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Volvo ABVOLAF -1.64%92 EV-to-OCF is 16.92 as of Jul. 17, 2026, which is 9% above its 10-year median of 15.59. GuruFocus rates VOLAF with a GF Score™ of 92/100 and a GF Value™ of $28.52 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 212 Farm & Heavy Construction Machinery companies, Volvo AB ranks worse than 70.75% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Volvo AB's Enterprise Value is $90,160 Mil.
Volvo AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $5,327 Mil. Therefore, Volvo AB's EV-to-OCF for today is 16.92.
The historical rank and industry rank for Volvo AB's EV-to-OCF or its related term are showing as below:
VOLAF'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.08 Med: 15.59 Max: 37.54
Current: 17.49
During the past 13 years, the highest EV-to-OCF of Volvo AB was 37.54. The lowest was 8.08. And the median was 15.59.
VOLAF's EV-to-OCF is ranked worse than 70.75% of 212
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 8.955
vs VOLAF: 17.49
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.
Volvo AB's share price for today is $34.15.
Volvo AB'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 $1.725.
* 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.
Volvo AB EV-to-OCF Related Terms
Volvo AB EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Volvo AB'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 Farm & Heavy Construction Machinery subindustry, Volvo AB'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.
Volvo AB EV-to-OCF vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Volvo AB's EV-to-OCF falls into.
Volvo AB's current Enterprise Value is $90,160 Mil.
Volvo AB'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 $5,327 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.
Volvo AB (VOLAF) has a EV-to-OCF of 16.92 as of Jul. 17, 2026. This is near median its historical median of 15.59. Over the past decade, Volvo AB's EV-to-OCF has ranged from 8.08 to 37.54. According to the industry distribution chart, Volvo AB ranks #150 out of 212 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 70.8%.
Is Volvo AB's EV-to-OCF too high?
Volvo AB's current EV-to-OCF of 16.92 is near median its 10-year median of 15.59. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 37.54. The Farm & Heavy Construction Machinery industry median EV-to-OCF is 8.96. Volvo AB's value of 16.92 is 88.9% above this industry median. Based on the distribution chart, Volvo AB ranks #150 out of 212 companies in the Farm & Heavy Construction Machinery industry, which is below the industry midpoint. Overall, Volvo AB has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Volvo AB's EV-to-OCF compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Volvo AB ranks #150 out of 212 companies for EV-to-OCF. This places Volvo AB in the lower half of its industry. The industry median EV-to-OCF is 8.96. Volvo AB's value of 16.92 is 88.9% above this benchmark. Historically, Volvo AB's own EV-to-OCF has ranged from 8.08 to 37.54 over the past decade. While the company's 10-year median is 15.59 vs. the industry median of 8.96, Volvo AB 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 a Farm & Heavy Construction Machinery company?
The median EV-to-OCF among Farm & Heavy Construction Machinery companies is 8.96, based on 212 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. Volvo AB's current EV-to-OCF of 16.92 is 88.9% 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 Farm & Heavy Construction Machinery industry, the median EV-to-OCF is 8.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Volvo AB's current EV-to-OCF is 16.92, which is near median its own 10-year median of 15.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Volvo AB stock overvalued right now?
Based on GuruFocus' analysis, Volvo AB (VOLAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.52, compared to a current price of $34.15 — trading 19.7% above its estimated fair value. The current EV-to-OCF is 16.92, which is near median its 10-year median of 15.59 and 88.9% above the Farm & Heavy Construction Machinery industry median of 8.96. Volvo AB's overall GF Score™ is 92/100 with 8 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 Volvo AB (VOLAF), the current EV-to-OCF is 16.92 as of Jul. 17, 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 Volvo AB (VOLAF) Overvalued in 2026?
Based on GuruFocus' analysis, Volvo AB stock appears to be overvalued.
The current stock price of $34.15 is trading 19.7% above its estimated GF Value™ of $28.52.
GuruFocus considers Volvo AB to be Modestly Overvalued.
Key valuation signals for VOLAF:
EV-to-OCF: 16.92 (near median its 10-year median of 15.59)
GF Value™: $28.52 vs. price of $34.15 (19.7% above fair value)
Industry Position: 88.9% above the Farm & Heavy Construction Machinery median (#150 of 212)
No single metric tells the full story. See the VOLAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The Volvo Group is one of the largest global truck, bus, construction equipment, and engine and power system original equipment manufacturers, operating with the Volvo, Renault Truck, Mack Trucks, Volvo Penta, and Nova Bus brands. Among the four largest Western global brands—Volvo, Daimler, Paccar, and Traton—Volvo ranks third in terms of annual deliveries. Its truck, construction equipment, bus, and engines and power system segments contributed 71%, 18%, 5%, and 5%, respectively, to industrial operations' revenue in 2025. An in-house financial services division supports these businesses. In its key regions of Europe, North America, Brazil, and Australia, the truck business holds large market shares of 29%, 17%, 24%, and 22%, respectively.
92GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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