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 21.23 is 20% below its estimated 5-year average of 26.51, near the low end of its estimated 5-year range (4.15–204.27).
As of 2026-10-06T20:13:47.864Z. 141.12% above its estimated 12-month average of 8.80.
Calculation as of: 2026-10-06T20:13:47.864Z.
Quote observation: 2026-10-06T20:00:00.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 5985047fe5e80b200fc82beec9ae3bc8e6e596c7d710a3d314c792b2b60b83e6
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
21.23
PRICE/OCF RATIO AVG TTM
8.80
PRICE/OCF RATIO AVG 3Y
23.88
PRICE/OCF RATIO AVG 5Y
26.51
PRICE/OCF RATIO AVG 10Y
12.43
PRICE/OCF RATIO AVG 15Y
11.72
PRICE/OCF RATIO AVG 20Y
12.66
CURRENT VS TTM AVG
+141.12%
CURRENT VS 3Y AVG
-11.11%
CURRENT VS 5Y AVG
-19.91%
CURRENT VS 10Y AVG
+70.77%
CURRENT VS 15Y AVG
+81.11%
CURRENT VS 20Y AVG
+67.76%
SECTOR MEDIAN · INDUSTRIALS
16.91
median of 270 covered companies
CURRENT VS SECTOR MEDIAN
+25.58%
vs the sector median at left
Ultralife Corporation
Market Cap
$108.93M
Price/OCF Ratio
21.23
TTM Avg
8.80
3Y Avg
23.88
5Y Avg
26.51
Market Cap
$105.49M
Price/OCF Ratio
1.31
TTM Avg
1.88
3Y Avg
2.68
5Y Avg
331.40
Market Cap
$115.21M
Price/OCF Ratio
146.20
TTM Avg
51.36
3Y Avg
32.17
5Y Avg
24.14
Market Cap
$101.76M
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$117.40M
Price/OCF Ratio
156.32
TTM Avg
106.52
3Y Avg
150.89
5Y Avg
150.89
Market Cap
$100.06M
Price/OCF Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$122.51M
Price/OCF Ratio
17.12
TTM Avg
17.10
3Y Avg
33.63
5Y Avg
27.75
| NAME | MARKET CAP | PRICE/OCF RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ultralife Corporation (ULBI) | $108.93M | 21.23 | 8.80 | 23.88 | 26.51 |
| New Horizon Aircraft Ltd (HOVR)vs › | $106.92M | N/A | N/A | N/A | N/A |
| CBAK Energy Technology, Inc. (CBAT)vs › | $105.49M | 1.31 | 1.88 | 2.68 | 331.40 |
| Orion Energy Systems, Inc. (OESX)vs › | $115.21M | 146.20 | 51.36 | 32.17 | 24.14 |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $101.76M | N/A | N/A | N/A | N/A |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | 156.32 | 106.52 | 150.89 | 150.89 |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $100.06M | N/A | N/A | N/A | N/A |
| Broadwind, Inc. (BWEN)vs › | $99.47M | 23.56 | 24.29 | 7.70 | 8.15 |
| Coda Octopus Group, Inc. (CODA)vs › | $122.51M | 17.12 | 17.10 | 33.63 | 27.75 |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $94.97M | 4.59 | 7.13 | 12.07 | 12.07 |
P/OCF Ratio
21.2
P/FCF Ratio
53.6
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 | 20.95 |
| 2026-10-02 | 21.21 |
| 2026-10-01 | 22.09 |
| 2026-09-30 | 21.04 |
| 2026-09-29 | 20.78 |
| 2026-09-28 | 19.71 |
| 2026-09-25 | 20.07 |
| 2026-09-24 | 19.71 |
| 2026-09-23 | 19.22 |
| 2026-09-22 | 18.57 |
| 2026-09-21 | 18.37 |
| 2026-09-18 | 18.40 |
