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Fuel TechFTEK +6.45%64 EV-to-OCF is -151.50 as of Sep. 09, 2026. GuruFocus rates FTEK with a GF Score™ of 64/100 and a GF Value™ of $1.16 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,086 Industrial Products companies, Fuel Tech ranks better than 95.27% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fuel Tech's Enterprise Value is $32.12 Mil.
Fuel Tech's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.21 Mil. Therefore, Fuel Tech's EV-to-OCF for today is -151.50.
The historical rank and industry rank for Fuel Tech's EV-to-OCF or its related term are showing as below:
FTEK'
s EV-to-OCF Range Over the Past 10 Years
Min: -185.05 Med: -3.72 Max: 124.88
Current: -151.5
During the past 13 years, the highest EV-to-OCF of Fuel Tech was 124.88. The lowest was -185.05. And the median was -3.72.
FTEK's EV-to-OCF is ranked better than 95.27% of 3086
companies
in the Industrial Products industry
Industry Median: 11.35
vs FTEK: -151.50
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.
Fuel Tech's share price for today is $1.64.
Fuel Tech'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 $-0.110.
* 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.
Fuel Tech EV-to-OCF Related Terms
Fuel Tech EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Fuel Tech'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 Pollution & Treatment Controls subindustry, Fuel Tech'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.
Fuel Tech EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Fuel Tech's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Fuel Tech's EV-to-OCF falls into.
Fuel Tech's current Enterprise Value is $32.12 Mil.
Fuel Tech'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 $-0.21 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.
Fuel Tech (FTEK) has a EV-to-OCF of -151.50 as of Sep. 09, 2026. According to the industry distribution chart, Fuel Tech ranks #146 out of 3086 companies in the Industrial Products industry, placing it in the top 4.7%.
Is Fuel Tech's EV-to-OCF too high?
Fuel Tech's current EV-to-OCF is -151.50. Based on the distribution chart, Fuel Tech ranks #146 out of 3086 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Fuel Tech has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fuel Tech's EV-to-OCF compare to SCWO and ZONE?
According to the Industrial Products industry distribution chart, Fuel Tech ranks #146 out of 3086 companies for EV-to-OCF. This places Fuel Tech in the top 5% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 11.35. 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 3,086 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 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. Fuel Tech's current EV-to-OCF is -151.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fuel Tech stock overvalued right now?
Based on GuruFocus' analysis, Fuel Tech (FTEK) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.16, compared to a current price of $1.64 — trading 41.4% above its estimated fair value. The current EV-to-OCF is -151.50. Fuel Tech's overall GF Score™ is 64/100 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 Fuel Tech (FTEK), the current EV-to-OCF is -151.50 as of Sep. 09, 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 Fuel Tech (FTEK) Overvalued in 2026?
Based on GuruFocus' analysis, Fuel Tech stock appears to be overvalued.
The current stock price of $1.64 is trading 41.4% above its estimated GF Value™ of $1.16.
GuruFocus considers Fuel Tech to be Significantly Overvalued.
Key valuation signals for FTEK:
EV-to-OCF: -151.50
GF Value™: $1.16 vs. price of $1.64 (41.4% above fair value)
No single metric tells the full story. See the FTEK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fuel Tech Inc is a technology provider of boiler optimization, efficiency improvement, and air pollution reduction to utility and industrial customers. The company operates in two segments, Air Pollution Control and Fuel Chem. The Air Pollution Control technology segment includes technologies to reduce NOx emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources. The Fuel Chem technology segment uses chemical processes in combination with Computational Fluid Dynamics and Chemical Kinetics Modeling for boiler modeling for the control of slagging, fouling, corrosion, opacity and other sulfur trioxide-related issues in furnaces and boilers through the addition of chemicals into the furnace using TIFI Targeted In-Furnace Injection technology.
64GF Score
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