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.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Tourism Holdings's Enterprise Value is A$1,687.2 Mil.
Tourism Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$39.5 Mil. Therefore, Tourism Holdings's EV-to-OCF for today is 42.68.
The historical rank and industry rank for Tourism Holdings's EV-to-OCF or its related term are showing as below:
ASX:THL'
s EV-to-OCF Range Over the Past 10 Years
Min: -25.11 Med: -15.83 Max: 47.52
Current: 45.39
During the past 3 years, the highest EV-to-OCF of Tourism Holdings was 47.52. The lowest was -25.11. And the median was -15.83.
ASX:THL's EV-to-OCF is ranked worse than 90.6% of 1330
companies
in the Vehicles & Parts industry
Industry Median: 7.97
vs ASX:THL: 45.39
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.
Tourism Holdings's PE Ratio (TTM) for today is calculated as:
Tourism Holdings's share price for today is A$2.31.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tourism Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was A$-0.098.
* 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.
Tourism Holdings EV-to-OCF Related Terms
Tourism Holdings EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Tourism 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 Recreational Vehicles subindustry, Tourism 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.
Tourism Holdings EV-to-OCF vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tourism Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Tourism Holdings's EV-to-OCF falls into.
Tourism Holdings's current Enterprise Value is A$1,687.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Tourism Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was A$39.5 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.
Tourism Holdings (ASX:THL) has a EV-to-OCF of 42.68 as of Jul. 28, 2026. According to the industry distribution chart, Tourism Holdings ranks #1205 out of 1330 companies in the Vehicles & Parts industry, placing it in the top 90.6%.
Is Tourism Holdings' EV-to-OCF too high?
Tourism Holdings' current EV-to-OCF is 42.68. The Vehicles & Parts industry median EV-to-OCF is 7.97. Tourism Holdings' value of 42.68 is 435.5% above this industry median. Based on the distribution chart, Tourism Holdings ranks #1205 out of 1330 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Tourism Holdings has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Holdings' EV-to-OCF compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Tourism Holdings ranks #1205 out of 1330 companies for EV-to-OCF. This places Tourism Holdings in the lower half of its industry. The industry median EV-to-OCF is 7.97. Tourism Holdings' value of 42.68 is 435.5% above this benchmark. 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 Vehicles & Parts company?
The median EV-to-OCF among Vehicles & Parts companies is 7.97, based on 1,330 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. Tourism Holdings's current EV-to-OCF of 42.68 is 435.5% 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 Vehicles & Parts industry, the median EV-to-OCF is 7.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Holdings's current EV-to-OCF is 42.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tourism Holdings (ASX:THL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$1.80, compared to a current price of A$2.31 — trading 28.3% above its estimated fair value. The current EV-to-OCF is 42.68 and 435.5% above the Vehicles & Parts industry median of 7.97. Tourism Holdings' overall GF Score™ is 69/100 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 Tourism Holdings (ASX:THL), the current EV-to-OCF is 42.68 as of Jul. 28, 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 Tourism Holdings (ASX:THL) Overvalued in 2026?
Based on GuruFocus' analysis, Tourism Holdings stock appears to be overvalued.
The current stock price of A$2.31 is trading 28.3% above its estimated GF Value™ of A$1.80.
GuruFocus considers Tourism Holdings to be Modestly Overvalued.
Key valuation signals for ASX:THL:
EV-to-OCF: 42.68
GF Value™: A$1.80 vs. price of A$2.31 (28.3% above fair value)
Industry Position: 435.5% above the Vehicles & Parts median (#1205 of 1330)
No single metric tells the full story. See the ASX:THL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourism Holdings Ltd is a New Zealand-based company engaged in the design, manufacture, rental, and sale of motorhomes and other tourism-related activities. The company operates in the following segments namely New Zealand Rentals; Action Manufacturing; Tourism Group; Australia Rentals, sales and manufacturing; United States Rentals and corporate. It generates maximum revenue from Australia Rentals segment.
69GF Score
Get the complete analysis for ASX:THL
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:THL has been successfully added to your 
