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FleetwoodASX:FWD +5.96%58 EV-to-OCF is 15.31 as of Jul. 19, 2026, which is 126% above its 10-year median of 6.78. GuruFocus rates ASX:FWD with a GF Score™ of 58/100 and a GF Value™ of A$2.17 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,788 Construction companies, Fleetwood ranks worse than 71.53% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fleetwood's Enterprise Value is A$206.1 Mil.
Fleetwood's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$13.5 Mil. Therefore, Fleetwood's EV-to-OCF for today is 15.31.
The historical rank and industry rank for Fleetwood's EV-to-OCF or its related term are showing as below:
ASX:FWD'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.67 Med: 6.78 Max: 36.18
Current: 15.31
During the past 13 years, the highest EV-to-OCF of Fleetwood was 36.18. The lowest was 1.67. And the median was 6.78.
ASX:FWD's EV-to-OCF is ranked worse than 71.53% of 1788
companies
in the Construction industry
Industry Median: 6.8
vs ASX:FWD: 15.31
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.
Fleetwood's share price for today is A$2.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fleetwood's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.191.
* 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.
Fleetwood EV-to-OCF Related Terms
Fleetwood EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fleetwood'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 Engineering & Construction subindustry, Fleetwood'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.
Fleetwood EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, Fleetwood's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fleetwood's EV-to-OCF falls into.
Fleetwood's current Enterprise Value is A$206.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fleetwood's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$13.5 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.
Fleetwood (ASX:FWD) has a EV-to-OCF of 15.31 as of Jul. 19, 2026. This is 126% above median its historical median of 6.78. Over the past decade, Fleetwood's EV-to-OCF has ranged from 1.67 to 36.18. According to the industry distribution chart, Fleetwood ranks #1279 out of 1788 companies in the Construction industry, placing it in the top 71.5%.
Is Fleetwood's EV-to-OCF too high?
Fleetwood's current EV-to-OCF of 15.31 is 126% above median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 1.67 to a high of 36.18. The Construction industry median EV-to-OCF is 6.80. Fleetwood's value of 15.31 is 125.1% above this industry median. Based on the distribution chart, Fleetwood ranks #1279 out of 1788 companies in the Construction industry, which is below the industry midpoint. Overall, Fleetwood has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fleetwood's EV-to-OCF compare to PWR and FIX?
According to the Construction industry distribution chart, Fleetwood ranks #1279 out of 1788 companies for EV-to-OCF. This places Fleetwood in the lower half of its industry. The industry median EV-to-OCF is 6.80. Fleetwood's value of 15.31 is 125.1% above this benchmark. Historically, Fleetwood's own EV-to-OCF has ranged from 1.67 to 36.18 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 6.80, Fleetwood 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 Construction company?
The median EV-to-OCF among Construction companies is 6.80, based on 1,788 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. Fleetwood's current EV-to-OCF of 15.31 is 125.1% 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 Construction industry, the median EV-to-OCF is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fleetwood's current EV-to-OCF is 15.31, which is 126% above median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fleetwood stock overvalued right now?
Based on GuruFocus' analysis, Fleetwood (ASX:FWD) is currently considered Fairly Valued. The stock's GF Value™ is A$2.17, compared to a current price of A$2.31 — trading 6.5% above its estimated fair value. The current EV-to-OCF is 15.31, which is 126% above median its 10-year median of 6.78 and 125.1% above the Construction industry median of 6.80. Fleetwood's overall GF Score™ is 58/100 with 3 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 Fleetwood (ASX:FWD), the current EV-to-OCF is 15.31 as of Jul. 19, 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 Fleetwood (ASX:FWD) Overvalued in 2026?
Based on GuruFocus' analysis, Fleetwood stock appears to be overvalued.
The current stock price of A$2.31 is trading 6.5% above its estimated GF Value™ of A$2.17.
GuruFocus considers Fleetwood to be Fairly Valued.
Key valuation signals for ASX:FWD:
EV-to-OCF: 15.31 (126% above median its 10-year median of 6.78)
GF Value™: A$2.17 vs. price of A$2.31 (6.5% above fair value)
Industry Position: 125.1% above the Construction median (#1279 of 1788)
No single metric tells the full story. See the ASX:FWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fleetwood Ltd is a modular construction company. The company works with government departments, owners, architects, and engineers to design and build custom modular buildings predominantly for the affordable housing, education, custodial, and mining industries. The operating business segments are RV Solutions, Building Solutions, and Community Solutions. It generates maximum revenue from the Building Solutions segment. Geographically, the company operates in Australia and New Zealand, with maximum revenue from Australia.
58GF Score
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