Force Motors (NSE:FORCEMOT) EV-to-OCF: (As of Aug. 26, 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

NSE:FORCEMOT Force Motors Ltd NSE:FORCEMOT
75 GF Score
Price ₹17,431.00
GF Value ₹12,028.31
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Force Motors EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Force Motors's Enterprise Value is ₹207,260 Mil. Force Motors's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, Force Motors's EV-to-OCF for today is .

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

NSE:FORCEMOT' s EV-to-OCF Range Over the Past 10 Years
Min: 16.33   Med: 0   Max: 16.33
Current: 16.33

During the past 13 years, the highest EV-to-OCF of Force Motors was 16.33. The lowest was 16.33. And the median was .

NSE:FORCEMOT's EV-to-OCF is ranked worse than
69.48% of 1337 companies
in the Vehicles & Parts industry
Industry Median: 8.35 vs NSE:FORCEMOT: 16.33

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 (2026-08-26), Force Motors's stock price is ₹17431.00. Force Motors's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹950.090. Therefore, Force Motors's PE Ratio (TTM) for today is 18.35.


Force Motors  (NSE:FORCEMOT) 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.

Force Motors's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=17431.00/950.090
=18.35

Force Motors's share price for today is ₹17431.00.
Force Motors'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 ₹950.090.

* 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.


Force Motors EV-to-OCF Related Terms


Force Motors EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Force Motors'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.

Force Motors EV-to-OCF Chart

Force Motors 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 127.26 3.95 9.29 7.02 17.98

Force Motors 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 0.00 0.00 0.00 17.98 0.00

NSE:FORCEMOT vs TSLA, GM, F: EV-to-OCF Comparison

For the Auto Manufacturers subindustry, Force Motors'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.


Force Motors EV-to-OCF vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Force Motors's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Force Motors's EV-to-OCF falls into.


NSE:FORCEMOT
75GF Score
Force Motors Ltd NSE:FORCEMOT
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Force Motors EV-to-OCF Calculation

Force Motors's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=207259.523/0
=

Force Motors's current Enterprise Value is ₹207,260 Mil.
Force Motors'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 ₹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 Force Motors (NSE:FORCEMOT) Overvalued in 2026?

Based on GuruFocus' analysis, Force Motors stock appears to be overvalued. The current stock price of ₹17,431.00 is trading 44.9% above its estimated GF Value™ of ₹12,028.31. GuruFocus considers Force Motors to be Significantly Overvalued.

Key valuation signals for NSE:FORCEMOT:

  • EV-to-OCF:
  • GF Value™: ₹12,028.31 vs. price of ₹17,431.00 (44.9% above fair value)
  • GF Score™: 75/100 with 1 warning sign

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


Force Motors Business Description

Other Exchanges 500033:India
Address Mumbai-Pune Road, Akurdi, Pune, MH, IND, 411 035
Force Motors Ltd is an automobile manufacturing company domiciled in India. The company principally manufactures small commercial vehicles, including cargo transportation; light commercial vehicles, such as buses and vans; multi-utility vehicles; sports utility vehicles; and agricultural tractors. In addition to vehicle manufacturing operations, Force Motors manufactures products related to the automobile industry, such as diesel engines. Production is largely sold domestically, and the company's manufacturing operations are conducted in domestic plants.
75GF Score

Get the complete analysis for NSE:FORCEMOT

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

₹17,431.00
Price
₹12,028.31
GF Value