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Air New ZealandANZFF 36 EV-to-OCF is 5.80 as of Sep. 10, 2026, which is 24% above its 10-year median of 4.69. GuruFocus rates ANZFF with a GF Score™ of 36/100 and a GF Value™ of $0.36 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,017 Transportation companies, Air New Zealand ranks better than 65.68% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Air New Zealand's Enterprise Value is $2,746 Mil.
Air New Zealand's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $474 Mil. Therefore, Air New Zealand's EV-to-OCF for today is 5.80.
The historical rank and industry rank for Air New Zealand's EV-to-OCF or its related term are showing as below:
ANZFF'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.56 Med: 4.69 Max: 50.11
Current: 5.82
During the past 13 years, the highest EV-to-OCF of Air New Zealand was 50.11. The lowest was 1.56. And the median was 4.69.
ANZFF's EV-to-OCF is ranked better than 65.68% of 1017
companies
in the Transportation industry
Industry Median: 7.99
vs ANZFF: 5.82
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.
Air New Zealand (OTCPK:ANZFF) EV-to-OCF Explanation
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.
Air New Zealand's PE Ratio (TTM) for today is calculated as:
Air New Zealand's share price for today is $0.2223.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $-0.043.
* 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.
Air New Zealand EV-to-OCF Related Terms
Air New Zealand EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Air New Zealand'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 Airlines subindustry, Air New Zealand'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.
Air New Zealand EV-to-OCF vs Transportation Industry
For the Transportation industry and Industrials sector, Air New Zealand's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Air New Zealand's EV-to-OCF falls into.
Air New Zealand's current Enterprise Value is $2,746 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Air New Zealand's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $474 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.
Air New Zealand (ANZFF) has a EV-to-OCF of 5.80 as of Sep. 10, 2026. This is 24% above median its historical median of 4.69. Over the past decade, Air New Zealand's EV-to-OCF has ranged from 1.56 to 50.11. According to the industry distribution chart, Air New Zealand ranks #349 out of 1017 companies in the Transportation industry, placing it in the top 34.3%.
Is Air New Zealand's EV-to-OCF too high?
Air New Zealand's current EV-to-OCF of 5.80 is 24% above median its 10-year median of 4.69. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 50.11. The Transportation industry median EV-to-OCF is 7.99. Air New Zealand's value of 5.80 is 27.4% below this industry median. Based on the distribution chart, Air New Zealand ranks #349 out of 1017 companies in the Transportation industry, which is above the industry midpoint. Overall, Air New Zealand has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Air New Zealand's EV-to-OCF compare to DAL and UAL?
According to the Transportation industry distribution chart, Air New Zealand ranks #349 out of 1017 companies for EV-to-OCF. This puts Air New Zealand in the upper half of its industry. The industry median EV-to-OCF is 7.99. Air New Zealand's value of 5.80 is 27.4% below this benchmark. Historically, Air New Zealand's own EV-to-OCF has ranged from 1.56 to 50.11 over the past decade. While the company's 10-year median is 4.69 vs. the industry median of 7.99, Air New Zealand has consistently been below 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 a Transportation company?
The median EV-to-OCF among Transportation companies is 7.99, based on 1,017 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. Air New Zealand's current EV-to-OCF of 5.80 is 27.4% below 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 Transportation industry, the median EV-to-OCF is 7.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air New Zealand's current EV-to-OCF is 5.80, which is 24% above median its own 10-year median of 4.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air New Zealand stock overvalued right now?
Based on GuruFocus' analysis, Air New Zealand (ANZFF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.36, compared to a current price of $0.22 — trading 38.3% below its estimated fair value. The current EV-to-OCF is 5.80, which is 24% above median its 10-year median of 4.69 and 27.4% below the Transportation industry median of 7.99. Air New Zealand's overall GF Score™ is 36/100 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 Air New Zealand (ANZFF), the current EV-to-OCF is 5.80 as of Sep. 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 Air New Zealand (ANZFF) Overvalued in 2026?
Based on GuruFocus' analysis, Air New Zealand stock appears to be undervalued.
The current stock price of $0.22 is trading 38.3% below its estimated GF Value™ of $0.36.
GuruFocus considers Air New Zealand to be Possible Value Trap.
Key valuation signals for ANZFF:
EV-to-OCF: 5.80 (24% above median its 10-year median of 4.69)
GF Value™: $0.36 vs. price of $0.22 (38.3% below fair value)
Industry Position: 27.4% below the Transportation median (#349 of 1017)
No single metric tells the full story. See the ANZFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.
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