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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Applied Optoelectronics's Enterprise Value is €7,611.3 Mil.
Applied Optoelectronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €-110.6 Mil. Therefore, Applied Optoelectronics's EV-to-OCF for today is -68.80.
The historical rank and industry rank for Applied Optoelectronics's EV-to-OCF or its related term are showing as below:
FRA:A59'
s EV-to-OCF Range Over the Past 10 Years
Min: -6449.02 Med: -10.39 Max: 116.73
Current: -66.35
During the past 13 years, the highest EV-to-OCF of Applied Optoelectronics was 116.73. The lowest was -6449.02. And the median was -10.39.
FRA:A59's EV-to-OCF is ranked better than 91.82% of 2495
companies
in the Hardware industry
Industry Median: 7.82
vs FRA:A59: -66.35
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.
Applied Optoelectronics's PE Ratio (TTM) for today is calculated as:
Applied Optoelectronics's share price for today is €90.23.
Applied Optoelectronics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.668.
* 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 Communication Equipment subindustry, Applied Optoelectronics'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.
Applied Optoelectronics EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Applied Optoelectronics's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Applied Optoelectronics's EV-to-OCF falls into.
Applied Optoelectronics's current Enterprise Value is €7,611.3 Mil.
Applied Optoelectronics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-110.6 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.
Applied Optoelectronics (FRA:A59) has a EV-to-OCF of -68.80 as of Sep. 21, 2026. According to the industry distribution chart, Applied Optoelectronics ranks #204 out of 2495 companies in the Hardware industry, placing it in the top 8.2%.
Is Applied Optoelectronics' EV-to-OCF too high?
Applied Optoelectronics' current EV-to-OCF is -68.80. Based on the distribution chart, Applied Optoelectronics ranks #204 out of 2495 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Optoelectronics has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Optoelectronics' EV-to-OCF compare to VIAV and VSAT?
According to the Hardware industry distribution chart, Applied Optoelectronics ranks #204 out of 2495 companies for EV-to-OCF. This places Applied Optoelectronics in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.82. 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. 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. Applied Optoelectronics's current EV-to-OCF is -68.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Optoelectronics stock overvalued right now?
Based on GuruFocus' analysis, Applied Optoelectronics (FRA:A59) is currently considered Significantly Overvalued. The stock's GF Value™ is €21.40, compared to a current price of €90.23 — trading 321.6% above its estimated fair value. The current EV-to-OCF is -68.80. Applied Optoelectronics' overall GF Score™ is 61/100 with 7 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 Applied Optoelectronics (FRA:A59), the current EV-to-OCF is -68.80 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 Applied Optoelectronics (FRA:A59) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Optoelectronics stock appears to be overvalued.
The current stock price of €90.23 is trading 321.6% above its estimated GF Value™ of €21.40.
GuruFocus considers Applied Optoelectronics to be Significantly Overvalued.
Key valuation signals for FRA:A59:
EV-to-OCF: -68.80
GF Value™: €21.40 vs. price of €90.23 (321.6% above fair value)
No single metric tells the full story. See the FRA:A59 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Optoelectronics Inc is a provider of fiber-optic networking products, for four networking end-markets; internet data center, CATV, telecom, and FTTH. The Company designs and manufactures a wide range of optical communications products at varying levels of integration, from components, subassemblies, and modules to meet turn-key equipment. Through direct sales personnel, and manufacturing teams in the United States, China, and Taiwan, the company coordinates with customers to determine product design, qualifications, and performance. The Company has manufacturing and research and development facilities located in the U.S., Taiwan, and China.
61GF Score
Get the complete analysis for FRA:A59
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