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ASXASX:ASX -2.20%79 EV-to-OCF is -1.06 as of Jul. 23, 2026. GuruFocus rates ASX:ASX with a GF Score™ of 79/100 and a GF Value™ of A$75.93 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 811 Capital Markets companies, ASX ranks better than 53.39% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, ASX's Enterprise Value is A$-754 Mil.
ASX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$711 Mil. Therefore, ASX's EV-to-OCF for today is -1.06.
The historical rank and industry rank for ASX's EV-to-OCF or its related term are showing as below:
ASX:ASX'
s EV-to-OCF Range Over the Past 10 Years
Min: -15.27 Med: 0.81 Max: 55.58
Current: -0.72
During the past 13 years, the highest EV-to-OCF of ASX was 55.58. The lowest was -15.27. And the median was 0.81.
ASX:ASX's EV-to-OCF is ranked better than 53.39% of 811
companies
in the Capital Markets industry
Industry Median: 0.04
vs ASX:ASX: -0.72
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 (2026-07-23), ASX's stock price is A$55.01.
ASX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.692. Therefore, ASX's PE Ratio (TTM) for today is 20.43.
ASX (ASX:ASX) 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.
ASX's share price for today is A$55.01.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ASX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$2.692.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
ASX EV-to-OCF Related Terms
ASX EV-to-OCF Historical Data
* Premium members only.
The historical data trend for ASX's EV-to-OCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Financial Data & Stock Exchanges subindustry, ASX's EV-to-OCF, along with its competitors' market caps and EV-to-OCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
ASX EV-to-OCF vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, ASX's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where ASX's EV-to-OCF falls into.
ASX's current Enterprise Value is A$-754 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ASX's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$711 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.
ASX (ASX:ASX) has a EV-to-OCF of -1.06 as of Jul. 23, 2026. According to the industry distribution chart, ASX ranks #378 out of 811 companies in the Capital Markets industry, placing it in the top 46.6%.
Is ASX's EV-to-OCF too high?
ASX's current EV-to-OCF is -1.06. Based on the distribution chart, ASX ranks #378 out of 811 companies in the Capital Markets industry, which is above the industry midpoint. Overall, ASX has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ASX's EV-to-OCF compare to SPGI and CME?
According to the Capital Markets industry distribution chart, ASX ranks #378 out of 811 companies for EV-to-OCF. This puts ASX in the upper half of its industry. The industry median EV-to-OCF is 0.04. 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 Capital Markets company?
The median EV-to-OCF among Capital Markets companies is 0.04, based on 811 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. 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 Capital Markets industry, the median EV-to-OCF is 0.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASX's current EV-to-OCF is -1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ASX stock overvalued right now?
Based on GuruFocus' analysis, ASX (ASX:ASX) is currently considered Modestly Undervalued. The stock's GF Value™ is A$75.93, compared to a current price of A$55.01 — trading 27.6% below its estimated fair value. The current EV-to-OCF is -1.06. ASX's overall GF Score™ is 79/100 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 ASX (ASX:ASX), the current EV-to-OCF is -1.06 as of Jul. 23, 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 ASX (ASX:ASX) Overvalued in 2026?
Based on GuruFocus' analysis, ASX stock appears to be undervalued.
The current stock price of A$55.01 is trading 27.6% below its estimated GF Value™ of A$75.93.
GuruFocus considers ASX to be Modestly Undervalued.
Key valuation signals for ASX:ASX:
EV-to-OCF: -1.06
GF Value™: A$75.93 vs. price of A$55.01 (27.6% below fair value)
No single metric tells the full story. See the ASX:ASX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Australian Securities Exchange is a vertically integrated securities exchange business offering listing, data, trading, clearing, and settlement services across equities, debt, and derivatives. ASX benefits from various effective monopolies across its business and a disproportionately large listings business from Australia's outsize natural resources sector.
79GF Score
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