Matrix Service Co (FRA:MX2) EV-to-OCF: 2.17 (As of Aug. 18, 2026) — 14% Below Median

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FRA:MX2 Matrix Service Co FRA:MX2
68 GF Score
Price €10.10
GF Value €10.77
! 3 Warning Signs
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What is Matrix Service Co EV-to-OCF?

Matrix Service Co FRA:MX2 68 EV-to-OCF is 2.17 as of Aug. 18, 2026, which is 14% below its 10-year median of 2.52. GuruFocus rates FRA:MX2 with a GF Score™ of 68/100 and a GF Value™ of €10.77. The stock has 3 warning signs investors should review. Among 1,791 Construction companies, Matrix Service Co ranks better than 66% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Matrix Service Co's Enterprise Value is €106.5 Mil. Matrix Service Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €49.1 Mil. Therefore, Matrix Service Co's EV-to-OCF for today is 2.17.

The historical rank and industry rank for Matrix Service Co's EV-to-OCF or its related term are showing as below:

FRA:MX2' s EV-to-OCF Range Over the Past 10 Years
Min: -520.52   Med: 2.52   Max: 73.91
Current: 2.18

During the past 13 years, the highest EV-to-OCF of Matrix Service Co was 73.91. The lowest was -520.52. And the median was 2.52.

FRA:MX2's EV-to-OCF is ranked better than
66% of 1791 companies
in the Construction industry
Industry Median: 6.89 vs FRA:MX2: 2.18

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 (2026-08-18), Matrix Service Co's stock price is €10.10. Matrix Service Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €-0.458. Therefore, Matrix Service Co's PE Ratio (TTM) for today is At Loss.


Matrix Service Co  (FRA:MX2) 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.

Matrix Service Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.10/-0.458
=At Loss

Matrix Service Co's share price for today is €10.10.
Matrix Service Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.458.

* 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.


Matrix Service Co EV-to-OCF Related Terms


Matrix Service Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Matrix Service Co'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.

Matrix Service Co EV-to-OCF Chart

Matrix Service Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.52 -2.28 13.64 2.46 1.45

Matrix Service Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.45 1.45 2.45 2.79 1.92

FRA:MX2 vs ESOA, PHOE, BWMN: EV-to-OCF Comparison

For the Engineering & Construction subindustry, Matrix Service Co'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.


Matrix Service Co EV-to-OCF vs Construction Industry

For the Construction industry and Industrials sector, Matrix Service Co's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Matrix Service Co's EV-to-OCF falls into.


FRA:MX2
68GF Score
Matrix Service Co FRA:MX2
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Matrix Service Co EV-to-OCF Calculation

Matrix Service Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=106.519/49.144
=2.17

Matrix Service Co's current Enterprise Value is €106.5 Mil.
Matrix Service Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €49.1 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 2.17 mean?
Matrix Service Co (FRA:MX2) has a EV-to-OCF of 2.17 as of Aug. 18, 2026. This is 14% below median its historical median of 2.52. According to the industry distribution chart, Matrix Service Co ranks #609 out of 1791 companies in the Construction industry, placing it in the top 34%.
Is Matrix Service Co's EV-to-OCF too high?
Matrix Service Co's current EV-to-OCF of 2.17 is 14% below median its 10-year median of 2.52. The Construction industry median EV-to-OCF is 6.89. Matrix Service Co's value of 2.17 is 68.5% below this industry median. Based on the distribution chart, Matrix Service Co ranks #609 out of 1791 companies in the Construction industry, which is above the industry midpoint. Overall, Matrix Service Co has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does Matrix Service Co's EV-to-OCF compare to ESOA and PHOE?
According to the Construction industry distribution chart, Matrix Service Co ranks #609 out of 1791 companies for EV-to-OCF. This puts Matrix Service Co in the upper half of its industry. The industry median EV-to-OCF is 6.89. Matrix Service Co's value of 2.17 is 68.5% below this benchmark. While the company's 10-year median is 2.52 vs. the industry median of 6.89, Matrix Service Co 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 Construction company?
The median EV-to-OCF among Construction companies is 6.89, based on 1,791 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. Matrix Service Co's current EV-to-OCF of 2.17 is 68.5% 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 Construction industry, the median EV-to-OCF is 6.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Matrix Service Co's current EV-to-OCF is 2.17, which is 14% below median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matrix Service Co stock overvalued right now?
Matrix Service Co (FRA:MX2) has a current EV-to-OCF of 2.17. The stock's GF Value™ is €10.77, compared to a current price of €10.10 — trading 6.2% below its estimated fair value. The current EV-to-OCF is 2.17, which is 14% below median its 10-year median of 2.52 and 68.5% below the Construction industry median of 6.89. Matrix Service Co's overall GF Score™ is 68/100 with 3 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 Matrix Service Co (FRA:MX2), the current EV-to-OCF is 2.17 as of Aug. 18, 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 Matrix Service Co (FRA:MX2) Overvalued in 2026?

Based on GuruFocus' analysis, Matrix Service Co stock appears to be undervalued. The current stock price of €10.10 is trading 6.2% below its estimated GF Value™ of €10.77.

Key valuation signals for FRA:MX2:

  • EV-to-OCF: 2.17 (14% below median its 10-year median of 2.52)
  • GF Value™: €10.77 vs. price of €10.10 (6.2% below fair value)
  • GF Score™: 68/100 with 3 warning signs
  • Industry Position: 68.5% below the Construction median (#609 of 1791)

No single metric tells the full story. See the FRA:MX2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Matrix Service Co Business Description

Other Exchanges MTRX:USA
Address 15 East 5th Street, Suite 1100, Tulsa, OK, USA, 74103
Matrix Service Co provides engineering, fabrication, construction, maintenance, and repair services prominently to the energy and industrial markets. The company operates through three main segments: Storage and Terminal Solutions, Utility and Power Infrastructure, and Process and Industrial Facilities. These segments cover services like building and maintaining storage tanks and terminals, supporting power delivery and new power generation projects including renewables, as well as plant maintenance and turnarounds for refining and petrochemical industries. Matrix generates revenue by delivering these services to clients in oil, gas, power, and petrochemical sectors across North America and internationally.
68GF Score

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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.10
Price
€10.77
GF Value