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The historical rank and industry rank for Hearts And Minds Investments's EV-to-OCF or its related term are showing as below:
ASX:HM1'
s EV-to-OCF Range Over the Past 10 Years
Min: -809.99 Med: -49.28 Max: 1.15
Current: -47.45
During the past 8 years, the highest EV-to-OCF of Hearts And Minds Investments was 1.15. The lowest was -809.99. And the median was -49.28.
ASX:HM1's EV-to-OCF is ranked better than 87.37% of 1496
companies
in the Asset Management industry
Industry Median: 6.85
vs ASX:HM1: -47.45
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.
Hearts And Minds Investments (ASX:HM1) 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.
Hearts And Minds Investments's PE Ratio (TTM) for today is calculated as:
Hearts And Minds Investments's share price for today is A$2.88.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hearts And Minds Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was A$0.203.
* 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.
Hearts And Minds Investments EV-to-OCF Related Terms
Hearts And Minds Investments EV-to-OCF Historical Data
* 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 Asset Management subindustry, Hearts And Minds 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.
Hearts And Minds Investments EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hearts And Minds Investments's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Hearts And Minds Investments's EV-to-OCF falls into.
Hearts And Minds Investments's current Enterprise Value is A$616.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hearts And Minds Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was A$-13.14 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.
Hearts And Minds Investments (ASX:HM1) has a EV-to-OCF of -46.92 as of Sep. 21, 2026. According to the industry distribution chart, Hearts And Minds Investments ranks #189 out of 1496 companies in the Asset Management industry, placing it in the top 12.6%.
Is Hearts And Minds Investments' EV-to-OCF too high?
Hearts And Minds Investments' current EV-to-OCF is -46.92. Based on the distribution chart, Hearts And Minds Investments ranks #189 out of 1496 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hearts And Minds Investments has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hearts And Minds Investments' EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Hearts And Minds Investments ranks #189 out of 1496 companies for EV-to-OCF. This places Hearts And Minds Investments in the top 13% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 6.85. 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 6.85, based on 1,496 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 Asset Management industry, the median EV-to-OCF is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hearts And Minds Investments's current EV-to-OCF is -46.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hearts And Minds Investments stock overvalued right now?
Based on GuruFocus' analysis, Hearts And Minds Investments (ASX:HM1) is currently considered Possible Value Trap. The stock's GF Value™ is A$4.24, compared to a current price of A$2.88 — trading 32.1% below its estimated fair value. The current EV-to-OCF is -46.92. Hearts And Minds Investments' overall GF Score™ is 56/100 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 Hearts And Minds Investments (ASX:HM1), the current EV-to-OCF is -46.92 as of Sep. 21, 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 Hearts And Minds Investments (ASX:HM1) Overvalued in 2026?
Based on GuruFocus' analysis, Hearts And Minds Investments stock appears to be undervalued.
The current stock price of A$2.88 is trading 32.1% below its estimated GF Value™ of A$4.24.
GuruFocus considers Hearts And Minds Investments to be Possible Value Trap.
Key valuation signals for ASX:HM1:
EV-to-OCF: -46.92
GF Value™: A$4.24 vs. price of A$2.88 (32.1% below fair value)
No single metric tells the full story. See the ASX:HM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, the company has investments in the United States, Australia, Hong Kong, Germany, Canada, and the United Kingdom.
56GF Score
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