Healius (ASX:HLS) EV-to-OCF: 6.39 (As of Aug. 12, 2026) — 33% Below Median

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ASX:HLS Healius Ltd ASX:HLS
53 GF Score
Price A$0.42
GF Value A$1.02
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Healius EV-to-OCF?

Healius ASX:HLS -2.33% 53 EV-to-OCF is 6.39 as of Aug. 12, 2026, which is 33% below its 10-year median of 9.57. GuruFocus rates ASX:HLS with a GF Score™ of 53/100 and a GF Value™ of A$1.02 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 213 Medical Diagnostics & Research companies, Healius ranks worse than 50.23% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Healius's Enterprise Value is A$1,201 Mil. Healius's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$188 Mil. Therefore, Healius's EV-to-OCF for today is 6.39.

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

ASX:HLS' s EV-to-OCF Range Over the Past 10 Years
Min: 3.82   Med: 9.57   Max: 20.87
Current: 6.35

During the past 13 years, the highest EV-to-OCF of Healius was 20.87. The lowest was 3.82. And the median was 9.57.

ASX:HLS's EV-to-OCF is ranked worse than
50.23% of 213 companies
in the Medical Diagnostics & Research industry
Industry Median: 6.35 vs ASX:HLS: 6.35

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 (2026-08-12), Healius's stock price is A$0.42. Healius's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.232. Therefore, Healius's PE Ratio (TTM) for today is At Loss.


Healius  (ASX:HLS) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.42/-0.232
=At Loss

Healius's share price for today is A$0.42.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Healius's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.232.

* 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.


Healius EV-to-OCF Related Terms


Healius EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Healius'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.

Healius EV-to-OCF Chart

Healius Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.59 6.45 10.39 9.85 4.99

Healius Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only 0.00 9.85 0.00 4.99 0.00

ASX:HLS vs TMO, DHR, IDXX: EV-to-OCF Comparison

For the Diagnostics & Research subindustry, Healius'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.


Healius EV-to-OCF vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Healius's EV-to-OCF distribution charts can be found below:

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


ASX:HLS
53GF Score
Healius Ltd ASX:HLS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Healius EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1200.747/187.9
=6.39

Healius's current Enterprise Value is A$1,201 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Healius's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$188 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 6.39 mean?
Healius (ASX:HLS) has a EV-to-OCF of 6.39 as of Aug. 12, 2026. This is 33% below median its historical median of 9.57. Over the past decade, Healius' EV-to-OCF has ranged from 3.82 to 20.87. According to the industry distribution chart, Healius ranks #107 out of 213 companies in the Medical Diagnostics & Research industry, placing it in the top 50.2%.
Is Healius' EV-to-OCF too high?
Healius' current EV-to-OCF of 6.39 is 33% below median its 10-year median of 9.57. Over the past 10 years, this metric has ranged from a low of 3.82 to a high of 20.87. The Medical Diagnostics & Research industry median EV-to-OCF is 6.35. Healius' value of 6.39 is 0.6% above this industry median. Based on the distribution chart, Healius ranks #107 out of 213 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Healius 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 Healius' EV-to-OCF compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Healius ranks #107 out of 213 companies for EV-to-OCF. This places Healius in the lower half of its industry. The industry median EV-to-OCF is 6.35. Healius' value of 6.39 is 0.6% above this benchmark. Historically, Healius' own EV-to-OCF has ranged from 3.82 to 20.87 over the past decade. While the company's 10-year median is 9.57 vs. the industry median of 6.35, Healius 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 Medical Diagnostics & Research company?
The median EV-to-OCF among Medical Diagnostics & Research companies is 6.35, based on 213 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. Healius's current EV-to-OCF of 6.39 is 0.6% 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 Medical Diagnostics & Research industry, the median EV-to-OCF is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Healius's current EV-to-OCF is 6.39, which is 33% below median its own 10-year median of 9.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Healius stock overvalued right now?
Based on GuruFocus' analysis, Healius (ASX:HLS) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.02, compared to a current price of A$0.42 — trading 58.8% below its estimated fair value. The current EV-to-OCF is 6.39, which is 33% below median its 10-year median of 9.57 and 0.6% above the Medical Diagnostics & Research industry median of 6.35. Healius' 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 Healius (ASX:HLS), the current EV-to-OCF is 6.39 as of Aug. 12, 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 Healius (ASX:HLS) Overvalued in 2026?

Based on GuruFocus' analysis, Healius stock appears to be undervalued. The current stock price of A$0.42 is trading 58.8% below its estimated GF Value™ of A$1.02. GuruFocus considers Healius to be Possible Value Trap.

Key valuation signals for ASX:HLS:

  • EV-to-OCF: 6.39 (33% below median its 10-year median of 9.57)
  • GF Value™: A$1.02 vs. price of A$0.42 (58.8% below fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 0.6% above the Medical Diagnostics & Research median (#107 of 213)

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


Healius Business Description

Other Exchanges PGZ:Germany
Address 161 Castlereagh Street, Level 22, Sydney, NSW, AUS, 2000
Healius is Australia's second-largest pathology provider. Pathology revenue is almost entirely earned via the public health Medicare system and makes up the majority of Healius' group revenue. A small portion comes from its clinical testing business, Agilex.
53GF Score

Get the complete analysis for ASX:HLS

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

A$0.42
Price
A$1.02
GF Value