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System1SST +4.37%40 EV-to-OCF is -17.32 as of Jul. 28, 2026. GuruFocus rates SST with a GF Score™ of 40/100 and a GF Value™ of $6.04 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,090 Business Services companies, System1 ranks better than 89.36% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, System1's Enterprise Value is $248.3 Mil.
System1's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-14.3 Mil. Therefore, System1's EV-to-OCF for today is -17.32.
The historical rank and industry rank for System1's EV-to-OCF or its related term are showing as below:
SST'
s EV-to-OCF Range Over the Past 10 Years
Min: -161.8 Med: -10.78 Max: 667.31
Current: -17.32
During the past 8 years, the highest EV-to-OCF of System1 was 667.31. The lowest was -161.80. And the median was -10.78.
SST's EV-to-OCF is ranked better than 89.36% of 1090
companies
in the Business Services industry
Industry Median: 7.05
vs SST: -17.32
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 (2026-07-28), System1's stock price is $1.91.
System1's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $-12.017. Therefore, System1's PE Ratio (TTM) for today is At Loss.
System1 (NYSE:SST) 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.
System1's share price for today is $1.91.
System1'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 $-12.017.
* 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.
System1 EV-to-OCF Related Terms
System1 EV-to-OCF Historical Data
* Premium members only.
The historical data trend for System1'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 Business Services subindustry, System1'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.
System1 EV-to-OCF vs Business Services Industry
For the Business Services industry and Industrials sector, System1's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where System1's EV-to-OCF falls into.
System1's current Enterprise Value is $248.3 Mil.
System1'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 $-14.3 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.
System1 (SST) has a EV-to-OCF of -17.32 as of Jul. 28, 2026. According to the industry distribution chart, System1 ranks #116 out of 1090 companies in the Business Services industry, placing it in the top 10.6%.
Is System1's EV-to-OCF too high?
System1's current EV-to-OCF is -17.32. Based on the distribution chart, System1 ranks #116 out of 1090 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, System1 has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does System1's EV-to-OCF compare to SMX and LICN?
According to the Business Services industry distribution chart, System1 ranks #116 out of 1090 companies for EV-to-OCF. This places System1 in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.05. 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 Business Services company?
The median EV-to-OCF among Business Services companies is 7.05, based on 1,090 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 Business Services industry, the median EV-to-OCF is 7.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. System1's current EV-to-OCF is -17.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System1 stock overvalued right now?
Based on GuruFocus' analysis, System1 (SST) is currently considered Possible Value Trap. The stock's GF Value™ is $6.04, compared to a current price of $1.91 — trading 68.4% below its estimated fair value. The current EV-to-OCF is -17.32. System1's overall GF Score™ is 40/100 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 System1 (SST), the current EV-to-OCF is -17.32 as of Jul. 28, 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 System1 (SST) Overvalued in 2026?
Based on GuruFocus' analysis, System1 stock appears to be undervalued.
The current stock price of $1.91 is trading 68.4% below its estimated GF Value™ of $6.04.
GuruFocus considers System1 to be Possible Value Trap.
Key valuation signals for SST:
EV-to-OCF: -17.32
GF Value™: $6.04 vs. price of $1.91 (68.4% below fair value)
No single metric tells the full story. See the SST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It operate several flagship brands across multiple consumer verticals, including shopping, travel and search, and a customer acquisition and marketing platform powered by Artificial Intelligence and machine learning. The company's segment includes Marketing and Products. It generates maximum revenue from the Marketing segment. Geographically, it operates in United States and Other countries.
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