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NextdcASX:NXT +0.90%84 EV-to-OCF is 71.91 as of Aug. 04, 2026, which is 41% above its 10-year median of 50.92. GuruFocus rates ASX:NXT with a GF Score™ of 84/100 and a GF Value™ of A$15.53 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,878 Software companies, Nextdc ranks worse than 93.61% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nextdc's Enterprise Value is A$12,471.5 Mil.
Nextdc's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$173.4 Mil. Therefore, Nextdc's EV-to-OCF for today is 71.91.
The historical rank and industry rank for Nextdc's EV-to-OCF or its related term are showing as below:
ASX:NXT'
s EV-to-OCF Range Over the Past 10 Years
Min: 24.47 Med: 50.92 Max: 97.88
Current: 71.65
During the past 13 years, the highest EV-to-OCF of Nextdc was 97.88. The lowest was 24.47. And the median was 50.92.
ASX:NXT's EV-to-OCF is ranked worse than 93.61% of 2878
companies
in the Software industry
Industry Median: 6.66
vs ASX:NXT: 71.65
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 (2026-08-04), Nextdc's stock price is A$13.48.
Nextdc's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.087. Therefore, Nextdc'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.
Nextdc's share price for today is A$13.48.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nextdc's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.087.
* 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.
Nextdc EV-to-OCF Related Terms
Nextdc EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Nextdc'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 Information Technology Services subindustry, Nextdc'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.
Nextdc EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Nextdc's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nextdc's EV-to-OCF falls into.
Nextdc's current Enterprise Value is A$12,471.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nextdc's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$173.4 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.
Nextdc (ASX:NXT) has a EV-to-OCF of 71.91 as of Aug. 04, 2026. This is 41% above median its historical median of 50.92. Over the past decade, Nextdc's EV-to-OCF has ranged from 24.47 to 97.88. According to the industry distribution chart, Nextdc ranks #2694 out of 2878 companies in the Software industry, placing it in the top 93.6%.
Is Nextdc's EV-to-OCF too high?
Nextdc's current EV-to-OCF of 71.91 is 41% above median its 10-year median of 50.92. Over the past 10 years, this metric has ranged from a low of 24.47 to a high of 97.88. The Software industry median EV-to-OCF is 6.66. Nextdc's value of 71.91 is 979.7% above this industry median. Based on the distribution chart, Nextdc ranks #2694 out of 2878 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Nextdc has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nextdc's EV-to-OCF compare to IBM and ACN?
According to the Software industry distribution chart, Nextdc ranks #2694 out of 2878 companies for EV-to-OCF. This places Nextdc in the lower half of its industry. The industry median EV-to-OCF is 6.66. Nextdc's value of 71.91 is 979.7% above this benchmark. Historically, Nextdc's own EV-to-OCF has ranged from 24.47 to 97.88 over the past decade. While the company's 10-year median is 50.92 vs. the industry median of 6.66, Nextdc 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 6.66, based on 2,878 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. Nextdc's current EV-to-OCF of 71.91 is 979.7% 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 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nextdc's current EV-to-OCF is 71.91, which is 41% above median its own 10-year median of 50.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nextdc stock overvalued right now?
Based on GuruFocus' analysis, Nextdc (ASX:NXT) is currently considered Modestly Undervalued. The stock's GF Value™ is A$15.53, compared to a current price of A$13.48 — trading 13.2% below its estimated fair value. The current EV-to-OCF is 71.91, which is 41% above median its 10-year median of 50.92 and 979.7% above the Software industry median of 6.66. Nextdc's overall GF Score™ is 84/100 with 5 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 Nextdc (ASX:NXT), the current EV-to-OCF is 71.91 as of Aug. 04, 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 Nextdc (ASX:NXT) Overvalued in 2026?
Based on GuruFocus' analysis, Nextdc stock appears to be undervalued.
The current stock price of A$13.48 is trading 13.2% below its estimated GF Value™ of A$15.53.
GuruFocus considers Nextdc to be Modestly Undervalued.
Key valuation signals for ASX:NXT:
EV-to-OCF: 71.91 (41% above median its 10-year median of 50.92)
GF Value™: A$15.53 vs. price of A$13.48 (13.2% below fair value)
Industry Position: 979.7% above the Software median (#2694 of 2878)
No single metric tells the full story. See the ASX:NXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NextDC operates 17 data centers in Australian cities with a focus on co-location and interconnection between enterprises, global cloud, and ICT providers and telecommunication networks. It has another 2 data centers in Asia and 13 data centers in development or planning stage in Australia, Asia, and New Zealand. NextDC provides physical space, cooling, power, and security services and offers optional technical and project management support. The company's tenants store their servers within the data center and can connect to each other, to and between global public cloud providers and telecommunication network providers via physical and virtual connections. Co-location services allow enterprises to enhance security of data transmission and reduce latency.
84GF Score
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