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FonixFRA:FOS +1.10%86 EV-to-OCF is 8.89 as of Jul. 22, 2026, which is 40% below its 10-year median of 14.75. GuruFocus rates FRA:FOS with a GF Score™ of 86/100 and a GF Value™ of €2.67 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,877 Software companies, Fonix ranks worse than 56.9% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fonix's Enterprise Value is €149.17 Mil.
Fonix's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €16.78 Mil. Therefore, Fonix's EV-to-OCF for today is 8.89.
The historical rank and industry rank for Fonix's EV-to-OCF or its related term are showing as below:
FRA:FOS'
s EV-to-OCF Range Over the Past 10 Years
Min: -21.52 Med: 14.75 Max: 37.28
Current: 8.59
During the past 8 years, the highest EV-to-OCF of Fonix was 37.28. The lowest was -21.52. And the median was 14.75.
FRA:FOS's EV-to-OCF is ranked worse than 56.9% of 2877
companies
in the Software industry
Industry Median: 6.65
vs FRA:FOS: 8.59
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 (2026-07-22), Fonix's stock price is €1.84.
Fonix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.130. Therefore, Fonix's PE Ratio (TTM) for today is 14.15.
Fonix (FRA:FOS) 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.
Fonix's share price for today is €1.84.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fonix's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was €0.130.
* 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.
Fonix EV-to-OCF Related Terms
Fonix EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fonix'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 Software - Infrastructure subindustry, Fonix'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.
Fonix EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Fonix's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fonix's EV-to-OCF falls into.
Fonix's current Enterprise Value is €149.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fonix's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was €16.78 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.
Fonix (FRA:FOS) has a EV-to-OCF of 8.89 as of Jul. 22, 2026. This is 40% below median its historical median of 14.75. According to the industry distribution chart, Fonix ranks #1637 out of 2877 companies in the Software industry, placing it in the top 56.9%.
Is Fonix's EV-to-OCF too high?
Fonix's current EV-to-OCF of 8.89 is 40% below median its 10-year median of 14.75. The Software industry median EV-to-OCF is 6.65. Fonix's value of 8.89 is 33.7% above this industry median. Based on the distribution chart, Fonix ranks #1637 out of 2877 companies in the Software industry, which is below the industry midpoint. Overall, Fonix has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fonix's EV-to-OCF compare to MSFT and ORCL?
According to the Software industry distribution chart, Fonix ranks #1637 out of 2877 companies for EV-to-OCF. This places Fonix in the lower half of its industry. The industry median EV-to-OCF is 6.65. Fonix's value of 8.89 is 33.7% above this benchmark. While the company's 10-year median is 14.75 vs. the industry median of 6.65, Fonix 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 Software company?
The median EV-to-OCF among Software companies is 6.65, based on 2,877 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. Fonix's current EV-to-OCF of 8.89 is 33.7% 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 Software industry, the median EV-to-OCF is 6.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fonix's current EV-to-OCF is 8.89, which is 40% below median its own 10-year median of 14.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fonix stock overvalued right now?
Based on GuruFocus' analysis, Fonix (FRA:FOS) is currently considered Significantly Undervalued. The stock's GF Value™ is €2.67, compared to a current price of €1.84 — trading 31.1% below its estimated fair value. The current EV-to-OCF is 8.89, which is 40% below median its 10-year median of 14.75 and 33.7% above the Software industry median of 6.65. Fonix's overall GF Score™ is 86/100 with 2 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 Fonix (FRA:FOS), the current EV-to-OCF is 8.89 as of Jul. 22, 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 Fonix (FRA:FOS) Overvalued in 2026?
Based on GuruFocus' analysis, Fonix stock appears to be undervalued.
The current stock price of €1.84 is trading 31.1% below its estimated GF Value™ of €2.67.
GuruFocus considers Fonix to be Significantly Undervalued.
Key valuation signals for FRA:FOS:
EV-to-OCF: 8.89 (40% below median its 10-year median of 14.75)
GF Value™: €2.67 vs. price of €1.84 (31.1% below fair value)
Industry Position: 33.7% above the Software median (#1637 of 2877)
No single metric tells the full story. See the FRA:FOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fonix PLC is a provider of mobile payments and customer engagement solutions for businesses across media, charity, gaming, e-mobility, and other digital services. This technology enables consumers to pay and interact directly through their mobile devices using simple, familiar channels. It operates under one operating segment, which is the facilitating of mobile payments and messaging. It derives the majority of its revenue through commission or facilitation fees by providing Mobile Payments services. Geographically, it derives maximum revenue from the United Kingdom and the rest from other parts of Europe.
86GF Score
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