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HalmaHLMAF -0.63%97 EV-to-OCF is 29.64 as of Sep. 16, 2026, which is 9% below its 10-year median of 32.48. GuruFocus rates HLMAF with a GF Score™ of 97/100 and a GF Value™ of $46.09 (Fairly Valued). The stock has 1 warning sign investors should review. Among 552 Conglomerates companies, Halma ranks worse than 84.78% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Halma's Enterprise Value is $19,095 Mil.
Halma's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $644 Mil. Therefore, Halma's EV-to-OCF for today is 29.64.
The historical rank and industry rank for Halma's EV-to-OCF or its related term are showing as below:
HLMAF'
s EV-to-OCF Range Over the Past 10 Years
Min: 20.36 Med: 32.48 Max: 44.73
Current: 31.44
During the past 13 years, the highest EV-to-OCF of Halma was 44.73. The lowest was 20.36. And the median was 32.48.
HLMAF's EV-to-OCF is ranked worse than 84.78% of 552
companies
in the Conglomerates industry
Industry Median: 8.61
vs HLMAF: 31.44
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 (2026-09-16), Halma's stock price is $46.507.
Halma's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.316. Therefore, Halma's PE Ratio (TTM) for today is 35.34.
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.
Halma's share price for today is $46.507.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Halma's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.316.
* 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.
Halma EV-to-OCF Related Terms
Halma EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Halma'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 Conglomerates subindustry, Halma'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.
Halma EV-to-OCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Halma's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Halma's EV-to-OCF falls into.
Halma's current Enterprise Value is $19,095 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Halma's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $644 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.
Halma (HLMAF) has a EV-to-OCF of 29.64 as of Sep. 16, 2026. This is near median its historical median of 32.48. Over the past decade, Halma's EV-to-OCF has ranged from 20.36 to 44.73. According to the industry distribution chart, Halma ranks #468 out of 552 companies in the Conglomerates industry, placing it in the top 84.8%.
Is Halma's EV-to-OCF too high?
Halma's current EV-to-OCF of 29.64 is near median its 10-year median of 32.48. Over the past 10 years, this metric has ranged from a low of 20.36 to a high of 44.73. The Conglomerates industry median EV-to-OCF is 8.61. Halma's value of 29.64 is 244.3% above this industry median. Based on the distribution chart, Halma ranks #468 out of 552 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Halma has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halma's EV-to-OCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, Halma ranks #468 out of 552 companies for EV-to-OCF. This places Halma in the lower half of its industry. The industry median EV-to-OCF is 8.61. Halma's value of 29.64 is 244.3% above this benchmark. Historically, Halma's own EV-to-OCF has ranged from 20.36 to 44.73 over the past decade. While the company's 10-year median is 32.48 vs. the industry median of 8.61, Halma 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 Conglomerates company?
The median EV-to-OCF among Conglomerates companies is 8.61, based on 552 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. Halma's current EV-to-OCF of 29.64 is 244.3% 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 Conglomerates industry, the median EV-to-OCF is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Halma's current EV-to-OCF is 29.64, which is near median its own 10-year median of 32.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halma stock overvalued right now?
Based on GuruFocus' analysis, Halma (HLMAF) is currently considered Fairly Valued. The stock's GF Value™ is $46.09, compared to a current price of $46.51 — trading 0.9% above its estimated fair value. The current EV-to-OCF is 29.64, which is near median its 10-year median of 32.48 and 244.3% above the Conglomerates industry median of 8.61. Halma's overall GF Score™ is 97/100 with 1 warning sign 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 Halma (HLMAF), the current EV-to-OCF is 29.64 as of Sep. 16, 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 Halma (HLMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Halma stock appears to be overvalued.
The current stock price of $46.51 is trading 0.9% above its estimated GF Value™ of $46.09.
GuruFocus considers Halma to be Fairly Valued.
Key valuation signals for HLMAF:
EV-to-OCF: 29.64 (near median its 10-year median of 32.48)
GF Value™: $46.09 vs. price of $46.51 (0.9% above fair value)
Industry Position: 244.3% above the Conglomerates median (#468 of 552)
No single metric tells the full story. See the HLMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Halma consists of 49 operating businesses managed in a decentralized manner. The company, through its products, focuses on trying to make the world safer, cleaner and healthier. The group operates across three segments: safety, environmental and analysis, and medical equipment. Halma's products include smoke detectors, healthcare equipment, door sensors, and water treatment. Most of the group's products are niche with limited competition. Over 75% of sales are generated in the United States, Europe and United Kingdom. Halma is listed on the London Stock Exchange.
97GF Score
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