FGNV (Forge Innovation Development) EV-to-OCF: 2.11 (As of Sep. 21, 2026)

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What is Forge Innovation Development EV-to-OCF?

Forge Innovation Development FGNV -89.00% EV-to-OCF is 2.11 as of Sep. 21, 2026. The stock has 3 warning signs investors should review. Among 1,796 Real Estate companies, Forge Innovation Development ranks better than 60.58% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Forge Innovation Development's Enterprise Value is $0.09 Mil. Forge Innovation Development's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was $0.04 Mil. Therefore, Forge Innovation Development's EV-to-OCF for today is 2.11.

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

FGNV' s EV-to-OCF Range Over the Past 10 Years
Min: -5631.51   Med: -173.76   Max: 107.81
Current: 2.12

During the past 9 years, the highest EV-to-OCF of Forge Innovation Development was 107.81. The lowest was -5631.51. And the median was -173.76.

FGNV's EV-to-OCF is ranked better than
60.58% of 1796 companies
in the Real Estate industry
Industry Median: 7.465 vs FGNV: 2.12

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 (2026-09-21), Forge Innovation Development's stock price is $0.0011. Forge Innovation Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was $-0.021. Therefore, Forge Innovation Development's PE Ratio (TTM) for today is At Loss.


Forge Innovation Development  (OTCPK:FGNV) 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.

Forge Innovation Development's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.0011/-0.021
=At Loss

Forge Innovation Development's share price for today is $0.0011.
Forge Innovation Development's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.021.

* 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.


Forge Innovation Development EV-to-OCF Related Terms


Forge Innovation Development EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Forge Innovation Development'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.

Forge Innovation Development EV-to-OCF Chart

Forge Innovation Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only -159.01 -339.16 -1,702.95 -197.93 -254.04

Forge Innovation Development Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -147.03 -254.04 -90.63 105.89 56.89

FGNV vs AOXY, CBRE, BEKE: EV-to-OCF Comparison

For the Real Estate Services subindustry, Forge Innovation Development'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.


Forge Innovation Development EV-to-OCF vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's EV-to-OCF distribution charts can be found below:

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



Forge Innovation Development EV-to-OCF Calculation

Forge Innovation Development's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=0.091/0.043145
=2.11

Forge Innovation Development's current Enterprise Value is $0.09 Mil.
Forge Innovation Development's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.04 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 2.11 mean?
Forge Innovation Development (FGNV) has a EV-to-OCF of 2.11 as of Sep. 21, 2026. According to the industry distribution chart, Forge Innovation Development ranks #708 out of 1796 companies in the Real Estate industry, placing it in the top 39.4%.
Is Forge Innovation Development's EV-to-OCF too high?
Forge Innovation Development's current EV-to-OCF is 2.11. The Real Estate industry median EV-to-OCF is 7.47. Forge Innovation Development's value of 2.11 is 71.7% below this industry median. Based on the distribution chart, Forge Innovation Development ranks #708 out of 1796 companies in the Real Estate industry, which is above the industry midpoint.
How does Forge Innovation Development's EV-to-OCF compare to AOXY and CBRE?
According to the Real Estate industry distribution chart, Forge Innovation Development ranks #708 out of 1796 companies for EV-to-OCF. This puts Forge Innovation Development in the upper half of its industry. The industry median EV-to-OCF is 7.47. Forge Innovation Development's value of 2.11 is 71.7% below 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 Real Estate company?
The median EV-to-OCF among Real Estate companies is 7.47, based on 1,796 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. Forge Innovation Development's current EV-to-OCF of 2.11 is 71.7% below 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 Real Estate industry, the median EV-to-OCF is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forge Innovation Development's current EV-to-OCF is 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forge Innovation Development stock overvalued right now?
Based on GuruFocus' analysis, Forge Innovation Development (FGNV) is currently considered Possible Value Trap. The stock's GF Value™ is $2.51, compared to a current price of $0.00 — trading 100% below its estimated fair value. The current EV-to-OCF is 2.11 and 71.7% below the Real Estate industry median of 7.47. 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 Forge Innovation Development (FGNV), the current EV-to-OCF is 2.11 as of Sep. 21, 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.

Forge Innovation Development Business Description

Address 6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509
Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including the purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.