| 2026-09-17 | 18.18 |
| 2026-09-16 | 17.75 |
| 2026-09-15 | 17.72 |
| 2026-09-14 | 18.11 |
| 2026-09-11 | 18.24 |
| 2026-09-10 | 18.40 |
| 2026-09-09 | 18.34 |
| 2026-09-08 | 19.35 |
| 2026-09-04 | 19.97 |
| 2026-09-03 | 19.87 |
| 2026-09-02 | 20.16 |
| 2026-09-01 | 20.13 |
| 2026-08-31 | 20.55 |
| 2026-08-28 | 21.08 |
| 2026-08-27 | 21.21 |
| 2026-08-26 | 21.37 |
| 2026-08-25 | 21.47 |
| 2026-08-24 | 22.05 |
| 2026-08-21 | 22.83 |
| 2026-08-20 | 22.31 |
| 2026-08-19 | 22.80 |
| 2026-08-18 | 23.16 |
| 2026-08-17 | 23.68 |
| 2026-08-14 | 24.46 |
| 2026-08-13 | 24.24 |
| 2026-08-12 | 23.52 |
| 2026-08-11 | 23.32 |
| 2026-08-10 | 22.61 |
| 2026-08-07 | 10.71 |
| 2026-08-06 | 8.97 |
| 2026-08-05 | 8.95 |
| 2026-08-04 | 9.24 |
| 2026-08-03 | 8.85 |
| 2026-07-31 | 8.75 |
| 2026-07-30 | 8.70 |
| 2026-07-29 | 8.94 |
| 2026-07-28 | 9.04 |
| 2026-07-27 | 9.12 |
| 2026-07-24 | 8.94 |
| 2026-07-23 | 9.07 |
| 2026-07-22 | 9.19 |
| 2026-07-21 | 9.17 |
| 2026-07-20 | 8.89 |
| 2026-07-17 | 9.29 |
| 2026-07-16 | 9.36 |
| 2026-07-15 | 9.70 |
| 2026-07-14 | 9.54 |
| 2026-07-13 | 9.54 |
| 2026-07-10 | 9.86 |
| 2026-07-09 | 9.80 |
| 2026-07-08 | 9.83 |
| 2026-07-07 | 10.08 |
| 2026-07-06 | 10.30 |
| 2026-07-02 | 10.32 |
| 2026-07-01 | 10.56 |
| 2026-06-30 | 10.66 |
| 2026-06-29 | 10.17 |
| 2026-06-26 | 10.44 |
| 2026-06-25 | 10.51 |
| 2026-06-24 | 10.51 |
| 2026-06-23 | 10.39 |
| 2026-06-22 | 10.66 |
| 2026-06-18 | 10.89 |
| 2026-06-17 | 10.61 |
| 2026-06-16 | 10.81 |
| 2026-06-15 | 11.13 |
| 2026-06-12 | 11.10 |
| 2026-06-11 | 10.96 |
| 2026-06-10 | 10.93 |
| 2026-06-09 | 10.94 |
| 2026-06-08 | 11.23 |
| 2026-06-05 | 11.28 |
| 2026-06-04 | 11.70 |
| 2026-06-03 | 11.65 |
| 2026-06-02 | 11.99 |
| 2026-06-01 | 12.24 |
| 2026-05-29 | 12.23 |
| 2026-05-28 | 13.09 |
| 2026-05-27 | 13.07 |
| 2026-05-26 | 11.57 |
| 2026-05-22 | 10.86 |
| 2026-05-21 | 10.59 |
| 2026-05-20 | 10.10 |
| 2026-05-19 | 10.12 |
| 2026-05-18 | 10.29 |
| 2026-05-15 | 10.24 |
| 2026-05-14 | 10.29 |
| 2026-05-13 | 9.92 |
| 2026-05-12 | 9.97 |
| 2026-05-11 | 10.34 |
| 2026-05-08 | 9.05 |
| 2026-05-07 | 10.68 |
| 2026-05-06 | 10.21 |
| 2026-05-05 | 10.35 |
| 2026-05-04 | 10.03 |
| 2026-05-01 | 10.40 |
| 2026-04-30 | 10.46 |
| 2026-04-29 | 10.43 |
| 2026-04-28 | 10.65 |
| 2026-04-27 | 10.79 |
| 2026-04-24 | 11.44 |
| 2026-04-23 | 11.88 |
| 2026-04-22 | 11.59 |
| 2026-04-21 | 11.76 |
| 2026-04-20 | 12.05 |
| 2026-04-17 | 11.73 |
| 2026-04-16 | 11.34 |
| 2026-04-15 | 11.18 |
| 2026-04-14 | 11.32 |
| 2026-04-13 | 10.62 |
| 2026-04-10 | 10.30 |
| 2026-04-09 | 10.38 |
| 2026-04-08 | 10.37 |
| 2026-04-07 | 10.21 |
| 2026-04-06 | 10.21 |
| 2026-04-02 | 10.12 |
| 2026-04-01 | 9.99 |
| 2026-03-31 | 9.88 |
| 2026-03-30 | 9.29 |
| 2026-03-27 | 9.67 |
| 2026-03-26 | 10.02 |
| 2026-03-25 | 10.29 |
| 2026-03-24 | 9.74 |
| 2026-03-23 | 8.64 |
