HoyaHOCPF 98 EV-to-FCF is 34.47 as of Jul. 02, 2026, which is 21% above its 10-year median of 28.44. GuruFocus rates HOCPF with a GF Score™ of 98/100 and a GF Value™ of $152.22 (Fairly Valued). The stock has 1 warning sign investors should review. Among 417 Medical Devices & Instruments companies, Hoya ranks worse than 66.91% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Hoya's Enterprise Value is $50,338 Mil.
Hoya's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,460 Mil. Therefore, Hoya's EV-to-FCF for today is 34.47.
The historical rank and industry rank for Hoya's EV-to-FCF or its related term are showing as below:
HOCPF'
s EV-to-FCF Range Over the Past 10 Years
Min: 11.78 Med: 28.44 Max: 48.3
Current: 34.47
During the past 13 years, the highest EV-to-FCF of Hoya was 48.30. The lowest was 11.78. And the median was 28.44.
HOCPF's EV-to-FCF is ranked worse than 66.91% of 417
companies
in the Medical Devices & Instruments industry
Industry Median: 22.52
vs HOCPF: 34.47
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.
As of today (2026-07-02), Hoya's stock price is $154.578.
Hoya's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $4.886. Therefore, Hoya's PE Ratio (TTM) for today is 31.64.
Hoya (OTCPK:HOCPF) EV-to-FCF Explanation
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.
Hoya's share price for today is $154.578.
Hoya's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.886.
* 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.
Hoya EV-to-FCF Related Terms
Hoya EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Hoya'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 Medical Instruments & Supplies subindustry, Hoya'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.
Hoya EV-to-FCF vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Hoya's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Hoya's EV-to-FCF falls into.
Hoya's current Enterprise Value is $50,338 Mil.
Hoya's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,460 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.
Hoya (HOCPF) has a EV-to-FCF of 34.47 as of Jul. 02, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Hoya and its competitors. This is 21% above median its historical median of 28.44. Over the past decade, Hoya's EV-to-FCF has ranged from 11.78 to 48.30. According to the industry distribution chart, Hoya ranks #279 out of 417 companies in the Medical Devices & Instruments industry, placing it in the top 66.9%.
Is Hoya's EV-to-FCF too high?
Hoya's current EV-to-FCF of 34.47 is 21% above median its 10-year median of 28.44. Over the past 10 years, this metric has ranged from a low of 11.78 to a high of 48.30. The Medical Devices & Instruments industry median EV-to-FCF is 22.52. Hoya's value of 34.47 is 53.1% above this industry median. Based on the distribution chart, Hoya ranks #279 out of 417 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Hoya has a GF Score™ of 98/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hoya's EV-to-FCF compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Hoya ranks #279 out of 417 companies for EV-to-FCF. This places Hoya in the lower half of its industry. The industry median EV-to-FCF is 22.52. Hoya's value of 34.47 is 53.1% above this benchmark. Historically, Hoya's own EV-to-FCF has ranged from 11.78 to 48.30 over the past decade. While the company's 10-year median is 28.44 vs. the industry median of 22.52, Hoya 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 Medical Devices & Instruments company?
The median EV-to-FCF among Medical Devices & Instruments companies is 22.52, based on 417 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. Hoya's current EV-to-FCF of 34.47 is 53.1% 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 Hoya and its competitors. For the Medical Devices & Instruments industry, the median EV-to-FCF is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hoya's current EV-to-FCF is 34.47, which is 21% above median its own 10-year median of 28.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hoya stock overvalued right now?
Based on GuruFocus' analysis, Hoya (HOCPF) is currently considered Fairly Valued. The stock's GF Value™ is $152.22, compared to a current price of $154.58 — trading 1.5% above its estimated fair value. The current EV-to-FCF is 34.47, which is 21% above median its 10-year median of 28.44 and 53.1% above the Medical Devices & Instruments industry median of 22.52. Hoya's overall GF Score™ is 98/100 with 1 warning sign 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 Hoya (HOCPF), the current EV-to-FCF is 34.47 as of Jul. 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 Hoya (HOCPF) Overvalued in 2026?
Based on GuruFocus' analysis, Hoya stock appears to be overvalued.
The current stock price of $154.58 is trading 1.5% above its estimated GF Value™ of $152.22.
GuruFocus considers Hoya to be Fairly Valued.
Key valuation signals for HOCPF:
EV-to-FCF: 34.47 (21% above median its 10-year median of 28.44)
GF Value™: $152.22 vs. price of $154.58 (1.5% above fair value)
Industry Position: 53.1% above the Medical Devices & Instruments median (#279 of 417)
No single metric tells the full story. See the HOCPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1941 in Tokyo as an optical glass production plant, Hoya is one of the largest eyeglass lens manufacturers in the world. Leveraging its technology know-how in glass manufacturing, Hoya entered the mask blanks business in 1974. Now although its life care business accounts for more than 60% of its total revenue, majority of its profit before tax comes from its higher-margin IT business.
98GF Score
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