Michael Hill International (ASX:MHJ) EV-to-OCF: 2.73 (As of Aug. 08, 2026) — 53% Below Median

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ASX:MHJ Michael Hill International Ltd ASX:MHJ
51 GF Score
Price A$0.35
GF Value A$0.57
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Michael Hill International EV-to-OCF?

Michael Hill International ASX:MHJ 51 EV-to-OCF is 2.73 as of Aug. 08, 2026, which is 53% below its 10-year median of 5.85. GuruFocus rates ASX:MHJ with a GF Score™ of 51/100 and a GF Value™ of A$0.57 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Michael Hill International ranks better than 69.22% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Michael Hill International's Enterprise Value is A$249.7 Mil. Michael Hill International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$91.5 Mil. Therefore, Michael Hill International's EV-to-OCF for today is 2.73.

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

ASX:MHJ' s EV-to-OCF Range Over the Past 10 Years
Min: 2.66   Med: 5.85   Max: 14.5
Current: 2.73

During the past 13 years, the highest EV-to-OCF of Michael Hill International was 14.50. The lowest was 2.66. And the median was 5.85.

ASX:MHJ's EV-to-OCF is ranked better than
69.22% of 1134 companies
in the Retail - Cyclical industry
Industry Median: 6.985 vs ASX:MHJ: 2.73

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 (2026-08-08), Michael Hill International's stock price is A$0.35. Michael Hill International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.018. Therefore, Michael Hill International's PE Ratio (TTM) for today is 19.44.


Michael Hill International  (ASX:MHJ) 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.

Michael Hill International's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.35/0.018
=19.44

Michael Hill International's share price for today is A$0.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Michael Hill International's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.018.

* 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.


Michael Hill International EV-to-OCF Related Terms


Michael Hill International EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Michael Hill International'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.

Michael Hill International EV-to-OCF Chart

Michael Hill International 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 2.81 3.88 6.14 9.65 6.20

Michael Hill International 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 9.65 0.00 6.20 0.00

ASX:MHJ vs TPR, SIG: EV-to-OCF Comparison

For the Luxury Goods subindustry, Michael Hill International'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.


Michael Hill International EV-to-OCF vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Michael Hill International's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Michael Hill International's EV-to-OCF falls into.


ASX:MHJ
51GF Score
Michael Hill International Ltd ASX:MHJ
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Michael Hill International EV-to-OCF Calculation

Michael Hill International's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=249.727/91.532
=2.73

Michael Hill International's current Enterprise Value is A$249.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Michael Hill International's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$91.5 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 2.73 mean?
Michael Hill International (ASX:MHJ) has a EV-to-OCF of 2.73 as of Aug. 08, 2026. This is 53% below median its historical median of 5.85. Over the past decade, Michael Hill International's EV-to-OCF has ranged from 2.66 to 14.50. According to the industry distribution chart, Michael Hill International ranks #349 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 30.8%.
Is Michael Hill International's EV-to-OCF too high?
Michael Hill International's current EV-to-OCF of 2.73 is 53% below median its 10-year median of 5.85. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 14.50. The Retail - Cyclical industry median EV-to-OCF is 6.99. Michael Hill International's value of 2.73 is 60.9% below this industry median. Based on the distribution chart, Michael Hill International ranks #349 out of 1134 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Michael Hill International has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Michael Hill International's EV-to-OCF compare to TPR and SIG?
According to the Retail - Cyclical industry distribution chart, Michael Hill International ranks #349 out of 1134 companies for EV-to-OCF. This puts Michael Hill International in the upper half of its industry. The industry median EV-to-OCF is 6.99. Michael Hill International's value of 2.73 is 60.9% below this benchmark. Historically, Michael Hill International's own EV-to-OCF has ranged from 2.66 to 14.50 over the past decade. While the company's 10-year median is 5.85 vs. the industry median of 6.99, Michael Hill International 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 Retail - Cyclical company?
The median EV-to-OCF among Retail - Cyclical companies is 6.99, based on 1,134 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. Michael Hill International's current EV-to-OCF of 2.73 is 60.9% 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 Retail - Cyclical industry, the median EV-to-OCF is 6.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Michael Hill International's current EV-to-OCF is 2.73, which is 53% below median its own 10-year median of 5.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michael Hill International stock overvalued right now?
Based on GuruFocus' analysis, Michael Hill International (ASX:MHJ) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.57, compared to a current price of A$0.35 — trading 38.6% below its estimated fair value. The current EV-to-OCF is 2.73, which is 53% below median its 10-year median of 5.85 and 60.9% below the Retail - Cyclical industry median of 6.99. Michael Hill International's overall GF Score™ is 51/100 with 4 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 Michael Hill International (ASX:MHJ), the current EV-to-OCF is 2.73 as of Aug. 08, 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 Michael Hill International (ASX:MHJ) Overvalued in 2026?

Based on GuruFocus' analysis, Michael Hill International stock appears to be undervalued. The current stock price of A$0.35 is trading 38.6% below its estimated GF Value™ of A$0.57. GuruFocus considers Michael Hill International to be Significantly Undervalued.

Key valuation signals for ASX:MHJ:

  • EV-to-OCF: 2.73 (53% below median its 10-year median of 5.85)
  • GF Value™: A$0.57 vs. price of A$0.35 (38.6% below fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 60.9% below the Retail - Cyclical median (#349 of 1134)

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


Michael Hill International Business Description

Other Exchanges MHJ:New Zealand
Address 34 Southgate Avenue, Cannon Hill, QLD, AUS, 4170
Michael Hill International Ltd is an Australia based specialist retail jewellery chain engaged in the sale of jewellery and related services. It operates stores in Australia, New Zealand and Canada. It derives prime revenue from Australia. The product portfolio of the company includes Rings, Earrings, Pendants and Necklaces, Bracelets, Bangles and other products.
51GF Score

Get the complete analysis for ASX:MHJ

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

A$0.35
Price
A$0.57
GF Value