Cloudflare (MEX:NET) EV-to-OCF: 133.25 (As of Jul. 05, 2026) — 20% Above Median


MEX:NET Cloudflare Inc MEX:NET
63 GF Score
Price MXN4,200.00
GF Value MXN2,970.89
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Cloudflare EV-to-OCF?

Cloudflare MEX:NET 63 EV-to-OCF is 133.25 as of Jul. 05, 2026, which is 20% above its 10-year median of 111.03. GuruFocus rates MEX:NET with a GF Score™ of 63/100 and a GF Value™ of MXN2,970.89 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,866 Software companies, Cloudflare ranks worse than 96.58% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Cloudflare's Enterprise Value is MXN1,496,158 Mil. Cloudflare's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN11,228 Mil. Therefore, Cloudflare's EV-to-OCF for today is 133.25.

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

MEX:NET' s EV-to-OCF Range Over the Past 10 Years
Min: -1486.21   Med: 111.03   Max: 6995.1
Current: 138.72

During the past 10 years, the highest EV-to-OCF of Cloudflare was 6995.10. The lowest was -1486.21. And the median was 111.03.

MEX:NET's EV-to-OCF is ranked worse than
96.58% of 2866 companies
in the Software industry
Industry Median: 6.755 vs MEX:NET: 138.72

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 (2026-07-05), Cloudflare's stock price is MXN4200.00. Cloudflare's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN-4.639. Therefore, Cloudflare's PE Ratio (TTM) for today is At Loss.


Cloudflare  (MEX:NET) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4200.00/-4.639
=At Loss

Cloudflare's share price for today is MXN4200.00.
Cloudflare'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 MXN-4.639.

* 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.


Cloudflare EV-to-OCF Related Terms


Cloudflare EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Cloudflare'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.

Cloudflare EV-to-OCF Chart

Cloudflare 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 650.08 120.15 109.53 96.58 114.06

Cloudflare Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 85.30 141.81 138.16 114.06 117.40

MEX:NET vs SNPS, FTNT, CRWV: EV-to-OCF Comparison

For the Software - Infrastructure subindustry, Cloudflare'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.


Cloudflare EV-to-OCF vs Software Industry

For the Software industry and Technology sector, Cloudflare's EV-to-OCF distribution charts can be found below:

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


MEX:NET
63GF Score
Cloudflare Inc MEX:NET
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cloudflare EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1496158.430/11228.417
=133.25

Cloudflare's current Enterprise Value is MXN1,496,158 Mil.
Cloudflare'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 MXN11,228 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 133.25 mean?
Cloudflare (MEX:NET) has a EV-to-OCF of 133.25 as of Jul. 05, 2026. This is 20% above median its historical median of 111.03. According to the industry distribution chart, Cloudflare ranks #2768 out of 2866 companies in the Software industry, placing it in the top 96.6%.
Is Cloudflare's EV-to-OCF too high?
Cloudflare's current EV-to-OCF of 133.25 is 20% above median its 10-year median of 111.03. The Software industry median EV-to-OCF is 6.76. Cloudflare's value of 133.25 is 1872.6% above this industry median. Based on the distribution chart, Cloudflare ranks #2768 out of 2866 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Cloudflare has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cloudflare's EV-to-OCF compare to SNPS and FTNT?
According to the Software industry distribution chart, Cloudflare ranks #2768 out of 2866 companies for EV-to-OCF. This places Cloudflare in the lower half of its industry. The industry median EV-to-OCF is 6.76. Cloudflare's value of 133.25 is 1872.6% above this benchmark. While the company's 10-year median is 111.03 vs. the industry median of 6.76, Cloudflare 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 6.76, based on 2,866 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. Cloudflare's current EV-to-OCF of 133.25 is 1872.6% 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 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cloudflare's current EV-to-OCF is 133.25, which is 20% above median its own 10-year median of 111.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cloudflare stock overvalued right now?
Based on GuruFocus' analysis, Cloudflare (MEX:NET) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,970.89, compared to a current price of MXN4,200.00 — trading 41.4% above its estimated fair value. The current EV-to-OCF is 133.25, which is 20% above median its 10-year median of 111.03 and 1872.6% above the Software industry median of 6.76. Cloudflare's overall GF Score™ is 63/100 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 Cloudflare (MEX:NET), the current EV-to-OCF is 133.25 as of Jul. 05, 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 Cloudflare (MEX:NET) Overvalued in 2026?

Based on GuruFocus' analysis, Cloudflare stock appears to be overvalued. The current stock price of MXN4,200.00 is trading 41.4% above its estimated GF Value™ of MXN2,970.89. GuruFocus considers Cloudflare to be Modestly Overvalued.

Key valuation signals for MEX:NET:

  • EV-to-OCF: 133.25 (20% above median its 10-year median of 111.03)
  • GF Value™: MXN2,970.89 vs. price of MXN4,200.00 (41.4% above fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 1872.6% above the Software median (#2768 of 2866)

No single metric tells the full story. See the MEX:NET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cloudflare Business Description

Address 101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, builds on this infrastructure by enabling clients to deploy and run code without the need to manage or maintain servers.
63GF Score

Get the complete analysis for MEX:NET

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

MXN4,200.00
Price
MXN2,970.89
GF Value