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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, AVAX's Enterprise Value is €792.5 Mil.
AVAX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €48.3 Mil. Therefore, AVAX's EV-to-OCF for today is 16.42.
The historical rank and industry rank for AVAX's EV-to-OCF or its related term are showing as below:
ATH:AVAX'
s EV-to-OCF Range Over the Past 10 Years
Min: -32.48 Med: -10.22 Max: 43.46
Current: 16.42
During the past 12 years, the highest EV-to-OCF of AVAX was 43.46. The lowest was -32.48. And the median was -10.22.
ATH:AVAX's EV-to-OCF is ranked worse than 73.07% of 1790
companies
in the Construction industry
Industry Median: 7.02
vs ATH:AVAX: 16.42
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 (2026-08-09), AVAX's stock price is €3.51.
AVAX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.320. Therefore, AVAX's PE Ratio (TTM) for today is 10.97.
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.
AVAX's share price for today is €3.51.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AVAX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.320.
* 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.
AVAX EV-to-OCF Related Terms
AVAX EV-to-OCF Historical Data
* Premium members only.
The historical data trend for AVAX'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, AVAX'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.
AVAX EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, AVAX's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where AVAX's EV-to-OCF falls into.
AVAX's current Enterprise Value is €792.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. AVAX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €48.3 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.
AVAX (ATH:AVAX) has a EV-to-OCF of 16.42 as of Aug. 09, 2026. According to the industry distribution chart, AVAX ranks #1308 out of 1790 companies in the Construction industry, placing it in the top 73.1%.
Is AVAX's EV-to-OCF too high?
AVAX's current EV-to-OCF is 16.42. The Construction industry median EV-to-OCF is 7.02. AVAX's value of 16.42 is 133.9% above this industry median. Based on the distribution chart, AVAX ranks #1308 out of 1790 companies in the Construction industry, which is below the industry midpoint. Overall, AVAX has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AVAX's EV-to-OCF compare to PWR and FIX?
According to the Construction industry distribution chart, AVAX ranks #1308 out of 1790 companies for EV-to-OCF. This places AVAX in the lower half of its industry. The industry median EV-to-OCF is 7.02. AVAX's value of 16.42 is 133.9% above 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 a Construction company?
The median EV-to-OCF among Construction companies is 7.02, based on 1,790 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. AVAX's current EV-to-OCF of 16.42 is 133.9% 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 7.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AVAX's current EV-to-OCF is 16.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVAX stock overvalued right now?
Based on GuruFocus' analysis, AVAX (ATH:AVAX) is currently considered Fairly Valued. The stock's GF Value™ is €3.35, compared to a current price of €3.51 — trading 4.8% above its estimated fair value. The current EV-to-OCF is 16.42 and 133.9% above the Construction industry median of 7.02. AVAX's overall GF Score™ is 64/100 with 7 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 AVAX (ATH:AVAX), the current EV-to-OCF is 16.42 as of Aug. 09, 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 AVAX (ATH:AVAX) Overvalued in 2026?
Based on GuruFocus' analysis, AVAX stock appears to be overvalued.
The current stock price of €3.51 is trading 4.8% above its estimated GF Value™ of €3.35.
GuruFocus considers AVAX to be Fairly Valued.
Key valuation signals for ATH:AVAX:
EV-to-OCF: 16.42
GF Value™: €3.35 vs. price of €3.51 (4.8% above fair value)
Industry Position: 133.9% above the Construction median (#1308 of 1790)
No single metric tells the full story. See the ATH:AVAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AVAX SA operates as a construction company in Greece. The company operates through the following segments: The Construction segment develops buildings, warehouses, and shopping centers; The Concessions segment constructs highways, bridges, airports, and car parks; The Energy segment comprises of the construction TAP natural gas pipeline in Northern Greece; design and construction of power plants in Iraq; TheReal Estate segment covers estate development and other activities. It derives maximum revenue from the Construction segment.
64GF Score
Get the complete analysis for ATH:AVAX
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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