Argo Investments (ASX:ARG) EV-to-OCF: 32.76 (As of Aug. 13, 2026) — 17% Above Median

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ASX:ARG Argo Investments Ltd ASX:ARG
61 GF Score
Price A$9.43
GF Value A$9.06
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Argo Investments EV-to-OCF?

Argo Investments ASX:ARG 61 EV-to-OCF is 32.76 as of Aug. 13, 2026, which is 17% above its 10-year median of 28.02. GuruFocus rates ASX:ARG with a GF Score™ of 61/100 and a GF Value™ of A$9.06 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,500 Asset Management companies, Argo Investments ranks worse than 85.33% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Argo Investments's Enterprise Value is A$7,020.3 Mil. Argo Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was A$214.3 Mil. Therefore, Argo Investments's EV-to-OCF for today is 32.76.

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

ASX:ARG' s EV-to-OCF Range Over the Past 10 Years
Min: 18.05   Med: 28.02   Max: 48.13
Current: 32.87

During the past 13 years, the highest EV-to-OCF of Argo Investments was 48.13. The lowest was 18.05. And the median was 28.02.

ASX:ARG's EV-to-OCF is ranked worse than
85.33% of 1500 companies
in the Asset Management industry
Industry Median: 5.9 vs ASX:ARG: 32.87

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 (2026-08-13), Argo Investments's stock price is A$9.43. Argo Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.343. Therefore, Argo Investments's PE Ratio (TTM) for today is 27.49.


Argo Investments  (ASX:ARG) 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.

Argo Investments's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.43/0.343
=27.49

Argo Investments's share price for today is A$9.43.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.343.

* 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.


Argo Investments EV-to-OCF Related Terms


Argo Investments EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Argo Investments'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.

Argo Investments EV-to-OCF Chart

Argo Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.00 27.75 26.94 30.24 32.55

Argo Investments Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 26.94 0.00 30.24 0.00 32.55

ASX:ARG vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, Argo Investments'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.


Argo Investments EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Argo Investments's EV-to-OCF distribution charts can be found below:

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


ASX:ARG
61GF Score
Argo Investments Ltd ASX:ARG
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Argo Investments EV-to-OCF Calculation

Argo Investments's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=7020.264/214.286
=32.76

Argo Investments's current Enterprise Value is A$7,020.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Argo Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was A$214.3 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 32.76 mean?
Argo Investments (ASX:ARG) has a EV-to-OCF of 32.76 as of Aug. 13, 2026. This is 17% above median its historical median of 28.02. Over the past decade, Argo Investments' EV-to-OCF has ranged from 18.05 to 48.13. According to the industry distribution chart, Argo Investments ranks #1280 out of 1500 companies in the Asset Management industry, placing it in the top 85.3%.
Is Argo Investments' EV-to-OCF too high?
Argo Investments' current EV-to-OCF of 32.76 is 17% above median its 10-year median of 28.02. Over the past 10 years, this metric has ranged from a low of 18.05 to a high of 48.13. The Asset Management industry median EV-to-OCF is 5.90. Argo Investments' value of 32.76 is 455.3% above this industry median. Based on the distribution chart, Argo Investments ranks #1280 out of 1500 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Argo Investments has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Argo Investments' EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Argo Investments ranks #1280 out of 1500 companies for EV-to-OCF. This places Argo Investments in the lower half of its industry. The industry median EV-to-OCF is 5.90. Argo Investments' value of 32.76 is 455.3% above this benchmark. Historically, Argo Investments' own EV-to-OCF has ranged from 18.05 to 48.13 over the past decade. While the company's 10-year median is 28.02 vs. the industry median of 5.90, Argo Investments 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 Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.90, based on 1,500 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. Argo Investments's current EV-to-OCF of 32.76 is 455.3% 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 Asset Management industry, the median EV-to-OCF is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Argo Investments's current EV-to-OCF is 32.76, which is 17% above median its own 10-year median of 28.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Argo Investments stock overvalued right now?
Based on GuruFocus' analysis, Argo Investments (ASX:ARG) is currently considered Fairly Valued. The stock's GF Value™ is A$9.06, compared to a current price of A$9.43 — trading 4.1% above its estimated fair value. The current EV-to-OCF is 32.76, which is 17% above median its 10-year median of 28.02 and 455.3% above the Asset Management industry median of 5.90. Argo Investments' overall GF Score™ is 61/100 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 Argo Investments (ASX:ARG), the current EV-to-OCF is 32.76 as of Aug. 13, 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 Argo Investments (ASX:ARG) Overvalued in 2026?

Based on GuruFocus' analysis, Argo Investments stock appears to be overvalued. The current stock price of A$9.43 is trading 4.1% above its estimated GF Value™ of A$9.06. GuruFocus considers Argo Investments to be Fairly Valued.

Key valuation signals for ASX:ARG:

  • EV-to-OCF: 32.76 (17% above median its 10-year median of 28.02)
  • GF Value™: A$9.06 vs. price of A$9.43 (4.1% above fair value)
  • GF Score™: 61/100 with 4 warning signs
  • Industry Position: 455.3% above the Asset Management median (#1280 of 1500)

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


Argo Investments Business Description

Address 91 King William Street, Level 25, Adelaide, SA, AUS, 5000
Argo Investments Ltd is an Australian investment company that offers investors low-cost, conservative, and diverse exposure to Australian companies. It generates revenue from dividends and distributions received from the companies in its investment portfolio.
61GF Score

Get the complete analysis for ASX:ARG

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

A$9.43
Price
A$9.06
GF Value