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Transurban GroupASX:TCL +0.07%75 EV-to-OCF is 40.64 as of Aug. 02, 2026, which is 7% below its 10-year median of 43.76. GuruFocus rates ASX:TCL with a GF Score™ of 75/100 and a GF Value™ of A$13.49 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,785 Construction companies, Transurban Group ranks worse than 89.13% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Transurban Group's Enterprise Value is A$65,790 Mil.
Transurban Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,619 Mil. Therefore, Transurban Group's EV-to-OCF for today is 40.64.
The historical rank and industry rank for Transurban Group's EV-to-OCF or its related term are showing as below:
ASX:TCL'
s EV-to-OCF Range Over the Past 10 Years
Min: 34.68 Med: 43.76 Max: 62.39
Current: 40.77
During the past 13 years, the highest EV-to-OCF of Transurban Group was 62.39. The lowest was 34.68. And the median was 43.76.
ASX:TCL's EV-to-OCF is ranked worse than 89.13% of 1785
companies
in the Construction industry
Industry Median: 6.85
vs ASX:TCL: 40.77
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.
Transurban Group's PE Ratio (TTM) for today is calculated as:
Transurban Group's share price for today is A$14.81.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$0.154.
* 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.
Transurban Group EV-to-OCF Related Terms
Transurban Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Transurban Group'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 Infrastructure Operations subindustry, Transurban Group'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.
Transurban Group EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, Transurban Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Transurban Group's EV-to-OCF falls into.
Transurban Group's current Enterprise Value is A$65,790 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Transurban Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$1,619 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.
Transurban Group (ASX:TCL) has a EV-to-OCF of 40.64 as of Aug. 02, 2026. This is near median its historical median of 43.76. Over the past decade, Transurban Group's EV-to-OCF has ranged from 34.68 to 62.39. According to the industry distribution chart, Transurban Group ranks #1591 out of 1785 companies in the Construction industry, placing it in the top 89.1%.
Is Transurban Group's EV-to-OCF too high?
Transurban Group's current EV-to-OCF of 40.64 is near median its 10-year median of 43.76. Over the past 10 years, this metric has ranged from a low of 34.68 to a high of 62.39. The Construction industry median EV-to-OCF is 6.85. Transurban Group's value of 40.64 is 493.3% above this industry median. Based on the distribution chart, Transurban Group ranks #1591 out of 1785 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Transurban Group has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Transurban Group's EV-to-OCF compare to competitors?
According to the Construction industry distribution chart, Transurban Group ranks #1591 out of 1785 companies for EV-to-OCF. This places Transurban Group in the lower half of its industry. The industry median EV-to-OCF is 6.85. Transurban Group's value of 40.64 is 493.3% above this benchmark. Historically, Transurban Group's own EV-to-OCF has ranged from 34.68 to 62.39 over the past decade. While the company's 10-year median is 43.76 vs. the industry median of 6.85, Transurban Group 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 Construction company?
The median EV-to-OCF among Construction companies is 6.85, based on 1,785 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. Transurban Group's current EV-to-OCF of 40.64 is 493.3% 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 Construction industry, the median EV-to-OCF is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transurban Group's current EV-to-OCF is 40.64, which is near median its own 10-year median of 43.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transurban Group stock overvalued right now?
Based on GuruFocus' analysis, Transurban Group (ASX:TCL) is currently considered Fairly Valued. The stock's GF Value™ is A$13.49, compared to a current price of A$14.81 — trading 9.8% above its estimated fair value. The current EV-to-OCF is 40.64, which is near median its 10-year median of 43.76 and 493.3% above the Construction industry median of 6.85. Transurban Group's overall GF Score™ is 75/100 with 11 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 Transurban Group (ASX:TCL), the current EV-to-OCF is 40.64 as of Aug. 02, 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 Transurban Group (ASX:TCL) Overvalued in 2026?
Based on GuruFocus' analysis, Transurban Group stock appears to be overvalued.
The current stock price of A$14.81 is trading 9.8% above its estimated GF Value™ of A$13.49.
GuruFocus considers Transurban Group to be Fairly Valued.
Key valuation signals for ASX:TCL:
EV-to-OCF: 40.64 (near median its 10-year median of 43.76)
GF Value™: A$13.49 vs. price of A$14.81 (9.8% above fair value)
Industry Position: 493.3% above the Construction median (#1591 of 1785)
No single metric tells the full story. See the ASX:TCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA, and Montreal, Canada. The weighted average concession life across the portfolio is about 25 years. Australian assets contribute around 90% of proportional revenue.
75GF Score
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