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Space Exploration TechnologiesTSX:SPCX -1.32%17 EV-to-OCF is 520.52 as of Sep. 20, 2026, which is 106% above its 10-year median of 252.62. GuruFocus rates TSX:SPCX with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 362 Aerospace & Defense companies, Space Exploration Technologies ranks worse than 98.34% on this metric.
The historical rank and industry rank for Space Exploration Technologies's EV-to-OCF or its related term are showing as below:
TSX:SPCX'
s EV-to-OCF Range Over the Past 10 Years
Min: 186.14 Med: 252.62 Max: 1413.64
Current: 557.68
During the past 3 years, the highest EV-to-OCF of Space Exploration Technologies was 1413.64. The lowest was 186.14. And the median was 252.62.
TSX:SPCX's EV-to-OCF is ranked worse than 98.34% of 362
companies
in the Aerospace & Defense industry
Industry Median: 13.365
vs TSX:SPCX: 557.68
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.
Space Exploration Technologies (TSX:SPCX) 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.
Space Exploration Technologies's PE Ratio (TTM) for today is calculated as:
Space Exploration Technologies's share price for today is C$25.46.
Space Exploration Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.576.
* 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.
Space Exploration Technologies EV-to-OCF Related Terms
Space Exploration Technologies EV-to-OCF Historical Data
* 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.
Space Exploration Technologies EV-to-OCF Chart
Space Exploration Technologies Annual Data
Trend
Dec23
Dec24
Dec25
EV-to-OCF
-
-
-
Space Exploration Technologies Quarterly Data
Mar25
Jun25
Mar26
Jun26
EV-to-OCF
-
-
-
87.55
TSX:SPCX vs GE, RTX, BA: EV-to-OCF Comparison
For the Aerospace & Defense subindustry, Space Exploration Technologies'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.
Space Exploration Technologies EV-to-OCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Space Exploration Technologies's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Space Exploration Technologies's EV-to-OCF falls into.
Space Exploration Technologies's current Enterprise Value is C$2,713,166 Mil.
Space Exploration Technologies'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 C$5,212 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.
Space Exploration Technologies (TSX:SPCX) has a EV-to-OCF of 520.52 as of Sep. 20, 2026. This is 106% above median its historical median of 252.62. Over the past decade, Space Exploration Technologies' EV-to-OCF has ranged from 186.14 to 1,413.64. According to the industry distribution chart, Space Exploration Technologies ranks #356 out of 362 companies in the Aerospace & Defense industry, placing it in the top 98.3%.
Is Space Exploration Technologies' EV-to-OCF too high?
Space Exploration Technologies' current EV-to-OCF of 520.52 is 106% above median its 10-year median of 252.62. Over the past 10 years, this metric has ranged from a low of 186.14 to a high of 1,413.64. The Aerospace & Defense industry median EV-to-OCF is 13.37. Space Exploration Technologies' value of 520.52 is 3794.7% above this industry median. Based on the distribution chart, Space Exploration Technologies ranks #356 out of 362 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Space Exploration Technologies has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Space Exploration Technologies' EV-to-OCF compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Space Exploration Technologies ranks #356 out of 362 companies for EV-to-OCF. This places Space Exploration Technologies in the lower half of its industry. The industry median EV-to-OCF is 13.37. Space Exploration Technologies' value of 520.52 is 3794.7% above this benchmark. Historically, Space Exploration Technologies' own EV-to-OCF has ranged from 186.14 to 1,413.64 over the past decade. While the company's 10-year median is 252.62 vs. the industry median of 13.37, Space Exploration Technologies 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 Aerospace & Defense company?
The median EV-to-OCF among Aerospace & Defense companies is 13.37, based on 362 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. Space Exploration Technologies's current EV-to-OCF of 520.52 is 3794.7% 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 Aerospace & Defense industry, the median EV-to-OCF is 13.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Space Exploration Technologies's current EV-to-OCF is 520.52, which is 106% above median its own 10-year median of 252.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Space Exploration Technologies stock overvalued right now?
Space Exploration Technologies (TSX:SPCX) has a current EV-to-OCF of 520.52. The current EV-to-OCF is 520.52, which is 106% above median its 10-year median of 252.62 and 3794.7% above the Aerospace & Defense industry median of 13.37. Space Exploration Technologies' overall GF Score™ is 17/100 with 1 warning sign 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 Space Exploration Technologies (TSX:SPCX), the current EV-to-OCF is 520.52 as of Sep. 20, 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.
Founded in 2002 and commonly known as SpaceX, the Space Exploration Technologies Corporation designs, manufactures, and operates a family of reusable rockets to launch various payloads into Earth orbit for government and commercial customers. Starting in 2019, the company began launching a constellation of its own communication satellites to provide mobile broadband and wireless services under the Starlink brand. In early 2026, the company acquired xAI from its founder, Elon Musk, which operates a large language artificial intelligence model named Grok, a gigawatt-scale data center called Colossus, and the social media network X.
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