Basis: FMP quote market capitalization / four-quarter operating cash flow. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the Price/OCF ratio high or low?
The Price/OCF ratio of 35.62 is 65% below its estimated 5-year average of 102.31, near the low end of its estimated 5-year range (23.72–1198.60).
As of 2026-10-06T14:27:06.679Z. 69.66% below its estimated 12-month average of 117.41.
Calculation as of: 2026-10-06T14:27:06.679Z.
Quote observation: 2026-10-06T14:24:52.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 34c8121147dec23cd294d5ba5ccce51b73b1879410994e59f1d491094cbd814c
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation. Historical series through 2026-10-05.
Historical values estimate market capitalization from statement-period weighted shares. Comparisons with the current quote-based value are approximate. Only filing versions delivered by FMP are available for the historical calculation.
PRICE/OCF RATIO
35.62
PRICE/OCF RATIO AVG TTM
117.41
PRICE/OCF RATIO AVG 3Y
101.00
PRICE/OCF RATIO AVG 5Y
102.31
PRICE/OCF RATIO AVG 10Y
N/A
PRICE/OCF RATIO AVG 15Y
N/A
PRICE/OCF RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-69.66%
CURRENT VS 3Y AVG
-64.73%
CURRENT VS 5Y AVG
-65.18%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
19.66
median of 305 covered companies
CURRENT VS SECTOR MEDIAN
+81.18%
vs the sector median at left
Market Cap
$2.23B
Price/OCF Ratio
N/A
TTM Avg
122.50
3Y Avg
52.34
5Y Avg
44.73
Market Cap
$2.33B
Price/OCF Ratio
55.47
TTM Avg
26.78
3Y Avg
18.05
5Y Avg
25.15
Market Cap
$2.09B
Price/OCF Ratio
N/A
TTM Avg
16.71
3Y Avg
15.41
5Y Avg
13.96
Market Cap
$2.04B
Price/OCF Ratio
12.04
TTM Avg
8.43
3Y Avg
7.45
5Y Avg
51.81
Market Cap
$2.44B
Price/OCF Ratio
9.54
TTM Avg
8.00
3Y Avg
7.20
5Y Avg
9.27
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.24B | 35.62 | 117.41 | 101.00 | 102.31 |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.23B | N/A | 122.50 | 52.34 | 44.73 |
| Innodata Inc. (INOD)vs › | $2.23B | 9.54 | 35.01 | 44.53 | 49.13 |
| Asana, Inc. (ASAN)vs › | $2.21B | 17.02 | 29.01 | 79.49 | 79.49 |
| PC Connection, Inc. (CNXN)vs › | $2.33B | 55.47 | 26.78 | 18.05 | 25.15 |
| nCino, Inc. (NCNO)vs › | $2.11B | 15.80 | 27.65 | 60.18 | 76.61 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.09B | N/A | 16.71 | 15.41 | 13.96 |
| GigaCloud Technology Inc. (GCT)vs › | $2.04B | 12.04 | 8.43 | 7.45 | 51.81 |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.44B | 9.54 | 8.00 | 7.20 | 9.27 |
| Bandwidth Inc. (BAND)vs › | $2.00B | 20.34 | 11.10 | 9.21 | 33.14 |
P/OCF Ratio
35.6
P/FCF Ratio
45.3
P/OCF measures market price relative to operating cash flow: market cap divided by TTM operating cash flow. OCF is cash from operations before capital expenditures, so it sits above free cash flow — P/OCF typically reads below P/FCF, with the widest gap for capex-heavy businesses.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | PRICE/OCF RATIO |
|---|---|
| 2026-10-05 | 35.82 |
| 2026-10-02 | 36.80 |
| 2026-10-01 | 36.21 |
| 2026-09-30 | 35.32 |
| 2026-09-29 | 35.38 |
