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AflacAFL -1.62%71 EV-to-OCF is 24.72 as of Aug. 10, 2026, which is 233% above its 10-year median of 7.43. GuruFocus rates AFL with a GF Score™ of 71/100 and a GF Value™ of $106.35 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 507 Insurance companies, Aflac ranks worse than 86.79% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Aflac's Enterprise Value is $72,535 Mil.
Aflac's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $2,934 Mil. Therefore, Aflac's EV-to-OCF for today is 24.72.
The historical rank and industry rank for Aflac's EV-to-OCF or its related term are showing as below:
AFL'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.92 Med: 7.43 Max: 25.15
Current: 24.72
During the past 13 years, the highest EV-to-OCF of Aflac was 25.15. The lowest was 3.92. And the median was 7.43.
AFL's EV-to-OCF is ranked worse than 86.79% of 507
companies
in the Insurance industry
Industry Median: 6.77
vs AFL: 24.72
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.
As of today (2026-08-10), Aflac's stock price is $124.61.
Aflac's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $9.330. Therefore, Aflac's PE Ratio (TTM) for today is 13.36.
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.
Aflac's share price for today is $124.61.
Aflac'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 $9.330.
* 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.
Aflac EV-to-OCF Related Terms
Aflac EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Aflac'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 Insurance - Life subindustry, Aflac'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.
Aflac EV-to-OCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Aflac's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Aflac's EV-to-OCF falls into.
Aflac's current Enterprise Value is $72,535 Mil.
Aflac'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 $2,934 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.
Aflac (AFL) has a EV-to-OCF of 24.72 as of Aug. 10, 2026. This is 233% above median its historical median of 7.43. Over the past decade, Aflac's EV-to-OCF has ranged from 3.92 to 25.15. According to the industry distribution chart, Aflac ranks #440 out of 507 companies in the Insurance industry, placing it in the top 86.8%.
Is Aflac's EV-to-OCF too high?
Aflac's current EV-to-OCF of 24.72 is 233% above median its 10-year median of 7.43. Over the past 10 years, this metric has ranged from a low of 3.92 to a high of 25.15. The Insurance industry median EV-to-OCF is 6.77. Aflac's value of 24.72 is 265.1% above this industry median. Based on the distribution chart, Aflac ranks #440 out of 507 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Aflac has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aflac's EV-to-OCF compare to MET and PRU?
According to the Insurance industry distribution chart, Aflac ranks #440 out of 507 companies for EV-to-OCF. This places Aflac in the lower half of its industry. The industry median EV-to-OCF is 6.77. Aflac's value of 24.72 is 265.1% above this benchmark. Historically, Aflac's own EV-to-OCF has ranged from 3.92 to 25.15 over the past decade. While the company's 10-year median is 7.43 vs. the industry median of 6.77, Aflac 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-OCF for an Insurance company?
The median EV-to-OCF among Insurance companies is 6.77, based on 507 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. Aflac's current EV-to-OCF of 24.72 is 265.1% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Insurance industry, the median EV-to-OCF is 6.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aflac's current EV-to-OCF is 24.72, which is 233% above median its own 10-year median of 7.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aflac stock overvalued right now?
Based on GuruFocus' analysis, Aflac (AFL) is currently considered Modestly Overvalued. The stock's GF Value™ is $106.35, compared to a current price of $124.61 — trading 17.2% above its estimated fair value. The current EV-to-OCF is 24.72, which is 233% above median its 10-year median of 7.43 and 265.1% above the Insurance industry median of 6.77. Aflac's overall GF Score™ is 71/100 with 5 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 Aflac (AFL), the current EV-to-OCF is 24.72 as of Aug. 10, 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 Aflac (AFL) Overvalued in 2026?
Based on GuruFocus' analysis, Aflac stock appears to be overvalued.
The current stock price of $124.61 is trading 17.2% above its estimated GF Value™ of $106.35.
GuruFocus considers Aflac to be Modestly Overvalued.
Key valuation signals for AFL:
EV-to-OCF: 24.72 (233% above median its 10-year median of 7.43)
GF Value™: $106.35 vs. price of $124.61 (17.2% above fair value)
Industry Position: 265.1% above the Insurance median (#440 of 507)
No single metric tells the full story. See the AFL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aflac Inc offers supplemental health insurance and life insurance in the United States and Japan. In addition to its cancer policies, the company has broadened its product offerings to include accident, dental and vision, disability, and long-term-care insurance. It markets its products through independent distributors, selling the majority of its policies directly to consumers at their places of work, and also reaches out to its customers outside of their worksite through digital mediums. The company has two reportable business segments: Aflac Japan, which generates the maximum revenue, and Aflac U.S.
71GF Score
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