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Spirax GroupSPXSF 89 EV-to-OCF is 20.91 as of Aug. 09, 2026, which is 28% below its 10-year median of 28.90. GuruFocus rates SPXSF with a GF Score™ of 89/100 and a GF Value™ of $112.03 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 3,073 Industrial Products companies, Spirax Group ranks worse than 65.28% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Spirax Group's Enterprise Value is $8,328 Mil.
Spirax Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $398 Mil. Therefore, Spirax Group's EV-to-OCF for today is 20.91.
The historical rank and industry rank for Spirax Group's EV-to-OCF or its related term are showing as below:
SPXSF'
s EV-to-OCF Range Over the Past 10 Years
Min: 15.71 Med: 28.9 Max: 49.61
Current: 20.9
During the past 13 years, the highest EV-to-OCF of Spirax Group was 49.61. The lowest was 15.71. And the median was 28.90.
SPXSF's EV-to-OCF is ranked worse than 65.28% of 3073
companies
in the Industrial Products industry
Industry Median: 11.76
vs SPXSF: 20.90
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.
Spirax Group's PE Ratio (TTM) for today is calculated as:
Spirax Group's share price for today is $98.97.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spirax Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $2.977.
* 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.
Spirax Group EV-to-OCF Related Terms
Spirax Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Spirax Group'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 Specialty Industrial Machinery subindustry, Spirax Group'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.
Spirax Group EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Spirax Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Spirax Group's EV-to-OCF falls into.
Spirax Group's current Enterprise Value is $8,328 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spirax Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $398 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.
Spirax Group (SPXSF) has a EV-to-OCF of 20.91 as of Aug. 09, 2026. This is 28% below median its historical median of 28.90. Over the past decade, Spirax Group's EV-to-OCF has ranged from 15.71 to 49.61. According to the industry distribution chart, Spirax Group ranks #2006 out of 3073 companies in the Industrial Products industry, placing it in the top 65.3%.
Is Spirax Group's EV-to-OCF too high?
Spirax Group's current EV-to-OCF of 20.91 is 28% below median its 10-year median of 28.90. Over the past 10 years, this metric has ranged from a low of 15.71 to a high of 49.61. The Industrial Products industry median EV-to-OCF is 11.76. Spirax Group's value of 20.91 is 77.8% above this industry median. Based on the distribution chart, Spirax Group ranks #2006 out of 3073 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Spirax Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spirax Group's EV-to-OCF compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Spirax Group ranks #2006 out of 3073 companies for EV-to-OCF. This places Spirax Group in the lower half of its industry. The industry median EV-to-OCF is 11.76. Spirax Group's value of 20.91 is 77.8% above this benchmark. Historically, Spirax Group's own EV-to-OCF has ranged from 15.71 to 49.61 over the past decade. While the company's 10-year median is 28.90 vs. the industry median of 11.76, Spirax Group 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 Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.76, based on 3,073 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. Spirax Group's current EV-to-OCF of 20.91 is 77.8% 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 Industrial Products industry, the median EV-to-OCF is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spirax Group's current EV-to-OCF is 20.91, which is 28% below median its own 10-year median of 28.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spirax Group stock overvalued right now?
Based on GuruFocus' analysis, Spirax Group (SPXSF) is currently considered Modestly Undervalued. The stock's GF Value™ is $112.03, compared to a current price of $98.97 — trading 11.7% below its estimated fair value. The current EV-to-OCF is 20.91, which is 28% below median its 10-year median of 28.90 and 77.8% above the Industrial Products industry median of 11.76. Spirax Group's overall GF Score™ is 89/100 with 8 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 Spirax Group (SPXSF), the current EV-to-OCF is 20.91 as of Aug. 09, 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 Spirax Group (SPXSF) Overvalued in 2026?
Based on GuruFocus' analysis, Spirax Group stock appears to be undervalued.
The current stock price of $98.97 is trading 11.7% below its estimated GF Value™ of $112.03.
GuruFocus considers Spirax Group to be Modestly Undervalued.
Key valuation signals for SPXSF:
EV-to-OCF: 20.91 (28% below median its 10-year median of 28.90)
GF Value™: $112.03 vs. price of $98.97 (11.7% below fair value)
Industry Position: 77.8% above the Industrial Products median (#2006 of 3073)
No single metric tells the full story. See the SPXSF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spirax is a global manufacturer of a wide range of applications for industrial and commercial steam systems, electric thermal solutions, and peristaltic pumps used across multiple industries. The group operates across three segments and has over 110,000 direct customers across 130 countries. Approximately 85% of group sales are generated from recurring maintenance and small improvements to existing customer systems. Spirax has 1,700 product lines and 2,100 sales and service engineers, who account for 25% of employees.
89GF Score
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