| 2026-03-20 | 8.48 |
| 2026-03-19 | 8.91 |
| 2026-03-18 | 8.87 |
| 2026-03-17 | 9.14 |
| 2026-03-16 | 9.25 |
| 2026-03-13 | 8.64 |
| 2026-03-12 | 8.00 |
| 2026-03-11 | 7.76 |
| 2026-03-10 | 7.56 |
| 2026-03-09 | 7.03 |
| 2026-03-06 | 6.93 |
| 2026-03-05 | 6.95 |
| 2026-03-04 | 7.32 |
| 2026-03-03 | 7.40 |
| 2026-03-02 | 7.73 |
| 2026-02-27 | 7.48 |
| 2026-02-26 | 7.65 |
| 2026-02-25 | 7.77 |
| 2026-02-24 | 7.67 |
| 2026-02-23 | 7.67 |
| 2026-02-20 | 7.75 |
| 2026-02-19 | 7.73 |
| 2026-02-18 | 7.96 |
| 2026-02-17 | 8.21 |
| 2026-02-13 | 8.47 |
| 2026-02-12 | 8.26 |
| 2026-02-11 | 8.38 |
| 2026-02-10 | 8.37 |
| 2026-02-09 | 8.62 |
| 2026-02-06 | 8.37 |
| 2026-02-05 | 8.33 |
| 2026-02-04 | 8.88 |
| 2026-02-03 | 8.70 |
| 2026-02-02 | 8.56 |
| 2026-01-30 | 8.42 |
| 2026-01-29 | 8.54 |
| 2026-01-28 | 8.45 |
| 2026-01-27 | 8.39 |
| 2026-01-26 | 8.18 |
| 2026-01-23 | 8.42 |
| 2026-01-22 | 8.33 |
| 2026-01-21 | 8.67 |
| 2026-01-20 | 8.59 |
| 2026-01-16 | 8.75 |
| 2026-01-15 | 9.29 |
| 2026-01-14 | 8.23 |
| 2026-01-13 | 8.31 |
| 2026-01-12 | 8.26 |
| 2026-01-09 | 7.76 |
| 2026-01-08 | 8.15 |
| 2026-01-07 | 7.90 |
| 2026-01-06 | 7.63 |
| 2026-01-05 | 7.89 |
| 2026-01-02 | 7.46 |
| 2025-12-31 | 7.55 |
| 2025-12-30 | 7.32 |
| 2025-12-29 | 7.40 |
| 2025-12-26 | 7.60 |
| 2025-12-24 | 7.80 |
| 2025-12-23 | 7.72 |
| 2025-12-22 | 7.81 |
| 2025-12-19 | 7.57 |
| 2025-12-18 | 7.65 |
| 2025-12-17 | 7.80 |
| 2025-12-16 | 7.64 |
| 2025-12-15 | 7.59 |
| 2025-12-12 | 7.59 |
| 2025-12-11 | 7.61 |
| 2025-12-10 | 7.31 |
| 2025-12-09 | 7.19 |
| 2025-12-08 | 7.13 |
| 2025-12-05 | 7.46 |
| 2025-12-04 | 7.34 |
| 2025-12-03 | 7.46 |
| 2025-12-02 | 7.31 |
| 2025-12-01 | 7.34 |
| 2025-11-28 | 7.51 |
| 2025-11-26 | 7.65 |
| 2025-11-25 | 7.75 |
| 2025-11-24 | 7.44 |
| 2025-11-21 | 6.91 |
| 2025-11-20 | 6.82 |
| 2025-11-19 | 6.68 |
| 2025-11-18 | 6.66 |
| 2025-11-17 | 5.38 |
| 2025-11-14 | 5.40 |
| 2025-11-13 | 5.57 |
| 2025-11-12 | 5.59 |
| 2025-11-11 | 5.49 |
| 2025-11-10 | 6.06 |
| 2025-11-07 | 6.55 |
| 2025-11-06 | 6.67 |
| 2025-11-05 | 6.80 |
| 2025-11-04 | 6.66 |
| 2025-11-03 | 6.74 |
| 2025-10-31 | 6.82 |
| 2025-10-30 | 6.66 |
| 2025-10-29 | 6.66 |
| 2025-10-28 | 6.76 |
| 2025-10-27 | 6.56 |
| 2025-10-24 | 6.74 |
| 2025-10-23 | 6.54 |
| 2025-10-22 | 6.45 |
| 2025-10-21 | 6.63 |
| 2025-10-20 | 6.51 |
| 2025-10-17 | 6.25 |
| 2025-10-16 | 6.62 |
| 2025-10-15 | 6.85 |
| 2025-10-14 | 7.00 |
| 2025-10-13 | 6.72 |
| 2025-10-10 | 6.22 |
| 2025-10-09 | 6.61 |
| 2025-10-08 | 6.64 |
| 2025-10-07 | 6.49 |
| 2025-10-06 | 6.87 |
| 2025-10-03 | 6.67 |
| 2025-10-02 | 6.61 |
| 2025-10-01 | 6.64 |
| 2025-09-30 | 6.62 |
| 2025-09-29 | 6.63 |
| 2025-09-26 | 6.61 |
| 2025-09-25 | 6.63 |
| 2025-09-24 | 6.81 |
| 2025-09-23 | 6.70 |
Showing the most recent 260 of 4,375 data points. The chart above shows the full history.
