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Granite ConstructionGVA -0.15%78 EV-to-OCF is 9.98 as of Sep. 07, 2026, which is 31% below its 10-year median of 14.52. GuruFocus rates GVA with a GF Score™ of 78/100 and a GF Value™ of $128.80 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,797 Construction companies, Granite Construction ranks worse than 60.55% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Granite Construction's Enterprise Value is $6,040 Mil.
Granite Construction's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $605 Mil. Therefore, Granite Construction's EV-to-OCF for today is 9.98.
The historical rank and industry rank for Granite Construction's EV-to-OCF or its related term are showing as below:
GVA'
s EV-to-OCF Range Over the Past 10 Years
Min: -33.61 Med: 14.52 Max: 75.97
Current: 9.98
During the past 13 years, the highest EV-to-OCF of Granite Construction was 75.97. The lowest was -33.61. And the median was 14.52.
GVA's EV-to-OCF is ranked worse than 60.55% of 1797
companies
in the Construction industry
Industry Median: 6.82
vs GVA: 9.98
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.
Granite Construction (NYSE:GVA) 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.
Granite Construction's PE Ratio (TTM) for today is calculated as:
Granite Construction's share price for today is $119.30.
Granite Construction'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 $-4.310.
* 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.
Granite Construction EV-to-OCF Related Terms
Granite Construction EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Granite Construction'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 Engineering & Construction subindustry, Granite Construction'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.
Granite Construction EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, Granite Construction's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Granite Construction's EV-to-OCF falls into.
Granite Construction's current Enterprise Value is $6,040 Mil.
Granite Construction'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 $605 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.
Granite Construction (GVA) has a EV-to-OCF of 9.98 as of Sep. 07, 2026. This is 31% below median its historical median of 14.52. According to the industry distribution chart, Granite Construction ranks #1088 out of 1797 companies in the Construction industry, placing it in the top 60.5%.
Is Granite Construction's EV-to-OCF too high?
Granite Construction's current EV-to-OCF of 9.98 is 31% below median its 10-year median of 14.52. The Construction industry median EV-to-OCF is 6.82. Granite Construction's value of 9.98 is 46.3% above this industry median. Based on the distribution chart, Granite Construction ranks #1088 out of 1797 companies in the Construction industry, which is below the industry midpoint. Overall, Granite Construction has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Granite Construction's EV-to-OCF compare to AGX and ECG?
According to the Construction industry distribution chart, Granite Construction ranks #1088 out of 1797 companies for EV-to-OCF. This places Granite Construction in the lower half of its industry. The industry median EV-to-OCF is 6.82. Granite Construction's value of 9.98 is 46.3% above this benchmark. While the company's 10-year median is 14.52 vs. the industry median of 6.82, Granite Construction 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 Construction company?
The median EV-to-OCF among Construction companies is 6.82, based on 1,797 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. Granite Construction's current EV-to-OCF of 9.98 is 46.3% 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 Construction industry, the median EV-to-OCF is 6.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Granite Construction's current EV-to-OCF is 9.98, which is 31% below median its own 10-year median of 14.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granite Construction stock overvalued right now?
Based on GuruFocus' analysis, Granite Construction (GVA) is currently considered Fairly Valued. The stock's GF Value™ is $128.80, compared to a current price of $119.30 — trading 7.4% below its estimated fair value. The current EV-to-OCF is 9.98, which is 31% below median its 10-year median of 14.52 and 46.3% above the Construction industry median of 6.82. Granite Construction's overall GF Score™ is 78/100 with 2 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 Granite Construction (GVA), the current EV-to-OCF is 9.98 as of Sep. 07, 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 Granite Construction (GVA) Overvalued in 2026?
Based on GuruFocus' analysis, Granite Construction stock appears to be undervalued.
The current stock price of $119.30 is trading 7.4% below its estimated GF Value™ of $128.80.
GuruFocus considers Granite Construction to be Fairly Valued.
Key valuation signals for GVA:
EV-to-OCF: 9.98 (31% below median its 10-year median of 14.52)
GF Value™: $128.80 vs. price of $119.30 (7.4% below fair value)
Industry Position: 46.3% above the Construction median (#1088 of 1797)
No single metric tells the full story. See the GVA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. The company focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, bridges, dams, tunnels, and other infrastructure projects. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's Construction operating segment, and rest from Materials segment.
78GF Score
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