| 2026-09-28 | 35.87 |
| 2026-09-25 | 36.57 |
| 2026-09-24 | 36.84 |
| 2026-09-23 | 37.16 |
| 2026-09-22 | 37.36 |
| 2026-09-21 | 36.45 |
| 2026-09-18 | 36.13 |
| 2026-09-17 | 34.85 |
| 2026-09-16 | 34.97 |
| 2026-09-15 | 34.39 |
| 2026-09-14 | 34.87 |
| 2026-09-11 | 36.61 |
| 2026-09-10 | 35.63 |
| 2026-09-09 | 37.17 |
| 2026-09-08 | 37.66 |
| 2026-09-04 | 36.33 |
| 2026-09-03 | 37.61 |
| 2026-09-02 | 35.72 |
| 2026-09-01 | 36.57 |
| 2026-08-31 | 38.33 |
| 2026-08-28 | 38.94 |
| 2026-08-27 | 40.80 |
| 2026-08-26 | 39.63 |
| 2026-08-25 | 39.27 |
| 2026-08-24 | 40.00 |
| 2026-08-21 | 42.98 |
| 2026-08-20 | 42.80 |
| 2026-08-19 | 43.42 |
| 2026-08-18 | 45.34 |
| 2026-08-17 | 48.97 |
| 2026-08-14 | 47.70 |
| 2026-08-13 | 45.66 |
| 2026-08-12 | 48.10 |
| 2026-08-11 | 44.63 |
| 2026-08-10 | 46.26 |
| 2026-08-07 | 108.54 |
| 2026-08-06 | 145.80 |
| 2026-08-05 | 145.43 |
| 2026-08-04 | 149.16 |
| 2026-08-03 | 135.50 |
| 2026-07-31 | 132.96 |
| 2026-07-30 | 126.99 |
| 2026-07-29 | 114.16 |
| 2026-07-28 | 122.33 |
| 2026-07-27 | 130.99 |
| 2026-07-24 | 135.32 |
| 2026-07-23 | 141.08 |
| 2026-07-22 | 140.00 |
| 2026-07-21 | 145.39 |
| 2026-07-20 | 132.02 |
| 2026-07-17 | 133.83 |
| 2026-07-16 | 126.95 |
| 2026-07-15 | 131.07 |
| 2026-07-14 | 138.14 |
| 2026-07-13 | 132.94 |
| 2026-07-10 | 139.25 |
| 2026-07-09 | 144.39 |
| 2026-07-08 | 113.41 |
| 2026-07-07 | 114.04 |
| 2026-07-06 | 126.20 |
| 2026-07-02 | 122.24 |
| 2026-07-01 | 129.41 |
| 2026-06-30 | 134.55 |
| 2026-06-29 | 125.70 |
| 2026-06-26 | 118.60 |
| 2026-06-25 | 120.67 |
| 2026-06-24 | 123.32 |
| 2026-06-23 | 128.40 |
| 2026-06-22 | 126.01 |
| 2026-06-18 | 125.10 |
| 2026-06-17 | 124.75 |
| 2026-06-16 | 128.06 |
| 2026-06-15 | 134.57 |
| 2026-06-12 | 134.63 |
| 2026-06-11 | 135.65 |
| 2026-06-10 | 121.18 |
| 2026-06-09 | 122.68 |
| 2026-06-08 | 129.04 |
| 2026-06-05 | 127.26 |
| 2026-06-04 | 144.73 |
| 2026-06-03 | 147.63 |
| 2026-06-02 | 147.57 |
| 2026-06-01 | 136.40 |
| 2026-05-29 | 143.25 |
| 2026-05-28 | 152.97 |
| 2026-05-27 | 157.30 |
| 2026-05-26 | 157.64 |
| 2026-05-22 | 151.81 |
| 2026-05-21 | 147.71 |
| 2026-05-20 | 137.80 |
| 2026-05-19 | 134.30 |
| 2026-05-18 | 136.89 |
| 2026-05-15 | 146.13 |
| 2026-05-14 | 157.18 |
| 2026-05-13 | 155.42 |
| 2026-05-12 | 161.97 |
| 2026-05-11 | 164.18 |
| 2026-05-08 | 176.48 |
| 2026-05-07 | 158.05 |
| 2026-05-06 | 170.22 |
| 2026-05-05 | 159.86 |
| 2026-05-04 | 165.73 |
| 2026-05-01 | 169.48 |
| 2026-04-30 | 166.79 |
| 2026-04-29 | 155.13 |
| 2026-04-28 | 157.07 |
| 2026-04-27 | 167.24 |
| 2026-04-24 | 180.97 |
| 2026-04-23 | 177.17 |
| 2026-04-22 | 171.87 |
| 2026-04-21 | 172.44 |
| 2026-04-20 | 170.34 |
| 2026-04-17 | 168.17 |
| 2026-04-16 | 165.90 |
| 2026-04-15 | 158.60 |
| 2026-04-14 | 159.67 |
| 2026-04-13 | 166.81 |
| 2026-04-10 | 156.09 |
| 2026-04-09 | 149.76 |
| 2026-04-08 | 144.03 |
| 2026-04-07 | 137.82 |
| 2026-04-06 | 138.97 |
| 2026-04-02 | 143.55 |
| 2026-04-01 | 139.21 |
| 2026-03-31 | 136.15 |
| 2026-03-30 | 128.94 |
| 2026-03-27 | 153.58 |
| 2026-03-26 | 152.48 |
| 2026-03-25 | 171.32 |
