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FluenceASX:FLC +5.80% EV-to-OCF is 5.10 as of Aug. 08, 2026. The stock has 4 warning signs investors should review. Among 3,076 Industrial Products companies, Fluence ranks better than 64.76% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fluence's Enterprise Value is A$84.2 Mil.
Fluence's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$16.5 Mil. Therefore, Fluence's EV-to-OCF for today is 5.10.
The historical rank and industry rank for Fluence's EV-to-OCF or its related term are showing as below:
ASX:FLC'
s EV-to-OCF Range Over the Past 10 Years
Min: -21.87 Med: -2.39 Max: 6.73
Current: 5.44
During the past 13 years, the highest EV-to-OCF of Fluence was 6.73. The lowest was -21.87. And the median was -2.39.
ASX:FLC's EV-to-OCF is ranked better than 64.76% of 3076
companies
in the Industrial Products industry
Industry Median: 11.625
vs ASX:FLC: 5.44
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 (2026-08-08), Fluence's stock price is A$0.073.
Fluence's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.012. Therefore, Fluence's PE Ratio (TTM) for today is At Loss.
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.
Fluence's share price for today is A$0.073.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fluence's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.012.
* 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.
Fluence EV-to-OCF Related Terms
Fluence EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fluence'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 Pollution & Treatment Controls subindustry, Fluence'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.
Fluence EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fluence's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fluence's EV-to-OCF falls into.
Fluence's current Enterprise Value is A$84.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fluence's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$16.5 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.
Fluence (ASX:FLC) has a EV-to-OCF of 5.10 as of Aug. 08, 2026. According to the industry distribution chart, Fluence ranks #1084 out of 3076 companies in the Industrial Products industry, placing it in the top 35.2%.
Is Fluence's EV-to-OCF too high?
Fluence's current EV-to-OCF is 5.10. The Industrial Products industry median EV-to-OCF is 11.63. Fluence's value of 5.10 is 56.1% below this industry median. Based on the distribution chart, Fluence ranks #1084 out of 3076 companies in the Industrial Products industry, which is above the industry midpoint.
How does Fluence's EV-to-OCF compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Fluence ranks #1084 out of 3076 companies for EV-to-OCF. This puts Fluence in the upper half of its industry. The industry median EV-to-OCF is 11.63. Fluence's value of 5.10 is 56.1% below this benchmark. 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 an Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.63, based on 3,076 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. Fluence's current EV-to-OCF of 5.10 is 56.1% below 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 Industrial Products industry, the median EV-to-OCF is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fluence's current EV-to-OCF is 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fluence stock overvalued right now?
Based on GuruFocus' analysis, Fluence (ASX:FLC) is currently considered Fairly Valued. The stock's GF Value™ is A$0.08, compared to a current price of A$0.07 — trading 8.8% below its estimated fair value. The current EV-to-OCF is 5.10 and 56.1% below the Industrial Products industry median of 11.63. 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 Fluence (ASX:FLC), the current EV-to-OCF is 5.10 as of Aug. 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.
Fluence Corp Ltd operates in wastewater treatment and reuse, high-strength wastewater treatment, wastewater-to-energy, industrial and drinking water markets, with its pre-engineered, standardized Smart Products Solutions (SPS), including Aspiral, NIROBOX, SUBRE, and Nitro. In addition, Fluence offers ongoing operation and maintenance support, Build Own Operate (BOO), and other recurring revenue solutions. Its operating segments are: Municipal Water and Wastewater, Industrial Wastewater & Biogas, Industrial Water & Reuse, Southeast Asia and China, RR, and IVC. Maximum revenue is generated from the IVC segment, which includes the Ivory Coast Main Works and the Ivory Coast Addendum projects. Geographically, the company focuses on high-growth markets including North America and Southeast Asia.
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