'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.
Etherstack EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Etherstack's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Etherstack's EV-to-OCF falls into.
Etherstack's current Enterprise Value is A$74.92 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Etherstack's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$4.92 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.
Etherstack (ASX:ESK) has a EV-to-OCF of 15.22 as of Jul. 26, 2026. This is near median its historical median of 15.20. According to the industry distribution chart, Etherstack ranks #2077 out of 2876 companies in the Software industry, placing it in the top 72.2%.
Is Etherstack's EV-to-OCF too high?
Etherstack's current EV-to-OCF of 15.22 is near median its 10-year median of 15.20. The Software industry median EV-to-OCF is 6.70. Etherstack's value of 15.22 is 127.3% above this industry median. Based on the distribution chart, Etherstack ranks #2077 out of 2876 companies in the Software industry, which is below the industry midpoint. Overall, Etherstack has a GF Score™ of 39/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Etherstack's EV-to-OCF compare to UBER and SHOP?
According to the Software industry distribution chart, Etherstack ranks #2077 out of 2876 companies for EV-to-OCF. This places Etherstack in the lower half of its industry. The industry median EV-to-OCF is 6.70. Etherstack's value of 15.22 is 127.3% above this benchmark. While the company's 10-year median is 15.20 vs. the industry median of 6.70, Etherstack 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 Software company?
The median EV-to-OCF among Software companies is 6.70, based on 2,876 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. Etherstack's current EV-to-OCF of 15.22 is 127.3% 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 Software industry, the median EV-to-OCF is 6.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Etherstack's current EV-to-OCF is 15.22, which is near median its own 10-year median of 15.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Etherstack stock overvalued right now?
Based on GuruFocus' analysis, Etherstack (ASX:ESK) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.44, compared to a current price of A$0.52 — trading 18.2% above its estimated fair value. The current EV-to-OCF is 15.22, which is near median its 10-year median of 15.20 and 127.3% above the Software industry median of 6.70. Etherstack's overall GF Score™ is 39/100 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 Etherstack (ASX:ESK), the current EV-to-OCF is 15.22 as of Jul. 26, 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 Etherstack (ASX:ESK) Overvalued in 2026?
Based on GuruFocus' analysis, Etherstack stock appears to be overvalued.
The current stock price of A$0.52 is trading 18.2% above its estimated GF Value™ of A$0.44.
GuruFocus considers Etherstack to be Modestly Overvalued.
Key valuation signals for ASX:ESK:
EV-to-OCF: 15.22 (near median its 10-year median of 15.20)
GF Value™: A$0.44 vs. price of A$0.52 (18.2% above fair value)
Industry Position: 127.3% above the Software median (#2077 of 2876)
No single metric tells the full story. See the ASX:ESK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Etherstack PLC specializes in wireless communications technology. It designs, develops, and deploys wireless communications software and products. The company develops software for use in transceivers, which enables the transceiver to communicate with a radio network and other transceivers. In addition, it also licenses its software and designs to companies that manufacture telecommunication equipment for government, public safety agencies, and utilities. Geographically, the firm operates through the region of the United Kingdom, the United States, Japan, Australia, South Korea, and Canada.
39GF Score
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