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DexComDXCM +1.50%94 EV-to-OCF is 14.91 as of Jul. 26, 2026, which is 80% below its 10-year median of 73.85. GuruFocus rates DXCM with a GF Score™ of 94/100 and a GF Value™ of $104.74 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 853 Medical Devices & Instruments companies, DexCom ranks worse than 67.17% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, DexCom's Enterprise Value is $26,575 Mil.
DexCom's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,783 Mil. Therefore, DexCom's EV-to-OCF for today is 14.91.
The historical rank and industry rank for DexCom's EV-to-OCF or its related term are showing as below:
DXCM'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.81 Med: 73.85 Max: 157.66
Current: 14.91
During the past 13 years, the highest EV-to-OCF of DexCom was 157.66. The lowest was 12.81. And the median was 73.85.
DXCM's EV-to-OCF is ranked worse than 67.17% of 853
companies
in the Medical Devices & Instruments industry
Industry Median: 7.78
vs DXCM: 14.91
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 (2026-07-26), DexCom's stock price is $71.54.
DexCom's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $2.340. Therefore, DexCom's PE Ratio (TTM) for today is 30.57.
DexCom (NAS:DXCM) 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.
DexCom's share price for today is $71.54.
DexCom'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.
DexCom EV-to-OCF Related Terms
DexCom EV-to-OCF Historical Data
* Premium members only.
The historical data trend for DexCom'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 Medical Devices subindustry, DexCom'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.
DexCom EV-to-OCF vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, DexCom's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where DexCom's EV-to-OCF falls into.
DexCom's current Enterprise Value is $26,575 Mil.
DexCom'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 $1,783 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.
DexCom (DXCM) has a EV-to-OCF of 14.91 as of Jul. 26, 2026. This is 80% below median its historical median of 73.85. Over the past decade, DexCom's EV-to-OCF has ranged from 12.81 to 157.66. According to the industry distribution chart, DexCom ranks #573 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 67.2%.
Is DexCom's EV-to-OCF too high?
DexCom's current EV-to-OCF of 14.91 is 80% below median its 10-year median of 73.85. Over the past 10 years, this metric has ranged from a low of 12.81 to a high of 157.66. The Medical Devices & Instruments industry median EV-to-OCF is 7.78. DexCom's value of 14.91 is 91.6% above this industry median. Based on the distribution chart, DexCom ranks #573 out of 853 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, DexCom has a GF Score™ of 94/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does DexCom's EV-to-OCF compare to GEHC and STE?
According to the Medical Devices & Instruments industry distribution chart, DexCom ranks #573 out of 853 companies for EV-to-OCF. This places DexCom in the lower half of its industry. The industry median EV-to-OCF is 7.78. DexCom's value of 14.91 is 91.6% above this benchmark. Historically, DexCom's own EV-to-OCF has ranged from 12.81 to 157.66 over the past decade. While the company's 10-year median is 73.85 vs. the industry median of 7.78, DexCom 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 Medical Devices & Instruments company?
The median EV-to-OCF among Medical Devices & Instruments companies is 7.78, based on 853 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. DexCom's current EV-to-OCF of 14.91 is 91.6% 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 Medical Devices & Instruments industry, the median EV-to-OCF is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DexCom's current EV-to-OCF is 14.91, which is 80% below median its own 10-year median of 73.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DexCom stock overvalued right now?
Based on GuruFocus' analysis, DexCom (DXCM) is currently considered Significantly Undervalued. The stock's GF Value™ is $104.74, compared to a current price of $71.54 — trading 31.7% below its estimated fair value. The current EV-to-OCF is 14.91, which is 80% below median its 10-year median of 73.85 and 91.6% above the Medical Devices & Instruments industry median of 7.78. DexCom's overall GF Score™ is 94/100 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 DexCom (DXCM), the current EV-to-OCF is 14.91 as of Jul. 26, 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 DexCom (DXCM) Overvalued in 2026?
Based on GuruFocus' analysis, DexCom stock appears to be undervalued.
The current stock price of $71.54 is trading 31.7% below its estimated GF Value™ of $104.74.
GuruFocus considers DexCom to be Significantly Undervalued.
Key valuation signals for DXCM:
EV-to-OCF: 14.91 (80% below median its 10-year median of 73.85)
GF Value™: $104.74 vs. price of $71.54 (31.7% below fair value)
Industry Position: 91.6% above the Medical Devices & Instruments median (#573 of 853)
No single metric tells the full story. See the DXCM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DexCom designs and commercializes continuous glucose monitoring systems for diabetic patients. CGM systems serve as an alternative to the traditional blood glucose meter process, and the company is evolving its CGM systems to provide integration with insulin pumps from Insulet and Tandem for automatic insulin delivery. DexCom's CGMs are available through medical equipment distributors as well as retail pharmacies.
94GF Score
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