ASBRF (Asahi Group Holdings) EV-to-OCF: 32.25 (As of Jul. 29, 2026) — 130% Above Median

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ASBRF Asahi Group Holdings Ltd ASBRF
86 GF Score
Price $10.11
GF Value $11.83
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Asahi Group Holdings EV-to-OCF?

Asahi Group Holdings ASBRF 86 EV-to-OCF is 32.25 as of Jul. 29, 2026, which is 130% above its 10-year median of 14.03. GuruFocus rates ASBRF with a GF Score™ of 86/100 and a GF Value™ of $11.83 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 210 Beverages - Alcoholic companies, Asahi Group Holdings ranks worse than 85.71% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Asahi Group Holdings's Enterprise Value is $24,380 Mil. Asahi Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $756 Mil. Therefore, Asahi Group Holdings's EV-to-OCF for today is 32.25.

The historical rank and industry rank for Asahi Group Holdings's EV-to-OCF or its related term are showing as below:

ASBRF' s EV-to-OCF Range Over the Past 10 Years
Min: 8.74   Med: 14.03   Max: 38.74
Current: 38.1

During the past 13 years, the highest EV-to-OCF of Asahi Group Holdings was 38.74. The lowest was 8.74. And the median was 14.03.

ASBRF's EV-to-OCF is ranked worse than
85.71% of 210 companies
in the Beverages - Alcoholic industry
Industry Median: 9.7 vs ASBRF: 38.10

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 (2026-07-29), Asahi Group Holdings's stock price is $10.11. Asahi Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.548. Therefore, Asahi Group Holdings's PE Ratio (TTM) for today is 18.45.


Asahi Group Holdings  (OTCPK:ASBRF) 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.

Asahi Group Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.11/0.548
=18.45

Asahi Group Holdings's share price for today is $10.11.
Asahi Group Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.548.

* 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.


Asahi Group Holdings EV-to-OCF Related Terms


Asahi Group Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Asahi Group Holdings'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.

Asahi Group Holdings EV-to-OCF Chart

Asahi Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.27 13.31 11.54 9.10 36.96

Asahi Group Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.10 13.65 14.19 12.08 36.96

ASBRF vs STZ, TAP: EV-to-OCF Comparison

For the Beverages - Brewers subindustry, Asahi Group Holdings'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.


Asahi Group Holdings EV-to-OCF vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Asahi Group Holdings's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Asahi Group Holdings's EV-to-OCF falls into.


ASBRF
86GF Score
Asahi Group Holdings Ltd ASBRF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Group Holdings EV-to-OCF Calculation

Asahi Group Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=24379.924/755.861
=32.25

Asahi Group Holdings's current Enterprise Value is $24,380 Mil.
Asahi Group Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $756 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 32.25 mean?
Asahi Group Holdings (ASBRF) has a EV-to-OCF of 32.25 as of Jul. 29, 2026. This is 130% above median its historical median of 14.03. Over the past decade, Asahi Group Holdings' EV-to-OCF has ranged from 8.74 to 38.74. According to the industry distribution chart, Asahi Group Holdings ranks #180 out of 210 companies in the Beverages - Alcoholic industry, placing it in the top 85.7%.
Is Asahi Group Holdings' EV-to-OCF too high?
Asahi Group Holdings' current EV-to-OCF of 32.25 is 130% above median its 10-year median of 14.03. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 38.74. The Beverages - Alcoholic industry median EV-to-OCF is 9.70. Asahi Group Holdings' value of 32.25 is 232.5% above this industry median. Based on the distribution chart, Asahi Group Holdings ranks #180 out of 210 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Asahi Group Holdings has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Group Holdings' EV-to-OCF compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Asahi Group Holdings ranks #180 out of 210 companies for EV-to-OCF. This places Asahi Group Holdings in the lower half of its industry. The industry median EV-to-OCF is 9.70. Asahi Group Holdings' value of 32.25 is 232.5% above this benchmark. Historically, Asahi Group Holdings' own EV-to-OCF has ranged from 8.74 to 38.74 over the past decade. While the company's 10-year median is 14.03 vs. the industry median of 9.70, Asahi Group Holdings 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 a Beverages - Alcoholic company?
The median EV-to-OCF among Beverages - Alcoholic companies is 9.70, based on 210 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. Asahi Group Holdings's current EV-to-OCF of 32.25 is 232.5% 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 Beverages - Alcoholic industry, the median EV-to-OCF is 9.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Group Holdings's current EV-to-OCF is 32.25, which is 130% above median its own 10-year median of 14.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Asahi Group Holdings (ASBRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.83, compared to a current price of $10.11 — trading 14.5% below its estimated fair value. The current EV-to-OCF is 32.25, which is 130% above median its 10-year median of 14.03 and 232.5% above the Beverages - Alcoholic industry median of 9.70. Asahi Group Holdings' overall GF Score™ is 86/100 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 Asahi Group Holdings (ASBRF), the current EV-to-OCF is 32.25 as of Jul. 29, 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 Asahi Group Holdings (ASBRF) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Group Holdings stock appears to be undervalued. The current stock price of $10.11 is trading 14.5% below its estimated GF Value™ of $11.83. GuruFocus considers Asahi Group Holdings to be Modestly Undervalued.

Key valuation signals for ASBRF:

  • EV-to-OCF: 32.25 (130% above median its 10-year median of 14.03)
  • GF Value™: $11.83 vs. price of $10.11 (14.5% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 232.5% above the Beverages - Alcoholic median (#180 of 210)

No single metric tells the full story. See the ASBRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asahi Group Holdings Business Description

Address 1-23-1 Azumabashi, Sumida-ku, Tokyo, JPN, 130-8602
Asahi is the largest brewer in Japan with a nearly 40% market share, led by its Asahi Super Dry brand. It also operates a wide range of alcoholic and soft beverage products as well as packaged foods, mainly in Japan. Overseas markets accounted for over half of the company's revenue and close to 60% of operating profit, with Australia and Europe being two major markets. It acquired SABMiller's brands including Peroni and Pilsner Urquell in Western and Central Europe in 2016 and 2017 from Anheuser-Busch InBev. In Australia, Asahi holds market leaderships across beer and soft drinks segments, through its acquisitions of Schweppes Australia in 2009 and Carlton & United Breweries in 2020.
86GF Score

Get the complete analysis for ASBRF

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$10.11
Price
$11.83
GF Value