LWLG (Lightwave Logic) EV-to-OCF: -45.99 (As of Aug. 30, 2026)

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.

LWLG Lightwave Logic Inc LWLG
34 GF Score
Price $5.49
! 3 Warning Signs
View Full Analysis

What is Lightwave Logic EV-to-OCF?

Lightwave Logic LWLG -6.47% 34 EV-to-OCF is -45.99 as of Aug. 30, 2026. GuruFocus rates LWLG with a GF Score™ of 34/100. The stock has 3 warning signs investors should review. Among 1,610 Chemicals companies, Lightwave Logic ranks better than 91.68% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Lightwave Logic's Enterprise Value is $752.97 Mil. Lightwave Logic's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-16.37 Mil. Therefore, Lightwave Logic's EV-to-OCF for today is -45.99.

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

LWLG' s EV-to-OCF Range Over the Past 10 Years
Min: -164.84   Med: -63.34   Max: -27.62
Current: -45.99

During the past 13 years, the highest EV-to-OCF of Lightwave Logic was -27.62. The lowest was -164.84. And the median was -63.34.

LWLG's EV-to-OCF is ranked better than
91.68% of 1610 companies
in the Chemicals industry
Industry Median: 11.48 vs LWLG: -45.99

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 (2026-08-30), Lightwave Logic's stock price is $5.49. Lightwave Logic's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.160. Therefore, Lightwave Logic's PE Ratio (TTM) for today is At Loss.


Lightwave Logic  (NAS:LWLG) 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.

Lightwave Logic's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.49/-0.160
=At Loss

Lightwave Logic's share price for today is $5.49.
Lightwave Logic'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 $-0.160.

* 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.


Lightwave Logic EV-to-OCF Related Terms


Lightwave Logic EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Lightwave Logic'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.

Lightwave Logic EV-to-OCF Chart

Lightwave Logic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -157.43 -43.94 -45.75 -15.05 -29.59

Lightwave Logic Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -9.82 -33.90 -29.59 -68.82 -83.38

LWLG vs KOP, KRO, SCL: EV-to-OCF Comparison

For the Specialty Chemicals subindustry, Lightwave Logic'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.


Lightwave Logic EV-to-OCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lightwave Logic's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Lightwave Logic's EV-to-OCF falls into.


LWLG
34GF Score
Lightwave Logic Inc LWLG
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lightwave Logic EV-to-OCF Calculation

Lightwave Logic's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=752.971/-16.371
=-45.99

Lightwave Logic's current Enterprise Value is $752.97 Mil.
Lightwave Logic'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 $-16.37 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 -45.99 mean?
Lightwave Logic (LWLG) has a EV-to-OCF of -45.99 as of Aug. 30, 2026. According to the industry distribution chart, Lightwave Logic ranks #134 out of 1610 companies in the Chemicals industry, placing it in the top 8.3%.
Is Lightwave Logic's EV-to-OCF too high?
Lightwave Logic's current EV-to-OCF is -45.99. Based on the distribution chart, Lightwave Logic ranks #134 out of 1610 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Lightwave Logic has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Lightwave Logic's EV-to-OCF compare to KOP and KRO?
According to the Chemicals industry distribution chart, Lightwave Logic ranks #134 out of 1610 companies for EV-to-OCF. This places Lightwave Logic in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 11.48. 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 Chemicals company?
The median EV-to-OCF among Chemicals companies is 11.48, based on 1,610 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. 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 Chemicals industry, the median EV-to-OCF is 11.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lightwave Logic's current EV-to-OCF is -45.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lightwave Logic stock overvalued right now?
Lightwave Logic (LWLG) has a current EV-to-OCF of -45.99. The current EV-to-OCF is -45.99. Lightwave Logic's overall GF Score™ is 34/100 with 3 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 Lightwave Logic (LWLG), the current EV-to-OCF is -45.99 as of Aug. 30, 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.

Lightwave Logic Business Description

Address 369 Inverness Parkway, Suite 350, Englewood, CO, USA, 80112
Lightwave Logic Inc is a specialty materials and intellectual property company focused on the development and commercialization of proprietary electro-optic (EO) polymer materials designed to enable high-speed optical modulators for data communications and other photonic applications. Its Perkinamine family of EO polymers is designed for integration into silicon photonics (SiPh) and other photonic integrated circuit (PIC) platforms, supporting high-speed optical modulation with lower drive voltage requirements compared with some conventional silicon-based and III-V compound semiconductor approaches. The company operates as a single reportable segment.
34GF Score

Get the complete analysis for LWLG

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

$5.49
Price