EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Applied Digital's Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was CHF-36.0 Mil. Therefore, Applied Digital's EV-to-OCF for today is -237.00.
The historical rank and industry rank for Applied Digital's EV-to-OCF or its related term are showing as below:
XSWX:APLD'
s EV-to-OCF Range Over the Past 10 Years
Min: -400.76 Med: 5.29 Max: 210.39
Current: -292.86
During the past 13 years, the highest EV-to-OCF of Applied Digital was 210.39. The lowest was -400.76. And the median was 5.29.
XSWX:APLD's EV-to-OCF is ranked better than 97.98% of 2871
companies
in the Software industry
Industry Median: 6.47
vs XSWX:APLD: -292.86
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.
Applied Digital's PE Ratio (TTM) for today is calculated as:
Applied Digital's share price for today is CHF27.30.
Applied Digital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-0.740.
* 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.
Applied Digital EV-to-OCF Related Terms
Applied Digital EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Applied Digital'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 Information Technology Services subindustry, Applied Digital'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.
Applied Digital EV-to-OCF vs Software Industry
For the Software industry and Technology sector, Applied Digital's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Applied Digital's EV-to-OCF falls into.
Applied Digital's current Enterprise Value is CHF8,533.2 Mil.
Applied Digital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF-36.0 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.
Applied Digital (XSWX:APLD) has a EV-to-OCF of -237.00 as of Jul. 04, 2026. According to the industry distribution chart, Applied Digital ranks #58 out of 2871 companies in the Software industry, placing it in the top 2%.
Is Applied Digital's EV-to-OCF too high?
Applied Digital's current EV-to-OCF is -237.00. Based on the distribution chart, Applied Digital ranks #58 out of 2871 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Applied Digital's EV-to-OCF compare to ?
According to the Software industry distribution chart, Applied Digital ranks #58 out of 2871 companies for EV-to-OCF. This places Applied Digital in the top 2% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 6.47. 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 6.47, based on 2,871 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 Software industry, the median EV-to-OCF is 6.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Digital's current EV-to-OCF is -237.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Digital stock overvalued right now?
Applied Digital (XSWX:APLD) has a current EV-to-OCF of -237.00. The stock's GF Value™ is CHF11.40, compared to a current price of CHF27.30 — trading 139.5% above its estimated fair value. The current EV-to-OCF is -237.00. Applied Digital's overall GF Score™ is 38/100 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 Applied Digital (XSWX:APLD), the current EV-to-OCF is -237.00 as of Jul. 04, 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 Applied Digital (XSWX:APLD) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Digital stock appears to be overvalued.
The current stock price of CHF27.30 is trading 139.5% above its estimated GF Value™ of CHF11.40.
Key valuation signals for XSWX:APLD:
EV-to-OCF: -237.00
GF Value™: CHF11.40 vs. price of CHF27.30 (139.5% above fair value)
No single metric tells the full story. See the XSWX:APLD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Digital Corp is a designer, developer, and operator of next-generation digital infrastructure across North America. It provides digital infrastructure solutions and cloud services to industries like High-Performance Computing (HPC) and Artificial Intelligence (AI). The company operates in the following business segments: Data Center Hosting Business and HPC Hosting Business. The majority of its revenue is generated from the Data Center Hosting Business, which operates data centers to provide energized space to crypto mining customers.
38GF Score
Get the complete analysis for XSWX:APLD
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
XSWX:APLD has been successfully added to your 
