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HarmoneyASX:HMY +1.33%34 EV-to-OCF is 24.17 as of Aug. 14, 2026, which is 20% below its 10-year median of 30.34. GuruFocus rates ASX:HMY with a GF Score™ of 34/100 and a GF Value™ of A$0.59 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 544 Credit Services companies, Harmoney ranks worse than 82.54% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Harmoney's Enterprise Value is A$884.3 Mil.
Harmoney's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$36.6 Mil. Therefore, Harmoney's EV-to-OCF for today is 24.17.
The historical rank and industry rank for Harmoney's EV-to-OCF or its related term are showing as below:
ASX:HMY'
s EV-to-OCF Range Over the Past 10 Years
Min: -278 Med: 30.34 Max: 121.57
Current: 24.12
During the past 5 years, the highest EV-to-OCF of Harmoney was 121.57. The lowest was -278.00. And the median was 30.34.
ASX:HMY's EV-to-OCF is ranked worse than 82.54% of 544
companies
in the Credit Services industry
Industry Median: -0.865
vs ASX:HMY: 24.12
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.
Harmoney's share price for today is A$0.76.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Harmoney's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.094.
* 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.
Harmoney EV-to-OCF Related Terms
Harmoney EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Harmoney'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 Credit Services subindustry, Harmoney'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.
Harmoney EV-to-OCF vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Harmoney's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Harmoney's EV-to-OCF falls into.
Harmoney's current Enterprise Value is A$884.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Harmoney's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$36.6 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.
Harmoney (ASX:HMY) has a EV-to-OCF of 24.17 as of Aug. 14, 2026. This is 20% below median its historical median of 30.34. According to the industry distribution chart, Harmoney ranks #449 out of 544 companies in the Credit Services industry, placing it in the top 82.5%.
Is Harmoney's EV-to-OCF too high?
Harmoney's current EV-to-OCF of 24.17 is 20% below median its 10-year median of 30.34. Based on the distribution chart, Harmoney ranks #449 out of 544 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Harmoney has a GF Score™ of 34/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harmoney's EV-to-OCF compare to V and MA?
According to the Credit Services industry distribution chart, Harmoney ranks #449 out of 544 companies for EV-to-OCF. This places Harmoney in the lower half of its industry. 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 Credit Services company?
A good EV-to-OCF depends on the Credit Services industry context. 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. Harmoney's current EV-to-OCF is 24.17, which is 20% below median its own 10-year median of 30.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harmoney stock overvalued right now?
Based on GuruFocus' analysis, Harmoney (ASX:HMY) is currently considered Modestly Overvalued. The stock's GF Value™ is A$0.59, compared to a current price of A$0.76 — trading 28.8% above its estimated fair value. The current EV-to-OCF is 24.17, which is 20% below median its 10-year median of 30.34. Harmoney's overall GF Score™ is 34/100 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 Harmoney (ASX:HMY), the current EV-to-OCF is 24.17 as of Aug. 14, 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 Harmoney (ASX:HMY) Overvalued in 2026?
Based on GuruFocus' analysis, Harmoney stock appears to be overvalued.
The current stock price of A$0.76 is trading 28.8% above its estimated GF Value™ of A$0.59.
GuruFocus considers Harmoney to be Modestly Overvalued.
Key valuation signals for ASX:HMY:
EV-to-OCF: 24.17 (20% below median its 10-year median of 30.34)
GF Value™: A$0.59 vs. price of A$0.76 (28.8% above fair value)
No single metric tells the full story. See the ASX:HMY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Harmoney Corp Ltd operates in the consumer credit industry. It provides customers with secured and unsecured personal loans that are easy to access, competitively priced using risk-adjusted interest rates, and accessed completely online. Geographically, the group generates maximum revenue from its business in Australia, and the rest from New Zealand.
34GF Score
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