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Manitou BFFRA:3MU -0.45%95 EV-to-OCF is 3.68 as of Sep. 13, 2026, which is 26% below its 10-year median of 4.97. GuruFocus rates FRA:3MU with a GF Score™ of 95/100 and a GF Value™ of €20.66 (Fairly Valued). The stock has 9 warning signs investors should review. Among 216 Farm & Heavy Construction Machinery companies, Manitou BF ranks better than 70.37% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Manitou BF's Enterprise Value is €1,112 Mil.
Manitou BF's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €302 Mil. Therefore, Manitou BF's EV-to-OCF for today is 3.68.
The historical rank and industry rank for Manitou BF's EV-to-OCF or its related term are showing as below:
FRA:3MU'
s EV-to-OCF Range Over the Past 10 Years
Min: -271.28 Med: 4.97 Max: 42.6
Current: 3.68
During the past 13 years, the highest EV-to-OCF of Manitou BF was 42.60. The lowest was -271.28. And the median was 4.97.
FRA:3MU's EV-to-OCF is ranked better than 70.37% of 216
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 10.485
vs FRA:3MU: 3.68
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.
Manitou BF's share price for today is €22.05.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manitou BF's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.790.
* 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.
Manitou BF EV-to-OCF Related Terms
Manitou BF EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Manitou BF'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 Farm & Heavy Construction Machinery subindustry, Manitou BF'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.
Manitou BF EV-to-OCF vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Manitou BF's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Manitou BF's EV-to-OCF falls into.
Manitou BF's current Enterprise Value is €1,112 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Manitou BF's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €302 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.
Manitou BF (FRA:3MU) has a EV-to-OCF of 3.68 as of Sep. 13, 2026. This is 26% below median its historical median of 4.97. According to the industry distribution chart, Manitou BF ranks #64 out of 216 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 29.6%.
Is Manitou BF's EV-to-OCF too high?
Manitou BF's current EV-to-OCF of 3.68 is 26% below median its 10-year median of 4.97. The Farm & Heavy Construction Machinery industry median EV-to-OCF is 10.49. Manitou BF's value of 3.68 is 64.9% below this industry median. Based on the distribution chart, Manitou BF ranks #64 out of 216 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Manitou BF has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Manitou BF's EV-to-OCF compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Manitou BF ranks #64 out of 216 companies for EV-to-OCF. This puts Manitou BF in the upper half of its industry. The industry median EV-to-OCF is 10.49. Manitou BF's value of 3.68 is 64.9% below this benchmark. While the company's 10-year median is 4.97 vs. the industry median of 10.49, Manitou BF has consistently been below 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 Farm & Heavy Construction Machinery company?
The median EV-to-OCF among Farm & Heavy Construction Machinery companies is 10.49, based on 216 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. Manitou BF's current EV-to-OCF of 3.68 is 64.9% 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 Farm & Heavy Construction Machinery industry, the median EV-to-OCF is 10.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manitou BF's current EV-to-OCF is 3.68, which is 26% below median its own 10-year median of 4.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manitou BF stock overvalued right now?
Based on GuruFocus' analysis, Manitou BF (FRA:3MU) is currently considered Fairly Valued. The stock's GF Value™ is €20.66, compared to a current price of €22.05 — trading 6.7% above its estimated fair value. The current EV-to-OCF is 3.68, which is 26% below median its 10-year median of 4.97 and 64.9% below the Farm & Heavy Construction Machinery industry median of 10.49. Manitou BF's overall GF Score™ is 95/100 with 9 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 Manitou BF (FRA:3MU), the current EV-to-OCF is 3.68 as of Sep. 13, 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 Manitou BF (FRA:3MU) Overvalued in 2026?
Based on GuruFocus' analysis, Manitou BF stock appears to be overvalued.
The current stock price of €22.05 is trading 6.7% above its estimated GF Value™ of €20.66.
GuruFocus considers Manitou BF to be Fairly Valued.
Key valuation signals for FRA:3MU:
EV-to-OCF: 3.68 (26% below median its 10-year median of 4.97)
GF Value™: €20.66 vs. price of €22.05 (6.7% above fair value)
Industry Position: 64.9% below the Farm & Heavy Construction Machinery median (#64 of 216)
No single metric tells the full story. See the FRA:3MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manitou BF SA is an industrial equipment manufacturer based in France. It is one of the companies in developing all-terrain material handling equipment meant for construction, agricultural and industrial usage. Manitou's product mix is comprised of fixed, rotating and heavyweight all-terrain telescopic forklift-trucks, semi-industrial and industrial all-terrain masted forklift-trucks, compact loaders, aerial work platforms for personnel and warehousing equipment. These products are marketed through well-known brands such as Manitou, Gehl, and Mustang available with dealers throughout the world. Most of its revenue is derived from sales in countries of Northern Europe.
95GF Score
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