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LightAir ABNGM:LAIR -1.00%34 EV-to-OCF is -3.10 as of Aug. 29, 2026. GuruFocus rates NGM:LAIR with a GF Score™ of 34/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 3,086 Industrial Products companies, LightAir AB ranks better than 75.7% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, LightAir AB's Enterprise Value is kr18.59 Mil.
LightAir AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.00 Mil. Therefore, LightAir AB's EV-to-OCF for today is -3.10.
The historical rank and industry rank for LightAir AB's EV-to-OCF or its related term are showing as below:
NGM:LAIR'
s EV-to-OCF Range Over the Past 10 Years
Min: -13.7 Med: -1.55 Max: 1.78
Current: -3.49
During the past 13 years, the highest EV-to-OCF of LightAir AB was 1.78. The lowest was -13.70. And the median was -1.55.
NGM:LAIR's EV-to-OCF is ranked better than 75.7% of 3086
companies
in the Industrial Products industry
Industry Median: 11.365
vs NGM:LAIR: -3.49
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.
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.
LightAir AB's PE Ratio (TTM) for today is calculated as:
LightAir AB's share price for today is kr0.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was kr-0.734.
* 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.
LightAir AB EV-to-OCF Related Terms
LightAir AB EV-to-OCF Historical Data
* Premium members only.
The historical data trend for LightAir AB'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 Pollution & Treatment Controls subindustry, LightAir AB'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.
LightAir AB EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LightAir AB's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where LightAir AB's EV-to-OCF falls into.
LightAir AB's current Enterprise Value is kr18.59 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. LightAir AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was kr-6.00 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.
LightAir AB (NGM:LAIR) has a EV-to-OCF of -3.10 as of Aug. 29, 2026. According to the industry distribution chart, LightAir AB ranks #750 out of 3086 companies in the Industrial Products industry, placing it in the top 24.3%.
Is LightAir AB's EV-to-OCF too high?
LightAir AB's current EV-to-OCF is -3.10. Based on the distribution chart, LightAir AB ranks #750 out of 3086 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, LightAir AB has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's EV-to-OCF compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, LightAir AB ranks #750 out of 3086 companies for EV-to-OCF. This places LightAir AB in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 11.37. 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 Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.37, based on 3,086 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 Industrial Products industry, the median EV-to-OCF is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightAir AB's current EV-to-OCF is -3.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.99 — trading 253.6% above its estimated fair value. The current EV-to-OCF is -3.10. LightAir AB's overall GF Score™ is 34/100 with 6 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 LightAir AB (NGM:LAIR), the current EV-to-OCF is -3.10 as of Aug. 29, 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 LightAir AB (NGM:LAIR) Overvalued in 2026?
Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued.
The current stock price of kr0.99 is trading 253.6% above its estimated GF Value™ of kr0.28.
GuruFocus considers LightAir AB to be Significantly Overvalued.
Key valuation signals for NGM:LAIR:
EV-to-OCF: -3.10
GF Value™: kr0.28 vs. price of kr0.99 (253.6% above fair value)
No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
34GF Score
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