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Tennant CoTNC -2.19%82 EV-to-OCF is 92.32 as of Sep. 09, 2026, which is 355% above its 10-year median of 20.31. GuruFocus rates TNC with a GF Score™ of 82/100 and a GF Value™ of $89.74 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 3,086 Industrial Products companies, Tennant Co ranks worse than 90.89% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Tennant Co's Enterprise Value is $1,542 Mil.
Tennant Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $17 Mil. Therefore, Tennant Co's EV-to-OCF for today is 92.32.
The historical rank and industry rank for Tennant Co's EV-to-OCF or its related term are showing as below:
TNC'
s EV-to-OCF Range Over the Past 10 Years
Min: -63.89 Med: 20.31 Max: 191.22
Current: 92.32
During the past 13 years, the highest EV-to-OCF of Tennant Co was 191.22. The lowest was -63.89. And the median was 20.31.
TNC's EV-to-OCF is ranked worse than 90.89% of 3086
companies
in the Industrial Products industry
Industry Median: 11.35
vs TNC: 92.32
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.
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.
Tennant Co's share price for today is $71.85.
Tennant Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.020.
* 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.
Tennant Co EV-to-OCF Related Terms
Tennant Co EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Tennant Co'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, Tennant Co'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.
Tennant Co EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Tennant Co's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Tennant Co's EV-to-OCF falls into.
Tennant Co's current Enterprise Value is $1,542 Mil.
Tennant Co's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $17 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.
Tennant Co (TNC) has a EV-to-OCF of 92.32 as of Sep. 09, 2026. This is 355% above median its historical median of 20.31. According to the industry distribution chart, Tennant Co ranks #2805 out of 3086 companies in the Industrial Products industry, placing it in the top 90.9%.
Is Tennant Co's EV-to-OCF too high?
Tennant Co's current EV-to-OCF of 92.32 is 355% above median its 10-year median of 20.31. The Industrial Products industry median EV-to-OCF is 11.35. Tennant Co's value of 92.32 is 713.4% above this industry median. Based on the distribution chart, Tennant Co ranks #2805 out of 3086 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tennant Co has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tennant Co's EV-to-OCF compare to BW and GHM?
According to the Industrial Products industry distribution chart, Tennant Co ranks #2805 out of 3086 companies for EV-to-OCF. This places Tennant Co in the lower half of its industry. The industry median EV-to-OCF is 11.35. Tennant Co's value of 92.32 is 713.4% above this benchmark. While the company's 10-year median is 20.31 vs. the industry median of 11.35, Tennant Co 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 11.35, based on 3,086 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. Tennant Co's current EV-to-OCF of 92.32 is 713.4% 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 11.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tennant Co's current EV-to-OCF is 92.32, which is 355% above median its own 10-year median of 20.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tennant Co stock overvalued right now?
Based on GuruFocus' analysis, Tennant Co (TNC) is currently considered Modestly Undervalued. The stock's GF Value™ is $89.74, compared to a current price of $71.85 — trading 19.9% below its estimated fair value. The current EV-to-OCF is 92.32, which is 355% above median its 10-year median of 20.31 and 713.4% above the Industrial Products industry median of 11.35. Tennant Co's 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 Tennant Co (TNC), the current EV-to-OCF is 92.32 as of Sep. 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 Tennant Co (TNC) Overvalued in 2026?
Based on GuruFocus' analysis, Tennant Co stock appears to be undervalued.
The current stock price of $71.85 is trading 19.9% below its estimated GF Value™ of $89.74.
GuruFocus considers Tennant Co to be Modestly Undervalued.
Key valuation signals for TNC:
EV-to-OCF: 92.32 (355% above median its 10-year median of 20.31)
GF Value™: $89.74 vs. price of $71.85 (19.9% below fair value)
Industry Position: 713.4% above the Industrial Products median (#2805 of 3086)
No single metric tells the full story. See the TNC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tennant Co is engaged in designing, manufacturing and marketing solutions that empower customers to achieve quality cleaning performance, reduce environmental impact and help create a cleaner, safer, healthier world. The Company is committed to creating and commercializing breakthrough, sustainable cleaning innovations to enhance its broad suite of products, including floor maintenance and cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, and asset management solutions. Its products are used in many types of environments, including retail establishments, distribution centers, factories and warehouses, public venues such as arenas and stadiums, office buildings, schools, and more.
82GF Score
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