KMD Brands (ASX:KMD) EV-to-OCF: 4.11 (As of Aug. 11, 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:KMD KMD Brands Ltd ASX:KMD
52 GF Score
Price A$1.48
GF Value A$5.65
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is KMD Brands EV-to-OCF?

KMD Brands ASX:KMD -0.67% 52 EV-to-OCF is 4.11 as of Aug. 11, 2026, which is 36% below its 10-year median of 6.38. GuruFocus rates ASX:KMD with a GF Score™ of 52/100 and a GF Value™ of A$5.65 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, KMD Brands ranks better than 61.2% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, KMD Brands's Enterprise Value is A$393.3 Mil. KMD Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was A$95.8 Mil. Therefore, KMD Brands's EV-to-OCF for today is 4.11.

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

ASX:KMD' s EV-to-OCF Range Over the Past 10 Years
Min: 3.33   Med: 6.38   Max: 14.22
Current: 4.47

During the past 13 years, the highest EV-to-OCF of KMD Brands was 14.22. The lowest was 3.33. And the median was 6.38.

ASX:KMD's EV-to-OCF is ranked better than
61.2% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 7.1 vs ASX:KMD: 4.47

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), KMD Brands's stock price is A$1.48. KMD Brands's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was A$-1.688. Therefore, KMD Brands's PE Ratio (TTM) for today is At Loss.


KMD Brands  (ASX:KMD) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.48/-1.688
=At Loss

KMD Brands's share price for today is A$1.48.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KMD Brands's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was A$-1.688.

* 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.


KMD Brands EV-to-OCF Related Terms


KMD Brands EV-to-OCF Historical Data

* Premium members only.

The historical data trend for KMD Brands'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.

KMD Brands EV-to-OCF Chart

KMD Brands Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.65 13.47 6.85 4.68 4.18

KMD Brands Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 4.68 0.00 4.18 0.00

ASX:KMD vs RL, LEVI, VFC: EV-to-OCF Comparison

For the Apparel Manufacturing subindustry, KMD Brands'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.


KMD Brands EV-to-OCF vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, KMD Brands's EV-to-OCF distribution charts can be found below:

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


ASX:KMD
52GF Score
KMD Brands Ltd ASX:KMD
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

KMD Brands EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=393.295/95.773
=4.11

KMD Brands's current Enterprise Value is A$393.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. KMD Brands's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was A$95.8 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 4.11 mean?
KMD Brands (ASX:KMD) has a EV-to-OCF of 4.11 as of Aug. 11, 2026. This is 36% below median its historical median of 6.38. Over the past decade, KMD Brands' EV-to-OCF has ranged from 3.33 to 14.22. According to the industry distribution chart, KMD Brands ranks #414 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 38.8%.
Is KMD Brands' EV-to-OCF too high?
KMD Brands' current EV-to-OCF of 4.11 is 36% below median its 10-year median of 6.38. Over the past 10 years, this metric has ranged from a low of 3.33 to a high of 14.22. The Manufacturing - Apparel & Accessories industry median EV-to-OCF is 7.10. KMD Brands' value of 4.11 is 42.1% below this industry median. Based on the distribution chart, KMD Brands ranks #414 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, KMD Brands has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KMD Brands' EV-to-OCF compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, KMD Brands ranks #414 out of 1067 companies for EV-to-OCF. This puts KMD Brands in the upper half of its industry. The industry median EV-to-OCF is 7.10. KMD Brands' value of 4.11 is 42.1% below this benchmark. Historically, KMD Brands' own EV-to-OCF has ranged from 3.33 to 14.22 over the past decade. While the company's 10-year median is 6.38 vs. the industry median of 7.10, KMD Brands 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 a Manufacturing - Apparel & Accessories company?
The median EV-to-OCF among Manufacturing - Apparel & Accessories companies is 7.10, based on 1,067 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. KMD Brands's current EV-to-OCF of 4.11 is 42.1% 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 Manufacturing - Apparel & Accessories industry, the median EV-to-OCF is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KMD Brands's current EV-to-OCF is 4.11, which is 36% below median its own 10-year median of 6.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KMD Brands stock overvalued right now?
Based on GuruFocus' analysis, KMD Brands (ASX:KMD) is currently considered Possible Value Trap. The stock's GF Value™ is A$5.65, compared to a current price of A$1.48 — trading 73.8% below its estimated fair value. The current EV-to-OCF is 4.11, which is 36% below median its 10-year median of 6.38 and 42.1% below the Manufacturing - Apparel & Accessories industry median of 7.10. KMD Brands' overall GF Score™ is 52/100 with 3 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 KMD Brands (ASX:KMD), the current EV-to-OCF is 4.11 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 KMD Brands (ASX:KMD) Overvalued in 2026?

Based on GuruFocus' analysis, KMD Brands stock appears to be undervalued. The current stock price of A$1.48 is trading 73.8% below its estimated GF Value™ of A$5.65. GuruFocus considers KMD Brands to be Possible Value Trap.

Key valuation signals for ASX:KMD:

  • EV-to-OCF: 4.11 (36% below median its 10-year median of 6.38)
  • GF Value™: A$5.65 vs. price of A$1.48 (73.8% below fair value)
  • GF Score™: 52/100 with 3 warning signs
  • Industry Position: 42.1% below the Manufacturing - Apparel & Accessories median (#414 of 1067)

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


KMD Brands Business Description

Address 223 Tuam Street, Christchurch Central, Christchurch, NZL, 8011
KMD Brands Ltd is a designer, marketer, retailer, and wholesaler of apparel, footwear, and equipment for surfing and the outdoors. The company operates through three brands including Kathmandu, which is a designer, retailer, and wholesaler of apparel footwear, and equipment for outdoor travel and adventure; Rip Curl, which is a designer, manufacturer, wholesaler and retailer of surfing equipment and apparel; and Oboz, which is a designer, wholesaler and online retailer of outdoor footwear. The company generates the majority of its revenue from the Kathmandu segment.
52GF Score

Get the complete analysis for ASX:KMD

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

A$1.48
Price
A$5.65
GF Value