BTX (BlackRock Technology and Private Equity Term Trust) EV-to-OCF: 1.29 (As of Sep. 06, 2026) — 76% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

BTX BlackRock Technology and Private Equity Term Trust BTX
50 GF Score
Price $8.94
GF Value $137.66
Valuation Significantly Undervalued
! 4 Warning Signs
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What is BlackRock Technology and Private Equity Term Trust EV-to-OCF?

BlackRock Technology and Private Equity Term Trust BTX +1.36% 50 EV-to-OCF is 1.29 as of Sep. 06, 2026, which is 76% below its 10-year median of 5.29. GuruFocus rates BTX with a GF Score™ of 50/100 and a GF Value™ of $137.66 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,496 Asset Management companies, BlackRock Technology and Private Equity Term Trust ranks better than 58.69% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, BlackRock Technology and Private Equity Term Trust's Enterprise Value is $1,042.4 Mil. BlackRock Technology and Private Equity Term Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $808.4 Mil. Therefore, BlackRock Technology and Private Equity Term Trust's EV-to-OCF for today is 1.29.

The historical rank and industry rank for BlackRock Technology and Private Equity Term Trust's EV-to-OCF or its related term are showing as below:

BTX' s EV-to-OCF Range Over the Past 10 Years
Min: -0.78   Med: 5.29   Max: 8.13
Current: 1.29

During the past 5 years, the highest EV-to-OCF of BlackRock Technology and Private Equity Term Trust was 8.13. The lowest was -0.78. And the median was 5.29.

BTX's EV-to-OCF is ranked better than
58.69% of 1496 companies
in the Asset Management industry
Industry Median: 5.565 vs BTX: 1.29

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.

As of today (2026-09-06), BlackRock Technology and Private Equity Term Trust's stock price is $8.94. BlackRock Technology and Private Equity Term Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.807. Therefore, BlackRock Technology and Private Equity Term Trust's PE Ratio (TTM) for today is 2.35.


BlackRock Technology and Private Equity Term Trust  (NYSE:BTX) 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.

BlackRock Technology and Private Equity Term Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.94/3.807
=2.35

BlackRock Technology and Private Equity Term Trust's share price for today is $8.94.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRock Technology and Private Equity Term Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $3.807.

* 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.


BlackRock Technology and Private Equity Term Trust EV-to-OCF Related Terms


BlackRock Technology and Private Equity Term Trust EV-to-OCF Historical Data

* Premium members only.

The historical data trend for BlackRock Technology and Private Equity Term Trust'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.

BlackRock Technology and Private Equity Term Trust EV-to-OCF Chart

BlackRock Technology and Private Equity Term Trust Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
-0.75 5.04 7.60 5.73 0.88

BlackRock Technology and Private Equity Term Trust Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 5.73 0.00 0.88 0.00

BTX vs CHY, BMEZ, CHI: EV-to-OCF Comparison

For the Asset Management subindustry, BlackRock Technology and Private Equity Term Trust'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.


BlackRock Technology and Private Equity Term Trust EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Technology and Private Equity Term Trust's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where BlackRock Technology and Private Equity Term Trust's EV-to-OCF falls into.


BTX
50GF Score
BlackRock Technology and Private Equity Term Trust BTX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BlackRock Technology and Private Equity Term Trust EV-to-OCF Calculation

BlackRock Technology and Private Equity Term Trust's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1042.394/808.394
=1.29

BlackRock Technology and Private Equity Term Trust's current Enterprise Value is $1,042.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BlackRock Technology and Private Equity Term Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $808.4 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 1.29 mean?
BlackRock Technology and Private Equity Term Trust (BTX) has a EV-to-OCF of 1.29 as of Sep. 06, 2026. This is 76% below median its historical median of 5.29. According to the industry distribution chart, BlackRock Technology and Private Equity Term Trust ranks #618 out of 1496 companies in the Asset Management industry, placing it in the top 41.3%.
Is BlackRock Technology and Private Equity Term Trust's EV-to-OCF too high?
BlackRock Technology and Private Equity Term Trust's current EV-to-OCF of 1.29 is 76% below median its 10-year median of 5.29. The Asset Management industry median EV-to-OCF is 5.57. BlackRock Technology and Private Equity Term Trust's value of 1.29 is 76.8% below this industry median. Based on the distribution chart, BlackRock Technology and Private Equity Term Trust ranks #618 out of 1496 companies in the Asset Management industry, which is above the industry midpoint. Overall, BlackRock Technology and Private Equity Term Trust has a GF Score™ of 50/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does BlackRock Technology and Private Equity Term Trust's EV-to-OCF compare to CHY and BMEZ?
According to the Asset Management industry distribution chart, BlackRock Technology and Private Equity Term Trust ranks #618 out of 1496 companies for EV-to-OCF. This puts BlackRock Technology and Private Equity Term Trust in the upper half of its industry. The industry median EV-to-OCF is 5.57. BlackRock Technology and Private Equity Term Trust's value of 1.29 is 76.8% below this benchmark. While the company's 10-year median is 5.29 vs. the industry median of 5.57, BlackRock Technology and Private Equity Term Trust 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.57, based on 1,496 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. BlackRock Technology and Private Equity Term Trust's current EV-to-OCF of 1.29 is 76.8% 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 Asset Management industry, the median EV-to-OCF is 5.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackRock Technology and Private Equity Term Trust's current EV-to-OCF is 1.29, which is 76% below median its own 10-year median of 5.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Technology and Private Equity Term Trust stock overvalued right now?
Based on GuruFocus' analysis, BlackRock Technology and Private Equity Term Trust (BTX) is currently considered Significantly Undervalued. The stock's GF Value™ is $137.66, compared to a current price of $8.94 — trading 93.5% below its estimated fair value. The current EV-to-OCF is 1.29, which is 76% below median its 10-year median of 5.29 and 76.8% below the Asset Management industry median of 5.57. BlackRock Technology and Private Equity Term Trust's overall GF Score™ is 50/100 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 BlackRock Technology and Private Equity Term Trust (BTX), the current EV-to-OCF is 1.29 as of Sep. 06, 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 BlackRock Technology and Private Equity Term Trust (BTX) Overvalued in 2026?

Based on GuruFocus' analysis, BlackRock Technology and Private Equity Term Trust stock appears to be undervalued. The current stock price of $8.94 is trading 93.5% below its estimated GF Value™ of $137.66. GuruFocus considers BlackRock Technology and Private Equity Term Trust to be Significantly Undervalued.

Key valuation signals for BTX:

  • EV-to-OCF: 1.29 (76% below median its 10-year median of 5.29)
  • GF Value™: $137.66 vs. price of $8.94 (93.5% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 76.8% below the Asset Management median (#618 of 1496)

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


BlackRock Technology and Private Equity Term Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Technology and Private Equity Term Trust is a closed-end management investment company. Its investment objectives are to provide total return and income through long-term capital appreciation.
50GF Score

Get the complete analysis for BTX

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

$8.94
Price
$137.66
GF Value