Rivco Australia (ASX:D2O) EV-to-OCF: -21.28 (As of Aug. 13, 2026)

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:D2O Rivco Australia Ltd ASX:D2O
10 GF Score
Price A$1.53
GF Value A$1.24
! 2 Warning Signs
View Full Analysis

What is Rivco Australia EV-to-OCF?

Rivco Australia ASX:D2O 10 EV-to-OCF is -21.28 as of Aug. 13, 2026. GuruFocus rates ASX:D2O with a GF Score™ of 10/100 and a GF Value™ of A$1.24. The stock has 2 warning signs investors should review.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Rivco Australia's Enterprise Value is A$256.67 Mil. Rivco Australia's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-12.06 Mil. Therefore, Rivco Australia's EV-to-OCF for today is -21.28.

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

ASX:D2O' s EV-to-OCF Range Over the Past 10 Years
Min: -53.29   Med: -10.94   Max: 265.67
Current: -21.28

During the past 9 years, the highest EV-to-OCF of Rivco Australia was 265.67. The lowest was -53.29. And the median was -10.94.

ASX:D2O's EV-to-OCF is not ranked
in the Utilities - Regulated industry.
Industry Median: 10.58 vs ASX:D2O: -21.28

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), Rivco Australia's stock price is A$1.53. Rivco Australia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.136. Therefore, Rivco Australia's PE Ratio (TTM) for today is 11.25.


Rivco Australia  (ASX:D2O) 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.

Rivco Australia's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.53/0.136
=11.25

Rivco Australia's share price for today is A$1.53.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rivco Australia's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.136.

* 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.


Rivco Australia EV-to-OCF Related Terms


Rivco Australia EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Rivco Australia'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.

Rivco Australia EV-to-OCF Chart

Rivco Australia Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only 36.31 246.85 -46.54 -45.79 -21.84

Rivco Australia Semi-Annual Data
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 -46.54 0.00 -45.79 0.00 -21.84

ASX:D2O vs AWK, WTRG, AWR: EV-to-OCF Comparison

For the Utilities - Regulated Water subindustry, Rivco Australia'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.


Rivco Australia EV-to-OCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rivco Australia's EV-to-OCF distribution charts can be found below:

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


ASX:D2O
10GF Score
Rivco Australia Ltd ASX:D2O
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rivco Australia EV-to-OCF Calculation

Rivco Australia's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=256.673/-12.063
=-21.28

Rivco Australia's current Enterprise Value is A$256.67 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Rivco Australia's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$-12.06 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 -21.28 mean?
Rivco Australia (ASX:D2O) has a EV-to-OCF of -21.28 as of Aug. 13, 2026.
Is Rivco Australia's EV-to-OCF too high?
Rivco Australia's current EV-to-OCF is -21.28. Overall, Rivco Australia has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Rivco Australia's EV-to-OCF compare to AWK and WTRG?
Rivco Australia's EV-to-OCF of -21.28 can be compared against companies in the Utilities - Regulated industry. The industry median EV-to-OCF is 10.58. 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 Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.58, based on 505 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 Utilities - Regulated industry, the median EV-to-OCF is 10.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rivco Australia's current EV-to-OCF is -21.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivco Australia stock overvalued right now?
Rivco Australia (ASX:D2O) has a current EV-to-OCF of -21.28. The stock's GF Value™ is A$1.24, compared to a current price of A$1.53 — trading 23.4% above its estimated fair value. The current EV-to-OCF is -21.28. Rivco Australia's overall GF Score™ is 10/100 with 2 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 Rivco Australia (ASX:D2O), the current EV-to-OCF is -21.28 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 Rivco Australia (ASX:D2O) Overvalued in 2026?

Based on GuruFocus' analysis, Rivco Australia stock appears to be overvalued. The current stock price of A$1.53 is trading 23.4% above its estimated GF Value™ of A$1.24.

Key valuation signals for ASX:D2O:

  • EV-to-OCF: -21.28
  • GF Value™: A$1.24 vs. price of A$1.53 (23.4% above fair value)
  • GF Score™: 10/100 with 2 warning signs

No single metric tells the full story. See the ASX:D2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rivco Australia Business Description

Address 5-7 King William Road, Suite 1B, Unley, SA, AUS, 5061
Rivco Australia Ltd provides investors with a direct and pure exposure to Australian water markets. Rivco's primary business activity is to build a diversified portfolio of water entitlements, and through active management, generate a return by offering a range of water supply products to Australian water users. The company are partners with irrigators across the Murray-Darling Basin to deliver reliable water supply solutions. It's products help growers manage seasonal variability and allow planning decisions based on their portfolio.
10GF Score

Get the complete analysis for ASX:D2O

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

A$1.53
Price
A$1.24
GF Value