Carrefour (CHIX:CAP) EV-to-OCF: 5.78 (As of Jul. 28, 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.

CHIX:CAP Carrefour CHIX:CAP
71 GF Score
Price €15.74
GF Value €14.32
Valuation Fairly Valued
! 12 Warning Signs
View Full Analysis

What is Carrefour EV-to-OCF?

Carrefour CHIX:CAP 71 EV-to-OCF is 5.78 as of Jul. 28, 2026, which is 6% below its 10-year median of 6.17. GuruFocus rates CHIX:CAP with a GF Score™ of 71/100 and a GF Value™ of €14.32 (Fairly Valued). The stock has 12 warning signs investors should review. Among 313 Retail - Defensive companies, Carrefour ranks better than 61.34% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Carrefour's Enterprise Value is €22,873 Mil. Carrefour's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €3,958 Mil. Therefore, Carrefour's EV-to-OCF for today is 5.78.

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

CHIX:CAp' s EV-to-OCF Range Over the Past 10 Years
Min: 1.86   Med: 6.17   Max: 9.51
Current: 5.78

During the past 13 years, the highest EV-to-OCF of Carrefour was 9.51. The lowest was 1.86. And the median was 6.17.

CHIX:CAp's EV-to-OCF is ranked better than
61.34% of 313 companies
in the Retail - Defensive industry
Industry Median: 7.64 vs CHIX:CAp: 5.78

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 (2026-07-28), Carrefour's stock price is €15.735. Carrefour's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.120. Therefore, Carrefour's PE Ratio (TTM) for today is 14.05.


Carrefour  (CHIX:CAp) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=15.735/1.120
=14.05

Carrefour's share price for today is €15.735.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Carrefour's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.120.

* 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.


Carrefour EV-to-OCF Related Terms


Carrefour EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Carrefour'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.

Carrefour EV-to-OCF Chart

Carrefour 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 5.83 5.20 2.45 2.07 2.44

Carrefour Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 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 0.00 2.07 0.00 2.44 0.00

CHIX:CAP vs KR, SFM, ACI: EV-to-OCF Comparison

For the Grocery Stores subindustry, Carrefour'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.


Carrefour EV-to-OCF vs Retail - Defensive Industry

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

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


CHIX:CAP
71GF Score
Carrefour CHIX:CAP
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carrefour EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=22873.298/3958
=5.78

Carrefour's current Enterprise Value is €22,873 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Carrefour's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €3,958 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 5.78 mean?
Carrefour (CHIX:CAP) has a EV-to-OCF of 5.78 as of Jul. 28, 2026. This is near median its historical median of 6.17. Over the past decade, Carrefour's EV-to-OCF has ranged from 1.86 to 9.51. According to the industry distribution chart, Carrefour ranks #121 out of 313 companies in the Retail - Defensive industry, placing it in the top 38.7%.
Is Carrefour's EV-to-OCF too high?
Carrefour's current EV-to-OCF of 5.78 is near median its 10-year median of 6.17. Over the past 10 years, this metric has ranged from a low of 1.86 to a high of 9.51. The Retail - Defensive industry median EV-to-OCF is 7.64. Carrefour's value of 5.78 is 24.3% below this industry median. Based on the distribution chart, Carrefour ranks #121 out of 313 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Carrefour has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Carrefour's EV-to-OCF compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Carrefour ranks #121 out of 313 companies for EV-to-OCF. This puts Carrefour in the upper half of its industry. The industry median EV-to-OCF is 7.64. Carrefour's value of 5.78 is 24.3% below this benchmark. Historically, Carrefour's own EV-to-OCF has ranged from 1.86 to 9.51 over the past decade. While the company's 10-year median is 6.17 vs. the industry median of 7.64, Carrefour 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 a Retail - Defensive company?
The median EV-to-OCF among Retail - Defensive companies is 7.64, 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. Carrefour's current EV-to-OCF of 5.78 is 24.3% 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 Retail - Defensive industry, the median EV-to-OCF is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carrefour's current EV-to-OCF is 5.78, which is near median its own 10-year median of 6.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carrefour stock overvalued right now?
Based on GuruFocus' analysis, Carrefour (CHIX:CAP) is currently considered Fairly Valued. The stock's GF Value™ is €14.32, compared to a current price of €15.74 — trading 9.9% above its estimated fair value. The current EV-to-OCF is 5.78, which is near median its 10-year median of 6.17 and 24.3% below the Retail - Defensive industry median of 7.64. Carrefour's overall GF Score™ is 71/100 with 12 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 Carrefour (CHIX:CAP), the current EV-to-OCF is 5.78 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 Carrefour (CHIX:CAP) Overvalued in 2026?

Based on GuruFocus' analysis, Carrefour stock appears to be overvalued. The current stock price of €15.74 is trading 9.9% above its estimated GF Value™ of €14.32. GuruFocus considers Carrefour to be Fairly Valued.

Key valuation signals for CHIX:CAP:

  • EV-to-OCF: 5.78 (near median its 10-year median of 6.17)
  • GF Value™: €14.32 vs. price of €15.74 (9.9% above fair value)
  • GF Score™: 71/100 with 12 warning signs
  • Industry Position: 24.3% below the Retail - Defensive median (#121 of 313)

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


Carrefour Business Description

Address 93, Avenue de Paris, Massy Cedex, Paris, FRA, 91300
Founded in 1959, Carrefour is a multiformat retailer with operations in over 40 countries. Approximately 75% of sales stem from Europe and the rest from Latin America. In France, where Carrefour generates nearly 50% of its total revenue, the firm has a grocery market share of 22%, behind market leader E.Leclerc (24%), according to Kantar. Carrefour operates over 15,000 stores in hypermarket, supermarket, convenience store, and discount store formats. In 2024, Carrefour completed the acquisition of the Cora and Match banners from Louis Delhaize group for an enterprise value of EUR 1.05 billion.
71GF Score

Get the complete analysis for CHIX:CAP

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

€15.74
Price
€14.32
GF Value