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GDS HoldingsGDS +0.34%65 EV-to-OCF is 27.65 as of Aug. 13, 2026, which is 3% below its 10-year median of 28.58. GuruFocus rates GDS with a GF Score™ of 65/100 and a GF Value™ of $21.14 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,874 Software companies, GDS Holdings ranks worse than 82.78% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, GDS Holdings's Enterprise Value is $11,846 Mil.
GDS Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $428 Mil. Therefore, GDS Holdings's EV-to-OCF for today is 27.65.
The historical rank and industry rank for GDS Holdings's EV-to-OCF or its related term are showing as below:
GDS'
s EV-to-OCF Range Over the Past 10 Years
Min: -1549.28 Med: 28.58 Max: 1620.5
Current: 27.65
During the past 12 years, the highest EV-to-OCF of GDS Holdings was 1620.50. The lowest was -1549.28. And the median was 28.58.
GDS's EV-to-OCF is ranked worse than 82.78% of 2874
companies
in the Software industry
Industry Median: 6.97
vs GDS: 27.65
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.
GDS Holdings's PE Ratio (TTM) for today is calculated as:
GDS Holdings's share price for today is $32.77.
GDS Holdings'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 $1.562.
* 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.
GDS Holdings EV-to-OCF Related Terms
GDS Holdings EV-to-OCF Historical Data
* Premium members only.
The historical data trend for GDS Holdings'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 Information Technology Services subindustry, GDS 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.
GDS Holdings EV-to-OCF vs Software Industry
For the Software industry and Technology sector, GDS Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where GDS Holdings's EV-to-OCF falls into.
GDS Holdings's current Enterprise Value is $11,846 Mil.
GDS Holdings'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 $428 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.
GDS Holdings (GDS) has a EV-to-OCF of 27.65 as of Aug. 13, 2026. This is near median its historical median of 28.58. According to the industry distribution chart, GDS Holdings ranks #2379 out of 2874 companies in the Software industry, placing it in the top 82.8%.
Is GDS Holdings' EV-to-OCF too high?
GDS Holdings' current EV-to-OCF of 27.65 is near median its 10-year median of 28.58. The Software industry median EV-to-OCF is 6.97. GDS Holdings' value of 27.65 is 296.7% above this industry median. Based on the distribution chart, GDS Holdings ranks #2379 out of 2874 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GDS Holdings has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GDS Holdings' EV-to-OCF compare to PSN and INGM?
According to the Software industry distribution chart, GDS Holdings ranks #2379 out of 2874 companies for EV-to-OCF. This places GDS Holdings in the lower half of its industry. The industry median EV-to-OCF is 6.97. GDS Holdings' value of 27.65 is 296.7% above this benchmark. While the company's 10-year median is 28.58 vs. the industry median of 6.97, GDS 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 a Software company?
The median EV-to-OCF among Software companies is 6.97, based on 2,874 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. GDS Holdings's current EV-to-OCF of 27.65 is 296.7% 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 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GDS Holdings's current EV-to-OCF is 27.65, which is near median its own 10-year median of 28.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GDS Holdings stock overvalued right now?
Based on GuruFocus' analysis, GDS Holdings (GDS) is currently considered Significantly Overvalued. The stock's GF Value™ is $21.14, compared to a current price of $32.77 — trading 55% above its estimated fair value. The current EV-to-OCF is 27.65, which is near median its 10-year median of 28.58 and 296.7% above the Software industry median of 6.97. GDS Holdings' overall GF Score™ is 65/100 with 5 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 GDS Holdings (GDS), the current EV-to-OCF is 27.65 as of Aug. 13, 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 GDS Holdings (GDS) Overvalued in 2026?
Based on GuruFocus' analysis, GDS Holdings stock appears to be overvalued.
The current stock price of $32.77 is trading 55% above its estimated GF Value™ of $21.14.
GuruFocus considers GDS Holdings to be Significantly Overvalued.
Key valuation signals for GDS:
EV-to-OCF: 27.65 (near median its 10-year median of 28.58)
GF Value™: $21.14 vs. price of $32.77 (55% above fair value)
Industry Position: 296.7% above the Software median (#2379 of 2874)
No single metric tells the full story. See the GDS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GDS Holdings started as an IT service provider in 2001, then moved to the data center business with its first self-developed data center opening in 2010. The company now develops and operates data centers in China and also builds, operates, and transfers data centers for other clients. It offers colocation and managed services and mainly targets hyperscale cloud service customers who take large areas of its data centers or even whole data centers under long-term contracts. Its data centers are located predominantly in and around the Tier 1 cities in China, and it has also started expanding into Southeast Asia via the now 23% owned DayOne. GDS listed on the Nasdaq in 2016 and completed a secondary listing in Hong Kong in 2020.
65GF Score
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