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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Zyxel Group's Enterprise Value is NT$17,972 Mil.
Zyxel Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was NT$-2,106 Mil. Therefore, Zyxel Group's EV-to-OCF for today is -8.53.
The historical rank and industry rank for Zyxel Group's EV-to-OCF or its related term are showing as below:
TPE:3704'
s EV-to-OCF Range Over the Past 10 Years
Min: -51.13 Med: 3.42 Max: 113.66
Current: -8.67
During the past 13 years, the highest EV-to-OCF of Zyxel Group was 113.66. The lowest was -51.13. And the median was 3.42.
TPE:3704's EV-to-OCF is ranked better than 74.58% of 2490
companies
in the Hardware industry
Industry Median: 7.92
vs TPE:3704: -8.67
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.
Zyxel Group's PE Ratio (TTM) for today is calculated as:
Zyxel Group's share price for today is NT$39.40.
Zyxel Group'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 NT$3.350.
* 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.
Zyxel Group EV-to-OCF Related Terms
Zyxel Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Zyxel 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 Communication Equipment subindustry, Zyxel 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.
Zyxel Group EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Zyxel Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Zyxel Group's EV-to-OCF falls into.
Zyxel Group's current Enterprise Value is NT$17,972 Mil.
Zyxel Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-2,106 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.
Zyxel Group (TPE:3704) has a EV-to-OCF of -8.53 as of Sep. 10, 2026. According to the industry distribution chart, Zyxel Group ranks #633 out of 2490 companies in the Hardware industry, placing it in the top 25.4%.
Is Zyxel Group's EV-to-OCF too high?
Zyxel Group's current EV-to-OCF is -8.53. Based on the distribution chart, Zyxel Group ranks #633 out of 2490 companies in the Hardware industry, which is above the industry midpoint. Overall, Zyxel Group has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zyxel Group's EV-to-OCF compare to CSCO and MSI?
According to the Hardware industry distribution chart, Zyxel Group ranks #633 out of 2490 companies for EV-to-OCF. This puts Zyxel Group in the upper half of its industry. The industry median EV-to-OCF is 7.92. 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 7.92, based on 2,490 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 Hardware industry, the median EV-to-OCF is 7.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zyxel Group's current EV-to-OCF is -8.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zyxel Group stock overvalued right now?
Based on GuruFocus' analysis, Zyxel Group (TPE:3704) is currently considered Fairly Valued. The stock's GF Value™ is NT$39.29, compared to a current price of NT$39.40 — trading 0.3% above its estimated fair value. The current EV-to-OCF is -8.53. Zyxel Group's overall GF Score™ is 76/100 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 Zyxel Group (TPE:3704), the current EV-to-OCF is -8.53 as of Sep. 10, 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 Zyxel Group (TPE:3704) Overvalued in 2026?
Based on GuruFocus' analysis, Zyxel Group stock appears to be overvalued.
The current stock price of NT$39.40 is trading 0.3% above its estimated GF Value™ of NT$39.29.
GuruFocus considers Zyxel Group to be Fairly Valued.
Key valuation signals for TPE:3704:
EV-to-OCF: -8.53
GF Value™: NT$39.29 vs. price of NT$39.40 (0.3% above fair value)
No single metric tells the full story. See the TPE:3704 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zyxel Group Corp is a Taiwan-based company that offers communications and networking products. It produces wifi systems, wireless extenders, home routers, cloud access cameras, switches, power and adapters, personal cloud storage, and security appliances and services. Geographically, it covers the United States, France, and other countries. It has four reportable segments: brand business segment, channel business segment, product business segment, and investment segment.
76GF Score
Get the complete analysis for TPE:3704
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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