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Techstep ASAOSL:TECH -4.63%38 EV-to-OCF is 1.54 as of Aug. 15, 2026, which is 68% below its 10-year median of 4.77. GuruFocus rates OSL:TECH with a GF Score™ of 38/100 and a GF Value™ of kr9.29 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,496 Hardware companies, Techstep ASA ranks better than 65.42% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Techstep ASA's Enterprise Value is kr145.7 Mil.
Techstep ASA's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was kr94.7 Mil. Therefore, Techstep ASA's EV-to-OCF for today is 1.54.
The historical rank and industry rank for Techstep ASA's EV-to-OCF or its related term are showing as below:
OSL:TECH'
s EV-to-OCF Range Over the Past 10 Years
Min: -145.4 Med: 4.77 Max: 102.16
Current: 1.57
During the past 13 years, the highest EV-to-OCF of Techstep ASA was 102.16. The lowest was -145.40. And the median was 4.77.
OSL:TECH's EV-to-OCF is ranked better than 65.42% of 2496
companies
in the Hardware industry
Industry Median: 9.065
vs OSL:TECH: 1.57
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.
Techstep ASA's PE Ratio (TTM) for today is calculated as:
Techstep ASA's share price for today is kr1.75.
Techstep ASA'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 kr-3.100.
* 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.
Techstep ASA EV-to-OCF Related Terms
Techstep ASA EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Techstep ASA'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 Communication Equipment subindustry, Techstep ASA'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.
Techstep ASA EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Techstep ASA's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Techstep ASA's EV-to-OCF falls into.
Techstep ASA's current Enterprise Value is kr145.7 Mil.
Techstep ASA'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 kr94.7 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.
Techstep ASA (OSL:TECH) has a EV-to-OCF of 1.54 as of Aug. 15, 2026. This is 68% below median its historical median of 4.77. According to the industry distribution chart, Techstep ASA ranks #863 out of 2496 companies in the Hardware industry, placing it in the top 34.6%.
Is Techstep ASA's EV-to-OCF too high?
Techstep ASA's current EV-to-OCF of 1.54 is 68% below median its 10-year median of 4.77. The Hardware industry median EV-to-OCF is 9.07. Techstep ASA's value of 1.54 is 83% below this industry median. Based on the distribution chart, Techstep ASA ranks #863 out of 2496 companies in the Hardware industry, which is above the industry midpoint. Overall, Techstep ASA has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Techstep ASA's EV-to-OCF compare to CSCO and MSI?
According to the Hardware industry distribution chart, Techstep ASA ranks #863 out of 2496 companies for EV-to-OCF. This puts Techstep ASA in the upper half of its industry. The industry median EV-to-OCF is 9.07. Techstep ASA's value of 1.54 is 83% below this benchmark. While the company's 10-year median is 4.77 vs. the industry median of 9.07, Techstep ASA has consistently been below 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 a Hardware company?
The median EV-to-OCF among Hardware companies is 9.07, based on 2,496 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. Techstep ASA's current EV-to-OCF of 1.54 is 83% below 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 Hardware industry, the median EV-to-OCF is 9.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Techstep ASA's current EV-to-OCF is 1.54, which is 68% below median its own 10-year median of 4.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Techstep ASA stock overvalued right now?
Based on GuruFocus' analysis, Techstep ASA (OSL:TECH) is currently considered Possible Value Trap. The stock's GF Value™ is kr9.29, compared to a current price of kr1.75 — trading 81.2% below its estimated fair value. The current EV-to-OCF is 1.54, which is 68% below median its 10-year median of 4.77 and 83% below the Hardware industry median of 9.07. Techstep ASA's overall GF Score™ is 38/100 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 Techstep ASA (OSL:TECH), the current EV-to-OCF is 1.54 as of Aug. 15, 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 Techstep ASA (OSL:TECH) Overvalued in 2026?
Based on GuruFocus' analysis, Techstep ASA stock appears to be undervalued.
The current stock price of kr1.75 is trading 81.2% below its estimated GF Value™ of kr9.29.
GuruFocus considers Techstep ASA to be Possible Value Trap.
Key valuation signals for OSL:TECH:
EV-to-OCF: 1.54 (68% below median its 10-year median of 4.77)
GF Value™: kr9.29 vs. price of kr1.75 (81.2% below fair value)
Industry Position: 83% below the Hardware median (#863 of 2496)
No single metric tells the full story. See the OSL:TECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Techstep ASA is a Nordic enabler of the mobile workplace, delivering a full range of devices and services to facilitate mobile workplaces. The company bundles mobile devices, software, information security, and expertise for its customers. Its Device Lifecycle Management Platform enables IT vendors to scale and optimise their Device-as-a-Service business, enhancing efficiency, control, and user experience at every lifecycle stage. In addition, the company offers various workplace devices and services such as mobile devices and accessories, laptops, device management and security services, and others. A majority of its revenue is generated from the provision of workplace devices for its clients. Geographically, it derives maximum revenue from Norway, followed by Sweden, Denmark, and Poland.
38GF Score
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