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OPAL FuelsOPAL +3.64%73 EV-to-OCF is 44.97 as of Jul. 31, 2026, which is 89% above its 10-year median of 23.83. GuruFocus rates OPAL with a GF Score™ of 73/100 and a GF Value™ of $4.03 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 506 Utilities - Regulated companies, OPAL Fuels ranks worse than 95.26% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, OPAL Fuels's Enterprise Value is $887.5 Mil.
OPAL Fuels's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $19.7 Mil. Therefore, OPAL Fuels's EV-to-OCF for today is 44.97.
The historical rank and industry rank for OPAL Fuels's EV-to-OCF or its related term are showing as below:
OPAL'
s EV-to-OCF Range Over the Past 10 Years
Min: -1087.94 Med: 23.83 Max: 126.42
Current: 44.97
During the past 7 years, the highest EV-to-OCF of OPAL Fuels was 126.42. The lowest was -1087.94. And the median was 23.83.
OPAL's EV-to-OCF is ranked worse than 95.26% of 506
companies
in the Utilities - Regulated industry
Industry Median: 10.775
vs OPAL: 44.97
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.
OPAL Fuels's share price for today is $2.3009.
OPAL Fuels'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 $0.010.
* 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.
OPAL Fuels EV-to-OCF Related Terms
OPAL Fuels EV-to-OCF Historical Data
* Premium members only.
The historical data trend for OPAL Fuels'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 Utilities - Regulated Gas subindustry, OPAL Fuels'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.
OPAL Fuels EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, OPAL Fuels's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where OPAL Fuels's EV-to-OCF falls into.
OPAL Fuels's current Enterprise Value is $887.5 Mil.
OPAL Fuels'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 $19.7 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.
OPAL Fuels (OPAL) has a EV-to-OCF of 44.97 as of Jul. 31, 2026. This is 89% above median its historical median of 23.83. According to the industry distribution chart, OPAL Fuels ranks #482 out of 506 companies in the Utilities - Regulated industry, placing it in the top 95.3%.
Is OPAL Fuels' EV-to-OCF too high?
OPAL Fuels' current EV-to-OCF of 44.97 is 89% above median its 10-year median of 23.83. The Utilities - Regulated industry median EV-to-OCF is 10.78. OPAL Fuels' value of 44.97 is 317.4% above this industry median. Based on the distribution chart, OPAL Fuels ranks #482 out of 506 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, OPAL Fuels has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does OPAL Fuels' EV-to-OCF compare to RGCO and ATO?
According to the Utilities - Regulated industry distribution chart, OPAL Fuels ranks #482 out of 506 companies for EV-to-OCF. This places OPAL Fuels in the lower half of its industry. The industry median EV-to-OCF is 10.78. OPAL Fuels' value of 44.97 is 317.4% above this benchmark. While the company's 10-year median is 23.83 vs. the industry median of 10.78, OPAL Fuels has consistently been above the industry average. 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 Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.78, based on 506 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. OPAL Fuels's current EV-to-OCF of 44.97 is 317.4% above the industry median. 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 Utilities - Regulated industry, the median EV-to-OCF is 10.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. OPAL Fuels's current EV-to-OCF is 44.97, which is 89% above median its own 10-year median of 23.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is OPAL Fuels stock overvalued right now?
Based on GuruFocus' analysis, OPAL Fuels (OPAL) is currently considered Possible Value Trap. The stock's GF Value™ is $4.03, compared to a current price of $2.30 — trading 42.9% below its estimated fair value. The current EV-to-OCF is 44.97, which is 89% above median its 10-year median of 23.83 and 317.4% above the Utilities - Regulated industry median of 10.78. OPAL Fuels' overall GF Score™ is 73/100 with 7 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 OPAL Fuels (OPAL), the current EV-to-OCF is 44.97 as of Jul. 31, 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 OPAL Fuels (OPAL) Overvalued in 2026?
Based on GuruFocus' analysis, OPAL Fuels stock appears to be undervalued.
The current stock price of $2.30 is trading 42.9% below its estimated GF Value™ of $4.03.
GuruFocus considers OPAL Fuels to be Possible Value Trap.
Key valuation signals for OPAL:
EV-to-OCF: 44.97 (89% above median its 10-year median of 23.83)
GF Value™: $4.03 vs. price of $2.30 (42.9% below fair value)
Industry Position: 317.4% above the Utilities - Regulated median (#482 of 506)
No single metric tells the full story. See the OPAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
OPAL Fuels Inc is a fully integrated leader in the capture and conversion of biogas into low-carbon-intensity renewable natural gas and Renewable Power. The company is also engaged in the marketing and distribution of RNG to heavy-duty trucking and other hard-to-decarbonize industrial sectors. The company designs, develops, constructs, operates, and services Fueling Stations for trucking fleets across the country that use natural gas to displace diesel as their transportation fuel. The company derives revenue from the sale of Renewable Power, design, development, construction, and service of Fueling Stations, and sales of RNG produced by OPAL and third parties as pipeline-quality natural gas. The Company has three operating segments: RNG Fuel, Fuel Station Services, and Renewable Power.
73GF Score
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