IonicsPHS:ION 82 EV-to-OCF is 3.46 as of Jul. 07, 2026, which is 47% above its 10-year median of 2.35. GuruFocus rates PHS:ION with a GF Score™ of 82/100 and a GF Value™ of ₱1.16 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 2,492 Hardware companies, Ionics ranks better than 63.76% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ionics's Enterprise Value is ₱1,766 Mil.
Ionics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₱511 Mil. Therefore, Ionics's EV-to-OCF for today is 3.46.
The historical rank and industry rank for Ionics's EV-to-OCF or its related term are showing as below:
PHS:ION'
s EV-to-OCF Range Over the Past 10 Years
Min: -26.84 Med: 2.35 Max: 29.62
Current: 3.47
During the past 13 years, the highest EV-to-OCF of Ionics was 29.62. The lowest was -26.84. And the median was 2.35.
PHS:ION's EV-to-OCF is ranked better than 63.76% of 2492
companies
in the Hardware industry
Industry Median: 9.705
vs PHS:ION: 3.47
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 (2026-07-07), Ionics's stock price is ₱1.38.
Ionics's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₱0.315. Therefore, Ionics's PE Ratio (TTM) for today is 4.38.
Ionics (PHS:ION) 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.
Ionics's share price for today is ₱1.38.
Ionics'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 ₱0.315.
* 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.
Ionics EV-to-OCF Related Terms
Ionics EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ionics'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 Consumer Electronics subindustry, Ionics'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.
Ionics EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Ionics's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ionics's EV-to-OCF falls into.
Ionics's current Enterprise Value is ₱1,766 Mil.
Ionics'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 ₱511 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.
Ionics (PHS:ION) has a EV-to-OCF of 3.46 as of Jul. 07, 2026. This is 47% above median its historical median of 2.35. According to the industry distribution chart, Ionics ranks #903 out of 2492 companies in the Hardware industry, placing it in the top 36.2%.
Is Ionics' EV-to-OCF too high?
Ionics' current EV-to-OCF of 3.46 is 47% above median its 10-year median of 2.35. The Hardware industry median EV-to-OCF is 9.71. Ionics' value of 3.46 is 64.3% below this industry median. Based on the distribution chart, Ionics ranks #903 out of 2492 companies in the Hardware industry, which is above the industry midpoint. Overall, Ionics has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ionics' EV-to-OCF compare to AAPL?
According to the Hardware industry distribution chart, Ionics ranks #903 out of 2492 companies for EV-to-OCF. This puts Ionics in the upper half of its industry. The industry median EV-to-OCF is 9.71. Ionics' value of 3.46 is 64.3% below this benchmark. While the company's 10-year median is 2.35 vs. the industry median of 9.71, Ionics 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 9.71, based on 2,492 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. Ionics's current EV-to-OCF of 3.46 is 64.3% 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 9.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionics's current EV-to-OCF is 3.46, which is 47% above median its own 10-year median of 2.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionics stock overvalued right now?
Based on GuruFocus' analysis, Ionics (PHS:ION) is currently considered Modestly Overvalued. The stock's GF Value™ is ₱1.16, compared to a current price of ₱1.38 — trading 19% above its estimated fair value. The current EV-to-OCF is 3.46, which is 47% above median its 10-year median of 2.35 and 64.3% below the Hardware industry median of 9.71. Ionics' overall GF Score™ is 82/100 with 6 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 Ionics (PHS:ION), the current EV-to-OCF is 3.46 as of Jul. 07, 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 Ionics (PHS:ION) Overvalued in 2026?
Based on GuruFocus' analysis, Ionics stock appears to be overvalued.
The current stock price of ₱1.38 is trading 19% above its estimated GF Value™ of ₱1.16.
GuruFocus considers Ionics to be Modestly Overvalued.
Key valuation signals for PHS:ION:
EV-to-OCF: 3.46 (47% above median its 10-year median of 2.35)
GF Value™: ₱1.16 vs. price of ₱1.38 (19% above fair value)
Industry Position: 64.3% below the Hardware median (#903 of 2492)
No single metric tells the full story. See the PHS:ION stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ionics Inc is engaged in electronic manufacturing services, providing design, build, ship, and logistics solutions across telecommunications, automotive, computer peripherals, consumer electronics, industrial, medical, and plastic products. Its business is organized into segments, with the Consumer Electronics segment generating the majority of revenue, supporting digital media, digital television, and audio product industries. Other segments include Computer Peripherals, Telecom, Automotive, and Real Estate, which earn rental income from warehouse and factory facilities. The Group produces a wide multiple products, including telecom equipment, automotive electronics, computer components, consumer devices, and others. Geographically, it generates the majority of its revenue from Asia.
82GF Score
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