Dev Information Technology (NSE:DEVIT) EV-to-OCF: (As of Jul. 20, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:DEVIT Dev Information Technology Ltd NSE:DEVIT
74 GF Score
Price ₹27.26
GF Value ₹57.08
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Dev Information Technology EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Dev Information Technology's Enterprise Value is ₹1,780 Mil. Dev Information Technology's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Dev Information Technology's EV-to-OCF for today is .

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

NSE:DEVIT' s EV-to-OCF Range Over the Past 10 Years
Min: -83.22   Med: 0   Max: -83.22
Current: -83.22

During the past 13 years, the highest EV-to-OCF of Dev Information Technology was -83.22. The lowest was -83.22. And the median was .

NSE:DEVIT's EV-to-OCF is ranked better than
94.86% of 2878 companies
in the Software industry
Industry Median: 6.655 vs NSE:DEVIT: -83.22

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 (2026-07-20), Dev Information Technology's stock price is ₹27.26. Dev Information Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13.252. Therefore, Dev Information Technology's PE Ratio (TTM) for today is 2.06.


Dev Information Technology  (NSE:DEVIT) 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.

Dev Information Technology's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=27.26/13.252
=2.06

Dev Information Technology's share price for today is ₹27.26.
Dev Information Technology'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 ₹13.252.

* 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.


Dev Information Technology EV-to-OCF Related Terms


Dev Information Technology EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Dev Information Technology'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.

Dev Information Technology EV-to-OCF Chart

Dev Information Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.19 -128.74 -304.39 -30.31 -72.60

Dev Information Technology 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 -30.31 0.00 0.00 0.00 -72.60

NSE:DEVIT vs IBM, ACN, FISV: EV-to-OCF Comparison

For the Information Technology Services subindustry, Dev Information Technology'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.


Dev Information Technology EV-to-OCF vs Software Industry

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

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


NSE:DEVIT
74GF Score
Dev Information Technology Ltd NSE:DEVIT
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dev Information Technology EV-to-OCF Calculation

Dev Information Technology's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1779.917/0
=

Dev Information Technology's current Enterprise Value is ₹1,780 Mil.
Dev Information Technology'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 ₹0 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.

Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued. The current stock price of ₹27.26 is trading 52.2% below its estimated GF Value™ of ₹57.08. GuruFocus considers Dev Information Technology to be Possible Value Trap.

Key valuation signals for NSE:DEVIT:

  • EV-to-OCF:
  • GF Value™: ₹57.08 vs. price of ₹27.26 (52.2% below fair value)
  • GF Score™: 74/100 with 4 warning signs

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


Dev Information Technology Business Description

Other Exchanges 543462:India
Address Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
74GF Score

Get the complete analysis for NSE:DEVIT

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

₹27.26
Price
₹57.08
GF Value