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Dyno NobelASX:DNL 55 EV-to-OCF is 23.13 as of Aug. 18, 2026, which is 91% above its 10-year median of 12.14. GuruFocus rates ASX:DNL with a GF Score™ of 55/100 and a GF Value™ of A$2.20 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,610 Chemicals companies, Dyno Nobel ranks worse than 73.29% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Dyno Nobel's Enterprise Value is A$8,037 Mil.
Dyno Nobel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was A$347 Mil. Therefore, Dyno Nobel's EV-to-OCF for today is 23.13.
The historical rank and industry rank for Dyno Nobel's EV-to-OCF or its related term are showing as below:
ASX:DNL'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.9 Med: 12.14 Max: 24.46
Current: 22.83
During the past 13 years, the highest EV-to-OCF of Dyno Nobel was 24.46. The lowest was 5.90. And the median was 12.14.
ASX:DNL's EV-to-OCF is ranked worse than 73.29% of 1610
companies
in the Chemicals industry
Industry Median: 10.955
vs ASX:DNL: 22.83
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.
Dyno Nobel's share price for today is A$3.77.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dyno Nobel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was A$-0.022.
* 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.
Dyno Nobel EV-to-OCF Related Terms
Dyno Nobel EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Dyno Nobel'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 Specialty Chemicals subindustry, Dyno Nobel'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.
Dyno Nobel EV-to-OCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Dyno Nobel's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Dyno Nobel's EV-to-OCF falls into.
Dyno Nobel's current Enterprise Value is A$8,037 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dyno Nobel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was A$347 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.
Dyno Nobel (ASX:DNL) has a EV-to-OCF of 23.13 as of Aug. 18, 2026. This is 91% above median its historical median of 12.14. Over the past decade, Dyno Nobel's EV-to-OCF has ranged from 5.90 to 24.46. According to the industry distribution chart, Dyno Nobel ranks #1180 out of 1610 companies in the Chemicals industry, placing it in the top 73.3%.
Is Dyno Nobel's EV-to-OCF too high?
Dyno Nobel's current EV-to-OCF of 23.13 is 91% above median its 10-year median of 12.14. Over the past 10 years, this metric has ranged from a low of 5.90 to a high of 24.46. The Chemicals industry median EV-to-OCF is 10.96. Dyno Nobel's value of 23.13 is 111.1% above this industry median. Based on the distribution chart, Dyno Nobel ranks #1180 out of 1610 companies in the Chemicals industry, which is below the industry midpoint. Overall, Dyno Nobel has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dyno Nobel's EV-to-OCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, Dyno Nobel ranks #1180 out of 1610 companies for EV-to-OCF. This places Dyno Nobel in the lower half of its industry. The industry median EV-to-OCF is 10.96. Dyno Nobel's value of 23.13 is 111.1% above this benchmark. Historically, Dyno Nobel's own EV-to-OCF has ranged from 5.90 to 24.46 over the past decade. While the company's 10-year median is 12.14 vs. the industry median of 10.96, Dyno Nobel 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 Chemicals company?
The median EV-to-OCF among Chemicals companies is 10.96, based on 1,610 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. Dyno Nobel's current EV-to-OCF of 23.13 is 111.1% 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 Chemicals industry, the median EV-to-OCF is 10.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dyno Nobel's current EV-to-OCF is 23.13, which is 91% above median its own 10-year median of 12.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dyno Nobel stock overvalued right now?
Based on GuruFocus' analysis, Dyno Nobel (ASX:DNL) is currently considered Significantly Overvalued. The stock's GF Value™ is A$2.20, compared to a current price of A$3.77 — trading 71.4% above its estimated fair value. The current EV-to-OCF is 23.13, which is 91% above median its 10-year median of 12.14 and 111.1% above the Chemicals industry median of 10.96. Dyno Nobel's overall GF Score™ is 55/100 with 8 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 Dyno Nobel (ASX:DNL), the current EV-to-OCF is 23.13 as of Aug. 18, 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 Dyno Nobel (ASX:DNL) Overvalued in 2026?
Based on GuruFocus' analysis, Dyno Nobel stock appears to be overvalued.
The current stock price of A$3.77 is trading 71.4% above its estimated GF Value™ of A$2.20.
GuruFocus considers Dyno Nobel to be Significantly Overvalued.
Key valuation signals for ASX:DNL:
EV-to-OCF: 23.13 (91% above median its 10-year median of 12.14)
GF Value™: A$2.20 vs. price of A$3.77 (71.4% above fair value)
Industry Position: 111.1% above the Chemicals median (#1180 of 1610)
No single metric tells the full story. See the ASX:DNL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dyno Nobel is a leading global explosives company with operations in Australia, Asia, and the Americas. We estimate its share of the global commercial explosives market at about 15%. Explosives traditionally contributed around 80% of EBIT, but with the sale of the fertilizers business, this moves to 100%.
55GF Score
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