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i3 VerticalsIIIV +1.38%70 EV-to-OCF is 13.57 as of Aug. 03, 2026, which is 40% below its 10-year median of 22.66. GuruFocus rates IIIV with a GF Score™ of 70/100 and a GF Value™ of $22.52 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,878 Software companies, i3 Verticals ranks worse than 68.83% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, i3 Verticals's Enterprise Value is $616.9 Mil.
i3 Verticals's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $45.5 Mil. Therefore, i3 Verticals's EV-to-OCF for today is 13.57.
The historical rank and industry rank for i3 Verticals's EV-to-OCF or its related term are showing as below:
IIIV'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.54 Med: 22.66 Max: 210.04
Current: 13.57
During the past 10 years, the highest EV-to-OCF of i3 Verticals was 210.04. The lowest was 12.54. And the median was 22.66.
IIIV's EV-to-OCF is ranked worse than 68.83% of 2878
companies
in the Software industry
Industry Median: 6.66
vs IIIV: 13.57
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.
i3 Verticals's PE Ratio (TTM) for today is calculated as:
i3 Verticals's share price for today is $21.36.
i3 Verticals'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 $0.700.
* 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.
i3 Verticals EV-to-OCF Related Terms
i3 Verticals EV-to-OCF Historical Data
* Premium members only.
The historical data trend for i3 Verticals'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 Software - Infrastructure subindustry, i3 Verticals'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.
i3 Verticals EV-to-OCF vs Software Industry
For the Software industry and Technology sector, i3 Verticals's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where i3 Verticals's EV-to-OCF falls into.
i3 Verticals's current Enterprise Value is $616.9 Mil.
i3 Verticals'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 $45.5 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.
i3 Verticals (IIIV) has a EV-to-OCF of 13.57 as of Aug. 03, 2026. This is 40% below median its historical median of 22.66. Over the past decade, i3 Verticals' EV-to-OCF has ranged from 12.54 to 210.04. According to the industry distribution chart, i3 Verticals ranks #1981 out of 2878 companies in the Software industry, placing it in the top 68.8%.
Is i3 Verticals' EV-to-OCF too high?
i3 Verticals' current EV-to-OCF of 13.57 is 40% below median its 10-year median of 22.66. Over the past 10 years, this metric has ranged from a low of 12.54 to a high of 210.04. The Software industry median EV-to-OCF is 6.66. i3 Verticals' value of 13.57 is 103.8% above this industry median. Based on the distribution chart, i3 Verticals ranks #1981 out of 2878 companies in the Software industry, which is below the industry midpoint. Overall, i3 Verticals has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does i3 Verticals' EV-to-OCF compare to IMXI and CINT?
According to the Software industry distribution chart, i3 Verticals ranks #1981 out of 2878 companies for EV-to-OCF. This places i3 Verticals in the lower half of its industry. The industry median EV-to-OCF is 6.66. i3 Verticals' value of 13.57 is 103.8% above this benchmark. Historically, i3 Verticals' own EV-to-OCF has ranged from 12.54 to 210.04 over the past decade. While the company's 10-year median is 22.66 vs. the industry median of 6.66, i3 Verticals 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 6.66, based on 2,878 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. i3 Verticals's current EV-to-OCF of 13.57 is 103.8% 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 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. i3 Verticals's current EV-to-OCF is 13.57, which is 40% below median its own 10-year median of 22.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is i3 Verticals stock overvalued right now?
Based on GuruFocus' analysis, i3 Verticals (IIIV) is currently considered Fairly Valued. The stock's GF Value™ is $22.52, compared to a current price of $21.36 — trading 5.2% below its estimated fair value. The current EV-to-OCF is 13.57, which is 40% below median its 10-year median of 22.66 and 103.8% above the Software industry median of 6.66. i3 Verticals' overall GF Score™ is 70/100 with 4 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 i3 Verticals (IIIV), the current EV-to-OCF is 13.57 as of Aug. 03, 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 i3 Verticals (IIIV) Overvalued in 2026?
Based on GuruFocus' analysis, i3 Verticals stock appears to be undervalued.
The current stock price of $21.36 is trading 5.2% below its estimated GF Value™ of $22.52.
GuruFocus considers i3 Verticals to be Fairly Valued.
Key valuation signals for IIIV:
EV-to-OCF: 13.57 (40% below median its 10-year median of 22.66)
GF Value™: $22.52 vs. price of $21.36 (5.2% below fair value)
Industry Position: 103.8% above the Software median (#1981 of 2878)
No single metric tells the full story. See the IIIV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
i3 Verticals Inc provides mission-critical enterprise software solutions to public sector entities. These comprehensive cloud-native solutions address a broad range of government functions, including courts and public safety, public administration, utilities, transportation and schools. The company generates the majority of revenue from software and related services, including the sale of subscriptions, recurring services, ongoing support, licenses, and installation and implementation services specific to software.
70GF Score
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