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QinetiQ GroupCHIX:QQL -1.19%78 EV-to-OCF is 12.12 as of Aug. 27, 2026, which is 14% above its 10-year median of 10.66. GuruFocus rates CHIX:QQL with a GF Score™ of 78/100 and a GF Value™ of £4.68 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 358 Aerospace & Defense companies, QinetiQ Group ranks better than 52.79% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, QinetiQ Group's Enterprise Value is £2,811 Mil.
QinetiQ Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £232 Mil. Therefore, QinetiQ Group's EV-to-OCF for today is 12.12.
The historical rank and industry rank for QinetiQ Group's EV-to-OCF or its related term are showing as below:
CHIX:QQl'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.72 Med: 10.66 Max: 16.64
Current: 12.3
During the past 13 years, the highest EV-to-OCF of QinetiQ Group was 16.64. The lowest was 6.72. And the median was 10.66.
CHIX:QQl's EV-to-OCF is ranked better than 52.79% of 358
companies
in the Aerospace & Defense industry
Industry Median: 14.105
vs CHIX:QQl: 12.30
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.
QinetiQ Group's PE Ratio (TTM) for today is calculated as:
QinetiQ Group's share price for today is £5.195.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. QinetiQ Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was £0.198.
* 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.
QinetiQ Group EV-to-OCF Related Terms
QinetiQ Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for QinetiQ Group'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 Aerospace & Defense subindustry, QinetiQ Group'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.
QinetiQ Group EV-to-OCF vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, QinetiQ Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where QinetiQ Group's EV-to-OCF falls into.
QinetiQ Group's current Enterprise Value is £2,811 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. QinetiQ Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was £232 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.
QinetiQ Group (CHIX:QQL) has a EV-to-OCF of 12.12 as of Aug. 27, 2026. This is 14% above median its historical median of 10.66. Over the past decade, QinetiQ Group's EV-to-OCF has ranged from 6.72 to 16.64. According to the industry distribution chart, QinetiQ Group ranks #169 out of 358 companies in the Aerospace & Defense industry, placing it in the top 47.2%.
Is QinetiQ Group's EV-to-OCF too high?
QinetiQ Group's current EV-to-OCF of 12.12 is 14% above median its 10-year median of 10.66. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 16.64. The Aerospace & Defense industry median EV-to-OCF is 14.11. QinetiQ Group's value of 12.12 is 14.1% below this industry median. Based on the distribution chart, QinetiQ Group ranks #169 out of 358 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, QinetiQ Group has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does QinetiQ Group's EV-to-OCF compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, QinetiQ Group ranks #169 out of 358 companies for EV-to-OCF. This puts QinetiQ Group in the upper half of its industry. The industry median EV-to-OCF is 14.11. QinetiQ Group's value of 12.12 is 14.1% below this benchmark. Historically, QinetiQ Group's own EV-to-OCF has ranged from 6.72 to 16.64 over the past decade. While the company's 10-year median is 10.66 vs. the industry median of 14.11, QinetiQ Group 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 Aerospace & Defense company?
The median EV-to-OCF among Aerospace & Defense companies is 14.11, based on 358 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. QinetiQ Group's current EV-to-OCF of 12.12 is 14.1% 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 Aerospace & Defense industry, the median EV-to-OCF is 14.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QinetiQ Group's current EV-to-OCF is 12.12, which is 14% above median its own 10-year median of 10.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QinetiQ Group stock overvalued right now?
Based on GuruFocus' analysis, QinetiQ Group (CHIX:QQL) is currently considered Modestly Overvalued. The stock's GF Value™ is £4.68, compared to a current price of £5.20 — trading 11% above its estimated fair value. The current EV-to-OCF is 12.12, which is 14% above median its 10-year median of 10.66 and 14.1% below the Aerospace & Defense industry median of 14.11. QinetiQ Group's overall GF Score™ is 78/100 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 QinetiQ Group (CHIX:QQL), the current EV-to-OCF is 12.12 as of Aug. 27, 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 QinetiQ Group (CHIX:QQL) Overvalued in 2026?
Based on GuruFocus' analysis, QinetiQ Group stock appears to be overvalued.
The current stock price of £5.20 is trading 11% above its estimated GF Value™ of £4.68.
GuruFocus considers QinetiQ Group to be Modestly Overvalued.
Key valuation signals for CHIX:QQL:
EV-to-OCF: 12.12 (14% above median its 10-year median of 10.66)
GF Value™: £4.68 vs. price of £5.20 (11% above fair value)
Industry Position: 14.1% below the Aerospace & Defense median (#169 of 358)
No single metric tells the full story. See the CHIX:QQL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QinetiQ Group PLC is a company operating in the aerospace, defense, and security sectors. Its operating segments are EMEA Services, and Global Solutions. It generates majority of revenue from EMES Services. EMEA Services provides technical assurance, test and evaluation and training services, underpinned by long-term contracts. EMEA Services comprises business units which are not considered reportable segments as defined UK Defence, UK Intelligence and the Australia sector. Global Solutions combines all other business units not aggregated within EMEA Services. It has presence in United Kingdom (UK), United States of America (US), Australia, Home countries, Europe, and Rest of world of which majority of revenue comes from Home countries.
78GF Score
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