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.
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.
Alliance Aviation ServicesASX:AQZ -3.79%53 EV-to-OCF is 33.16 as of Sep. 08, 2026, which is 156% above its 10-year median of 12.96. GuruFocus rates ASX:AQZ with a GF Score™ of 53/100 and a GF Value™ of A$2.74 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,016 Transportation companies, Alliance Aviation Services ranks worse than 91.54% on this metric.
The historical rank and industry rank for Alliance Aviation Services's EV-to-OCF or its related term are showing as below:
ASX:AQZ'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.71 Med: 12.96 Max: 36.1
Current: 33.63
During the past 13 years, the highest EV-to-OCF of Alliance Aviation Services was 36.10. The lowest was 4.71. And the median was 12.96.
ASX:AQZ's EV-to-OCF is ranked worse than 91.54% of 1016
companies
in the Transportation industry
Industry Median: 8.035
vs ASX:AQZ: 33.63
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.
Alliance Aviation Services's PE Ratio (TTM) for today is calculated as:
Alliance Aviation Services's share price for today is A$0.635.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Alliance Aviation Services's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$-0.545.
* 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.
Alliance Aviation Services EV-to-OCF Related Terms
Alliance Aviation Services EV-to-OCF Historical Data
* 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 Airports & Air Services subindustry, Alliance Aviation Services'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.
Alliance Aviation Services EV-to-OCF vs Transportation Industry
For the Transportation industry and Industrials sector, Alliance Aviation Services's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Alliance Aviation Services's EV-to-OCF falls into.
Alliance Aviation Services's current Enterprise Value is A$587.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Alliance Aviation Services's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was A$17.7 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.
Alliance Aviation Services (ASX:AQZ) has a EV-to-OCF of 33.16 as of Sep. 08, 2026. This is 156% above median its historical median of 12.96. Over the past decade, Alliance Aviation Services' EV-to-OCF has ranged from 4.71 to 36.10. According to the industry distribution chart, Alliance Aviation Services ranks #930 out of 1016 companies in the Transportation industry, placing it in the top 91.5%.
Is Alliance Aviation Services' EV-to-OCF too high?
Alliance Aviation Services' current EV-to-OCF of 33.16 is 156% above median its 10-year median of 12.96. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 36.10. The Transportation industry median EV-to-OCF is 8.04. Alliance Aviation Services' value of 33.16 is 312.7% above this industry median. Based on the distribution chart, Alliance Aviation Services ranks #930 out of 1016 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Alliance Aviation Services has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Alliance Aviation Services' EV-to-OCF compare to JOBY?
According to the Transportation industry distribution chart, Alliance Aviation Services ranks #930 out of 1016 companies for EV-to-OCF. This places Alliance Aviation Services in the lower half of its industry. The industry median EV-to-OCF is 8.04. Alliance Aviation Services' value of 33.16 is 312.7% above this benchmark. Historically, Alliance Aviation Services' own EV-to-OCF has ranged from 4.71 to 36.10 over the past decade. While the company's 10-year median is 12.96 vs. the industry median of 8.04, Alliance Aviation Services 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 Transportation company?
The median EV-to-OCF among Transportation companies is 8.04, based on 1,016 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. Alliance Aviation Services's current EV-to-OCF of 33.16 is 312.7% 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 Transportation industry, the median EV-to-OCF is 8.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliance Aviation Services's current EV-to-OCF is 33.16, which is 156% above median its own 10-year median of 12.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliance Aviation Services stock overvalued right now?
Based on GuruFocus' analysis, Alliance Aviation Services (ASX:AQZ) is currently considered Possible Value Trap. The stock's GF Value™ is A$2.74, compared to a current price of A$0.64 — trading 76.8% below its estimated fair value. The current EV-to-OCF is 33.16, which is 156% above median its 10-year median of 12.96 and 312.7% above the Transportation industry median of 8.04. Alliance Aviation Services' overall GF Score™ is 53/100 with 7 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 Alliance Aviation Services (ASX:AQZ), the current EV-to-OCF is 33.16 as of Sep. 08, 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 Alliance Aviation Services (ASX:AQZ) Overvalued in 2026?
Based on GuruFocus' analysis, Alliance Aviation Services stock appears to be undervalued.
The current stock price of A$0.64 is trading 76.8% below its estimated GF Value™ of A$2.74.
GuruFocus considers Alliance Aviation Services to be Possible Value Trap.
Key valuation signals for ASX:AQZ:
EV-to-OCF: 33.16 (156% above median its 10-year median of 12.96)
GF Value™: A$2.74 vs. price of A$0.64 (76.8% below fair value)
Industry Position: 312.7% above the Transportation median (#930 of 1016)
No single metric tells the full story. See the ASX:AQZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alliance Aviation Services Ltd is an aviation services provider. The company is engaged in the provision of contract, charter, and allied aviation services to both the resource industry and airlines, both domestically and internationally. The group also provides specialised aviation services to airlines and clients, including aircraft dry leasing, airport management, aircraft trading, part sales, engine leasing, and engineering services.
53GF Score
Get the complete analysis for ASX:AQZ
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AQZ has been successfully added to your 
