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.
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.
Ionic DigitalIOND +1.75%13 EV-to-OCF is -124.62 as of Sep. 17, 2026. GuruFocus rates IOND with a GF Score™ of 13/100. The stock has 2 warning signs investors should review. Among 805 Capital Markets companies, Ionic Digital ranks better than 95.53% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ionic Digital's Enterprise Value is $3,232.0 Mil.
Ionic Digital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-25.9 Mil. Therefore, Ionic Digital's EV-to-OCF for today is -124.62.
The historical rank and industry rank for Ionic Digital's EV-to-OCF or its related term are showing as below:
IOND'
s EV-to-OCF Range Over the Past 10 Years
Min: -126.07 Med: -34.12 Max: -29.8
Current: -124.62
During the past 3 years, the highest EV-to-OCF of Ionic Digital was -29.80. The lowest was -126.07. And the median was -34.12.
IOND's EV-to-OCF is ranked better than 95.53% of 805
companies
in the Capital Markets industry
Industry Median: -0.45
vs IOND: -124.62
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.
Ionic Digital's PE Ratio (TTM) for today is calculated as:
Ionic Digital's share price for today is $84.85.
Ionic Digital'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 $-1.073.
* 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.
Ionic Digital EV-to-OCF Related Terms
Ionic Digital EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ionic Digital'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.
Ionic Digital EV-to-OCF Chart
Ionic Digital Annual Data
Trend
Dec23
Dec24
Dec25
EV-to-OCF
0.00
0.00
0.00
Ionic Digital Quarterly Data
Mar25
Jun25
Mar26
Jun26
EV-to-OCF
0.00
0.00
0.00
0.00
IOND vs CLSK, ETOR, PURR: EV-to-OCF Comparison
For the Capital Markets subindustry, Ionic Digital'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.
Ionic Digital EV-to-OCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ionic Digital's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ionic Digital's EV-to-OCF falls into.
Ionic Digital's current Enterprise Value is $3,232.0 Mil.
Ionic Digital'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 $-25.9 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.
Ionic Digital (IOND) has a EV-to-OCF of -124.62 as of Sep. 17, 2026. According to the industry distribution chart, Ionic Digital ranks #36 out of 805 companies in the Capital Markets industry, placing it in the top 4.5%.
Is Ionic Digital's EV-to-OCF too high?
Ionic Digital's current EV-to-OCF is -124.62. Based on the distribution chart, Ionic Digital ranks #36 out of 805 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Ionic Digital has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Digital's EV-to-OCF compare to CLSK and ETOR?
According to the Capital Markets industry distribution chart, Ionic Digital ranks #36 out of 805 companies for EV-to-OCF. This places Ionic Digital in the top 5% of its industry — outperforming the majority of peers. 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 Capital Markets company?
A good EV-to-OCF depends on the Capital Markets industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. Ionic Digital's current EV-to-OCF is -124.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Digital stock overvalued right now?
Ionic Digital (IOND) has a current EV-to-OCF of -124.62. The current EV-to-OCF is -124.62. Ionic Digital's overall GF Score™ is 13/100 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 Ionic Digital (IOND), the current EV-to-OCF is -124.62 as of Sep. 17, 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IOND has been successfully added to your 
