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Medibank PvtASX:MPL +0.58%77 EV-to-OCF is 46.72 as of Jul. 20, 2026, which is 153% above its 10-year median of 18.46. GuruFocus rates ASX:MPL with a GF Score™ of 77/100 and a GF Value™ of A$4.40 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 505 Insurance companies, Medibank Pvt ranks worse than 94.06% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Medibank Pvt's Enterprise Value is A$13,950 Mil.
Medibank Pvt's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$299 Mil. Therefore, Medibank Pvt's EV-to-OCF for today is 46.72.
The historical rank and industry rank for Medibank Pvt's EV-to-OCF or its related term are showing as below:
ASX:MPL'
s EV-to-OCF Range Over the Past 10 Years
Min: 7.47 Med: 18.46 Max: 55.19
Current: 46.72
During the past 11 years, the highest EV-to-OCF of Medibank Pvt was 55.19. The lowest was 7.47. And the median was 18.46.
ASX:MPL's EV-to-OCF is ranked worse than 94.06% of 505
companies
in the Insurance industry
Industry Median: 6.87
vs ASX:MPL: 46.72
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.
Medibank Pvt's PE Ratio (TTM) for today is calculated as:
Medibank Pvt's share price for today is A$5.16.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Medibank Pvt's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.168.
* 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.
Medibank Pvt EV-to-OCF Related Terms
Medibank Pvt EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Medibank Pvt'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 Insurance - Specialty subindustry, Medibank Pvt'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.
Medibank Pvt EV-to-OCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Medibank Pvt's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Medibank Pvt's EV-to-OCF falls into.
Medibank Pvt's current Enterprise Value is A$13,950 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Medibank Pvt's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$299 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.
Medibank Pvt (ASX:MPL) has a EV-to-OCF of 46.72 as of Jul. 20, 2026. This is 153% above median its historical median of 18.46. Over the past decade, Medibank Pvt's EV-to-OCF has ranged from 7.47 to 55.19. According to the industry distribution chart, Medibank Pvt ranks #475 out of 505 companies in the Insurance industry, placing it in the top 94.1%.
Is Medibank Pvt's EV-to-OCF too high?
Medibank Pvt's current EV-to-OCF of 46.72 is 153% above median its 10-year median of 18.46. Over the past 10 years, this metric has ranged from a low of 7.47 to a high of 55.19. The Insurance industry median EV-to-OCF is 6.87. Medibank Pvt's value of 46.72 is 580.1% above this industry median. Based on the distribution chart, Medibank Pvt ranks #475 out of 505 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Medibank Pvt has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Medibank Pvt's EV-to-OCF compare to FNF and AXS?
According to the Insurance industry distribution chart, Medibank Pvt ranks #475 out of 505 companies for EV-to-OCF. This places Medibank Pvt in the lower half of its industry. The industry median EV-to-OCF is 6.87. Medibank Pvt's value of 46.72 is 580.1% above this benchmark. Historically, Medibank Pvt's own EV-to-OCF has ranged from 7.47 to 55.19 over the past decade. While the company's 10-year median is 18.46 vs. the industry median of 6.87, Medibank Pvt 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 Insurance company?
The median EV-to-OCF among Insurance companies is 6.87, based on 505 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. Medibank Pvt's current EV-to-OCF of 46.72 is 580.1% 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 Insurance industry, the median EV-to-OCF is 6.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Medibank Pvt's current EV-to-OCF is 46.72, which is 153% above median its own 10-year median of 18.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medibank Pvt stock overvalued right now?
Based on GuruFocus' analysis, Medibank Pvt (ASX:MPL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.40, compared to a current price of A$5.16 — trading 17.3% above its estimated fair value. The current EV-to-OCF is 46.72, which is 153% above median its 10-year median of 18.46 and 580.1% above the Insurance industry median of 6.87. Medibank Pvt's overall GF Score™ is 77/100 with 6 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 Medibank Pvt (ASX:MPL), the current EV-to-OCF is 46.72 as of Jul. 20, 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 Medibank Pvt (ASX:MPL) Overvalued in 2026?
Based on GuruFocus' analysis, Medibank Pvt stock appears to be overvalued.
The current stock price of A$5.16 is trading 17.3% above its estimated GF Value™ of A$4.40.
GuruFocus considers Medibank Pvt to be Modestly Overvalued.
Key valuation signals for ASX:MPL:
EV-to-OCF: 46.72 (153% above median its 10-year median of 18.46)
GF Value™: A$4.40 vs. price of A$5.16 (17.3% above fair value)
Industry Position: 580.1% above the Insurance median (#475 of 505)
No single metric tells the full story. See the ASX:MPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and Ahm, cover around 5 million people. Medibank and Australia's fourth-largest health fund, NIB Holdings, are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.
77GF Score
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