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Xerox HoldingsXRX +1.58%59 EV-to-OCF is 20.18 as of Sep. 02, 2026, which is 98% above its 10-year median of 10.21. GuruFocus rates XRX with a GF Score™ of 59/100 and a GF Value™ of $9.24 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 3,087 Industrial Products companies, Xerox Holdings ranks worse than 64.27% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Xerox Holdings's Enterprise Value is $4,380 Mil.
Xerox Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $217 Mil. Therefore, Xerox Holdings's EV-to-OCF for today is 20.18.
The historical rank and industry rank for Xerox Holdings's EV-to-OCF or its related term are showing as below:
XRX'
s EV-to-OCF Range Over the Past 10 Years
Min: -120.92 Med: 10.21 Max: 88.97
Current: 20.18
During the past 13 years, the highest EV-to-OCF of Xerox Holdings was 88.97. The lowest was -120.92. And the median was 10.21.
XRX's EV-to-OCF is ranked worse than 64.27% of 3087
companies
in the Industrial Products industry
Industry Median: 11.16
vs XRX: 20.18
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.
Xerox Holdings's PE Ratio (TTM) for today is calculated as:
Xerox Holdings's share price for today is $3.205.
Xerox Holdings'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 $-7.380.
* 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.
Xerox Holdings EV-to-OCF Related Terms
Xerox Holdings EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Xerox Holdings'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 Business Equipment & Supplies subindustry, Xerox Holdings'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.
Xerox Holdings EV-to-OCF vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Xerox Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Xerox Holdings's EV-to-OCF falls into.
Xerox Holdings's current Enterprise Value is $4,380 Mil.
Xerox Holdings'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 $217 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.
Xerox Holdings (XRX) has a EV-to-OCF of 20.18 as of Sep. 02, 2026. This is 98% above median its historical median of 10.21. According to the industry distribution chart, Xerox Holdings ranks #1984 out of 3087 companies in the Industrial Products industry, placing it in the top 64.3%.
Is Xerox Holdings' EV-to-OCF too high?
Xerox Holdings' current EV-to-OCF of 20.18 is 98% above median its 10-year median of 10.21. The Industrial Products industry median EV-to-OCF is 11.16. Xerox Holdings' value of 20.18 is 80.8% above this industry median. Based on the distribution chart, Xerox Holdings ranks #1984 out of 3087 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Xerox Holdings has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Xerox Holdings' EV-to-OCF compare to ACCO and ACTG?
According to the Industrial Products industry distribution chart, Xerox Holdings ranks #1984 out of 3087 companies for EV-to-OCF. This places Xerox Holdings in the lower half of its industry. The industry median EV-to-OCF is 11.16. Xerox Holdings' value of 20.18 is 80.8% above this benchmark. While the company's 10-year median is 10.21 vs. the industry median of 11.16, Xerox Holdings 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 an Industrial Products company?
The median EV-to-OCF among Industrial Products companies is 11.16, based on 3,087 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. Xerox Holdings's current EV-to-OCF of 20.18 is 80.8% 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 Industrial Products industry, the median EV-to-OCF is 11.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xerox Holdings's current EV-to-OCF is 20.18, which is 98% above median its own 10-year median of 10.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xerox Holdings stock overvalued right now?
Based on GuruFocus' analysis, Xerox Holdings (XRX) is currently considered Possible Value Trap. The stock's GF Value™ is $9.24, compared to a current price of $3.21 — trading 65.3% below its estimated fair value. The current EV-to-OCF is 20.18, which is 98% above median its 10-year median of 10.21 and 80.8% above the Industrial Products industry median of 11.16. Xerox Holdings' overall GF Score™ is 59/100 with 7 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 Xerox Holdings (XRX), the current EV-to-OCF is 20.18 as of Sep. 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 Xerox Holdings (XRX) Overvalued in 2026?
Based on GuruFocus' analysis, Xerox Holdings stock appears to be undervalued.
The current stock price of $3.21 is trading 65.3% below its estimated GF Value™ of $9.24.
GuruFocus considers Xerox Holdings to be Possible Value Trap.
Key valuation signals for XRX:
EV-to-OCF: 20.18 (98% above median its 10-year median of 10.21)
GF Value™: $9.24 vs. price of $3.21 (65.3% below fair value)
Industry Position: 80.8% above the Industrial Products median (#1984 of 3087)
No single metric tells the full story. See the XRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Xerox Holdings Corp is a workplace technology company, building and integrating services-led, software-enabled, workplace solutions for enterprises large and small. It provide advance document technology, services, software, and integrated IT infrastructure solutions for a range of customers including small and mid-sized businesses, large enterprises, governments and graphic communications providers, and for partners who serve them. Xerox serves customers globally in North America, Europe, Latin America, Brazil, Asia Pacific (APAC), the Middle East, Africa, and India.
59GF Score
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