EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Applied Energetics's Enterprise Value is $276.74 Mil.
Applied Energetics's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $-9.80 Mil. Therefore, Applied Energetics's EV-to-OCF for today is -28.23.
The historical rank and industry rank for Applied Energetics's EV-to-OCF or its related term are showing as below:
AERG'
s EV-to-OCF Range Over the Past 10 Years
Min: -8616.57 Med: -114.18 Max: -19.6
Current: -28.23
During the past 13 years, the highest EV-to-OCF of Applied Energetics was -19.60. The lowest was -8616.57. And the median was -114.18.
AERG's EV-to-OCF is ranked better than 86.08% of 2492
companies
in the Hardware industry
Industry Median: 9.895
vs AERG: -28.23
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 Energetics's PE Ratio (TTM) for today is calculated as:
Applied Energetics's share price for today is $1.25.
Applied Energetics'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 $-0.080.
* 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 Energetics EV-to-OCF Related Terms
Applied Energetics EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Applied Energetics'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 Scientific & Technical Instruments subindustry, Applied Energetics'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 Energetics EV-to-OCF vs Hardware Industry
For the Hardware industry and Technology sector, Applied Energetics's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Applied Energetics's EV-to-OCF falls into.
Applied Energetics's current Enterprise Value is $276.74 Mil.
Applied Energetics's Cash Flow from Operations 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 $-9.80 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 Energetics (AERG) has a EV-to-OCF of -28.23 as of Jun. 24, 2026. According to the industry distribution chart, Applied Energetics ranks #347 out of 2492 companies in the Hardware industry, placing it in the top 13.9%.
Is Applied Energetics' EV-to-OCF too high?
Applied Energetics' current EV-to-OCF is -28.23. Based on the distribution chart, Applied Energetics ranks #347 out of 2492 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Applied Energetics has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Applied Energetics' EV-to-OCF compare to MVIS and ARBE?
According to the Hardware industry distribution chart, Applied Energetics ranks #347 out of 2492 companies for EV-to-OCF. This places Applied Energetics in the top 14% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 9.90. 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 Hardware company?
The median EV-to-OCF among Hardware companies is 9.90, based on 2,492 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 Hardware industry, the median EV-to-OCF is 9.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Applied Energetics's current EV-to-OCF is -28.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Applied Energetics stock overvalued right now?
Based on GuruFocus' analysis, Applied Energetics (AERG) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.33, compared to a current price of $1.25 — trading 278.8% above its estimated fair value. The current EV-to-OCF is -28.23. Applied Energetics' overall GF Score™ is 26/100 with 4 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 Energetics (AERG), the current EV-to-OCF is -28.23 as of Jun. 24, 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 Energetics (AERG) Overvalued in 2026?
Based on GuruFocus' analysis, Applied Energetics stock appears to be overvalued.
The current stock price of $1.25 is trading 278.8% above its estimated GF Value™ of $0.33.
GuruFocus considers Applied Energetics to be Significantly Overvalued.
Key valuation signals for AERG:
EV-to-OCF: -28.23
GF Value™: $0.33 vs. price of $1.25 (278.8% above fair value)
No single metric tells the full story. See the AERG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Applied Energetics Inc specializes in laser and photonics systems, particularly fiber-based ultrashort pulse (USP) laser technologies. Its powerful, dual-use systems are designed for integration and deployment on numerous potential defense platforms for the delivery of high-intensity, ultrashort pulses of light to disable or destroy a target or disrupt a mission. These technologies have applications in both national security and commercial markets. The company operates as one operating segment with a focus on the development and manufacture of high-performance lasers and optical systems, and integrated guided energy systems, for prospective defense, national security, industrial, biomedical, and scientific customers across the world.
26GF Score
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