Oxford InstrumentsFRA:OX3 +0.55%77 EV-to-FCF is 37.49 as of Jul. 03, 2026, which is 26% above its 10-year median of 29.72. GuruFocus rates FRA:OX3 with a GF Score™ of 77/100 and a GF Value™ of €24.16 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,327 Hardware companies, Oxford Instruments ranks worse than 61.72% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Oxford Instruments's Enterprise Value is €1,907.2 Mil.
Oxford Instruments's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €50.9 Mil. Therefore, Oxford Instruments's EV-to-FCF for today is 37.49.
The historical rank and industry rank for Oxford Instruments's EV-to-FCF or its related term are showing as below:
FRA:OX3'
s EV-to-FCF Range Over the Past 10 Years
Min: 12.52 Med: 29.72 Max: 100.82
Current: 37.31
During the past 13 years, the highest EV-to-FCF of Oxford Instruments was 100.82. The lowest was 12.52. And the median was 29.72.
FRA:OX3's EV-to-FCF is ranked worse than 61.72% of 1327
companies
in the Hardware industry
Industry Median: 23.98
vs FRA:OX3: 37.31
EV-to-FCF 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-FCF 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.
Oxford Instruments's PE Ratio (TTM) for today is calculated as:
Oxford Instruments's share price for today is €36.40.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Oxford Instruments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.965.
* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Oxford Instruments EV-to-FCF Related Terms
Oxford Instruments EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Oxford Instruments's EV-to-FCF 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 Scientific & Technical Instruments subindustry, Oxford Instruments's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Oxford Instruments EV-to-FCF vs Hardware Industry
For the Hardware industry and Technology sector, Oxford Instruments's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Oxford Instruments's EV-to-FCF falls into.
Oxford Instruments's current Enterprise Value is €1,907.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Oxford Instruments's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was €50.9 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.
Oxford Instruments (FRA:OX3) has a EV-to-FCF of 37.49 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Oxford Instruments and its competitors. This is 26% above median its historical median of 29.72. Over the past decade, Oxford Instruments' EV-to-FCF has ranged from 12.52 to 100.82. According to the industry distribution chart, Oxford Instruments ranks #819 out of 1327 companies in the Hardware industry, placing it in the top 61.7%.
Is Oxford Instruments' EV-to-FCF too high?
Oxford Instruments' current EV-to-FCF of 37.49 is 26% above median its 10-year median of 29.72. Over the past 10 years, this metric has ranged from a low of 12.52 to a high of 100.82. The Hardware industry median EV-to-FCF is 23.98. Oxford Instruments' value of 37.49 is 56.3% above this industry median. Based on the distribution chart, Oxford Instruments ranks #819 out of 1327 companies in the Hardware industry, which is below the industry midpoint. Overall, Oxford Instruments has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Oxford Instruments' EV-to-FCF compare to COHR and KEYS?
According to the Hardware industry distribution chart, Oxford Instruments ranks #819 out of 1327 companies for EV-to-FCF. This places Oxford Instruments in the lower half of its industry. The industry median EV-to-FCF is 23.98. Oxford Instruments' value of 37.49 is 56.3% above this benchmark. Historically, Oxford Instruments' own EV-to-FCF has ranged from 12.52 to 100.82 over the past decade. While the company's 10-year median is 29.72 vs. the industry median of 23.98, Oxford Instruments 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-FCF for a Hardware company?
The median EV-to-FCF among Hardware companies is 23.98, based on 1,327 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Oxford Instruments's current EV-to-FCF of 37.49 is 56.3% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Oxford Instruments and its competitors. For the Hardware industry, the median EV-to-FCF is 23.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oxford Instruments's current EV-to-FCF is 37.49, which is 26% above median its own 10-year median of 29.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oxford Instruments stock overvalued right now?
Based on GuruFocus' analysis, Oxford Instruments (FRA:OX3) is currently considered Significantly Overvalued. The stock's GF Value™ is €24.16, compared to a current price of €36.40 — trading 50.7% above its estimated fair value. The current EV-to-FCF is 37.49, which is 26% above median its 10-year median of 29.72 and 56.3% above the Hardware industry median of 23.98. Oxford Instruments' overall GF Score™ is 77/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Oxford Instruments (FRA:OX3), the current EV-to-FCF is 37.49 as of Jul. 03, 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 Oxford Instruments (FRA:OX3) Overvalued in 2026?
Based on GuruFocus' analysis, Oxford Instruments stock appears to be overvalued.
The current stock price of €36.40 is trading 50.7% above its estimated GF Value™ of €24.16.
GuruFocus considers Oxford Instruments to be Significantly Overvalued.
Key valuation signals for FRA:OX3:
EV-to-FCF: 37.49 (26% above median its 10-year median of 29.72)
GF Value™: €24.16 vs. price of €36.40 (50.7% above fair value)
Industry Position: 56.3% above the Hardware median (#819 of 1327)
No single metric tells the full story. See the FRA:OX3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oxford Instruments PLC is engaged in researching, developing, manufacturing, renting, selling, and servicing high-technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterization of materials and devices down to the atomic scale. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe, North America, and the Rest of the World.
77GF Score
Get the complete analysis for FRA:OX3
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:OX3 has been successfully added to your 
