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Lincoln Electric HoldingsFRA:LNE 97 EV-to-OCF is 23.26 as of Sep. 08, 2026, which is 15% above its 10-year median of 20.30. GuruFocus rates FRA:LNE with a GF Score™ of 97/100 and a GF Value™ of €213.68. The stock has 4 warning signs investors should review. Among 3,084 Industrial Products companies, Lincoln Electric Holdings ranks worse than 68.22% on this metric.
The historical rank and industry rank for Lincoln Electric Holdings's EV-to-OCF or its related term are showing as below:
FRA:LNE'
s EV-to-OCF Range Over the Past 10 Years
Min: 11.28 Med: 20.3 Max: 29.55
Current: 23.23
During the past 13 years, the highest EV-to-OCF of Lincoln Electric Holdings was 29.55. The lowest was 11.28. And the median was 20.30.
FRA:LNE's EV-to-OCF is ranked worse than 68.22% of 3084
companies
in the Industrial Products industry
Industry Median: 11.345
vs FRA:LNE: 23.23
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.
Lincoln Electric Holdings (FRA:LNE) 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.
Lincoln Electric Holdings's PE Ratio (TTM) for today is calculated as:
Lincoln Electric Holdings's share price for today is €232.00.
Lincoln Electric Holdings'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 €8.612.
* 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.
Lincoln Electric Holdings EV-to-OCF Related Terms
Lincoln Electric Holdings EV-to-OCF Historical Data
* 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 Tools & Accessories subindustry, Lincoln Electric Holdings'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.
Lincoln Electric Holdings EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Lincoln Electric Holdings's EV-to-OCF falls into.
Lincoln Electric Holdings's current Enterprise Value is €13,754 Mil.
Lincoln Electric Holdings'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 €591 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.
Lincoln Electric Holdings (FRA:LNE) has a EV-to-OCF of 23.26 as of Sep. 08, 2026. This is 15% above median its historical median of 20.30. Over the past decade, Lincoln Electric Holdings' EV-to-OCF has ranged from 11.28 to 29.55. According to the industry distribution chart, Lincoln Electric Holdings ranks #2104 out of 3084 companies in the Industrial Products industry, placing it in the top 68.2%.
Is Lincoln Electric Holdings' EV-to-OCF too high?
Lincoln Electric Holdings' current EV-to-OCF of 23.26 is 15% above median its 10-year median of 20.30. Over the past 10 years, this metric has ranged from a low of 11.28 to a high of 29.55. The Industrial Products industry median EV-to-OCF is 11.35. Lincoln Electric Holdings' value of 23.26 is 105% above this industry median. Based on the distribution chart, Lincoln Electric Holdings ranks #2104 out of 3084 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Lincoln Electric Holdings has a GF Score™ of 97/100, reflecting its overall financial health beyond just this single metric.
How does Lincoln Electric Holdings' EV-to-OCF compare to RBC and SWK?
According to the Industrial Products industry distribution chart, Lincoln Electric Holdings ranks #2104 out of 3084 companies for EV-to-OCF. This places Lincoln Electric Holdings in the lower half of its industry. The industry median EV-to-OCF is 11.35. Lincoln Electric Holdings' value of 23.26 is 105% above this benchmark. Historically, Lincoln Electric Holdings' own EV-to-OCF has ranged from 11.28 to 29.55 over the past decade. While the company's 10-year median is 20.30 vs. the industry median of 11.35, Lincoln Electric Holdings 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 an Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.35, based on 3,084 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. Lincoln Electric Holdings's current EV-to-OCF of 23.26 is 105% 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 Industrial Products industry, the median EV-to-OCF is 11.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lincoln Electric Holdings's current EV-to-OCF is 23.26, which is 15% above median its own 10-year median of 20.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lincoln Electric Holdings stock overvalued right now?
Lincoln Electric Holdings (FRA:LNE) has a current EV-to-OCF of 23.26. The stock's GF Value™ is €213.68, compared to a current price of €232.00 — trading 8.6% above its estimated fair value. The current EV-to-OCF is 23.26, which is 15% above median its 10-year median of 20.30 and 105% above the Industrial Products industry median of 11.35. Lincoln Electric Holdings' overall GF Score™ is 97/100 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 Lincoln Electric Holdings (FRA:LNE), the current EV-to-OCF is 23.26 as of Sep. 08, 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 Lincoln Electric Holdings (FRA:LNE) Overvalued in 2026?
Based on GuruFocus' analysis, Lincoln Electric Holdings stock appears to be overvalued.
The current stock price of €232.00 is trading 8.6% above its estimated GF Value™ of €213.68.
Key valuation signals for FRA:LNE:
EV-to-OCF: 23.26 (15% above median its 10-year median of 20.30)
GF Value™: €213.68 vs. price of €232.00 (8.6% above fair value)
Industry Position: 105% above the Industrial Products median (#2104 of 3084)
No single metric tells the full story. See the FRA:LNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. Its portfolio includes arc-welding solutions, plasma and oxy-fuel cutting systems, brazing and soldering alloys, and automation solutions. Lincoln Electric serves clients across general fabrication, heavy industries, automotive, construction, shipbuilding, energy, and process industries, among others. The company generated roughly $4.2 billion in sales in 2025.
97GF Score
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