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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, BH Macro's Enterprise Value is £1,332.9 Mil.
BH Macro's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £102.6 Mil. Therefore, BH Macro's EV-to-OCF for today is 13.00.
The historical rank and industry rank for BH Macro's EV-to-OCF or its related term are showing as below:
CHIX:BHMGl'
s EV-to-OCF Range Over the Past 10 Years
Min: -172.27 Med: -1.47 Max: 134.57
Current: 13
During the past 13 years, the highest EV-to-OCF of BH Macro was 134.57. The lowest was -172.27. And the median was -1.47.
CHIX:BHMGl's EV-to-OCF is ranked worse than 66.16% of 1507
companies
in the Asset Management industry
Industry Median: 5.88
vs CHIX:BHMGl: 13.00
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.
BH Macro's share price for today is £3.735.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BH Macro's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £0.309.
* 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.
BH Macro EV-to-OCF Related Terms
BH Macro EV-to-OCF Historical Data
* Premium members only.
The historical data trend for BH Macro'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 Asset Management subindustry, BH Macro'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.
BH Macro EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, BH Macro's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where BH Macro's EV-to-OCF falls into.
BH Macro's current Enterprise Value is £1,332.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. BH Macro's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £102.6 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.
BH Macro (CHIX:BHMGL) has a EV-to-OCF of 13.00 as of Aug. 19, 2026. According to the industry distribution chart, BH Macro ranks #997 out of 1507 companies in the Asset Management industry, placing it in the top 66.2%.
Is BH Macro's EV-to-OCF too high?
BH Macro's current EV-to-OCF is 13.00. The Asset Management industry median EV-to-OCF is 5.88. BH Macro's value of 13.00 is 121.1% above this industry median. Based on the distribution chart, BH Macro ranks #997 out of 1507 companies in the Asset Management industry, which is below the industry midpoint. Overall, BH Macro has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does BH Macro's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, BH Macro ranks #997 out of 1507 companies for EV-to-OCF. This places BH Macro in the lower half of its industry. The industry median EV-to-OCF is 5.88. BH Macro's value of 13.00 is 121.1% 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.88, based on 1,507 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. BH Macro's current EV-to-OCF of 13.00 is 121.1% 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 Asset Management industry, the median EV-to-OCF is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BH Macro's current EV-to-OCF is 13.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BH Macro stock overvalued right now?
BH Macro (CHIX:BHMGL) has a current EV-to-OCF of 13.00. The stock's GF Value™ is £6.95, compared to a current price of £3.74 — trading 46.3% below its estimated fair value. The current EV-to-OCF is 13.00 and 121.1% above the Asset Management industry median of 5.88. BH Macro's overall GF Score™ is 61/100 with 3 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 BH Macro (CHIX:BHMGL), the current EV-to-OCF is 13.00 as of Aug. 19, 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 BH Macro (CHIX:BHMGL) Overvalued in 2026?
Based on GuruFocus' analysis, BH Macro stock appears to be undervalued.
The current stock price of £3.74 is trading 46.3% below its estimated GF Value™ of £6.95.
Key valuation signals for CHIX:BHMGL:
EV-to-OCF: 13.00
GF Value™: £6.95 vs. price of £3.74 (46.3% below fair value)
Industry Position: 121.1% above the Asset Management median (#997 of 1507)
No single metric tells the full story. See the CHIX:BHMGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BH Macro Ltd is a closed-ended investment company. Its investment objective is to generate long-term growth through active leveraged trading on a world-wide basis. As per the investment policy of the company it invests all of its assets in the master fund. The master fund is managed by company's investment manager. The master fund has the flexibility to invest in instruments such as debt securities, obligations, bank loans, listed and unlisted equities, other collective investment schemes, currencies, commodities, futures, options warrants, swaps, and other derivative instruments.
61GF Score
Get the complete analysis for CHIX:BHMGL
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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