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Lam ResearchXSWX:LRCX +1.55%85 EV-to-OCF is 74.74 as of Aug. 18, 2026, which is 312% above its 10-year median of 18.13. GuruFocus rates XSWX:LRCX with a GF Score™ of 85/100 and a GF Value™ of CHF118.19. The stock has 2 warning signs investors should review. Among 1,033 Semiconductors companies, Lam Research ranks worse than 83.93% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Lam Research's Enterprise Value is CHF348,206 Mil.
Lam Research's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was CHF4,659 Mil. Therefore, Lam Research's EV-to-OCF for today is 74.74.
The historical rank and industry rank for Lam Research's EV-to-OCF or its related term are showing as below:
XSWX:LRCX'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.63 Med: 18.13 Max: 75.04
Current: 73.14
During the past 13 years, the highest EV-to-OCF of Lam Research was 75.04. The lowest was 6.63. And the median was 18.13.
XSWX:LRCX's EV-to-OCF is ranked worse than 83.93% of 1033
companies
in the Semiconductors industry
Industry Median: 14.23
vs XSWX:LRCX: 73.14
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.
Lam Research's PE Ratio (TTM) for today is calculated as:
Lam Research's share price for today is CHF274.85.
Lam Research'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 CHF4.580.
* 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.
Lam Research EV-to-OCF Related Terms
Lam Research EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Lam Research'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.
XSWX:LRCX vs AMAT, KLAC, TER: EV-to-OCF Comparison
For the Semiconductor Equipment & Materials subindustry, Lam Research'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.
Lam Research EV-to-OCF vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Lam Research's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Lam Research's EV-to-OCF falls into.
Lam Research's current Enterprise Value is CHF348,206 Mil.
Lam Research'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 CHF4,659 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.
Lam Research (XSWX:LRCX) has a EV-to-OCF of 74.74 as of Aug. 18, 2026. This is 312% above median its historical median of 18.13. Over the past decade, Lam Research's EV-to-OCF has ranged from 6.63 to 75.04. According to the industry distribution chart, Lam Research ranks #867 out of 1033 companies in the Semiconductors industry, placing it in the top 83.9%.
Is Lam Research's EV-to-OCF too high?
Lam Research's current EV-to-OCF of 74.74 is 312% above median its 10-year median of 18.13. Over the past 10 years, this metric has ranged from a low of 6.63 to a high of 75.04. The Semiconductors industry median EV-to-OCF is 14.23. Lam Research's value of 74.74 is 425.2% above this industry median. Based on the distribution chart, Lam Research ranks #867 out of 1033 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Lam Research has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Lam Research's EV-to-OCF compare to AMAT and KLAC?
According to the Semiconductors industry distribution chart, Lam Research ranks #867 out of 1033 companies for EV-to-OCF. This places Lam Research in the lower half of its industry. The industry median EV-to-OCF is 14.23. Lam Research's value of 74.74 is 425.2% above this benchmark. Historically, Lam Research's own EV-to-OCF has ranged from 6.63 to 75.04 over the past decade. While the company's 10-year median is 18.13 vs. the industry median of 14.23, Lam Research 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 Semiconductors company?
The median EV-to-OCF among Semiconductors companies is 14.23, based on 1,033 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. Lam Research's current EV-to-OCF of 74.74 is 425.2% 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 Semiconductors industry, the median EV-to-OCF is 14.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lam Research's current EV-to-OCF is 74.74, which is 312% above median its own 10-year median of 18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lam Research stock overvalued right now?
Lam Research (XSWX:LRCX) has a current EV-to-OCF of 74.74. The stock's GF Value™ is CHF118.19, compared to a current price of CHF274.85 — trading 132.5% above its estimated fair value. The current EV-to-OCF is 74.74, which is 312% above median its 10-year median of 18.13 and 425.2% above the Semiconductors industry median of 14.23. Lam Research's overall GF Score™ is 85/100 with 2 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 Lam Research (XSWX:LRCX), the current EV-to-OCF is 74.74 as of Aug. 18, 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 Lam Research (XSWX:LRCX) Overvalued in 2026?
Based on GuruFocus' analysis, Lam Research stock appears to be overvalued.
The current stock price of CHF274.85 is trading 132.5% above its estimated GF Value™ of CHF118.19.
Key valuation signals for XSWX:LRCX:
EV-to-OCF: 74.74 (312% above median its 10-year median of 18.13)
GF Value™: CHF118.19 vs. price of CHF274.85 (132.5% above fair value)
Industry Position: 425.2% above the Semiconductors median (#867 of 1033)
No single metric tells the full story. See the XSWX:LRCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lam Research is one of the largest semiconductor wafer fabrication equipment manufacturers in the world. It specializes in deposition and etch, which entail the buildup of layers on a semiconductor and the subsequent selective removal of patterns from each layer. Lam holds the top market share in etch and holds the clear second share in deposition. It is more exposed to memory chipmakers for DRAM and NAND chips. It counts as top customers the largest chipmakers in the world, including TSMC, Samsung, Intel, and Micron.
85GF Score
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