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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, New Fortress Energy's Enterprise Value is $8,706 Mil.
New Fortress Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $-525 Mil. Therefore, New Fortress Energy's EV-to-OCF for today is -16.57.
The historical rank and industry rank for New Fortress Energy's EV-to-OCF or its related term are showing as below:
NFE'
s EV-to-OCF Range Over the Past 10 Years
Min: -84.55 Med: -4.41 Max: 185.77
Current: -12.53
During the past 10 years, the highest EV-to-OCF of New Fortress Energy was 185.77. The lowest was -84.55. And the median was -4.41.
NFE's EV-to-OCF is ranked better than 85.83% of 1023
companies
in the Oil & Gas industry
Industry Median: 5.65
vs NFE: -12.53
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.
New Fortress Energy (NAS:NFE) 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.
New Fortress Energy's PE Ratio (TTM) for today is calculated as:
New Fortress Energy's share price for today is $0.34675.
New Fortress Energy'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 $-7.300.
* 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.
New Fortress Energy EV-to-OCF Related Terms
New Fortress Energy EV-to-OCF Historical Data
* Premium members only.
The historical data trend for New Fortress Energy'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 Oil & Gas Midstream subindustry, New Fortress Energy'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.
New Fortress Energy EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, New Fortress Energy's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where New Fortress Energy's EV-to-OCF falls into.
New Fortress Energy's current Enterprise Value is $8,706 Mil.
New Fortress Energy'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 $-525 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.
New Fortress Energy (NFE) has a EV-to-OCF of -16.57 as of Aug. 07, 2026. According to the industry distribution chart, New Fortress Energy ranks #145 out of 1023 companies in the Oil & Gas industry, placing it in the top 14.2%.
Is New Fortress Energy's EV-to-OCF too high?
New Fortress Energy's current EV-to-OCF is -16.57. Based on the distribution chart, New Fortress Energy ranks #145 out of 1023 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, New Fortress Energy has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's EV-to-OCF compare to MMLP and DLNG?
According to the Oil & Gas industry distribution chart, New Fortress Energy ranks #145 out of 1023 companies for EV-to-OCF. This places New Fortress Energy in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.65. 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.65, based on 1,023 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 Oil & Gas industry, the median EV-to-OCF is 5.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Fortress Energy's current EV-to-OCF is -16.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $4.34, compared to a current price of $0.35 — trading 92% below its estimated fair value. The current EV-to-OCF is -16.57. New Fortress Energy's overall GF Score™ is 50/100 with 10 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 New Fortress Energy (NFE), the current EV-to-OCF is -16.57 as of Aug. 07, 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 New Fortress Energy (NFE) Overvalued in 2026?
Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued.
The current stock price of $0.35 is trading 92% below its estimated GF Value™ of $4.34.
GuruFocus considers New Fortress Energy to be Possible Value Trap.
Key valuation signals for NFE:
EV-to-OCF: -16.57
GF Value™: $4.34 vs. price of $0.35 (92% below fair value)
No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
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