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.
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.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, DEFSEC Technologies's Enterprise Value is C$2.71 Mil.
DEFSEC Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was C$-8.03 Mil. Therefore, DEFSEC Technologies's EV-to-OCF for today is -0.34.
The historical rank and industry rank for DEFSEC Technologies's EV-to-OCF or its related term are showing as below:
TSXV:DFSC'
s EV-to-OCF Range Over the Past 10 Years
Min: -70.14 Med: -0.72 Max: 0.31
Current: -0.34
During the past 5 years, the highest EV-to-OCF of DEFSEC Technologies was 0.31. The lowest was -70.14. And the median was -0.72.
TSXV:DFSC's EV-to-OCF is ranked better than 66.57% of 359
companies
in the Aerospace & Defense industry
Industry Median: 14.43
vs TSXV:DFSC: -0.34
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.
DEFSEC Technologies's PE Ratio (TTM) for today is calculated as:
DEFSEC Technologies's share price for today is C$1.65.
DEFSEC Technologies's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-7.815.
* 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.
DEFSEC Technologies EV-to-OCF Related Terms
DEFSEC Technologies EV-to-OCF Historical Data
* Premium members only.
The historical data trend for DEFSEC 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.
For the Aerospace & Defense subindustry, DEFSEC 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.
DEFSEC Technologies EV-to-OCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, DEFSEC Technologies's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where DEFSEC Technologies's EV-to-OCF falls into.
DEFSEC Technologies's current Enterprise Value is C$2.71 Mil.
DEFSEC Technologies's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.03 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.
DEFSEC Technologies (TSXV:DFSC) has a EV-to-OCF of -0.34 as of Aug. 10, 2026. According to the industry distribution chart, DEFSEC Technologies ranks #120 out of 359 companies in the Aerospace & Defense industry, placing it in the top 33.4%.
Is DEFSEC Technologies' EV-to-OCF too high?
DEFSEC Technologies' current EV-to-OCF is -0.34. Based on the distribution chart, DEFSEC Technologies ranks #120 out of 359 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, DEFSEC Technologies has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does DEFSEC Technologies' EV-to-OCF compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, DEFSEC Technologies ranks #120 out of 359 companies for EV-to-OCF. This puts DEFSEC Technologies in the upper half of its industry. The industry median EV-to-OCF is 14.43. 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 14.43, based on 359 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 Aerospace & Defense industry, the median EV-to-OCF is 14.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DEFSEC Technologies's current EV-to-OCF is -0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DEFSEC Technologies stock overvalued right now?
Based on GuruFocus' analysis, DEFSEC Technologies (TSXV:DFSC) is currently considered Possible Value Trap. The stock's GF Value™ is C$3.08, compared to a current price of C$1.65 — trading 46.4% below its estimated fair value. The current EV-to-OCF is -0.34. DEFSEC Technologies' overall GF Score™ is 33/100 with 4 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 DEFSEC Technologies (TSXV:DFSC), the current EV-to-OCF is -0.34 as of Aug. 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 DEFSEC Technologies (TSXV:DFSC) Overvalued in 2026?
Based on GuruFocus' analysis, DEFSEC Technologies stock appears to be undervalued.
The current stock price of C$1.65 is trading 46.4% below its estimated GF Value™ of C$3.08.
GuruFocus considers DEFSEC Technologies to be Possible Value Trap.
Key valuation signals for TSXV:DFSC:
EV-to-OCF: -0.34
GF Value™: C$3.08 vs. price of C$1.65 (46.4% below fair value)
No single metric tells the full story. See the TSXV:DFSC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DEFSEC Technologies Inc is a canadian defence company. The company develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers, and electronic detection.
33GF Score
Get the complete analysis for TSXV:DFSC
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSXV:DFSC has been successfully added to your 
