AXFOF (Axfood AB) EV-to-OCF: 11.26 (As of Aug. 09, 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

AXFOF Axfood AB AXFOF
86 GF Score
Price $24.94
GF Value $32.27
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Axfood AB EV-to-OCF?

Axfood AB AXFOF 86 EV-to-OCF is 11.26 as of Aug. 09, 2026, which is 9% below its 10-year median of 12.41. GuruFocus rates AXFOF with a GF Score™ of 86/100 and a GF Value™ of $32.27 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 313 Retail - Defensive companies, Axfood AB ranks worse than 67.73% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Axfood AB's Enterprise Value is $7,100 Mil. Axfood AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $631 Mil. Therefore, Axfood AB's EV-to-OCF for today is 11.26.

The historical rank and industry rank for Axfood AB's EV-to-OCF or its related term are showing as below:

AXFOF' s EV-to-OCF Range Over the Past 10 Years
Min: 9.21   Med: 12.41   Max: 17.65
Current: 11.45

During the past 13 years, the highest EV-to-OCF of Axfood AB was 17.65. The lowest was 9.21. And the median was 12.41.

AXFOF's EV-to-OCF is ranked worse than
67.73% of 313 companies
in the Retail - Defensive industry
Industry Median: 7.46 vs AXFOF: 11.45

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.

As of today (2026-08-09), Axfood AB's stock price is $24.94. Axfood AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.197. Therefore, Axfood AB's PE Ratio (TTM) for today is 20.84.


Axfood AB  (OTCPK:AXFOF) 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.

Axfood AB's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=24.94/1.197
=20.84

Axfood AB's share price for today is $24.94.
Axfood AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.197.

* 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.


Axfood AB EV-to-OCF Related Terms


Axfood AB EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Axfood AB'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.

Axfood AB EV-to-OCF Chart

Axfood AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.50 11.93 11.76 11.98 11.45

Axfood AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.53 12.34 11.45 12.93 12.10

AXFOF vs KR, SFM: EV-to-OCF Comparison

For the Grocery Stores subindustry, Axfood AB'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.


Axfood AB EV-to-OCF vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Axfood AB's EV-to-OCF falls into.


AXFOF
86GF Score
Axfood AB AXFOF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Axfood AB EV-to-OCF Calculation

Axfood AB's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=7100.114/630.689
=11.26

Axfood AB's current Enterprise Value is $7,100 Mil.
Axfood AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $631 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of 11.26 mean?
Axfood AB (AXFOF) has a EV-to-OCF of 11.26 as of Aug. 09, 2026. This is near median its historical median of 12.41. Over the past decade, Axfood AB's EV-to-OCF has ranged from 9.21 to 17.65. According to the industry distribution chart, Axfood AB ranks #212 out of 313 companies in the Retail - Defensive industry, placing it in the top 67.7%.
Is Axfood AB's EV-to-OCF too high?
Axfood AB's current EV-to-OCF of 11.26 is near median its 10-year median of 12.41. Over the past 10 years, this metric has ranged from a low of 9.21 to a high of 17.65. The Retail - Defensive industry median EV-to-OCF is 7.46. Axfood AB's value of 11.26 is 50.9% above this industry median. Based on the distribution chart, Axfood AB ranks #212 out of 313 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Axfood AB has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Axfood AB's EV-to-OCF compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Axfood AB ranks #212 out of 313 companies for EV-to-OCF. This places Axfood AB in the lower half of its industry. The industry median EV-to-OCF is 7.46. Axfood AB's value of 11.26 is 50.9% above this benchmark. Historically, Axfood AB's own EV-to-OCF has ranged from 9.21 to 17.65 over the past decade. While the company's 10-year median is 12.41 vs. the industry median of 7.46, Axfood AB 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 Retail - Defensive company?
The median EV-to-OCF among Retail - Defensive companies is 7.46, based on 313 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. Axfood AB's current EV-to-OCF of 11.26 is 50.9% 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 Retail - Defensive industry, the median EV-to-OCF is 7.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Axfood AB's current EV-to-OCF is 11.26, which is near median its own 10-year median of 12.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Axfood AB stock overvalued right now?
Based on GuruFocus' analysis, Axfood AB (AXFOF) is currently considered Modestly Undervalued. The stock's GF Value™ is $32.27, compared to a current price of $24.94 — trading 22.7% below its estimated fair value. The current EV-to-OCF is 11.26, which is near median its 10-year median of 12.41 and 50.9% above the Retail - Defensive industry median of 7.46. Axfood AB's overall GF Score™ is 86/100 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 Axfood AB (AXFOF), the current EV-to-OCF is 11.26 as of Aug. 09, 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 Axfood AB (AXFOF) Overvalued in 2026?

Based on GuruFocus' analysis, Axfood AB stock appears to be undervalued. The current stock price of $24.94 is trading 22.7% below its estimated GF Value™ of $32.27. GuruFocus considers Axfood AB to be Modestly Undervalued.

Key valuation signals for AXFOF:

  • EV-to-OCF: 11.26 (near median its 10-year median of 12.41)
  • GF Value™: $32.27 vs. price of $24.94 (22.7% below fair value)
  • GF Score™: 86/100 with 6 warning signs
  • Industry Position: 50.9% above the Retail - Defensive median (#212 of 313)

No single metric tells the full story. See the AXFOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Axfood AB Business Description

Other Exchanges AXFO:SwedenAXFOs:UK0R6R:UK
Address Solnavagen 4, Stockholm, SWE, 113 65
Axfood AB operates food retail and wholesale businesses in Sweden. The company operates various food retail grocery chains, discount stores, hypermarkets, restaurants, cafes, and pharmacies through different brands. The company's operating segments include Willys, Hemkop, Dagab, City Gross, and Snabbgross. A majority of its revenue is generated from the Willys segment, which is a discount grocery chain, offering various products in both group-owned stores and online. This segment also includes the partly owned cross-border grocery chain Eurocash.
86GF Score

Get the complete analysis for AXFOF

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.94
Price
$32.27
GF Value