| 2026-03-24 | 170.87 |
| 2026-03-23 | 167.02 |
| 2026-03-20 | 157.02 |
| 2026-03-19 | 169.24 |
| 2026-03-18 | 163.66 |
| 2026-03-17 | 169.87 |
| 2026-03-16 | 163.56 |
| 2026-03-13 | 149.47 |
| 2026-03-12 | 149.88 |
| 2026-03-11 | 158.76 |
| 2026-03-10 | 152.32 |
| 2026-03-09 | 145.65 |
| 2026-03-06 | 140.02 |
| 2026-03-05 | 149.38 |
| 2026-03-04 | 160.03 |
| 2026-03-03 | 150.60 |
| 2026-03-02 | 161.63 |
| 2025-02-28 | 228.46 |
| 2025-02-27 | 226.22 |
| 2025-02-26 | 244.90 |
| 2025-02-25 | 243.16 |
| 2025-02-24 | 246.40 |
| 2025-02-21 | 249.88 |
| 2025-02-20 | 262.59 |
| 2025-02-19 | 267.07 |
| 2025-02-18 | 257.61 |
| 2025-02-14 | 248.89 |
| 2025-02-13 | 258.35 |
| 2025-02-12 | 268.07 |
| 2025-02-11 | 273.30 |
| 2025-02-10 | 275.29 |
| 2025-02-07 | 269.81 |
| 2025-02-06 | 280.28 |
| 2025-02-05 | 279.53 |
| 2025-02-04 | 273.80 |
| 2025-02-03 | 273.30 |
| 2025-01-31 | 278.28 |
| 2025-01-30 | 283.52 |
| 2025-01-29 | 276.04 |
| 2025-01-28 | 276.04 |
| 2025-01-27 | 280.28 |
| 2025-01-24 | 295.23 |
| 2025-01-23 | 300.21 |
| 2025-01-22 | 288.25 |
| 2025-01-21 | 285.76 |
| 2025-01-17 | 276.54 |
| 2025-01-16 | 260.60 |
| 2025-01-15 | 246.15 |
| 2025-01-14 | 276.29 |
| 2025-01-13 | 273.55 |
| 2025-01-10 | 277.54 |
| 2025-01-08 | 282.02 |
| 2025-01-07 | 282.52 |
| 2025-01-06 | 283.02 |
| 2025-01-03 | 267.82 |
| 2025-01-02 | 259.10 |
| 2024-12-31 | 261.34 |
| 2024-12-30 | 252.87 |
| 2024-12-27 | 260.60 |
| 2024-12-26 | 255.61 |
| 2024-12-24 | 249.63 |
| 2024-12-23 | 247.64 |
| 2024-12-20 | 251.38 |
| 2024-12-19 | 246.15 |
| 2024-12-18 | 251.88 |
| 2024-12-17 | 271.06 |
| 2024-12-16 | 283.02 |
| 2024-12-13 | 274.30 |
| 2024-12-12 | 279.03 |
| 2024-12-11 | 281.02 |
| 2024-12-10 | 275.29 |
| 2024-12-09 | 277.29 |
| 2024-12-06 | 274.30 |
| 2024-12-05 | 265.58 |
| 2024-12-04 | 279.78 |
| 2024-12-03 | 272.55 |
| 2024-12-02 | 275.54 |
| 2024-11-29 | 270.56 |
| 2024-11-27 | 267.32 |
| 2024-11-26 | 270.31 |
| 2024-11-25 | 278.04 |
| 2024-11-22 | 283.77 |
| 2024-11-21 | 276.79 |
| 2024-11-20 | 270.31 |
| 2024-11-19 | 270.81 |
| 2024-11-18 | 259.85 |
| 2024-11-15 | 255.61 |
| 2024-11-14 | 261.34 |
| 2024-11-13 | 266.82 |
| 2024-11-12 | 277.04 |
| 2024-11-11 | 271.56 |
| 2024-11-08 | 25.86 |
| 2024-11-07 | 33.80 |
| 2024-11-06 | 32.37 |
| 2024-11-05 | 28.64 |
| 2024-11-04 | 28.96 |
| 2024-11-01 | 28.23 |
| 2024-10-31 | 28.73 |
| 2024-10-30 | 29.72 |
| 2024-10-29 | 30.05 |
| 2024-10-28 | 30.46 |
| 2024-10-25 | 23.78 |
| 2024-10-24 | 23.72 |
| 2024-10-23 | 24.50 |
| 2024-10-22 | 24.82 |
| 2024-10-21 | 25.56 |
| 2024-10-18 | 25.37 |
| 2024-10-17 | 25.86 |
| 2024-10-16 | 25.90 |
| 2024-10-15 | 26.02 |
| 2024-10-14 | 26.36 |
| 2024-10-11 | 26.34 |
| 2024-10-10 | 24.94 |
| 2024-10-09 | 25.42 |
| 2024-10-08 | 25.65 |
| 2024-10-07 | 25.46 |
| 2024-10-04 | 25.40 |
| 2024-10-03 | 24.77 |
| 2024-10-02 | 24.20 |
| 2024-10-01 | 23.78 |
| 2024-09-30 | 24.61 |
| 2024-09-27 | 24.94 |
| 2024-09-26 | 24.64 |
| 2024-09-25 | 23.97 |
| 2024-09-24 | 24.24 |
| 2024-09-23 | 23.99 |
Showing the most recent 260 of 1,196 data points. The chart above shows the full history.
