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WEXWEX +0.30%82 EV-to-OCF is 21.41 as of Aug. 02, 2026, which is 74% above its 10-year median of 12.33. GuruFocus rates WEX with a GF Score™ of 82/100 and a GF Value™ of $216.43 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,878 Software companies, WEX ranks worse than 79.22% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, WEX's Enterprise Value is $5,627 Mil.
WEX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $263 Mil. Therefore, WEX's EV-to-OCF for today is 21.41.
The historical rank and industry rank for WEX's EV-to-OCF or its related term are showing as below:
WEX'
s EV-to-OCF Range Over the Past 10 Years
Min: -238.71 Med: 12.33 Max: 1540.23
Current: 21.41
During the past 13 years, the highest EV-to-OCF of WEX was 1540.23. The lowest was -238.71. And the median was 12.33.
WEX's EV-to-OCF is ranked worse than 79.22% of 2878
companies
in the Software industry
Industry Median: 6.66
vs WEX: 21.41
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 (2026-08-02), WEX's stock price is $186.96.
WEX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $10.040. Therefore, WEX's PE Ratio (TTM) for today is 18.62.
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.
WEX's share price for today is $186.96.
WEX'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 $10.040.
* 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.
WEX EV-to-OCF Related Terms
WEX EV-to-OCF Historical Data
* Premium members only.
The historical data trend for WEX'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 Software - Infrastructure subindustry, WEX'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.
WEX EV-to-OCF vs Software Industry
For the Software industry and Technology sector, WEX's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where WEX's EV-to-OCF falls into.
WEX's current Enterprise Value is $5,627 Mil.
WEX'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 $263 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.
WEX (WEX) has a EV-to-OCF of 21.41 as of Aug. 02, 2026. This is 74% above median its historical median of 12.33. According to the industry distribution chart, WEX ranks #2280 out of 2878 companies in the Software industry, placing it in the top 79.2%.
Is WEX's EV-to-OCF too high?
WEX's current EV-to-OCF of 21.41 is 74% above median its 10-year median of 12.33. The Software industry median EV-to-OCF is 6.66. WEX's value of 21.41 is 221.5% above this industry median. Based on the distribution chart, WEX ranks #2280 out of 2878 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, WEX has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WEX's EV-to-OCF compare to S and ACIW?
According to the Software industry distribution chart, WEX ranks #2280 out of 2878 companies for EV-to-OCF. This places WEX in the lower half of its industry. The industry median EV-to-OCF is 6.66. WEX's value of 21.41 is 221.5% above this benchmark. While the company's 10-year median is 12.33 vs. the industry median of 6.66, WEX 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 Software company?
The median EV-to-OCF among Software companies is 6.66, based on 2,878 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. WEX's current EV-to-OCF of 21.41 is 221.5% 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 Software industry, the median EV-to-OCF is 6.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WEX's current EV-to-OCF is 21.41, which is 74% above median its own 10-year median of 12.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WEX stock overvalued right now?
Based on GuruFocus' analysis, WEX (WEX) is currently considered Modestly Undervalued. The stock's GF Value™ is $216.43, compared to a current price of $186.96 — trading 13.6% below its estimated fair value. The current EV-to-OCF is 21.41, which is 74% above median its 10-year median of 12.33 and 221.5% above the Software industry median of 6.66. WEX's overall GF Score™ is 82/100 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 WEX (WEX), the current EV-to-OCF is 21.41 as of Aug. 02, 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 WEX (WEX) Overvalued in 2026?
Based on GuruFocus' analysis, WEX stock appears to be undervalued.
The current stock price of $186.96 is trading 13.6% below its estimated GF Value™ of $216.43.
GuruFocus considers WEX to be Modestly Undervalued.
Key valuation signals for WEX:
EV-to-OCF: 21.41 (74% above median its 10-year median of 12.33)
GF Value™: $216.43 vs. price of $186.96 (13.6% below fair value)
Industry Position: 221.5% above the Software median (#2280 of 2878)
No single metric tells the full story. See the WEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Its prime end market is the United States of America.
82GF Score
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