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.
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.
What is Nine Entertainment Co. Holdings EV-to-OCF?
Nine Entertainment Co. HoldingsASX:NEC +2.60%61 EV-to-OCF is 36.41 as of Aug. 03, 2026, which is 228% above its 10-year median of 11.10. GuruFocus rates ASX:NEC with a GF Score™ of 61/100 and a GF Value™ of A$1.36 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,021 Media - Diversified companies, Nine Entertainment Co. Holdings ranks worse than 88.44% on this metric.
The historical rank and industry rank for Nine Entertainment Co. Holdings's EV-to-OCF or its related term are showing as below:
ASX:NEC'
s EV-to-OCF Range Over the Past 10 Years
Min: -570.84 Med: 11.1 Max: 34.86
Current: 34.86
During the past 12 years, the highest EV-to-OCF of Nine Entertainment Co. Holdings was 34.86. The lowest was -570.84. And the median was 11.10.
ASX:NEC's EV-to-OCF is ranked worse than 88.44% of 1021
companies
in the Media - Diversified industry
Industry Median: 4.82
vs ASX:NEC: 34.86
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.
Nine Entertainment Co. Holdings (ASX:NEC) 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.
Nine Entertainment Co. Holdings's PE Ratio (TTM) for today is calculated as:
Nine Entertainment Co. Holdings's share price for today is A$0.985.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nine Entertainment Co. Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.580.
* 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.
Nine Entertainment Co. Holdings EV-to-OCF Related Terms
Nine Entertainment Co. Holdings 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 Entertainment subindustry, Nine Entertainment Co. Holdings'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.
Nine Entertainment Co. Holdings EV-to-OCF vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Nine Entertainment Co. Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nine Entertainment Co. Holdings's EV-to-OCF falls into.
Nine Entertainment Co. Holdings's current Enterprise Value is A$1,677 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nine Entertainment Co. Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$46 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.
Nine Entertainment Co. Holdings (ASX:NEC) has a EV-to-OCF of 36.41 as of Aug. 03, 2026. This is 228% above median its historical median of 11.10. According to the industry distribution chart, Nine Entertainment Co. Holdings ranks #903 out of 1021 companies in the Media - Diversified industry, placing it in the top 88.4%.
Is Nine Entertainment Co. Holdings' EV-to-OCF too high?
Nine Entertainment Co. Holdings' current EV-to-OCF of 36.41 is 228% above median its 10-year median of 11.10. The Media - Diversified industry median EV-to-OCF is 4.82. Nine Entertainment Co. Holdings' value of 36.41 is 655.4% above this industry median. Based on the distribution chart, Nine Entertainment Co. Holdings ranks #903 out of 1021 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Nine Entertainment Co. Holdings has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nine Entertainment Co. Holdings' EV-to-OCF compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Nine Entertainment Co. Holdings ranks #903 out of 1021 companies for EV-to-OCF. This places Nine Entertainment Co. Holdings in the lower half of its industry. The industry median EV-to-OCF is 4.82. Nine Entertainment Co. Holdings' value of 36.41 is 655.4% above this benchmark. While the company's 10-year median is 11.10 vs. the industry median of 4.82, Nine Entertainment Co. Holdings 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 a Media - Diversified company?
The median EV-to-OCF among Media - Diversified companies is 4.82, based on 1,021 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. Nine Entertainment Co. Holdings's current EV-to-OCF of 36.41 is 655.4% 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 Media - Diversified industry, the median EV-to-OCF is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nine Entertainment Co. Holdings's current EV-to-OCF is 36.41, which is 228% above median its own 10-year median of 11.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nine Entertainment Co. Holdings stock overvalued right now?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings (ASX:NEC) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.36, compared to a current price of A$0.99 — trading 27.6% below its estimated fair value. The current EV-to-OCF is 36.41, which is 228% above median its 10-year median of 11.10 and 655.4% above the Media - Diversified industry median of 4.82. Nine Entertainment Co. Holdings' overall GF Score™ is 61/100 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 Nine Entertainment Co. Holdings (ASX:NEC), the current EV-to-OCF is 36.41 as of Aug. 03, 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 Nine Entertainment Co. Holdings (ASX:NEC) Overvalued in 2026?
Based on GuruFocus' analysis, Nine Entertainment Co. Holdings stock appears to be undervalued.
The current stock price of A$0.99 is trading 27.6% below its estimated GF Value™ of A$1.36.
GuruFocus considers Nine Entertainment Co. Holdings to be Modestly Undervalued.
Key valuation signals for ASX:NEC:
EV-to-OCF: 36.41 (228% above median its 10-year median of 11.10)
GF Value™: A$1.36 vs. price of A$0.99 (27.6% below fair value)
Industry Position: 655.4% above the Media - Diversified median (#903 of 1021)
No single metric tells the full story. See the ASX:NEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nine Entertainment is the largest media conglomerate in Australia. It operates Nine Network, a free-to-air TV network across five capital cities, as well as in a number of regional areas. It owns 9Now, a leading broadcast video on demand, or BVOD, business. Its publishing unit is the second-largest newspaper group in Australia with key mastheads such as Australian Financial Review, Sydney Morning Herald, and The Age. Nine also operates a leading domestic-owned subscription video on demand, or SVOD, business in Australia called Stan, and a talk-based radio network. In March 2026, Nine completed the purchase of outdoor advertising entity QMS Media for AUD 850 million.
61GF Score
Get the complete analysis for ASX:NEC
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:NEC has been successfully added to your 
