DLX (Deluxe) EV-to-OCF: 9.74 (As of Aug. 03, 2026) — 16% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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.

DLX Deluxe Corp DLX
65 GF Score
Price $27.05
GF Value $18.19
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Deluxe EV-to-OCF?

Deluxe DLX +4.54% 65 EV-to-OCF is 9.74 as of Aug. 03, 2026, which is 16% below its 10-year median of 11.66. GuruFocus rates DLX with a GF Score™ of 65/100 and a GF Value™ of $18.19 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 568 Conglomerates companies, Deluxe ranks worse than 54.4% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Deluxe's Enterprise Value is $2,658 Mil. Deluxe's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $273 Mil. Therefore, Deluxe's EV-to-OCF for today is 9.74.

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

DLX' s EV-to-OCF Range Over the Past 10 Years
Min: 5.65   Med: 11.66   Max: 19.57
Current: 9.74

During the past 13 years, the highest EV-to-OCF of Deluxe was 19.57. The lowest was 5.65. And the median was 11.66.

DLX's EV-to-OCF is ranked worse than
54.4% of 568 companies
in the Conglomerates industry
Industry Median: 8.47 vs DLX: 9.74

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 (2026-08-03), Deluxe's stock price is $27.045. Deluxe's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.340. Therefore, Deluxe's PE Ratio (TTM) for today is 11.56.


Deluxe  (NYSE:DLX) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.045/2.340
=11.56

Deluxe's share price for today is $27.045.
Deluxe'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 $2.340.

* 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.


Deluxe EV-to-OCF Related Terms


Deluxe EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Deluxe'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.

Deluxe EV-to-OCF Chart

Deluxe Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.63 12.53 12.76 13.03 9.05

Deluxe Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.22 9.65 10.26 9.05 9.81

DLX vs TTI, MATW, CODI: EV-to-OCF Comparison

For the Conglomerates subindustry, Deluxe'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.


Deluxe EV-to-OCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Deluxe's EV-to-OCF distribution charts can be found below:

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


DLX
65GF Score
Deluxe Corp DLX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Deluxe EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2657.731/273
=9.74

Deluxe's current Enterprise Value is $2,658 Mil.
Deluxe'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 $273 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 9.74 mean?
Deluxe (DLX) has a EV-to-OCF of 9.74 as of Aug. 03, 2026. This is 16% below median its historical median of 11.66. Over the past decade, Deluxe's EV-to-OCF has ranged from 5.65 to 19.57. According to the industry distribution chart, Deluxe ranks #309 out of 568 companies in the Conglomerates industry, placing it in the top 54.4%.
Is Deluxe's EV-to-OCF too high?
Deluxe's current EV-to-OCF of 9.74 is 16% below median its 10-year median of 11.66. Over the past 10 years, this metric has ranged from a low of 5.65 to a high of 19.57. The Conglomerates industry median EV-to-OCF is 8.47. Deluxe's value of 9.74 is 15% above this industry median. Based on the distribution chart, Deluxe ranks #309 out of 568 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Deluxe has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Deluxe's EV-to-OCF compare to TTI and MATW?
According to the Conglomerates industry distribution chart, Deluxe ranks #309 out of 568 companies for EV-to-OCF. This places Deluxe in the lower half of its industry. The industry median EV-to-OCF is 8.47. Deluxe's value of 9.74 is 15% above this benchmark. Historically, Deluxe's own EV-to-OCF has ranged from 5.65 to 19.57 over the past decade. While the company's 10-year median is 11.66 vs. the industry median of 8.47, Deluxe 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 Conglomerates company?
The median EV-to-OCF among Conglomerates companies is 8.47, based on 568 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. Deluxe's current EV-to-OCF of 9.74 is 15% 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 Conglomerates industry, the median EV-to-OCF is 8.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deluxe's current EV-to-OCF is 9.74, which is 16% below median its own 10-year median of 11.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deluxe stock overvalued right now?
Based on GuruFocus' analysis, Deluxe (DLX) is currently considered Significantly Overvalued. The stock's GF Value™ is $18.19, compared to a current price of $27.05 — trading 48.7% above its estimated fair value. The current EV-to-OCF is 9.74, which is 16% below median its 10-year median of 11.66 and 15% above the Conglomerates industry median of 8.47. Deluxe's overall GF Score™ is 65/100 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 Deluxe (DLX), the current EV-to-OCF is 9.74 as of Aug. 03, 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 Deluxe (DLX) Overvalued in 2026?

Based on GuruFocus' analysis, Deluxe stock appears to be overvalued. The current stock price of $27.05 is trading 48.7% above its estimated GF Value™ of $18.19. GuruFocus considers Deluxe to be Significantly Overvalued.

Key valuation signals for DLX:

  • EV-to-OCF: 9.74 (16% below median its 10-year median of 11.66)
  • GF Value™: $18.19 vs. price of $27.05 (48.7% above fair value)
  • GF Score™: 65/100 with 3 warning signs
  • Industry Position: 15% above the Conglomerates median (#309 of 568)

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


Deluxe Business Description

Other Exchanges DL8:Germany
Address 801 S. Marquette Avenue, Minneapolis, MN, USA, 55402-2807
Deluxe Corp is principally a payments and data company. Its reportable segments are: Merchant Services, B2B Payments, Data Solutions, and Print. Maximum revenue is derived from its Print segment, which provides printed personal and business checks, business essentials, as well as branded promotional, print, apparel, and digital storefront solutions. The Merchant Services segment provides electronic credit and debit card authorization, payment systems, and processing services. The B2B segment offers treasury management solutions, integrated accounts payable disbursements, and fraud and security services, and the Data Solutions segment offers data, analytics, and marketing services, as well as financial institution profitability reporting and business incorporation services.
65GF Score

Get the complete analysis for DLX

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

$27.05
Price
$18.19
GF Value