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Keysight TechnologiesFRA:1KT +2.52%84 EV-to-OCF is 36.31 as of Sep. 21, 2026, which is 59% above its 10-year median of 22.87. GuruFocus rates FRA:1KT with a GF Score™ of 84/100 and a GF Value™ of €189.55 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,495 Hardware companies, Keysight Technologies ranks worse than 78.72% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Keysight Technologies's Enterprise Value is €49,822 Mil.
Keysight Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jul. 2026 was €1,372 Mil. Therefore, Keysight Technologies's EV-to-OCF for today is 36.31.
The historical rank and industry rank for Keysight Technologies's EV-to-OCF or its related term are showing as below:
FRA:1KT'
s EV-to-OCF Range Over the Past 10 Years
Min: 13.77 Med: 22.87 Max: 42.49
Current: 36.03
During the past 13 years, the highest EV-to-OCF of Keysight Technologies was 42.49. The lowest was 13.77. And the median was 22.87.
FRA:1KT's EV-to-OCF is ranked worse than 78.72% of 2495
companies
in the Hardware industry
Industry Median: 7.82
vs FRA:1KT: 36.03
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.
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.
Keysight Technologies's PE Ratio (TTM) for today is calculated as:
Keysight Technologies's share price for today is €288.60.
Keysight Technologies'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 €6.241.
* 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.
* 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 Scientific & Technical Instruments subindustry, Keysight Technologies'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.
Keysight Technologies EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Keysight Technologies's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Keysight Technologies's EV-to-OCF falls into.
Keysight Technologies's current Enterprise Value is €49,822 Mil.
Keysight Technologies'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 €1,372 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.
Keysight Technologies (FRA:1KT) has a EV-to-OCF of 36.31 as of Sep. 21, 2026. This is 59% above median its historical median of 22.87. Over the past decade, Keysight Technologies' EV-to-OCF has ranged from 13.77 to 42.49. According to the industry distribution chart, Keysight Technologies ranks #1964 out of 2495 companies in the Hardware industry, placing it in the top 78.7%.
Is Keysight Technologies' EV-to-OCF too high?
Keysight Technologies' current EV-to-OCF of 36.31 is 59% above median its 10-year median of 22.87. Over the past 10 years, this metric has ranged from a low of 13.77 to a high of 42.49. The Hardware industry median EV-to-OCF is 7.82. Keysight Technologies' value of 36.31 is 364.3% above this industry median. Based on the distribution chart, Keysight Technologies ranks #1964 out of 2495 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Keysight Technologies has a GF Score™ of 84/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Keysight Technologies' EV-to-OCF compare to COHR and GRMN?
According to the Hardware industry distribution chart, Keysight Technologies ranks #1964 out of 2495 companies for EV-to-OCF. This places Keysight Technologies in the lower half of its industry. The industry median EV-to-OCF is 7.82. Keysight Technologies' value of 36.31 is 364.3% above this benchmark. Historically, Keysight Technologies' own EV-to-OCF has ranged from 13.77 to 42.49 over the past decade. While the company's 10-year median is 22.87 vs. the industry median of 7.82, Keysight Technologies 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 Hardware company?
The median EV-to-OCF among Hardware companies is 7.82, based on 2,495 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. Keysight Technologies's current EV-to-OCF of 36.31 is 364.3% 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 Hardware industry, the median EV-to-OCF is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Keysight Technologies's current EV-to-OCF is 36.31, which is 59% above median its own 10-year median of 22.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keysight Technologies stock overvalued right now?
Based on GuruFocus' analysis, Keysight Technologies (FRA:1KT) is currently considered Significantly Overvalued. The stock's GF Value™ is €189.55, compared to a current price of €288.60 — trading 52.3% above its estimated fair value. The current EV-to-OCF is 36.31, which is 59% above median its 10-year median of 22.87 and 364.3% above the Hardware industry median of 7.82. Keysight Technologies' overall GF Score™ is 84/100 with 4 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 Keysight Technologies (FRA:1KT), the current EV-to-OCF is 36.31 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.
Is Keysight Technologies (FRA:1KT) Overvalued in 2026?
Based on GuruFocus' analysis, Keysight Technologies stock appears to be overvalued.
The current stock price of €288.60 is trading 52.3% above its estimated GF Value™ of €189.55.
GuruFocus considers Keysight Technologies to be Significantly Overvalued.
Key valuation signals for FRA:1KT:
EV-to-OCF: 36.31 (59% above median its 10-year median of 22.87)
GF Value™: €189.55 vs. price of €288.60 (52.3% above fair value)
Industry Position: 364.3% above the Hardware median (#1964 of 2495)
No single metric tells the full story. See the FRA:1KT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keysight Technologies is a leader in the field of testing and measurement, helping electronics OEMs and suppliers alike bring products to market to fit industry standards and specifications. Keysight specializes in the communications market, but also supplies into the government, automotive, industrial, and semiconductor manufacturing markets. Keysight's solutions include testing tools, analytical software, and services. The firm's stated objective is to reduce time to market and improve efficiency at its more than 30,000 customers.
84GF Score
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