Sangoma Technologies (TSX:STC) EV-to-OCF: 5.60 (As of Aug. 21, 2026) — 27% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSX:STC Sangoma Technologies Corp TSX:STC
69 GF Score
Price C$5.50
GF Value C$5.85
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Sangoma Technologies EV-to-OCF?

Sangoma Technologies TSX:STC -1.61% 69 EV-to-OCF is 5.60 as of Aug. 21, 2026, which is 27% below its 10-year median of 7.66. GuruFocus rates TSX:STC with a GF Score™ of 69/100 and a GF Value™ of C$5.85 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,877 Software companies, Sangoma Technologies ranks better than 54.4% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Sangoma Technologies's Enterprise Value is C$216.9 Mil. Sangoma Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$38.7 Mil. Therefore, Sangoma Technologies's EV-to-OCF for today is 5.60.

The historical rank and industry rank for Sangoma Technologies's EV-to-OCF or its related term are showing as below:

TSX:STC' s EV-to-OCF Range Over the Past 10 Years
Min: 1.96   Med: 7.66   Max: 40.24
Current: 5.6

During the past 13 years, the highest EV-to-OCF of Sangoma Technologies was 40.24. The lowest was 1.96. And the median was 7.66.

TSX:STC's EV-to-OCF is ranked better than
54.4% of 2877 companies
in the Software industry
Industry Median: 7.02 vs TSX:STC: 5.60

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 (2026-08-21), Sangoma Technologies's stock price is C$5.50. Sangoma Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was C$-0.262. Therefore, Sangoma Technologies's PE Ratio (TTM) for today is At Loss.


Sangoma Technologies  (TSX:STC) 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.

Sangoma Technologies's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=5.50/-0.262
=At Loss

Sangoma Technologies's share price for today is C$5.50.
Sangoma Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.262.

* 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.


Sangoma Technologies EV-to-OCF Related Terms


Sangoma Technologies EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Sangoma Technologies'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.

Sangoma Technologies EV-to-OCF Chart

Sangoma Technologies Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.40 13.87 8.60 5.36 5.94

Sangoma Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.39 5.94 5.71 5.84 5.58

TSX:STC vs MSFT, ORCL, PLTR: EV-to-OCF Comparison

For the Software - Infrastructure subindustry, Sangoma 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.


Sangoma Technologies EV-to-OCF vs Software Industry

For the Software industry and Technology sector, Sangoma Technologies's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Sangoma Technologies's EV-to-OCF falls into.


TSX:STC
69GF Score
Sangoma Technologies Corp TSX:STC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sangoma Technologies EV-to-OCF Calculation

Sangoma Technologies's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=216.921/38.745
=5.60

Sangoma Technologies's current Enterprise Value is C$216.9 Mil.
Sangoma Technologies'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 C$38.7 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 5.60 mean?
Sangoma Technologies (TSX:STC) has a EV-to-OCF of 5.60 as of Aug. 21, 2026. This is 27% below median its historical median of 7.66. Over the past decade, Sangoma Technologies' EV-to-OCF has ranged from 1.96 to 40.24. According to the industry distribution chart, Sangoma Technologies ranks #1312 out of 2877 companies in the Software industry, placing it in the top 45.6%.
Is Sangoma Technologies' EV-to-OCF too high?
Sangoma Technologies' current EV-to-OCF of 5.60 is 27% below median its 10-year median of 7.66. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 40.24. The Software industry median EV-to-OCF is 7.02. Sangoma Technologies' value of 5.60 is 20.2% below this industry median. Based on the distribution chart, Sangoma Technologies ranks #1312 out of 2877 companies in the Software industry, which is above the industry midpoint. Overall, Sangoma Technologies has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sangoma Technologies' EV-to-OCF compare to MSFT and ORCL?
According to the Software industry distribution chart, Sangoma Technologies ranks #1312 out of 2877 companies for EV-to-OCF. This puts Sangoma Technologies in the upper half of its industry. The industry median EV-to-OCF is 7.02. Sangoma Technologies' value of 5.60 is 20.2% below this benchmark. Historically, Sangoma Technologies' own EV-to-OCF has ranged from 1.96 to 40.24 over the past decade. While the company's 10-year median is 7.66 vs. the industry median of 7.02, Sangoma Technologies has consistently been below 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 a Software company?
The median EV-to-OCF among Software companies is 7.02, based on 2,877 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. Sangoma Technologies's current EV-to-OCF of 5.60 is 20.2% below 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 Software industry, the median EV-to-OCF is 7.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sangoma Technologies's current EV-to-OCF is 5.60, which is 27% below median its own 10-year median of 7.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sangoma Technologies stock overvalued right now?
Based on GuruFocus' analysis, Sangoma Technologies (TSX:STC) is currently considered Fairly Valued. The stock's GF Value™ is C$5.85, compared to a current price of C$5.50 — trading 6% below its estimated fair value. The current EV-to-OCF is 5.60, which is 27% below median its 10-year median of 7.66 and 20.2% below the Software industry median of 7.02. Sangoma Technologies' overall GF Score™ is 69/100 with 2 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 Sangoma Technologies (TSX:STC), the current EV-to-OCF is 5.60 as of Aug. 21, 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 Sangoma Technologies (TSX:STC) Overvalued in 2026?

Based on GuruFocus' analysis, Sangoma Technologies stock appears to be undervalued. The current stock price of C$5.50 is trading 6% below its estimated GF Value™ of C$5.85. GuruFocus considers Sangoma Technologies to be Fairly Valued.

Key valuation signals for TSX:STC:

  • EV-to-OCF: 5.60 (27% below median its 10-year median of 7.66)
  • GF Value™: C$5.85 vs. price of C$5.50 (6% below fair value)
  • GF Score™: 69/100 with 2 warning signs
  • Industry Position: 20.2% below the Software median (#1312 of 2877)

No single metric tells the full story. See the TSX:STC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sangoma Technologies Business Description

Other Exchanges SANG:USA54GA:Germany
Address 333 Bay Street, Bay-Adelaide Centre, Suite 3400, Toronto, ON, CAN, M5H 2S7
Sangoma Technologies Corp is a provider of hardware and software components that enable or enhance Internet Protocol Communications Systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes data and telecom boards for media and signal processing, as well as gateway appliances and software. The Company sells into two geographic centers: USA and Other countries. Key revenue is generated from USA.
69GF Score

Get the complete analysis for TSX:STC

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.50
Price
C$5.85
GF Value