HGYMF (Hogy Medical Co) EV-to-OCF: 22.96 (As of Aug. 31, 2026) — 138% 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.

HGYMF Hogy Medical Co Ltd HGYMF
57 GF Score
Price $34.99
GF Value $23.23
! 10 Warning Signs
View Full Analysis

What is Hogy Medical Co EV-to-OCF?

Hogy Medical Co HGYMF 57 EV-to-OCF is 22.96 as of Aug. 31, 2026, which is 138% above its 10-year median of 9.63. GuruFocus rates HGYMF with a GF Score™ of 57/100 and a GF Value™ of $23.23. The stock has 10 warning signs investors should review.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hogy Medical Co's Enterprise Value is $871.7 Mil. Hogy Medical Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $38.0 Mil. Therefore, Hogy Medical Co's EV-to-OCF for today is 22.96.

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

HGYMF' s EV-to-OCF Range Over the Past 10 Years
Min: 6.38   Med: 9.63   Max: 24.66
Current: 24.32

During the past 13 years, the highest EV-to-OCF of Hogy Medical Co was 24.66. The lowest was 6.38. And the median was 9.63.

HGYMF's EV-to-OCF is not ranked
in the Medical Devices & Instruments industry.
Industry Median: 7.91 vs HGYMF: 24.32

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 (2026-08-31), Hogy Medical Co's stock price is $34.99. Hogy Medical Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.093. Therefore, Hogy Medical Co's PE Ratio (TTM) for today is 376.24.


Hogy Medical Co  (OTCPK:HGYMF) 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.

Hogy Medical Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=34.99/0.093
=376.24

Hogy Medical Co's share price for today is $34.99.
Hogy Medical Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.093.

* 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.


Hogy Medical Co EV-to-OCF Related Terms


Hogy Medical Co EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hogy Medical 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.

Hogy Medical Co EV-to-OCF Chart

Hogy Medical Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.89 8.74 7.31 10.86 8.25

Hogy Medical Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 8.34 8.25 8.45 16.17 24.40

HGYMF vs ISRG, BDX, MDLN: EV-to-OCF Comparison

For the Medical Instruments & Supplies subindustry, Hogy Medical 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.


Hogy Medical Co EV-to-OCF vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Hogy Medical Co's EV-to-OCF distribution charts can be found below:

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


HGYMF
57GF Score
Hogy Medical Co Ltd HGYMF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hogy Medical Co EV-to-OCF Calculation

Hogy Medical Co's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=871.669/37.963
=22.96

Hogy Medical Co's current Enterprise Value is $871.7 Mil.
Hogy Medical Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $38.0 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 22.96 mean?
Hogy Medical Co (HGYMF) has a EV-to-OCF of 22.96 as of Aug. 31, 2026. This is 138% above median its historical median of 9.63. Over the past decade, Hogy Medical Co's EV-to-OCF has ranged from 6.38 to 24.66.
Is Hogy Medical Co's EV-to-OCF too high?
Hogy Medical Co's current EV-to-OCF of 22.96 is 138% above median its 10-year median of 9.63. Over the past 10 years, this metric has ranged from a low of 6.38 to a high of 24.66. The Medical Devices & Instruments industry median EV-to-OCF is 7.91. Hogy Medical Co's value of 22.96 is 190.3% above this industry median. Overall, Hogy Medical Co has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Hogy Medical Co's EV-to-OCF compare to ISRG and BDX?
Hogy Medical Co's EV-to-OCF of 22.96 can be compared against companies in the Medical Devices & Instruments industry. The industry median EV-to-OCF is 7.91. Hogy Medical Co's value of 22.96 is 190.3% above this benchmark. Historically, Hogy Medical Co's own EV-to-OCF has ranged from 6.38 to 24.66 over the past decade. While the company's 10-year median is 9.63 vs. the industry median of 7.91, Hogy Medical Co 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 Medical Devices & Instruments company?
The median EV-to-OCF among Medical Devices & Instruments companies is 7.91, based on 851 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. Hogy Medical Co's current EV-to-OCF of 22.96 is 190.3% 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 Medical Devices & Instruments industry, the median EV-to-OCF is 7.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hogy Medical Co's current EV-to-OCF is 22.96, which is 138% above median its own 10-year median of 9.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hogy Medical Co stock overvalued right now?
Hogy Medical Co (HGYMF) has a current EV-to-OCF of 22.96. The stock's GF Value™ is $23.23, compared to a current price of $34.99 — trading 50.6% above its estimated fair value. The current EV-to-OCF is 22.96, which is 138% above median its 10-year median of 9.63 and 190.3% above the Medical Devices & Instruments industry median of 7.91. Hogy Medical Co's overall GF Score™ is 57/100 with 10 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 Hogy Medical Co (HGYMF), the current EV-to-OCF is 22.96 as of Aug. 31, 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 Hogy Medical Co (HGYMF) Overvalued in 2026?

Based on GuruFocus' analysis, Hogy Medical Co stock appears to be overvalued. The current stock price of $34.99 is trading 50.6% above its estimated GF Value™ of $23.23.

Key valuation signals for HGYMF:

  • EV-to-OCF: 22.96 (138% above median its 10-year median of 9.63)
  • GF Value™: $23.23 vs. price of $34.99 (50.6% above fair value)
  • GF Score™: 57/100 with 10 warning signs
  • Industry Position: 190.3% above the Medical Devices & Instruments median

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


Hogy Medical Co Business Description

Address 7-7, Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8615
Hogy Medical Co Ltd develops and sells products that can be used to streamline operations and improve safety at healthcare facilities. Its products are used in hospitals' operating rooms, wards, material rooms, and administrative settings. Hogy Medical receives the majority of its revenue from sales of surgical-use products. Its key products include kit products, nonwoven products, and sterilization products. The kit products contain sterilized surgical supplies for use in a specific operation. The nonwoven products include gowns, caps, equipment covers, and other accessories. Hogy's primary sterilization product is the Mekkin bag, a sterilization pouch. The vast majority of Hogy's revenue is generated in Japan.
57GF Score

Get the complete analysis for HGYMF

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

$34.99
Price
$23.23
GF Value