Talgo (XMAD:TLGO) EV-to-OCF: -6.52 (As of Aug. 29, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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XMAD:TLGO Talgo SA XMAD:TLGO
73 GF Score
Price €2.70
GF Value €2.70
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is Talgo EV-to-OCF?

Talgo XMAD:TLGO +0.19% 73 EV-to-OCF is -6.52 as of Aug. 29, 2026. GuruFocus rates XMAD:TLGO with a GF Score™ of 73/100 and a GF Value™ of €2.70 (Fairly Valued). The stock has 12 warning signs investors should review. Among 1,012 Transportation companies, Talgo ranks better than 88.64% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Talgo's Enterprise Value is €848.6 Mil. Talgo's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €-130.2 Mil. Therefore, Talgo's EV-to-OCF for today is -6.52.

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

XMAD:TLGO' s EV-to-OCF Range Over the Past 10 Years
Min: -32.19   Med: -7.19   Max: 24.92
Current: -6.54

During the past 13 years, the highest EV-to-OCF of Talgo was 24.92. The lowest was -32.19. And the median was -7.19.

XMAD:TLGO's EV-to-OCF is ranked better than
88.64% of 1012 companies
in the Transportation industry
Industry Median: 7.955 vs XMAD:TLGO: -6.54

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 (2026-08-29), Talgo's stock price is €2.695. Talgo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.460. Therefore, Talgo's PE Ratio (TTM) for today is At Loss.


Talgo  (XMAD:TLGO) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.695/-0.460
=At Loss

Talgo's share price for today is €2.695.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Talgo's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.460.

* 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.


Talgo EV-to-OCF Related Terms


Talgo EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Talgo'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.

Talgo EV-to-OCF Chart

Talgo Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.83 -21.55 -7.33 -7.82 -7.98

Talgo Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 0.00 -7.82 0.00 -7.98 0.00

XMAD:TLGO vs UNP, CSX, NSC: EV-to-OCF Comparison

For the Railroads subindustry, Talgo'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.


Talgo EV-to-OCF vs Transportation Industry

For the Transportation industry and Industrials sector, Talgo's EV-to-OCF distribution charts can be found below:

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


XMAD:TLGO
73GF Score
Talgo SA XMAD:TLGO
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Talgo EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=848.576/-130.194
=-6.52

Talgo's current Enterprise Value is €848.6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Talgo's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €-130.2 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 -6.52 mean?
Talgo (XMAD:TLGO) has a EV-to-OCF of -6.52 as of Aug. 29, 2026. According to the industry distribution chart, Talgo ranks #115 out of 1012 companies in the Transportation industry, placing it in the top 11.4%.
Is Talgo's EV-to-OCF too high?
Talgo's current EV-to-OCF is -6.52. Based on the distribution chart, Talgo ranks #115 out of 1012 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Talgo has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Talgo's EV-to-OCF compare to UNP and CSX?
According to the Transportation industry distribution chart, Talgo ranks #115 out of 1012 companies for EV-to-OCF. This places Talgo in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 7.96. 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 Transportation company?
The median EV-to-OCF among Transportation companies is 7.96, based on 1,012 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 Transportation industry, the median EV-to-OCF is 7.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Talgo's current EV-to-OCF is -6.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Talgo stock overvalued right now?
Based on GuruFocus' analysis, Talgo (XMAD:TLGO) is currently considered Fairly Valued. The stock's GF Value™ is €2.70, compared to a current price of €2.70 — trading 0.2% below its estimated fair value. The current EV-to-OCF is -6.52. Talgo's overall GF Score™ is 73/100 with 12 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 Talgo (XMAD:TLGO), the current EV-to-OCF is -6.52 as of Aug. 29, 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 Talgo (XMAD:TLGO) Overvalued in 2026?

Based on GuruFocus' analysis, Talgo stock appears to be undervalued. The current stock price of €2.70 is trading 0.2% below its estimated GF Value™ of €2.70. GuruFocus considers Talgo to be Fairly Valued.

Key valuation signals for XMAD:TLGO:

  • EV-to-OCF: -6.52
  • GF Value™: €2.70 vs. price of €2.70 (0.2% below fair value)
  • GF Score™: 73/100 with 12 warning signs

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


Talgo Business Description

Other Exchanges 0R99:UKXTG:Germany
Address Paseo del tren Talgo, 2, Las Matas, Madrid, ESP, 28290
Talgo SA is a Spain-based company engaged in the design and manufacture of rolling stock. It operates in three business segments: Rolling stock, which accounts for the majority of revenue; Auxiliary machines & Others; and General. The Rolling stock segment is responsible for train production, as well as for the maintenance of trains that use the company's technology. The Auxiliary Machines & Others segment provides the manufacture and technical service of lathes, as well as the sale of related spare parts. The company's product range comprises high-speed rolling stock, intercity trains, and locomotives, among others. Talgo's geographical segments are Spain, the Rest of Europe, America, the Middle East & North Africa, the Commonwealth of Independent States, and APAC.
73GF Score

Get the complete analysis for XMAD:TLGO

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

€2.70
Price
€2.70
GF Value