Happy Square Outsourcing Services (NSE:WHITEFORCE) EV-to-OCF: -3.03 (As of Aug. 02, 2026)

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NSE:WHITEFORCE Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
18 GF Score
Price ₹35.95
! 5 Warning Signs
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What is Happy Square Outsourcing Services EV-to-OCF?

Happy Square Outsourcing Services NSE:WHITEFORCE +4.96% 18 EV-to-OCF is -3.03 as of Aug. 02, 2026. GuruFocus rates NSE:WHITEFORCE with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 1,091 Business Services companies, Happy Square Outsourcing Services ranks better than 80.84% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Happy Square Outsourcing Services's Enterprise Value is ₹423 Mil. Happy Square Outsourcing Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-139 Mil. Therefore, Happy Square Outsourcing Services's EV-to-OCF for today is -3.03.

The historical rank and industry rank for Happy Square Outsourcing Services's EV-to-OCF or its related term are showing as below:

NSE:WHITEFORCE' s EV-to-OCF Range Over the Past 10 Years
Min: -69.93   Med: -50.15   Max: -2.79
Current: -3.53

During the past 4 years, the highest EV-to-OCF of Happy Square Outsourcing Services was -2.79. The lowest was -69.93. And the median was -50.15.

NSE:WHITEFORCE's EV-to-OCF is ranked better than
80.84% of 1091 companies
in the Business Services industry
Industry Median: 7.11 vs NSE:WHITEFORCE: -3.53

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.

As of today (2026-08-02), Happy Square Outsourcing Services's stock price is ₹35.95. Happy Square Outsourcing Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.158. Therefore, Happy Square Outsourcing Services's PE Ratio (TTM) for today is 6.97.


Happy Square Outsourcing Services  (NSE:WHITEFORCE) 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.

Happy Square Outsourcing Services's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.95/5.158
=6.97

Happy Square Outsourcing Services's share price for today is ₹35.95.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹5.158.

* 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.


Happy Square Outsourcing Services EV-to-OCF Related Terms


Happy Square Outsourcing Services EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Happy Square Outsourcing Services'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.

Happy Square Outsourcing Services EV-to-OCF Chart

Happy Square Outsourcing Services Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EV-to-OCF
0.00 0.00 0.00 -2.79

Happy Square Outsourcing Services Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
EV-to-OCF Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 -2.79

NSE:WHITEFORCE vs KFY, RHI, TNET: EV-to-OCF Comparison

For the Staffing & Employment Services subindustry, Happy Square Outsourcing Services'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.


Happy Square Outsourcing Services EV-to-OCF vs Business Services Industry

For the Business Services industry and Industrials sector, Happy Square Outsourcing Services's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Happy Square Outsourcing Services's EV-to-OCF falls into.


NSE:WHITEFORCE
18GF Score
Happy Square Outsourcing Services Ltd NSE:WHITEFORCE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Happy Square Outsourcing Services EV-to-OCF Calculation

Happy Square Outsourcing Services's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=423.039/-139.449
=-3.03

Happy Square Outsourcing Services's current Enterprise Value is ₹423 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Happy Square Outsourcing Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹-139 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 -3.03 mean?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a EV-to-OCF of -3.03 as of Aug. 02, 2026. According to the industry distribution chart, Happy Square Outsourcing Services ranks #209 out of 1091 companies in the Business Services industry, placing it in the top 19.2%.
Is Happy Square Outsourcing Services' EV-to-OCF too high?
Happy Square Outsourcing Services' current EV-to-OCF is -3.03. Based on the distribution chart, Happy Square Outsourcing Services ranks #209 out of 1091 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Happy Square Outsourcing Services has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Happy Square Outsourcing Services' EV-to-OCF compare to KFY and RHI?
According to the Business Services industry distribution chart, Happy Square Outsourcing Services ranks #209 out of 1091 companies for EV-to-OCF. This places Happy Square Outsourcing Services in the top 19% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.11. 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 Business Services company?
The median EV-to-OCF among Business Services companies is 7.11, based on 1,091 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 Business Services industry, the median EV-to-OCF is 7.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happy Square Outsourcing Services's current EV-to-OCF is -3.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Happy Square Outsourcing Services stock overvalued right now?
Happy Square Outsourcing Services (NSE:WHITEFORCE) has a current EV-to-OCF of -3.03. The current EV-to-OCF is -3.03. Happy Square Outsourcing Services' overall GF Score™ is 18/100 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 Happy Square Outsourcing Services (NSE:WHITEFORCE), the current EV-to-OCF is -3.03 as of Aug. 02, 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.

Happy Square Outsourcing Services Business Description

Address Nagpur Road, Rajpal Tower 240, Madan Mahal, Jabalpur, MP, IND, 482008
Happy Square Outsourcing Services Ltd is a technology-based consulting firm, involved in tech-based human resource outsourcing business, which focuses on end-to-end solutions. It offers a wide array of services such as Recruitment, Payroll, Onboarding, and flexible staffing. Its comprehensive network, structured processes, professionalism, and work ethics ensure that the company remains at the top on the domestic scale. The company satisfies firms' staffing and recruitment needs in India through its specialized, rich knowledge.
18GF Score

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