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Ageas/ NVAGESF 65 EV-to-OCF is 7.21 as of Aug. 01, 2026, which is 40% below its 10-year median of 12.08. GuruFocus rates AGESF with a GF Score™ of 65/100 and a GF Value™ of $66.58 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 504 Insurance companies, Ageas/ NV ranks worse than 51.98% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ageas/ NV's Enterprise Value is $24,318 Mil.
Ageas/ NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $3,371 Mil. Therefore, Ageas/ NV's EV-to-OCF for today is 7.21.
The historical rank and industry rank for Ageas/ NV's EV-to-OCF or its related term are showing as below:
AGESF'
s EV-to-OCF Range Over the Past 10 Years
Min: -34.08 Med: 12.08 Max: 106.25
Current: 7.27
During the past 13 years, the highest EV-to-OCF of Ageas/ NV was 106.25. The lowest was -34.08. And the median was 12.08.
AGESF's EV-to-OCF is ranked worse than 51.98% of 504
companies
in the Insurance industry
Industry Median: 6.78
vs AGESF: 7.27
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.
Ageas/ NV's share price for today is $79.04.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ageas/ NV's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $10.580.
* 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.
Ageas/ NV EV-to-OCF Related Terms
Ageas/ NV EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Ageas/ NV'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 - Diversified subindustry, Ageas/ NV'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.
Ageas/ NV EV-to-OCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Ageas/ NV's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Ageas/ NV's EV-to-OCF falls into.
Ageas/ NV's current Enterprise Value is $24,318 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ageas/ NV's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $3,371 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.
Ageas/ NV (AGESF) has a EV-to-OCF of 7.21 as of Aug. 01, 2026. This is 40% below median its historical median of 12.08. According to the industry distribution chart, Ageas/ NV ranks #262 out of 504 companies in the Insurance industry, placing it in the top 52%.
Is Ageas/ NV's EV-to-OCF too high?
Ageas/ NV's current EV-to-OCF of 7.21 is 40% below median its 10-year median of 12.08. The Insurance industry median EV-to-OCF is 6.78. Ageas/ NV's value of 7.21 is 6.3% above this industry median. Based on the distribution chart, Ageas/ NV ranks #262 out of 504 companies in the Insurance industry, which is below the industry midpoint. Overall, Ageas/ NV has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ageas/ NV's EV-to-OCF compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Ageas/ NV ranks #262 out of 504 companies for EV-to-OCF. This places Ageas/ NV in the lower half of its industry. The industry median EV-to-OCF is 6.78. Ageas/ NV's value of 7.21 is 6.3% above this benchmark. While the company's 10-year median is 12.08 vs. the industry median of 6.78, Ageas/ NV 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 6.78, based on 504 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. Ageas/ NV's current EV-to-OCF of 7.21 is 6.3% 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 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ageas/ NV's current EV-to-OCF is 7.21, which is 40% below median its own 10-year median of 12.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ageas/ NV stock overvalued right now?
Based on GuruFocus' analysis, Ageas/ NV (AGESF) is currently considered Modestly Overvalued. The stock's GF Value™ is $66.58, compared to a current price of $79.04 — trading 18.7% above its estimated fair value. The current EV-to-OCF is 7.21, which is 40% below median its 10-year median of 12.08 and 6.3% above the Insurance industry median of 6.78. Ageas/ NV's overall GF Score™ is 65/100 with 8 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 Ageas/ NV (AGESF), the current EV-to-OCF is 7.21 as of Aug. 01, 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 Ageas/ NV (AGESF) Overvalued in 2026?
Based on GuruFocus' analysis, Ageas/ NV stock appears to be overvalued.
The current stock price of $79.04 is trading 18.7% above its estimated GF Value™ of $66.58.
GuruFocus considers Ageas/ NV to be Modestly Overvalued.
Key valuation signals for AGESF:
EV-to-OCF: 7.21 (40% below median its 10-year median of 12.08)
GF Value™: $66.58 vs. price of $79.04 (18.7% above fair value)
Industry Position: 6.3% above the Insurance median (#262 of 504)
No single metric tells the full story. See the AGESF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ageas was spun out of Fortis during the financial crisis after a consortium including Banco Santander and Royal Bank of Scotland launched a failed bid for ABN Amro. The takeover was badly timed and overly ambitious, and to fund it Fortis started selling noncore divisions while writing down collateralized debt. As Fortis' capital began to decline, the company initiated a rights issue, and suspended the dividend. As Fortis' share price began to decline and financial market conditions continued to deteriorate, with a series of leadership changes, customers began to withdraw deposits. Fortis was approached by the government and sold its domestic banking operations to the Belgian government. It also spun off its asset management and insurance units which later became Ageas.
65GF Score
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