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The historical rank and industry rank for Nordic Technology Group AS's EV-to-OCF or its related term are showing as below:
OSL:NTG'
s EV-to-OCF Range Over the Past 10 Years
Min: -6.8 Med: -3.49 Max: -2.47
Current: -4.18
During the past 5 years, the highest EV-to-OCF of Nordic Technology Group AS was -2.47. The lowest was -6.80. And the median was -3.49.
OSL:NTG's EV-to-OCF is ranked better than 69.6% of 2490
companies
in the Hardware industry
Industry Median: 7.975
vs OSL:NTG: -4.18
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.
Nordic Technology Group AS (OSL:NTG) 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.
Nordic Technology Group AS's PE Ratio (TTM) for today is calculated as:
Nordic Technology Group AS's share price for today is kr1.20.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nordic Technology Group AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr-1.075.
* 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.
Nordic Technology Group AS EV-to-OCF Related Terms
Nordic Technology Group AS EV-to-OCF Historical Data
* 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 Scientific & Technical Instruments subindustry, Nordic Technology Group AS'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.
Nordic Technology Group AS EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Nordic Technology Group AS's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nordic Technology Group AS's EV-to-OCF falls into.
Nordic Technology Group AS's current Enterprise Value is kr370.48 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nordic Technology Group AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr-93.33 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.
Nordic Technology Group AS (OSL:NTG) has a EV-to-OCF of -3.97 as of Sep. 10, 2026. According to the industry distribution chart, Nordic Technology Group AS ranks #757 out of 2490 companies in the Hardware industry, placing it in the top 30.4%.
Is Nordic Technology Group AS's EV-to-OCF too high?
Nordic Technology Group AS's current EV-to-OCF is -3.97. Based on the distribution chart, Nordic Technology Group AS ranks #757 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, Nordic Technology Group AS has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nordic Technology Group AS's EV-to-OCF compare to GRMN and COHR?
According to the Hardware industry distribution chart, Nordic Technology Group AS ranks #757 out of 2490 companies for EV-to-OCF. This puts Nordic Technology Group AS in the upper half of its industry. The industry median EV-to-OCF is 7.98. 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 Hardware company?
The median EV-to-OCF among Hardware companies is 7.98, based on 2,490 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 Hardware industry, the median EV-to-OCF is 7.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Technology Group AS's current EV-to-OCF is -3.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Technology Group AS stock overvalued right now?
Based on GuruFocus' analysis, Nordic Technology Group AS (OSL:NTG) is currently considered Fairly Valued. The stock's GF Value™ is kr1.30, compared to a current price of kr1.20 — trading 7.7% below its estimated fair value. The current EV-to-OCF is -3.97. Nordic Technology Group AS's overall GF Score™ is 37/100 with 3 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 Nordic Technology Group AS (OSL:NTG), the current EV-to-OCF is -3.97 as of Sep. 10, 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 Nordic Technology Group AS (OSL:NTG) Overvalued in 2026?
Based on GuruFocus' analysis, Nordic Technology Group AS stock appears to be undervalued.
The current stock price of kr1.20 is trading 7.7% below its estimated GF Value™ of kr1.30.
GuruFocus considers Nordic Technology Group AS to be Fairly Valued.
Key valuation signals for OSL:NTG:
EV-to-OCF: -3.97
GF Value™: kr1.30 vs. price of kr1.20 (7.7% below fair value)
No single metric tells the full story. See the OSL:NTG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nordic Technology Group AS was founded with the primary purpose of acquiring selected companies distinguished by patented products and solutions developed through extensive periods of concept development, product design, testing, qualification, certification, and market acceptance. It is organized into two business areas: sensor technology, and clean technology. The Group generates revenues from Norway, with additional revenues from Europe and other countries.
37GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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