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Sonova Holding AGXSWX:SOON +0.77%90 EV-to-OCF is 20.43 as of Aug. 09, 2026, which is 2% below its 10-year median of 20.86. GuruFocus rates XSWX:SOON with a GF Score™ of 90/100 and a GF Value™ of CHF250.81 (Fairly Valued). The stock has 7 warning signs investors should review. Among 853 Medical Devices & Instruments companies, Sonova Holding AG ranks worse than 76.32% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Sonova Holding AG's Enterprise Value is CHF15,007 Mil.
Sonova Holding AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was CHF735 Mil. Therefore, Sonova Holding AG's EV-to-OCF for today is 20.43.
The historical rank and industry rank for Sonova Holding AG's EV-to-OCF or its related term are showing as below:
XSWX:SOON'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.56 Med: 20.86 Max: 32.92
Current: 20.43
During the past 13 years, the highest EV-to-OCF of Sonova Holding AG was 32.92. The lowest was 12.56. And the median was 20.86.
XSWX:SOON's EV-to-OCF is ranked worse than 76.32% of 853
companies
in the Medical Devices & Instruments industry
Industry Median: 7.82
vs XSWX:SOON: 20.43
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.
Sonova Holding AG (XSWX:SOON) 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.
Sonova Holding AG's PE Ratio (TTM) for today is calculated as:
Sonova Holding AG's share price for today is CHF235.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sonova Holding AG's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was CHF7.220.
* 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.
Sonova Holding AG EV-to-OCF Related Terms
Sonova Holding AG EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Sonova Holding AG'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 Medical Devices subindustry, Sonova Holding AG'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.
Sonova Holding AG EV-to-OCF vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Sonova Holding AG's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Sonova Holding AG's EV-to-OCF falls into.
Sonova Holding AG's current Enterprise Value is CHF15,007 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Sonova Holding AG's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was CHF735 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.
Sonova Holding AG (XSWX:SOON) has a EV-to-OCF of 20.43 as of Aug. 09, 2026. This is near median its historical median of 20.86. Over the past decade, Sonova Holding AG's EV-to-OCF has ranged from 12.56 to 32.92. According to the industry distribution chart, Sonova Holding AG ranks #651 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 76.3%.
Is Sonova Holding AG's EV-to-OCF too high?
Sonova Holding AG's current EV-to-OCF of 20.43 is near median its 10-year median of 20.86. Over the past 10 years, this metric has ranged from a low of 12.56 to a high of 32.92. The Medical Devices & Instruments industry median EV-to-OCF is 7.82. Sonova Holding AG's value of 20.43 is 161.3% above this industry median. Based on the distribution chart, Sonova Holding AG ranks #651 out of 853 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, Sonova Holding AG has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sonova Holding AG's EV-to-OCF compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Sonova Holding AG ranks #651 out of 853 companies for EV-to-OCF. This places Sonova Holding AG in the lower half of its industry. The industry median EV-to-OCF is 7.82. Sonova Holding AG's value of 20.43 is 161.3% above this benchmark. Historically, Sonova Holding AG's own EV-to-OCF has ranged from 12.56 to 32.92 over the past decade. While the company's 10-year median is 20.86 vs. the industry median of 7.82, Sonova Holding AG 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 Medical Devices & Instruments company?
The median EV-to-OCF among Medical Devices & Instruments companies is 7.82, based on 853 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. Sonova Holding AG's current EV-to-OCF of 20.43 is 161.3% 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 Medical Devices & Instruments industry, the median EV-to-OCF is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sonova Holding AG's current EV-to-OCF is 20.43, which is near median its own 10-year median of 20.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonova Holding AG stock overvalued right now?
Based on GuruFocus' analysis, Sonova Holding AG (XSWX:SOON) is currently considered Fairly Valued. The stock's GF Value™ is CHF250.81, compared to a current price of CHF235.60 — trading 6.1% below its estimated fair value. The current EV-to-OCF is 20.43, which is near median its 10-year median of 20.86 and 161.3% above the Medical Devices & Instruments industry median of 7.82. Sonova Holding AG's overall GF Score™ is 90/100 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 Sonova Holding AG (XSWX:SOON), the current EV-to-OCF is 20.43 as of Aug. 09, 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 Sonova Holding AG (XSWX:SOON) Overvalued in 2026?
Based on GuruFocus' analysis, Sonova Holding AG stock appears to be undervalued.
The current stock price of CHF235.60 is trading 6.1% below its estimated GF Value™ of CHF250.81.
GuruFocus considers Sonova Holding AG to be Fairly Valued.
Key valuation signals for XSWX:SOON:
EV-to-OCF: 20.43 (near median its 10-year median of 20.86)
GF Value™: CHF250.81 vs. price of CHF235.60 (6.1% below fair value)
Industry Position: 161.3% above the Medical Devices & Instruments median (#651 of 853)
No single metric tells the full story. See the XSWX:SOON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sonova is one of the world's largest manufacturers and distributors of hearing aids. The company is based in Switzerland and distributes its products in more than 100 countries through its internal sales team and independent retailers. It also sells cochlear implants and audio technologies.
90GF Score
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