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Tabcorp HoldingsASX:TAH -1.65%45 EV-to-OCF is 8.25 as of Aug. 21, 2026, which is 17% above its 10-year median of 7.05. GuruFocus rates ASX:TAH with a GF Score™ of 45/100 and a GF Value™ of A$0.82 (Fairly Valued). The stock has 6 warning signs investors should review. Among 855 Travel & Leisure companies, Tabcorp Holdings ranks better than 54.62% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Tabcorp Holdings's Enterprise Value is A$2,722 Mil.
Tabcorp Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$330 Mil. Therefore, Tabcorp Holdings's EV-to-OCF for today is 8.25.
The historical rank and industry rank for Tabcorp Holdings's EV-to-OCF or its related term are showing as below:
ASX:TAH'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.98 Med: 7.05 Max: 23.84
Current: 8.29
During the past 13 years, the highest EV-to-OCF of Tabcorp Holdings was 23.84. The lowest was 2.98. And the median was 7.05.
ASX:TAH's EV-to-OCF is ranked better than 54.62% of 855
companies
in the Travel & Leisure industry
Industry Median: 9.23
vs ASX:TAH: 8.29
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.
Tabcorp Holdings's PE Ratio (TTM) for today is calculated as:
Tabcorp Holdings's share price for today is A$0.895.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.015.
* 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.
Tabcorp Holdings EV-to-OCF Related Terms
Tabcorp Holdings EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Tabcorp Holdings'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 Gambling subindustry, Tabcorp 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.
Tabcorp Holdings EV-to-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tabcorp Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Tabcorp Holdings's EV-to-OCF falls into.
Tabcorp Holdings's current Enterprise Value is A$2,722 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tabcorp Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$330 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.
Tabcorp Holdings (ASX:TAH) has a EV-to-OCF of 8.25 as of Aug. 21, 2026. This is 17% above median its historical median of 7.05. Over the past decade, Tabcorp Holdings' EV-to-OCF has ranged from 2.98 to 23.84. According to the industry distribution chart, Tabcorp Holdings ranks #388 out of 855 companies in the Travel & Leisure industry, placing it in the top 45.4%.
Is Tabcorp Holdings' EV-to-OCF too high?
Tabcorp Holdings' current EV-to-OCF of 8.25 is 17% above median its 10-year median of 7.05. Over the past 10 years, this metric has ranged from a low of 2.98 to a high of 23.84. The Travel & Leisure industry median EV-to-OCF is 9.23. Tabcorp Holdings' value of 8.25 is 10.6% below this industry median. Based on the distribution chart, Tabcorp Holdings ranks #388 out of 855 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tabcorp Holdings has a GF Score™ of 45/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tabcorp Holdings' EV-to-OCF compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Tabcorp Holdings ranks #388 out of 855 companies for EV-to-OCF. This puts Tabcorp Holdings in the upper half of its industry. The industry median EV-to-OCF is 9.23. Tabcorp Holdings' value of 8.25 is 10.6% below this benchmark. Historically, Tabcorp Holdings' own EV-to-OCF has ranged from 2.98 to 23.84 over the past decade. While the company's 10-year median is 7.05 vs. the industry median of 9.23, Tabcorp Holdings 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 Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.23, based on 855 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. Tabcorp Holdings's current EV-to-OCF of 8.25 is 10.6% 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 Travel & Leisure industry, the median EV-to-OCF is 9.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tabcorp Holdings's current EV-to-OCF is 8.25, which is 17% above median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tabcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tabcorp Holdings (ASX:TAH) is currently considered Fairly Valued. The stock's GF Value™ is A$0.82, compared to a current price of A$0.90 — trading 9.1% above its estimated fair value. The current EV-to-OCF is 8.25, which is 17% above median its 10-year median of 7.05 and 10.6% below the Travel & Leisure industry median of 9.23. Tabcorp Holdings' overall GF Score™ is 45/100 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 Tabcorp Holdings (ASX:TAH), the current EV-to-OCF is 8.25 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 Tabcorp Holdings (ASX:TAH) Overvalued in 2026?
Based on GuruFocus' analysis, Tabcorp Holdings stock appears to be overvalued.
The current stock price of A$0.90 is trading 9.1% above its estimated GF Value™ of A$0.82.
GuruFocus considers Tabcorp Holdings to be Fairly Valued.
Key valuation signals for ASX:TAH:
EV-to-OCF: 8.25 (17% above median its 10-year median of 7.05)
GF Value™: A$0.82 vs. price of A$0.90 (9.1% above fair value)
Industry Position: 10.6% below the Travel & Leisure median (#388 of 855)
No single metric tells the full story. See the ASX:TAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tabcorp is essentially a pure-play Australian wagering operator, with exclusive rights to physical wagering at venues (pubs, clubs, and racecourses) and also a digital offering. Tabcorp operates through principally through two segments: wagering and media and gaming services. The firm conducts wagering activities under the TAB brand both online and physically in every Australian state and territory other than Western Australia, reaching 90% of the population through a network of retail venues. In addition, Integrity Services provides services to electronic gaming machine venues.
45GF Score
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