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.
Synlait MilkASX:SM1 33 EV-to-OCF is 134.72 as of Aug. 21, 2026, which is 1065% above its 10-year median of 11.56. GuruFocus rates ASX:SM1 with a GF Score™ of 33/100 and a GF Value™ of A$0.22 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,984 Consumer Packaged Goods companies, Synlait Milk ranks better than 97.13% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Synlait Milk's Enterprise Value is A$651 Mil.
Synlait Milk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was A$5 Mil. Therefore, Synlait Milk's EV-to-OCF for today is 134.72.
The historical rank and industry rank for Synlait Milk's EV-to-OCF or its related term are showing as below:
ASX:SM1'
s EV-to-OCF Range Over the Past 10 Years
Min: -128.8 Med: 11.56 Max: 80.48
Current: -128.8
During the past 13 years, the highest EV-to-OCF of Synlait Milk was 80.48. The lowest was -128.80. And the median was 11.56.
ASX:SM1's EV-to-OCF is ranked better than 97.13% of 1984
companies
in the Consumer Packaged Goods industry
Industry Median: 8.235
vs ASX:SM1: -128.80
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.
Synlait Milk's PE Ratio (TTM) for today is calculated as:
Synlait Milk's share price for today is A$0.32.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Synlait Milk's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was A$-0.192.
* 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.
Synlait Milk EV-to-OCF Related Terms
Synlait Milk EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Synlait Milk'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 Packaged Foods subindustry, Synlait Milk'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.
Synlait Milk EV-to-OCF vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Synlait Milk's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Synlait Milk's EV-to-OCF falls into.
Synlait Milk's current Enterprise Value is A$651 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Synlait Milk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was A$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.
Synlait Milk (ASX:SM1) has a EV-to-OCF of 134.72 as of Aug. 21, 2026. This is 1065% above median its historical median of 11.56. According to the industry distribution chart, Synlait Milk ranks #57 out of 1984 companies in the Consumer Packaged Goods industry, placing it in the top 2.9%.
Is Synlait Milk's EV-to-OCF too high?
Synlait Milk's current EV-to-OCF of 134.72 is 1065% above median its 10-year median of 11.56. The Consumer Packaged Goods industry median EV-to-OCF is 8.24. Synlait Milk's value of 134.72 is 1535.9% above this industry median. Based on the distribution chart, Synlait Milk ranks #57 out of 1984 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Synlait Milk has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Synlait Milk's EV-to-OCF compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Synlait Milk ranks #57 out of 1984 companies for EV-to-OCF. This places Synlait Milk in the top 3% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 8.24. Synlait Milk's value of 134.72 is 1535.9% above this benchmark. While the company's 10-year median is 11.56 vs. the industry median of 8.24, Synlait Milk 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 Consumer Packaged Goods company?
The median EV-to-OCF among Consumer Packaged Goods companies is 8.24, based on 1,984 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. Synlait Milk's current EV-to-OCF of 134.72 is 1535.9% 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 Consumer Packaged Goods industry, the median EV-to-OCF is 8.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Synlait Milk's current EV-to-OCF is 134.72, which is 1065% above median its own 10-year median of 11.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Synlait Milk stock overvalued right now?
Based on GuruFocus' analysis, Synlait Milk (ASX:SM1) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.22, compared to a current price of A$0.32 — trading 45.5% above its estimated fair value. The current EV-to-OCF is 134.72, which is 1065% above median its 10-year median of 11.56 and 1535.9% above the Consumer Packaged Goods industry median of 8.24. Synlait Milk's overall GF Score™ is 33/100 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 Synlait Milk (ASX:SM1), the current EV-to-OCF is 134.72 as of Aug. 21, 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 Synlait Milk (ASX:SM1) Overvalued in 2026?
Based on GuruFocus' analysis, Synlait Milk stock appears to be overvalued.
The current stock price of A$0.32 is trading 45.5% above its estimated GF Value™ of A$0.22.
GuruFocus considers Synlait Milk to be Significantly Overvalued.
Key valuation signals for ASX:SM1:
EV-to-OCF: 134.72 (1065% above median its 10-year median of 11.56)
GF Value™: A$0.22 vs. price of A$0.32 (45.5% above fair value)
Industry Position: 1535.9% above the Consumer Packaged Goods median (#57 of 1984)
No single metric tells the full story. See the ASX:SM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.
33GF Score
Get the complete analysis for ASX:SM1
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:SM1 has been successfully added to your 
