CNM (Core & Main) EV-to-OCF: 14.87 (As of Sep. 10, 2026) — 18% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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CNM Core & Main Inc CNM
87 GF Score
Price $40.85
GF Value $55.37
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Core & Main EV-to-OCF?

Core & Main CNM -1.80% 87 EV-to-OCF is 14.87 as of Sep. 10, 2026, which is 18% below its 10-year median of 18.05. GuruFocus rates CNM with a GF Score™ of 87/100 and a GF Value™ of $55.37 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 162 Industrial Distribution companies, Core & Main ranks worse than 61.73% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Core & Main's Enterprise Value is $10,158 Mil. Core & Main's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 was $683 Mil. Therefore, Core & Main's EV-to-OCF for today is 14.87.

The historical rank and industry rank for Core & Main's EV-to-OCF or its related term are showing as below:

CNM' s EV-to-OCF Range Over the Past 10 Years
Min: -1545.79   Med: 18.05   Max: 1057.34
Current: 14.87

During the past 8 years, the highest EV-to-OCF of Core & Main was 1057.34. The lowest was -1545.79. And the median was 18.05.

CNM's EV-to-OCF is ranked worse than
61.73% of 162 companies
in the Industrial Distribution industry
Industry Median: 9.005 vs CNM: 14.87

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 (2026-09-10), Core & Main's stock price is $40.85. Core & Main's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 was $2.430. Therefore, Core & Main's PE Ratio (TTM) for today is 16.81.


Core & Main  (NYSE:CNM) EV-to-OCF Explanation

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.

Core & Main's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=40.85/2.430
=16.81

Core & Main's share price for today is $40.85.
Core & Main's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.430.

* 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.


Core & Main EV-to-OCF Related Terms


Core & Main EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Core & Main'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.

Core & Main EV-to-OCF Chart

Core & Main Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-OCF
Get a 7-Day Free Trial -198.61 14.80 9.41 21.40 19.03

Core & Main Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.27 19.97 19.03 18.06 15.73

CNM vs POOL, MSM, XMTR: EV-to-OCF Comparison

For the Industrial Distribution subindustry, Core & Main'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.


Core & Main EV-to-OCF vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Core & Main's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Core & Main's EV-to-OCF falls into.


CNM
87GF Score
Core & Main Inc CNM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Core & Main EV-to-OCF Calculation

Core & Main's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10157.826/683
=14.87

Core & Main's current Enterprise Value is $10,158 Mil.
Core & Main's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $683 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 14.87 mean?
Core & Main (CNM) has a EV-to-OCF of 14.87 as of Sep. 10, 2026. This is 18% below median its historical median of 18.05. According to the industry distribution chart, Core & Main ranks #100 out of 162 companies in the Industrial Distribution industry, placing it in the top 61.7%.
Is Core & Main's EV-to-OCF too high?
Core & Main's current EV-to-OCF of 14.87 is 18% below median its 10-year median of 18.05. The Industrial Distribution industry median EV-to-OCF is 9.01. Core & Main's value of 14.87 is 65.1% above this industry median. Based on the distribution chart, Core & Main ranks #100 out of 162 companies in the Industrial Distribution industry, which is below the industry midpoint. Overall, Core & Main has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Core & Main's EV-to-OCF compare to POOL and MSM?
According to the Industrial Distribution industry distribution chart, Core & Main ranks #100 out of 162 companies for EV-to-OCF. This places Core & Main in the lower half of its industry. The industry median EV-to-OCF is 9.01. Core & Main's value of 14.87 is 65.1% above this benchmark. While the company's 10-year median is 18.05 vs. the industry median of 9.01, Core & Main 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 an Industrial Distribution company?
The median EV-to-OCF among Industrial Distribution companies is 9.01, based on 162 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. Core & Main's current EV-to-OCF of 14.87 is 65.1% 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 Industrial Distribution industry, the median EV-to-OCF is 9.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Core & Main's current EV-to-OCF is 14.87, which is 18% below median its own 10-year median of 18.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Core & Main stock overvalued right now?
Based on GuruFocus' analysis, Core & Main (CNM) is currently considered Modestly Undervalued. The stock's GF Value™ is $55.37, compared to a current price of $40.85 — trading 26.2% below its estimated fair value. The current EV-to-OCF is 14.87, which is 18% below median its 10-year median of 18.05 and 65.1% above the Industrial Distribution industry median of 9.01. Core & Main's overall GF Score™ is 87/100 with 2 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 Core & Main (CNM), the current EV-to-OCF is 14.87 as of Sep. 10, 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 Core & Main (CNM) Overvalued in 2026?

Based on GuruFocus' analysis, Core & Main stock appears to be undervalued. The current stock price of $40.85 is trading 26.2% below its estimated GF Value™ of $55.37. GuruFocus considers Core & Main to be Modestly Undervalued.

Key valuation signals for CNM:

  • EV-to-OCF: 14.87 (18% below median its 10-year median of 18.05)
  • GF Value™: $55.37 vs. price of $40.85 (26.2% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 65.1% above the Industrial Distribution median (#100 of 162)

No single metric tells the full story. See the CNM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Core & Main Business Description

Address 1830 Craig Park Court, Saint Louis, MO, USA, 63146
Core & Main is a leading specialty distributor with a focus on water, wastewater, storm drainage, and fire protection products. The company provides solutions to municipalities, private water companies, and professional contractors across municipal, nonresidential, and residential end markets. The company's specialty products and services are used in the maintenance, repair, replacement, and construction of water and fire protection infrastructure.
87GF Score

Get the complete analysis for CNM

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.85
Price
$55.37
GF Value