Virgin Galactic Holdings (MIL:1SPCE) EV-to-OCF: -2.77 (As of Aug. 12, 2026)

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Director of Data and Quant Analytics at GuruFocus
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MIL:1SPCE Virgin Galactic Holdings Inc MIL:1SPCE
22 GF Score
Price €2.79
GF Value €1.20
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Virgin Galactic Holdings EV-to-OCF?

Virgin Galactic Holdings MIL:1SPCE +3.64% 22 EV-to-OCF is -2.77 as of Aug. 12, 2026. GuruFocus rates MIL:1SPCE with a GF Score™ of 22/100 and a GF Value™ of €1.20 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 358 Aerospace & Defense companies, Virgin Galactic Holdings ranks better than 68.72% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Virgin Galactic Holdings's Enterprise Value is €517.82 Mil. Virgin Galactic Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €-187.13 Mil. Therefore, Virgin Galactic Holdings's EV-to-OCF for today is -2.77.

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

MIL:1SPCE' s EV-to-OCF Range Over the Past 10 Years
Min: -53.94   Med: -1.67   Max: 0.61
Current: -2.75

During the past 9 years, the highest EV-to-OCF of Virgin Galactic Holdings was 0.61. The lowest was -53.94. And the median was -1.67.

MIL:1SPCE's EV-to-OCF is ranked better than
68.72% of 358 companies
in the Aerospace & Defense industry
Industry Median: 14.44 vs MIL:1SPCE: -2.75

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 (2026-08-12), Virgin Galactic Holdings's stock price is €2.788. Virgin Galactic Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €-3.741. Therefore, Virgin Galactic Holdings's PE Ratio (TTM) for today is At Loss.


Virgin Galactic Holdings  (MIL:1SPCE) 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.

Virgin Galactic Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.788/-3.741
=At Loss

Virgin Galactic Holdings's share price for today is €2.788.
Virgin Galactic Holdings'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 €-3.741.

* 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.


Virgin Galactic Holdings EV-to-OCF Related Terms


Virgin Galactic Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Virgin Galactic Holdings'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.

Virgin Galactic Holdings EV-to-OCF Chart

Virgin Galactic Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only -12.35 -1.22 -1.17 -0.14 -1.05

Virgin Galactic Holdings 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 -0.17 -0.36 -1.01 -1.05 -1.37

MIL:1SPCE vs MRLN, BUKS, ISSC: EV-to-OCF Comparison

For the Aerospace & Defense subindustry, Virgin Galactic Holdings'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.


Virgin Galactic Holdings EV-to-OCF vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Virgin Galactic Holdings's EV-to-OCF distribution charts can be found below:

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


MIL:1SPCE
22GF Score
Virgin Galactic Holdings Inc MIL:1SPCE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Virgin Galactic Holdings EV-to-OCF Calculation

Virgin Galactic Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=517.820/-187.134
=-2.77

Virgin Galactic Holdings's current Enterprise Value is €517.82 Mil.
Virgin Galactic Holdings'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 €-187.13 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 -2.77 mean?
Virgin Galactic Holdings (MIL:1SPCE) has a EV-to-OCF of -2.77 as of Aug. 12, 2026. According to the industry distribution chart, Virgin Galactic Holdings ranks #112 out of 358 companies in the Aerospace & Defense industry, placing it in the top 31.3%.
Is Virgin Galactic Holdings' EV-to-OCF too high?
Virgin Galactic Holdings' current EV-to-OCF is -2.77. Based on the distribution chart, Virgin Galactic Holdings ranks #112 out of 358 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Virgin Galactic Holdings has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Virgin Galactic Holdings' EV-to-OCF compare to MRLN and BUKS?
According to the Aerospace & Defense industry distribution chart, Virgin Galactic Holdings ranks #112 out of 358 companies for EV-to-OCF. This puts Virgin Galactic Holdings in the upper half of its industry. The industry median EV-to-OCF is 14.44. 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 an Aerospace & Defense company?
The median EV-to-OCF among Aerospace & Defense companies is 14.44, based on 358 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 Aerospace & Defense industry, the median EV-to-OCF is 14.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virgin Galactic Holdings's current EV-to-OCF is -2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virgin Galactic Holdings stock overvalued right now?
Based on GuruFocus' analysis, Virgin Galactic Holdings (MIL:1SPCE) is currently considered Significantly Overvalued. The stock's GF Value™ is €1.20, compared to a current price of €2.79 — trading 132.3% above its estimated fair value. The current EV-to-OCF is -2.77. Virgin Galactic Holdings' overall GF Score™ is 22/100 with 5 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 Virgin Galactic Holdings (MIL:1SPCE), the current EV-to-OCF is -2.77 as of Aug. 12, 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 Virgin Galactic Holdings (MIL:1SPCE) Overvalued in 2026?

Based on GuruFocus' analysis, Virgin Galactic Holdings stock appears to be overvalued. The current stock price of €2.79 is trading 132.3% above its estimated GF Value™ of €1.20. GuruFocus considers Virgin Galactic Holdings to be Significantly Overvalued.

Key valuation signals for MIL:1SPCE:

  • EV-to-OCF: -2.77
  • GF Value™: €1.20 vs. price of €2.79 (132.3% above fair value)
  • GF Score™: 22/100 with 5 warning signs

No single metric tells the full story. See the MIL:1SPCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virgin Galactic Holdings Business Description

Address 1700 Flight Way, Tustin, CA, USA, 92782
Virgin Galactic Holdings Inc is a United States-based vertically integrated aerospace company pioneering human spaceflight for private individuals & researchers, and it also manufactures air and space vehicles. Using technologies, the company is developing a spaceflight system designed to offer its customers a multi-day and transformative experience. This culminates in a spaceflight that includes views of Earth from space and several minutes of weightlessness that will launch from Spaceport America, New Mexico.
22GF Score

Get the complete analysis for MIL:1SPCE

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

€2.79
Price
€1.20
GF Value