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Johnson MattheyCHIX:JMATL +0.63%62 EV-to-OCF is 8.79 as of Jul. 26, 2026, which is 14% below its 10-year median of 10.27. GuruFocus rates CHIX:JMATL with a GF Score™ of 62/100 and a GF Value™ of £12.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,607 Chemicals companies, Johnson Matthey ranks better than 55.82% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Johnson Matthey's Enterprise Value is £4,085 Mil.
Johnson Matthey's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £465 Mil. Therefore, Johnson Matthey's EV-to-OCF for today is 8.79.
The historical rank and industry rank for Johnson Matthey's EV-to-OCF or its related term are showing as below:
CHIX:JMATl'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.43 Med: 10.27 Max: 22.44
Current: 8.79
During the past 13 years, the highest EV-to-OCF of Johnson Matthey was 22.44. The lowest was 5.43. And the median was 10.27.
CHIX:JMATl's EV-to-OCF is ranked better than 55.82% of 1607
companies
in the Chemicals industry
Industry Median: 10.24
vs CHIX:JMATl: 8.79
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.
Johnson Matthey (CHIX:JMATl) 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.
Johnson Matthey's PE Ratio (TTM) for today is calculated as:
Johnson Matthey's share price for today is £19.09.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Johnson Matthey's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £-0.572.
* 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.
Johnson Matthey EV-to-OCF Related Terms
Johnson Matthey EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Johnson Matthey'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 Specialty Chemicals subindustry, Johnson Matthey'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.
Johnson Matthey EV-to-OCF vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Johnson Matthey's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Johnson Matthey's EV-to-OCF falls into.
Johnson Matthey's current Enterprise Value is £4,085 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Johnson Matthey's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £465 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.
Johnson Matthey (CHIX:JMATL) has a EV-to-OCF of 8.79 as of Jul. 26, 2026. This is 14% below median its historical median of 10.27. Over the past decade, Johnson Matthey's EV-to-OCF has ranged from 5.43 to 22.44. According to the industry distribution chart, Johnson Matthey ranks #710 out of 1607 companies in the Chemicals industry, placing it in the top 44.2%.
Is Johnson Matthey's EV-to-OCF too high?
Johnson Matthey's current EV-to-OCF of 8.79 is 14% below median its 10-year median of 10.27. Over the past 10 years, this metric has ranged from a low of 5.43 to a high of 22.44. The Chemicals industry median EV-to-OCF is 10.24. Johnson Matthey's value of 8.79 is 14.2% below this industry median. Based on the distribution chart, Johnson Matthey ranks #710 out of 1607 companies in the Chemicals industry, which is above the industry midpoint. Overall, Johnson Matthey has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Johnson Matthey's EV-to-OCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, Johnson Matthey ranks #710 out of 1607 companies for EV-to-OCF. This puts Johnson Matthey in the upper half of its industry. The industry median EV-to-OCF is 10.24. Johnson Matthey's value of 8.79 is 14.2% below this benchmark. Historically, Johnson Matthey's own EV-to-OCF has ranged from 5.43 to 22.44 over the past decade. While the company's 10-year median is 10.27 vs. the industry median of 10.24, Johnson Matthey 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 Chemicals company?
The median EV-to-OCF among Chemicals companies is 10.24, based on 1,607 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. Johnson Matthey's current EV-to-OCF of 8.79 is 14.2% 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 Chemicals industry, the median EV-to-OCF is 10.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Johnson Matthey's current EV-to-OCF is 8.79, which is 14% below median its own 10-year median of 10.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Johnson Matthey stock overvalued right now?
Based on GuruFocus' analysis, Johnson Matthey (CHIX:JMATL) is currently considered Significantly Overvalued. The stock's GF Value™ is £12.57, compared to a current price of £19.09 — trading 51.9% above its estimated fair value. The current EV-to-OCF is 8.79, which is 14% below median its 10-year median of 10.27 and 14.2% below the Chemicals industry median of 10.24. Johnson Matthey's overall GF Score™ is 62/100 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 Johnson Matthey (CHIX:JMATL), the current EV-to-OCF is 8.79 as of Jul. 26, 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 Johnson Matthey (CHIX:JMATL) Overvalued in 2026?
Based on GuruFocus' analysis, Johnson Matthey stock appears to be overvalued.
The current stock price of £19.09 is trading 51.9% above its estimated GF Value™ of £12.57.
GuruFocus considers Johnson Matthey to be Significantly Overvalued.
Key valuation signals for CHIX:JMATL:
EV-to-OCF: 8.79 (14% below median its 10-year median of 10.27)
GF Value™: £12.57 vs. price of £19.09 (51.9% above fair value)
Industry Position: 14.2% below the Chemicals median (#710 of 1607)
No single metric tells the full story. See the CHIX:JMATL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Johnson Matthey PLC is a platinum group metals (PGMs) company. It uses metal chemistry, catalysis, and process engineering and provides technology and expertise to energy, chemicals, and automotive companies to decarbonise, reduce harmful emissions, and improve sustainability. Its segments include Clean Air, PGM Services, Catalyst Technologies, Hydrogen Technologies and Value Businesses. The company generates maximum revenue from the PGM Services segment, which enables the energy transition through providing circular solutions as demand for scarce critical materials increases, provides a strategic service to the group supporting the other segments with security of metal supply, and manufactures value-added PGM products. The company derives key revenue from the United Kingdom.
62GF Score
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