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.
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.
NSEFRA:7YM -0.23%72 EV-to-OCF is 20.09 as of Sep. 15, 2026, which is 49% above its 10-year median of 13.52. GuruFocus rates FRA:7YM with a GF Score™ of 72/100 and a GF Value™ of €39.72 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,497 Hardware companies, NSE ranks worse than 69.24% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, NSE's Enterprise Value is €145.9 Mil.
NSE's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €7.3 Mil. Therefore, NSE's EV-to-OCF for today is 20.09.
The historical rank and industry rank for NSE's EV-to-OCF or its related term are showing as below:
FRA:7YM'
s EV-to-OCF Range Over the Past 10 Years
Min: -108.6 Med: 13.52 Max: 43.93
Current: 21
During the past 13 years, the highest EV-to-OCF of NSE was 43.93. The lowest was -108.60. And the median was 13.52.
FRA:7YM's EV-to-OCF is ranked worse than 69.24% of 2497
companies
in the Hardware industry
Industry Median: 7.7
vs FRA:7YM: 21.00
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 (2026-09-15), NSE's stock price is €43.20.
NSE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.619. Therefore, NSE's PE Ratio (TTM) for today is 26.68.
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.
NSE's share price for today is €43.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NSE's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €1.619.
* 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.
NSE EV-to-OCF Related Terms
NSE EV-to-OCF Historical Data
* Premium members only.
The historical data trend for NSE'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 Scientific & Technical Instruments subindustry, NSE'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.
NSE EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, NSE's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where NSE's EV-to-OCF falls into.
NSE's current Enterprise Value is €145.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. NSE's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €7.3 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.
NSE (FRA:7YM) has a EV-to-OCF of 20.09 as of Sep. 15, 2026. This is 49% above median its historical median of 13.52. According to the industry distribution chart, NSE ranks #1729 out of 2497 companies in the Hardware industry, placing it in the top 69.2%.
Is NSE's EV-to-OCF too high?
NSE's current EV-to-OCF of 20.09 is 49% above median its 10-year median of 13.52. The Hardware industry median EV-to-OCF is 7.70. NSE's value of 20.09 is 160.9% above this industry median. Based on the distribution chart, NSE ranks #1729 out of 2497 companies in the Hardware industry, which is below the industry midpoint. Overall, NSE has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NSE's EV-to-OCF compare to GRMN and COHR?
According to the Hardware industry distribution chart, NSE ranks #1729 out of 2497 companies for EV-to-OCF. This places NSE in the lower half of its industry. The industry median EV-to-OCF is 7.70. NSE's value of 20.09 is 160.9% above this benchmark. While the company's 10-year median is 13.52 vs. the industry median of 7.70, NSE 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 7.70, based on 2,497 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. NSE's current EV-to-OCF of 20.09 is 160.9% 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 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NSE's current EV-to-OCF is 20.09, which is 49% above median its own 10-year median of 13.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NSE stock overvalued right now?
Based on GuruFocus' analysis, NSE (FRA:7YM) is currently considered Fairly Valued. The stock's GF Value™ is €39.72, compared to a current price of €43.20 — trading 8.8% above its estimated fair value. The current EV-to-OCF is 20.09, which is 49% above median its 10-year median of 13.52 and 160.9% above the Hardware industry median of 7.70. NSE's overall GF Score™ is 72/100 with 6 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 NSE (FRA:7YM), the current EV-to-OCF is 20.09 as of Sep. 15, 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 NSE (FRA:7YM) Overvalued in 2026?
Based on GuruFocus' analysis, NSE stock appears to be overvalued.
The current stock price of €43.20 is trading 8.8% above its estimated GF Value™ of €39.72.
GuruFocus considers NSE to be Fairly Valued.
Key valuation signals for FRA:7YM:
EV-to-OCF: 20.09 (49% above median its 10-year median of 13.52)
GF Value™: €39.72 vs. price of €43.20 (8.8% above fair value)
Industry Position: 160.9% above the Hardware median (#1729 of 2497)
No single metric tells the full story. See the FRA:7YM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NSE SA is engaged in developing, designing, and selling integrated systems and support services in the defense, aerospace and electronics sectors. It offers onboard electronic and electromechanical navigation systems and equipment, Flight data monitoring and tracking, Intelligent geolocation systems.
72GF Score
Get the complete analysis for FRA:7YM
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:7YM has been successfully added to your 
