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Magellan Financial GroupASX:MFG +2.88%50 EV-to-OCF is 19.62 as of Aug. 05, 2026, which is 10% below its 10-year median of 21.76. GuruFocus rates ASX:MFG with a GF Score™ of 50/100 and a GF Value™ of A$6.04 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,509 Asset Management companies, Magellan Financial Group ranks worse than 74.02% on this metric.
The historical rank and industry rank for Magellan Financial Group's EV-to-OCF or its related term are showing as below:
ASX:MFG'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.34 Med: 21.76 Max: 51.18
Current: 18.28
During the past 13 years, the highest EV-to-OCF of Magellan Financial Group was 51.18. The lowest was 2.34. And the median was 21.76.
ASX:MFG's EV-to-OCF is ranked worse than 74.02% of 1509
companies
in the Asset Management industry
Industry Median: 6.2
vs ASX:MFG: 18.28
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.
Magellan Financial Group (ASX:MFG) 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.
Magellan Financial Group's PE Ratio (TTM) for today is calculated as:
Magellan Financial Group's share price for today is A$10.36.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magellan Financial Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.807.
* 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.
Magellan Financial Group EV-to-OCF Related Terms
Magellan Financial Group 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, Magellan Financial Group'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.
Magellan Financial Group EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Magellan Financial Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Magellan Financial Group's EV-to-OCF falls into.
Magellan Financial Group's current Enterprise Value is A$2,919.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Magellan Financial Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$148.8 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.
Magellan Financial Group (ASX:MFG) has a EV-to-OCF of 19.62 as of Aug. 05, 2026. This is 10% below median its historical median of 21.76. Over the past decade, Magellan Financial Group's EV-to-OCF has ranged from 2.34 to 51.18. According to the industry distribution chart, Magellan Financial Group ranks #1117 out of 1509 companies in the Asset Management industry, placing it in the top 74%.
Is Magellan Financial Group's EV-to-OCF too high?
Magellan Financial Group's current EV-to-OCF of 19.62 is 10% below median its 10-year median of 21.76. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 51.18. The Asset Management industry median EV-to-OCF is 6.20. Magellan Financial Group's value of 19.62 is 216.5% above this industry median. Based on the distribution chart, Magellan Financial Group ranks #1117 out of 1509 companies in the Asset Management industry, which is below the industry midpoint. Overall, Magellan Financial Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Magellan Financial Group's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Magellan Financial Group ranks #1117 out of 1509 companies for EV-to-OCF. This places Magellan Financial Group in the lower half of its industry. The industry median EV-to-OCF is 6.20. Magellan Financial Group's value of 19.62 is 216.5% above this benchmark. Historically, Magellan Financial Group's own EV-to-OCF has ranged from 2.34 to 51.18 over the past decade. While the company's 10-year median is 21.76 vs. the industry median of 6.20, Magellan Financial Group 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 6.20, based on 1,509 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. Magellan Financial Group's current EV-to-OCF of 19.62 is 216.5% 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 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magellan Financial Group's current EV-to-OCF is 19.62, which is 10% below median its own 10-year median of 21.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magellan Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Magellan Financial Group (ASX:MFG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$6.04, compared to a current price of A$10.36 — trading 71.5% above its estimated fair value. The current EV-to-OCF is 19.62, which is 10% below median its 10-year median of 21.76 and 216.5% above the Asset Management industry median of 6.20. Magellan Financial Group's overall GF Score™ is 50/100 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 Magellan Financial Group (ASX:MFG), the current EV-to-OCF is 19.62 as of Aug. 05, 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 Magellan Financial Group (ASX:MFG) Overvalued in 2026?
Based on GuruFocus' analysis, Magellan Financial Group stock appears to be overvalued.
The current stock price of A$10.36 is trading 71.5% above its estimated GF Value™ of A$6.04.
GuruFocus considers Magellan Financial Group to be Significantly Overvalued.
Key valuation signals for ASX:MFG:
EV-to-OCF: 19.62 (10% below median its 10-year median of 21.76)
GF Value™: A$6.04 vs. price of A$10.36 (71.5% above fair value)
Industry Position: 216.5% above the Asset Management median (#1117 of 1509)
No single metric tells the full story. See the ASX:MFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Magellan Financial Group was established in 2006 as an active asset manager, before merging with Barrenjoey in 2026 to add investment banking to its offering. The heritage asset management business specializes in global, infrastructure, and Australian equities for domestic retail and institutional investors. More recently, the firm has partnered with external asset managers to distribute funds in areas outside its own investment expertise. Barrenjoey, meanwhile, operates across advisory, capital markets, research and execution, and private capital, holding market-leading positions across several business lines relative to domestic rivals.
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