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DiscoveryDCYHF 53 EV-to-OCF is 23.47 as of Sep. 22, 2026, which is 0% above its 10-year median of 23.39. GuruFocus rates DCYHF with a GF Score™ of 53/100 and a GF Value™ of $9.57 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 499 Insurance companies, Discovery ranks worse than 88.18% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Discovery's Enterprise Value is $10,873 Mil.
Discovery's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $463 Mil. Therefore, Discovery's EV-to-OCF for today is 23.47.
The historical rank and industry rank for Discovery's EV-to-OCF or its related term are showing as below:
DCYHF'
s EV-to-OCF Range Over the Past 10 Years
Min: -147.46 Med: 23.39 Max: 86.16
Current: 25.05
During the past 13 years, the highest EV-to-OCF of Discovery was 86.16. The lowest was -147.46. And the median was 23.39.
DCYHF's EV-to-OCF is ranked worse than 88.18% of 499
companies
in the Insurance industry
Industry Median: 6.29
vs DCYHF: 25.05
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.
Discovery's share price for today is $15.525.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Discovery's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.145.
* 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.
Discovery EV-to-OCF Related Terms
Discovery EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Discovery'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 Insurance - Life subindustry, Discovery'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.
Discovery EV-to-OCF vs Insurance Industry
For the Insurance industry and Financial Services sector, Discovery's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Discovery's EV-to-OCF falls into.
Discovery's current Enterprise Value is $10,873 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Discovery's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $463 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.
Discovery (DCYHF) has a EV-to-OCF of 23.47 as of Sep. 22, 2026. This is near median its historical median of 23.39. According to the industry distribution chart, Discovery ranks #440 out of 499 companies in the Insurance industry, placing it in the top 88.2%.
Is Discovery's EV-to-OCF too high?
Discovery's current EV-to-OCF of 23.47 is near median its 10-year median of 23.39. The Insurance industry median EV-to-OCF is 6.29. Discovery's value of 23.47 is 273.1% above this industry median. Based on the distribution chart, Discovery ranks #440 out of 499 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Discovery has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Discovery's EV-to-OCF compare to MET and AFL?
According to the Insurance industry distribution chart, Discovery ranks #440 out of 499 companies for EV-to-OCF. This places Discovery in the lower half of its industry. The industry median EV-to-OCF is 6.29. Discovery's value of 23.47 is 273.1% above this benchmark. While the company's 10-year median is 23.39 vs. the industry median of 6.29, Discovery 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 Insurance company?
The median EV-to-OCF among Insurance companies is 6.29, based on 499 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. Discovery's current EV-to-OCF of 23.47 is 273.1% 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 Insurance industry, the median EV-to-OCF is 6.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery's current EV-to-OCF is 23.47, which is near median its own 10-year median of 23.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery stock overvalued right now?
Based on GuruFocus' analysis, Discovery (DCYHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.57, compared to a current price of $15.53 — trading 62.2% above its estimated fair value. The current EV-to-OCF is 23.47, which is near median its 10-year median of 23.39 and 273.1% above the Insurance industry median of 6.29. Discovery's overall GF Score™ is 53/100 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 Discovery (DCYHF), the current EV-to-OCF is 23.47 as of Sep. 22, 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 Discovery (DCYHF) Overvalued in 2026?
Based on GuruFocus' analysis, Discovery stock appears to be overvalued.
The current stock price of $15.53 is trading 62.2% above its estimated GF Value™ of $9.57.
GuruFocus considers Discovery to be Significantly Overvalued.
Key valuation signals for DCYHF:
EV-to-OCF: 23.47 (near median its 10-year median of 23.39)
GF Value™: $9.57 vs. price of $15.53 (62.2% above fair value)
Industry Position: 273.1% above the Insurance median (#440 of 499)
No single metric tells the full story. See the DCYHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Discovery Ltd is a South African financial services group built around a shared-value model that rewards policyholders for healthy behaviour. Its operations span health insurance through Discovery Health, the administrator of medical schemes; life and short-term insurance; long-term savings and investments under Discovery Invest; and Discovery Bank, a digital retail bank. The group also offers wellness and vitality programmes, most notably Vitality, which links lifestyle behaviour to insurance and banking benefits. Its primary markets are South Africa and the United Kingdom, where it operates Discovery Health and VitalityHealth among other businesses, with additional interests in markets such as the United States, China, Singapore and Australia. Revenue comes mainly from insurance premiums, administration and service fees, banking income, and investment returns, with the majority generated in South Africa.
53GF Score
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