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Karoon EnergyASX:KAR +6.38%53 EV-to-OCF is 3.72 as of Aug. 11, 2026, which is 1% below its 10-year median of 3.75. GuruFocus rates ASX:KAR with a GF Score™ of 53/100 and a GF Value™ of A$1.35 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,027 Oil & Gas companies, Karoon Energy ranks better than 62.22% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Karoon Energy's Enterprise Value is A$1,415.7 Mil.
Karoon Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$380.9 Mil. Therefore, Karoon Energy's EV-to-OCF for today is 3.72.
The historical rank and industry rank for Karoon Energy's EV-to-OCF or its related term are showing as below:
ASX:KAR'
s EV-to-OCF Range Over the Past 10 Years
Min: 1.82 Med: 3.75 Max: 38.77
Current: 3.56
During the past 13 years, the highest EV-to-OCF of Karoon Energy was 38.77. The lowest was 1.82. And the median was 3.75.
ASX:KAR's EV-to-OCF is ranked better than 62.22% of 1027
companies
in the Oil & Gas industry
Industry Median: 5.68
vs ASX:KAR: 3.56
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.
Karoon Energy's PE Ratio (TTM) for today is calculated as:
Karoon Energy's share price for today is A$1.75.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Karoon Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.255.
* 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.
Karoon Energy EV-to-OCF Related Terms
Karoon Energy EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Karoon Energy'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 Oil & Gas E&P subindustry, Karoon Energy'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.
Karoon Energy EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Karoon Energy's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Karoon Energy's EV-to-OCF falls into.
Karoon Energy's current Enterprise Value is A$1,415.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Karoon Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$380.9 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.
Karoon Energy (ASX:KAR) has a EV-to-OCF of 3.72 as of Aug. 11, 2026. This is near median its historical median of 3.75. Over the past decade, Karoon Energy's EV-to-OCF has ranged from 1.82 to 38.77. According to the industry distribution chart, Karoon Energy ranks #388 out of 1027 companies in the Oil & Gas industry, placing it in the top 37.8%.
Is Karoon Energy's EV-to-OCF too high?
Karoon Energy's current EV-to-OCF of 3.72 is near median its 10-year median of 3.75. Over the past 10 years, this metric has ranged from a low of 1.82 to a high of 38.77. The Oil & Gas industry median EV-to-OCF is 5.68. Karoon Energy's value of 3.72 is 34.5% below this industry median. Based on the distribution chart, Karoon Energy ranks #388 out of 1027 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Karoon Energy has a GF Score™ of 53/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Karoon Energy's EV-to-OCF compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Karoon Energy ranks #388 out of 1027 companies for EV-to-OCF. This puts Karoon Energy in the upper half of its industry. The industry median EV-to-OCF is 5.68. Karoon Energy's value of 3.72 is 34.5% below this benchmark. Historically, Karoon Energy's own EV-to-OCF has ranged from 1.82 to 38.77 over the past decade. While the company's 10-year median is 3.75 vs. the industry median of 5.68, Karoon Energy has consistently been below 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.68, based on 1,027 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. Karoon Energy's current EV-to-OCF of 3.72 is 34.5% below 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 Oil & Gas industry, the median EV-to-OCF is 5.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Karoon Energy's current EV-to-OCF is 3.72, which is near median its own 10-year median of 3.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karoon Energy stock overvalued right now?
Based on GuruFocus' analysis, Karoon Energy (ASX:KAR) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.35, compared to a current price of A$1.75 — trading 29.6% above its estimated fair value. The current EV-to-OCF is 3.72, which is near median its 10-year median of 3.75 and 34.5% below the Oil & Gas industry median of 5.68. Karoon Energy's overall GF Score™ is 53/100 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 Karoon Energy (ASX:KAR), the current EV-to-OCF is 3.72 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 Karoon Energy (ASX:KAR) Overvalued in 2026?
Based on GuruFocus' analysis, Karoon Energy stock appears to be overvalued.
The current stock price of A$1.75 is trading 29.6% above its estimated GF Value™ of A$1.35.
GuruFocus considers Karoon Energy to be Modestly Overvalued.
Key valuation signals for ASX:KAR:
EV-to-OCF: 3.72 (near median its 10-year median of 3.75)
GF Value™: A$1.35 vs. price of A$1.75 (29.6% above fair value)
Industry Position: 34.5% below the Oil & Gas median (#388 of 1027)
No single metric tells the full story. See the ASX:KAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Karoon produces around 8 million barrels of oil equivalent annually from its wholly owned Baúna field in Brazil's offshore Santos Basin and around 3.5 mmboe from 30% owned Who Dat in the US Gulf. The company acquired Baúna from Petrobras in 2020 and steadily increased production via well interventions and new developments. Field life is approaching six years based on proven and probable reserves of 46 million barrels at the end of December 2025, though this excludes a further 140 million barrels in 2C contingent resources that have the potential to increase life further. We credit a life of more than 10 years, assuming conversion of some 2C contingent resources into the reserve category with drilling. There are also prospective untested targets within Karoon's permits.
53GF Score
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