CVI (CVR Energy) EV-to-OCF: 11.75 (As of Sep. 12, 2026) — 51% Above 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.

CVI CVR Energy Inc CVI
60 GF Score
Price $49.66
GF Value $28.26
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is CVR Energy EV-to-OCF?

CVR Energy CVI +2.18% 60 EV-to-OCF is 11.75 as of Sep. 12, 2026, which is 51% above its 10-year median of 7.76. GuruFocus rates CVI with a GF Score™ of 60/100 and a GF Value™ of $28.26 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,019 Oil & Gas companies, CVR Energy ranks worse than 74.09% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, CVR Energy's Enterprise Value is $6,273 Mil. CVR Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $534 Mil. Therefore, CVR Energy's EV-to-OCF for today is 11.75.

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

CVI' s EV-to-OCF Range Over the Past 10 Years
Min: 2.94   Med: 7.76   Max: 131.09
Current: 11.75

During the past 13 years, the highest EV-to-OCF of CVR Energy was 131.09. The lowest was 2.94. And the median was 7.76.

CVI's EV-to-OCF is ranked worse than
74.09% of 1019 companies
in the Oil & Gas industry
Industry Median: 5.84 vs CVI: 11.75

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 (2026-09-12), CVR Energy's stock price is $49.66. CVR Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $0.680. Therefore, CVR Energy's PE Ratio (TTM) for today is 73.03.


CVR Energy  (NYSE:CVI) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=49.66/0.680
=73.03

CVR Energy's share price for today is $49.66.
CVR Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.680.

* 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.


CVR Energy EV-to-OCF Related Terms


CVR Energy EV-to-OCF Historical Data

* Premium members only.

The historical data trend for CVR Energy'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.

CVR Energy EV-to-OCF Chart

CVR Energy 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 7.75 4.66 5.12 7.47 27.75

CVR Energy Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 32.92 20.89 27.75 12.08 7.58

CVI vs DK, PARR, IEP: EV-to-OCF Comparison

For the Oil & Gas Refining & Marketing subindustry, CVR Energy'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.


CVR Energy EV-to-OCF vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CVR Energy's EV-to-OCF distribution charts can be found below:

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


CVI
60GF Score
CVR Energy Inc CVI
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CVR Energy EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6273.350/534
=11.75

CVR Energy's current Enterprise Value is $6,273 Mil.
CVR Energy's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $534 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 11.75 mean?
CVR Energy (CVI) has a EV-to-OCF of 11.75 as of Sep. 12, 2026. This is 51% above median its historical median of 7.76. Over the past decade, CVR Energy's EV-to-OCF has ranged from 2.94 to 131.09. According to the industry distribution chart, CVR Energy ranks #755 out of 1019 companies in the Oil & Gas industry, placing it in the top 74.1%.
Is CVR Energy's EV-to-OCF too high?
CVR Energy's current EV-to-OCF of 11.75 is 51% above median its 10-year median of 7.76. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 131.09. The Oil & Gas industry median EV-to-OCF is 5.84. CVR Energy's value of 11.75 is 101.2% above this industry median. Based on the distribution chart, CVR Energy ranks #755 out of 1019 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, CVR Energy has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CVR Energy's EV-to-OCF compare to DK and PARR?
According to the Oil & Gas industry distribution chart, CVR Energy ranks #755 out of 1019 companies for EV-to-OCF. This places CVR Energy in the lower half of its industry. The industry median EV-to-OCF is 5.84. CVR Energy's value of 11.75 is 101.2% above this benchmark. Historically, CVR Energy's own EV-to-OCF has ranged from 2.94 to 131.09 over the past decade. While the company's 10-year median is 7.76 vs. the industry median of 5.84, CVR Energy has consistently been above 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.84, based on 1,019 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. CVR Energy's current EV-to-OCF of 11.75 is 101.2% 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 Oil & Gas industry, the median EV-to-OCF is 5.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVR Energy's current EV-to-OCF is 11.75, which is 51% above median its own 10-year median of 7.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVR Energy stock overvalued right now?
Based on GuruFocus' analysis, CVR Energy (CVI) is currently considered Significantly Overvalued. The stock's GF Value™ is $28.26, compared to a current price of $49.66 — trading 75.7% above its estimated fair value. The current EV-to-OCF is 11.75, which is 51% above median its 10-year median of 7.76 and 101.2% above the Oil & Gas industry median of 5.84. CVR Energy's overall GF Score™ is 60/100 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 CVR Energy (CVI), the current EV-to-OCF is 11.75 as of Sep. 12, 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 CVR Energy (CVI) Overvalued in 2026?

Based on GuruFocus' analysis, CVR Energy stock appears to be overvalued. The current stock price of $49.66 is trading 75.7% above its estimated GF Value™ of $28.26. GuruFocus considers CVR Energy to be Significantly Overvalued.

Key valuation signals for CVI:

  • EV-to-OCF: 11.75 (51% above median its 10-year median of 7.76)
  • GF Value™: $28.26 vs. price of $49.66 (75.7% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 101.2% above the Oil & Gas median (#755 of 1019)

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


CVR Energy Business Description

Industry EnergyOil & Gas
Other Exchanges 0HRR:UKFL9:Germany
Address 2277 Plaza Drive, Suite 500, Sugar Land, TX, USA, 77479
CVR Energy Inc is a holding company that engages in petroleum refining and nitrogen fertilizer manufacturing through its subsidiaries. Subsidiaries include several complex, full-coking crude oil refineries, along with a crude oil gathering system, pipelines, storage tanks, and marketing and supply. The company's refineries can process blends of a variety of crude oil ranging from heavy sour to light sweet crude oil. Crude oil for CVR's refineries is supplied through its wholly-owned gathering system and pipeline. From its refineries, CVR supplies products through tanker trucks directly to customers located in close geographic proximity and customers at throughput terminals. The company's customers include retailers, railroads, and farm cooperatives.
60GF Score

Get the complete analysis for CVI

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

$49.66
Price
$28.26
GF Value