Ironbark Capital (ASX:IBC) EV-to-OCF: 7.13 (As of Aug. 11, 2026) — 35% Below Median

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ASX:IBC Ironbark Capital Ltd ASX:IBC
33 GF Score
Price A$0.45
GF Value A$0.59
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Ironbark Capital EV-to-OCF?

Ironbark Capital ASX:IBC 33 EV-to-OCF is 7.13 as of Aug. 11, 2026, which is 35% below its 10-year median of 10.91. GuruFocus rates ASX:IBC with a GF Score™ of 33/100 and a GF Value™ of A$0.59 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,501 Asset Management companies, Ironbark Capital ranks worse than 52.56% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ironbark Capital's Enterprise Value is A$42.54 Mil. Ironbark Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$5.97 Mil. Therefore, Ironbark Capital's EV-to-OCF for today is 7.13.

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

ASX:IBC' s EV-to-OCF Range Over the Past 10 Years
Min: -19.27   Med: 10.91   Max: 177.23
Current: 7.13

During the past 13 years, the highest EV-to-OCF of Ironbark Capital was 177.23. The lowest was -19.27. And the median was 10.91.

ASX:IBC's EV-to-OCF is ranked worse than
52.56% of 1501 companies
in the Asset Management industry
Industry Median: 5.95 vs ASX:IBC: 7.13

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 (2026-08-11), Ironbark Capital's stock price is A$0.445. Ironbark Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.033. Therefore, Ironbark Capital's PE Ratio (TTM) for today is 13.48.


Ironbark Capital  (ASX:IBC) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.445/0.033
=13.48

Ironbark Capital's share price for today is A$0.445.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ironbark Capital's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.033.

* 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.


Ironbark Capital EV-to-OCF Related Terms


Ironbark Capital EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Ironbark Capital'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.

Ironbark Capital EV-to-OCF Chart

Ironbark Capital 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 33.66 5.43 22.56 10.83 6.31

Ironbark Capital 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 10.83 0.00 6.31 0.00

ASX:IBC vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, Ironbark Capital'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.


Ironbark Capital EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ironbark Capital's EV-to-OCF distribution charts can be found below:

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


ASX:IBC
33GF Score
Ironbark Capital Ltd ASX:IBC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ironbark Capital EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=42.543/5.966
=7.13

Ironbark Capital's current Enterprise Value is A$42.54 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ironbark Capital's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$5.97 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 7.13 mean?
Ironbark Capital (ASX:IBC) has a EV-to-OCF of 7.13 as of Aug. 11, 2026. This is 35% below median its historical median of 10.91. According to the industry distribution chart, Ironbark Capital ranks #789 out of 1501 companies in the Asset Management industry, placing it in the top 52.6%.
Is Ironbark Capital's EV-to-OCF too high?
Ironbark Capital's current EV-to-OCF of 7.13 is 35% below median its 10-year median of 10.91. The Asset Management industry median EV-to-OCF is 5.95. Ironbark Capital's value of 7.13 is 19.8% above this industry median. Based on the distribution chart, Ironbark Capital ranks #789 out of 1501 companies in the Asset Management industry, which is below the industry midpoint. Overall, Ironbark Capital has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ironbark Capital's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Ironbark Capital ranks #789 out of 1501 companies for EV-to-OCF. This places Ironbark Capital in the lower half of its industry. The industry median EV-to-OCF is 5.95. Ironbark Capital's value of 7.13 is 19.8% above this benchmark. While the company's 10-year median is 10.91 vs. the industry median of 5.95, Ironbark Capital 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.95, based on 1,501 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. Ironbark Capital's current EV-to-OCF of 7.13 is 19.8% 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 Asset Management industry, the median EV-to-OCF is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ironbark Capital's current EV-to-OCF is 7.13, which is 35% below median its own 10-year median of 10.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ironbark Capital stock overvalued right now?
Based on GuruFocus' analysis, Ironbark Capital (ASX:IBC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.59, compared to a current price of A$0.45 — trading 24.6% below its estimated fair value. The current EV-to-OCF is 7.13, which is 35% below median its 10-year median of 10.91 and 19.8% above the Asset Management industry median of 5.95. Ironbark Capital's overall GF Score™ is 33/100 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 Ironbark Capital (ASX:IBC), the current EV-to-OCF is 7.13 as of Aug. 11, 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 Ironbark Capital (ASX:IBC) Overvalued in 2026?

Based on GuruFocus' analysis, Ironbark Capital stock appears to be undervalued. The current stock price of A$0.45 is trading 24.6% below its estimated GF Value™ of A$0.59. GuruFocus considers Ironbark Capital to be Modestly Undervalued.

Key valuation signals for ASX:IBC:

  • EV-to-OCF: 7.13 (35% below median its 10-year median of 10.91)
  • GF Value™: A$0.59 vs. price of A$0.45 (24.6% below fair value)
  • GF Score™: 33/100 with 2 warning signs
  • Industry Position: 19.8% above the Asset Management median (#789 of 1501)

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


Ironbark Capital Business Description

Address c/o Boardroom Pty Limited, 210 George Street, Level 8, Sydney, NSW, AUS, 2000
Ironbark Capital Ltd is an investment company. It generates its revenue in the form of dividends, interest, distribution, the sale of its trading portfolio and other income. The Company operated in Australia only and the principal activity is investment.
33GF Score

Get the complete analysis for ASX:IBC

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

A$0.45
Price
A$0.59
GF Value