NDCVF (Nordic Semiconductor ASA) EV-to-OCF: 66.53 (As of Aug. 13, 2026) — 91% Above Median

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.

NDCVF Nordic Semiconductor ASA NDCVF
88 GF Score
Price $17.78
GF Value $16.66
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Nordic Semiconductor ASA EV-to-OCF?

Nordic Semiconductor ASA NDCVF 88 EV-to-OCF is 66.53 as of Aug. 13, 2026, which is 91% above its 10-year median of 34.85. GuruFocus rates NDCVF with a GF Score™ of 88/100 and a GF Value™ of $16.66 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,031 Semiconductors companies, Nordic Semiconductor ASA ranks worse than 82.35% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nordic Semiconductor ASA's Enterprise Value is $3,412.5 Mil. Nordic Semiconductor ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $51.3 Mil. Therefore, Nordic Semiconductor ASA's EV-to-OCF for today is 66.53.

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

NDCVF' s EV-to-OCF Range Over the Past 10 Years
Min: -132.51   Med: 34.85   Max: 73638.07
Current: 63.97

During the past 13 years, the highest EV-to-OCF of Nordic Semiconductor ASA was 73638.07. The lowest was -132.51. And the median was 34.85.

NDCVF's EV-to-OCF is ranked worse than
82.35% of 1031 companies
in the Semiconductors industry
Industry Median: 13.91 vs NDCVF: 63.97

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), Nordic Semiconductor ASA's stock price is $17.78. Nordic Semiconductor ASA's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.160. Therefore, Nordic Semiconductor ASA's PE Ratio (TTM) for today is 111.13.


Nordic Semiconductor ASA  (OTCPK:NDCVF) 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.

Nordic Semiconductor ASA's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=17.78/0.160
=111.13

Nordic Semiconductor ASA's share price for today is $17.78.
Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA EV-to-OCF Related Terms


Nordic Semiconductor ASA EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor ASA'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.

Nordic Semiconductor ASA EV-to-OCF Chart

Nordic Semiconductor ASA 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 63.33 19.78 -18.19 26.16 21.35

Nordic Semiconductor ASA 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 15.61 17.80 21.35 35.04 68.99

NDCVF vs NVDA, AVGO, MU: EV-to-OCF Comparison

For the Semiconductors subindustry, Nordic Semiconductor ASA'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.


Nordic Semiconductor ASA EV-to-OCF vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Nordic Semiconductor ASA's EV-to-OCF distribution charts can be found below:

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


NDCVF
88GF Score
Nordic Semiconductor ASA NDCVF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Semiconductor ASA EV-to-OCF Calculation

Nordic Semiconductor ASA's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3412.450/51.292
=66.53

Nordic Semiconductor ASA's current Enterprise Value is $3,412.5 Mil.
Nordic Semiconductor ASA'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 $51.3 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 66.53 mean?
Nordic Semiconductor ASA (NDCVF) has a EV-to-OCF of 66.53 as of Aug. 13, 2026. This is 91% above median its historical median of 34.85. According to the industry distribution chart, Nordic Semiconductor ASA ranks #849 out of 1031 companies in the Semiconductors industry, placing it in the top 82.3%.
Is Nordic Semiconductor ASA's EV-to-OCF too high?
Nordic Semiconductor ASA's current EV-to-OCF of 66.53 is 91% above median its 10-year median of 34.85. The Semiconductors industry median EV-to-OCF is 13.91. Nordic Semiconductor ASA's value of 66.53 is 378.3% above this industry median. Based on the distribution chart, Nordic Semiconductor ASA ranks #849 out of 1031 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Nordic Semiconductor ASA has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's EV-to-OCF compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Nordic Semiconductor ASA ranks #849 out of 1031 companies for EV-to-OCF. This places Nordic Semiconductor ASA in the lower half of its industry. The industry median EV-to-OCF is 13.91. Nordic Semiconductor ASA's value of 66.53 is 378.3% above this benchmark. While the company's 10-year median is 34.85 vs. the industry median of 13.91, Nordic Semiconductor ASA 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 Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 13.91, based on 1,031 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. Nordic Semiconductor ASA's current EV-to-OCF of 66.53 is 378.3% 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 Semiconductors industry, the median EV-to-OCF is 13.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Semiconductor ASA's current EV-to-OCF is 66.53, which is 91% above median its own 10-year median of 34.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (NDCVF) is currently considered Fairly Valued. The stock's GF Value™ is $16.66, compared to a current price of $17.78 — trading 6.7% above its estimated fair value. The current EV-to-OCF is 66.53, which is 91% above median its 10-year median of 34.85 and 378.3% above the Semiconductors industry median of 13.91. Nordic Semiconductor ASA's overall GF Score™ is 88/100 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 Nordic Semiconductor ASA (NDCVF), the current EV-to-OCF is 66.53 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 Nordic Semiconductor ASA (NDCVF) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of $17.78 is trading 6.7% above its estimated GF Value™ of $16.66. GuruFocus considers Nordic Semiconductor ASA to be Fairly Valued.

Key valuation signals for NDCVF:

  • EV-to-OCF: 66.53 (91% above median its 10-year median of 34.85)
  • GF Value™: $16.66 vs. price of $17.78 (6.7% above fair value)
  • GF Score™: 88/100 with 5 warning signs
  • Industry Position: 378.3% above the Semiconductors median (#849 of 1031)

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


Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
88GF Score

Get the complete analysis for NDCVF

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

$17.78
Price
$16.66
GF Value