Cover (COVCF) EV-to-OCF: (As of Aug. 02, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

COVCF Cover Corp COVCF
58 GF Score
Price $9.48
GF Value $22.40
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Cover EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Cover's Enterprise Value is $481.3 Mil. Cover's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $0.0 Mil. Therefore, Cover's EV-to-OCF for today is .

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

COVCF' s EV-to-OCF Range Over the Past 10 Years
Min: 9.73   Med: 0   Max: 12.01
Current: 11.11

During the past 6 years, the highest EV-to-OCF of Cover was 12.01. The lowest was 9.73. And the median was .

COVCF's EV-to-OCF is ranked worse than
60.08% of 2878 companies
in the Software industry
Industry Median: 6.66 vs COVCF: 11.11

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 (2026-08-02), Cover's stock price is $9.48. Cover's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.302. Therefore, Cover's PE Ratio (TTM) for today is 31.39.


Cover  (OTCPK:COVCF) 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.

Cover's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.48/0.302
=31.39

Cover's share price for today is $9.48.
Cover's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.302.

* 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.


Cover EV-to-OCF Related Terms


Cover EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Cover'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.

Cover EV-to-OCF Chart

Cover Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial 0.00 15.34 28.54 27.60 9.95

Cover Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 27.60 0.00 0.00 0.00 9.95

COVCF vs QH, SHOP, UBER: EV-to-OCF Comparison

For the Software - Application subindustry, Cover'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.


Cover EV-to-OCF vs Software Industry

For the Software industry and Technology sector, Cover's EV-to-OCF distribution charts can be found below:

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


COVCF
58GF Score
Cover Corp COVCF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cover EV-to-OCF Calculation

Cover's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=481.253/0
=

Cover's current Enterprise Value is $481.3 Mil.
Cover's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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.

Is Cover (COVCF) Overvalued in 2026?

Based on GuruFocus' analysis, Cover stock appears to be undervalued. The current stock price of $9.48 is trading 57.7% below its estimated GF Value™ of $22.40. GuruFocus considers Cover to be Significantly Undervalued.

Key valuation signals for COVCF:

  • EV-to-OCF:
  • GF Value™: $22.40 vs. price of $9.48 (57.7% below fair value)
  • GF Score™: 58/100 with 3 warning signs

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


Cover Business Description

Other Exchanges 5253:JapanS89:Germany
Address Mita Garden Tower 15th floor, Sumitomo Fudosan Shiba No.3 Building B1, Minato-ku, Tokyo, JPN, 105-0014
Cover Corp operates as a platformer for two-dimensional entertainment. It is engaged in developing multifaceted businesses to accelerate 2D entertainment such as distribution system development, VTuber office management, and content development.
58GF Score

Get the complete analysis for COVCF

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

$9.48
Price
$22.40
GF Value