Oceaneering International (FRA:OII) EV-to-OCF: 16.06 (As of Aug. 04, 2026) — 26% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:OII Oceaneering International Inc FRA:OII
67 GF Score
Price €42.20
GF Value €24.13
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Oceaneering International EV-to-OCF?

Oceaneering International FRA:OII -1.86% 67 EV-to-OCF is 16.06 as of Aug. 04, 2026, which is 26% above its 10-year median of 12.75. GuruFocus rates FRA:OII with a GF Score™ of 67/100 and a GF Value™ of €24.13 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,018 Oil & Gas companies, Oceaneering International ranks worse than 83.79% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Oceaneering International's Enterprise Value is €4,366 Mil. Oceaneering International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €272 Mil. Therefore, Oceaneering International's EV-to-OCF for today is 16.06.

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

FRA:OII' s EV-to-OCF Range Over the Past 10 Years
Min: 5.62   Med: 12.75   Max: 108.47
Current: 15.82

During the past 13 years, the highest EV-to-OCF of Oceaneering International was 108.47. The lowest was 5.62. And the median was 12.75.

FRA:OII's EV-to-OCF is ranked worse than
83.79% of 1018 companies
in the Oil & Gas industry
Industry Median: 5.905 vs FRA:OII: 15.82

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 (2026-08-04), Oceaneering International's stock price is €42.20. Oceaneering International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €2.983. Therefore, Oceaneering International's PE Ratio (TTM) for today is 14.15.


Oceaneering International  (FRA:OII) 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.

Oceaneering International's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=42.20/2.983
=14.15

Oceaneering International's share price for today is €42.20.
Oceaneering International'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 €2.983.

* 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.


Oceaneering International EV-to-OCF Related Terms


Oceaneering International EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Oceaneering International'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.

Oceaneering International EV-to-OCF Chart

Oceaneering International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.49 16.98 12.09 14.66 8.06

Oceaneering International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.28 12.67 8.06 10.44 12.60

FRA:OII vs KGS, AROC, WFRD: EV-to-OCF Comparison

For the Oil & Gas Equipment & Services subindustry, Oceaneering International'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.


Oceaneering International EV-to-OCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oceaneering International's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Oceaneering International's EV-to-OCF falls into.


FRA:OII
67GF Score
Oceaneering International Inc FRA:OII
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oceaneering International EV-to-OCF Calculation

Oceaneering International's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4365.506/271.902
=16.06

Oceaneering International's current Enterprise Value is €4,366 Mil.
Oceaneering International'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 €272 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 16.06 mean?
Oceaneering International (FRA:OII) has a EV-to-OCF of 16.06 as of Aug. 04, 2026. This is 26% above median its historical median of 12.75. Over the past decade, Oceaneering International's EV-to-OCF has ranged from 5.62 to 108.47. According to the industry distribution chart, Oceaneering International ranks #853 out of 1018 companies in the Oil & Gas industry, placing it in the top 83.8%.
Is Oceaneering International's EV-to-OCF too high?
Oceaneering International's current EV-to-OCF of 16.06 is 26% above median its 10-year median of 12.75. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 108.47. The Oil & Gas industry median EV-to-OCF is 5.91. Oceaneering International's value of 16.06 is 172% above this industry median. Based on the distribution chart, Oceaneering International ranks #853 out of 1018 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Oceaneering International has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oceaneering International's EV-to-OCF compare to KGS and AROC?
According to the Oil & Gas industry distribution chart, Oceaneering International ranks #853 out of 1018 companies for EV-to-OCF. This places Oceaneering International in the lower half of its industry. The industry median EV-to-OCF is 5.91. Oceaneering International's value of 16.06 is 172% above this benchmark. Historically, Oceaneering International's own EV-to-OCF has ranged from 5.62 to 108.47 over the past decade. While the company's 10-year median is 12.75 vs. the industry median of 5.91, Oceaneering International 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.91, based on 1,018 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. Oceaneering International's current EV-to-OCF of 16.06 is 172% 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 Oil & Gas industry, the median EV-to-OCF is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceaneering International's current EV-to-OCF is 16.06, which is 26% above median its own 10-year median of 12.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceaneering International stock overvalued right now?
Based on GuruFocus' analysis, Oceaneering International (FRA:OII) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.13, compared to a current price of €42.20 — trading 74.9% above its estimated fair value. The current EV-to-OCF is 16.06, which is 26% above median its 10-year median of 12.75 and 172% above the Oil & Gas industry median of 5.91. Oceaneering International's overall GF Score™ is 67/100 with 8 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 Oceaneering International (FRA:OII), the current EV-to-OCF is 16.06 as of Aug. 04, 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 Oceaneering International (FRA:OII) Overvalued in 2026?

Based on GuruFocus' analysis, Oceaneering International stock appears to be overvalued. The current stock price of €42.20 is trading 74.9% above its estimated GF Value™ of €24.13. GuruFocus considers Oceaneering International to be Significantly Overvalued.

Key valuation signals for FRA:OII:

  • EV-to-OCF: 16.06 (26% above median its 10-year median of 12.75)
  • GF Value™: €24.13 vs. price of €42.20 (74.9% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 172% above the Oil & Gas median (#853 of 1018)

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


Oceaneering International Business Description

Industry EnergyOil & Gas
Other Exchanges OII:USA0KAN:UKOII:Germany
Address 5875 North Sam Houston Parkway West, Suite 400, Houston, TX, USA, 77086
Oceaneering International Inc is a provider of engineered services and products and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries. A majority of its products are produced for the offshore oil and gas market. The company's business segments are Integrity Management and Digital Solutions, Subsea Robotics, Manufactured Products, Offshore Projects Group, and Aerospace and Defense Technologies. Maximum revenue is generated from its Subsea Robotics segment, which provides remotely operated vehicles (ROVs) for drill support and vessel-based services, underwater surveys, tooling, and other activities. Geographically, the company derives its key revenue from the United States, followed by Africa, Norway, Brazil, and other regions.
67GF Score

Get the complete analysis for FRA:OII

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

€42.20
Price
€24.13
GF Value