Atlas Arteria (ASX:ALX) EV-to-OCF: 296.83 (As of Aug. 05, 2026) — 127% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:ALX Atlas Arteria Ltd ASX:ALX
77 GF Score
Price A$4.99
GF Value A$5.88
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Atlas Arteria EV-to-OCF?

Atlas Arteria ASX:ALX -1.19% 77 EV-to-OCF is 296.83 as of Aug. 05, 2026, which is 127% above its 10-year median of 131.05. GuruFocus rates ASX:ALX with a GF Score™ of 77/100 and a GF Value™ of A$5.88 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,786 Construction companies, Atlas Arteria ranks worse than 98.54% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Atlas Arteria's Enterprise Value is A$26,180.8 Mil. Atlas Arteria's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.2 Mil. Therefore, Atlas Arteria's EV-to-OCF for today is 296.83.

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

ASX:ALX' s EV-to-OCF Range Over the Past 10 Years
Min: -198.39   Med: 131.05   Max: 334.63
Current: 300.3

During the past 13 years, the highest EV-to-OCF of Atlas Arteria was 334.63. The lowest was -198.39. And the median was 131.05.

ASX:ALX's EV-to-OCF is ranked worse than
98.54% of 1786 companies
in the Construction industry
Industry Median: 6.855 vs ASX:ALX: 300.30

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 (2026-08-05), Atlas Arteria's stock price is A$4.99. Atlas Arteria's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.179. Therefore, Atlas Arteria's PE Ratio (TTM) for today is 27.88.


Atlas Arteria  (ASX:ALX) 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.

Atlas Arteria's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.99/0.179
=27.88

Atlas Arteria's share price for today is A$4.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Atlas Arteria's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.179.

* 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.


Atlas Arteria EV-to-OCF Related Terms


Atlas Arteria EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Atlas Arteria'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.

Atlas Arteria EV-to-OCF Chart

Atlas Arteria 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 170.97 146.42 149.54 121.88 127.44

Atlas Arteria Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 149.54 0.00 121.88 0.00 127.44

Atlas Arteria EV-to-OCF Competitor Comparison

For the Infrastructure Operations subindustry, Atlas Arteria'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.


Atlas Arteria EV-to-OCF vs Construction Industry

For the Construction industry and Industrials sector, Atlas Arteria's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Atlas Arteria's EV-to-OCF falls into.


ASX:ALX
77GF Score
Atlas Arteria Ltd ASX:ALX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Atlas Arteria EV-to-OCF Calculation

Atlas Arteria's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=26180.826/88.2
=296.83

Atlas Arteria's current Enterprise Value is A$26,180.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Atlas Arteria's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$88.2 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 296.83 mean?
Atlas Arteria (ASX:ALX) has a EV-to-OCF of 296.83 as of Aug. 05, 2026. This is 127% above median its historical median of 131.05. According to the industry distribution chart, Atlas Arteria ranks #1760 out of 1786 companies in the Construction industry, placing it in the top 98.5%.
Is Atlas Arteria's EV-to-OCF too high?
Atlas Arteria's current EV-to-OCF of 296.83 is 127% above median its 10-year median of 131.05. The Construction industry median EV-to-OCF is 6.86. Atlas Arteria's value of 296.83 is 4230.1% above this industry median. Based on the distribution chart, Atlas Arteria ranks #1760 out of 1786 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Atlas Arteria has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Atlas Arteria's EV-to-OCF compare to competitors?
According to the Construction industry distribution chart, Atlas Arteria ranks #1760 out of 1786 companies for EV-to-OCF. This places Atlas Arteria in the lower half of its industry. The industry median EV-to-OCF is 6.86. Atlas Arteria's value of 296.83 is 4230.1% above this benchmark. While the company's 10-year median is 131.05 vs. the industry median of 6.86, Atlas Arteria 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 Construction company?
The median EV-to-OCF among Construction companies is 6.86, based on 1,786 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. Atlas Arteria's current EV-to-OCF of 296.83 is 4230.1% 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 Construction industry, the median EV-to-OCF is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlas Arteria's current EV-to-OCF is 296.83, which is 127% above median its own 10-year median of 131.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlas Arteria stock overvalued right now?
Based on GuruFocus' analysis, Atlas Arteria (ASX:ALX) is currently considered Modestly Undervalued. The stock's GF Value™ is A$5.88, compared to a current price of A$4.99 — trading 15.1% below its estimated fair value. The current EV-to-OCF is 296.83, which is 127% above median its 10-year median of 131.05 and 4230.1% above the Construction industry median of 6.86. Atlas Arteria's overall GF Score™ is 77/100 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 Atlas Arteria (ASX:ALX), the current EV-to-OCF is 296.83 as of Aug. 05, 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 Atlas Arteria (ASX:ALX) Overvalued in 2026?

Based on GuruFocus' analysis, Atlas Arteria stock appears to be undervalued. The current stock price of A$4.99 is trading 15.1% below its estimated GF Value™ of A$5.88. GuruFocus considers Atlas Arteria to be Modestly Undervalued.

Key valuation signals for ASX:ALX:

  • EV-to-OCF: 296.83 (127% above median its 10-year median of 131.05)
  • GF Value™: A$5.88 vs. price of A$4.99 (15.1% below fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 4230.1% above the Construction median (#1760 of 1786)

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


Atlas Arteria Business Description

Other Exchanges MAQAF:USAM82:Germany
Address 180 Flinders Street, Level 1, Melbourne, VIC, AUS, 3000
Atlas Arteria is a global toll-road investor created out of the reorganization of Macquarie Infrastructure Group in 2010. The firm's main asset is a 30.82% stake in APRR. APRR owns concessions to toll more than 2,300 kilometers of motorways in eastern France, most ending by late 2035. The firm also wholly owns the Dulles Greenway and 66.67% of the Chicago Skyway, both in the US.
77GF Score

Get the complete analysis for ASX:ALX

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

A$4.99
Price
A$5.88
GF Value