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DropboxMEX:DBX 62 EV-to-OCF is 9.86 as of Aug. 13, 2026, which is 26% below its 10-year median of 13.35. GuruFocus rates MEX:DBX with a GF Score™ of 62/100 and a GF Value™ of MXN626.49 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,874 Software companies, Dropbox ranks worse than 60.79% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Dropbox's Enterprise Value is MXN173,745 Mil.
Dropbox's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was MXN17,630 Mil. Therefore, Dropbox's EV-to-OCF for today is 9.86.
The historical rank and industry rank for Dropbox's EV-to-OCF or its related term are showing as below:
MEX:DBX'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.92 Med: 13.35 Max: 38.27
Current: 10.38
During the past 11 years, the highest EV-to-OCF of Dropbox was 38.27. The lowest was 7.92. And the median was 13.35.
MEX:DBX's EV-to-OCF is ranked worse than 60.79% of 2874
companies
in the Software industry
Industry Median: 6.97
vs MEX:DBX: 10.38
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 (2026-08-13), Dropbox's stock price is MXN594.00.
Dropbox's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was MXN32.284. Therefore, Dropbox's PE Ratio (TTM) for today is 18.40.
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.
Dropbox's share price for today is MXN594.00.
Dropbox'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 MXN32.284.
* 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.
Dropbox EV-to-OCF Related Terms
Dropbox EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Dropbox'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, Dropbox'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.
Dropbox EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Dropbox's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Dropbox's EV-to-OCF falls into.
Dropbox's current Enterprise Value is MXN173,745 Mil.
Dropbox'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 MXN17,630 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.
Dropbox (MEX:DBX) has a EV-to-OCF of 9.86 as of Aug. 13, 2026. This is 26% below median its historical median of 13.35. Over the past decade, Dropbox's EV-to-OCF has ranged from 7.92 to 38.27. According to the industry distribution chart, Dropbox ranks #1747 out of 2874 companies in the Software industry, placing it in the top 60.8%.
Is Dropbox's EV-to-OCF too high?
Dropbox's current EV-to-OCF of 9.86 is 26% below median its 10-year median of 13.35. Over the past 10 years, this metric has ranged from a low of 7.92 to a high of 38.27. The Software industry median EV-to-OCF is 6.97. Dropbox's value of 9.86 is 41.5% above this industry median. Based on the distribution chart, Dropbox ranks #1747 out of 2874 companies in the Software industry, which is below the industry midpoint. Overall, Dropbox has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dropbox's EV-to-OCF compare to MBGL and CORZ?
According to the Software industry distribution chart, Dropbox ranks #1747 out of 2874 companies for EV-to-OCF. This places Dropbox in the lower half of its industry. The industry median EV-to-OCF is 6.97. Dropbox's value of 9.86 is 41.5% above this benchmark. Historically, Dropbox's own EV-to-OCF has ranged from 7.92 to 38.27 over the past decade. While the company's 10-year median is 13.35 vs. the industry median of 6.97, Dropbox 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 6.97, based on 2,874 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. Dropbox's current EV-to-OCF of 9.86 is 41.5% 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 6.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dropbox's current EV-to-OCF is 9.86, which is 26% below median its own 10-year median of 13.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dropbox stock overvalued right now?
Based on GuruFocus' analysis, Dropbox (MEX:DBX) is currently considered Fairly Valued. The stock's GF Value™ is MXN626.49, compared to a current price of MXN594.00 — trading 5.2% below its estimated fair value. The current EV-to-OCF is 9.86, which is 26% below median its 10-year median of 13.35 and 41.5% above the Software industry median of 6.97. Dropbox's overall GF Score™ is 62/100 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 Dropbox (MEX:DBX), the current EV-to-OCF is 9.86 as of Aug. 13, 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 Dropbox (MEX:DBX) Overvalued in 2026?
Based on GuruFocus' analysis, Dropbox stock appears to be undervalued.
The current stock price of MXN594.00 is trading 5.2% below its estimated GF Value™ of MXN626.49.
GuruFocus considers Dropbox to be Fairly Valued.
Key valuation signals for MEX:DBX:
EV-to-OCF: 9.86 (26% below median its 10-year median of 13.35)
GF Value™: MXN626.49 vs. price of MXN594.00 (5.2% below fair value)
Industry Position: 41.5% above the Software median (#1747 of 2874)
No single metric tells the full story. See the MEX:DBX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dropbox provides cloud storage and content collaboration tools, focusing on individuals and small to midsize businesses. Founded in 2007, Dropbox was a pioneer in the file sync and share market. In recent years, the firm has been emphasizing its Dash product, which facilitates AI-powered universal search across unstructured cloud data.
62GF Score
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