Toast (MEX:TOST) EV-to-OCF: 20.19 (As of Jul. 23, 2026) — 38% Below Median

Author: Vera Yuan Vera Yuan
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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.
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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.

MEX:TOST Toast Inc MEX:TOST
84 GF Score
Price MXN515.00
GF Value MXN700.28
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Toast EV-to-OCF?

Toast MEX:TOST 84 EV-to-OCF is 20.19 as of Jul. 23, 2026, which is 38% below its 10-year median of 32.38. GuruFocus rates MEX:TOST with a GF Score™ of 84/100 and a GF Value™ of MXN700.28 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 2,877 Software companies, Toast ranks worse than 79.84% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Toast's Enterprise Value is MXN264,434 Mil. Toast's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was MXN13,099 Mil. Therefore, Toast's EV-to-OCF for today is 20.19.

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

MEX:TOST' s EV-to-OCF Range Over the Past 10 Years
Min: -2387.44   Med: 32.38   Max: 8218.44
Current: 22.22

During the past 7 years, the highest EV-to-OCF of Toast was 8218.44. The lowest was -2387.44. And the median was 32.38.

MEX:TOST's EV-to-OCF is ranked worse than
79.84% of 2877 companies
in the Software industry
Industry Median: 6.65 vs MEX:TOST: 22.22

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 (2026-07-23), Toast's stock price is MXN515.00. Toast's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN11.875. Therefore, Toast's PE Ratio (TTM) for today is 43.37.


Toast  (MEX:TOST) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=515.00/11.875
=43.37

Toast's share price for today is MXN515.00.
Toast'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 MXN11.875.

* 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.


Toast EV-to-OCF Related Terms


Toast EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Toast'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.

Toast EV-to-OCF Chart

Toast Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial 8,218.44 -54.51 65.36 54.05 28.66

Toast 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 38.48 43.10 31.91 28.66 19.08

MEX:TOST vs AKAM, RBRK, GEN: EV-to-OCF Comparison

For the Software - Infrastructure subindustry, Toast'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.


Toast EV-to-OCF vs Software Industry

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

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


MEX:TOST
84GF Score
Toast Inc MEX:TOST
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Toast EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=264433.970/13099.127
=20.19

Toast's current Enterprise Value is MXN264,434 Mil.
Toast'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 MXN13,099 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 20.19 mean?
Toast (MEX:TOST) has a EV-to-OCF of 20.19 as of Jul. 23, 2026. This is 38% below median its historical median of 32.38. According to the industry distribution chart, Toast ranks #2297 out of 2877 companies in the Software industry, placing it in the top 79.8%.
Is Toast's EV-to-OCF too high?
Toast's current EV-to-OCF of 20.19 is 38% below median its 10-year median of 32.38. The Software industry median EV-to-OCF is 6.65. Toast's value of 20.19 is 203.6% above this industry median. Based on the distribution chart, Toast ranks #2297 out of 2877 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Toast has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Toast's EV-to-OCF compare to AKAM and RBRK?
According to the Software industry distribution chart, Toast ranks #2297 out of 2877 companies for EV-to-OCF. This places Toast in the lower half of its industry. The industry median EV-to-OCF is 6.65. Toast's value of 20.19 is 203.6% above this benchmark. While the company's 10-year median is 32.38 vs. the industry median of 6.65, Toast 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 6.65, based on 2,877 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. Toast's current EV-to-OCF of 20.19 is 203.6% 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 6.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Toast's current EV-to-OCF is 20.19, which is 38% below median its own 10-year median of 32.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Toast stock overvalued right now?
Based on GuruFocus' analysis, Toast (MEX:TOST) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN700.28, compared to a current price of MXN515.00 — trading 26.5% below its estimated fair value. The current EV-to-OCF is 20.19, which is 38% below median its 10-year median of 32.38 and 203.6% above the Software industry median of 6.65. Toast's overall GF Score™ is 84/100 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 Toast (MEX:TOST), the current EV-to-OCF is 20.19 as of Jul. 23, 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 Toast (MEX:TOST) Overvalued in 2026?

Based on GuruFocus' analysis, Toast stock appears to be undervalued. The current stock price of MXN515.00 is trading 26.5% below its estimated GF Value™ of MXN700.28. GuruFocus considers Toast to be Modestly Undervalued.

Key valuation signals for MEX:TOST:

  • EV-to-OCF: 20.19 (38% below median its 10-year median of 32.38)
  • GF Value™: MXN700.28 vs. price of MXN515.00 (26.5% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 203.6% above the Software median (#2297 of 2877)

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


Toast Business Description

Address 333 Summer Street, Boston, MA, USA, 02210
Toast Inc is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community. The company provides a comprehensive platform of software-as-a-service (SaaS) products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and a broad ecosystem of third-party partners. It serves as a restaurant operating system, connecting front of house and back of house operations across service models such as dine-in, takeout, and delivery. It operates through one reportable segment consisting of its SaaS products, financial technology solutions, integrated payments, hardware, and partner ecosystem.
84GF Score

Get the complete analysis for MEX:TOST

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

MXN515.00
Price
MXN700.28
GF Value