Linde Bangladesh (DHA:LINDEBD) EV-to-OCF: 15.89 (As of Sep. 10, 2026) — 29% Below Median

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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.
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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.

DHA:LINDEBD Linde Bangladesh Ltd DHA:LINDEBD
73 GF Score
Price BDT680.00
GF Value BDT895.27
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Linde Bangladesh EV-to-OCF?

Linde Bangladesh DHA:LINDEBD -0.45% 73 EV-to-OCF is 15.89 as of Sep. 10, 2026, which is 29% below its 10-year median of 22.31. GuruFocus rates DHA:LINDEBD with a GF Score™ of 73/100 and a GF Value™ of BDT895.27 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,616 Chemicals companies, Linde Bangladesh ranks worse than 61.63% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Linde Bangladesh's Enterprise Value is BDT9,138 Mil. Linde Bangladesh's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was BDT575 Mil. Therefore, Linde Bangladesh's EV-to-OCF for today is 15.89.

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

DHA:LINDEBD' s EV-to-OCF Range Over the Past 10 Years
Min: -76.45   Med: 22.31   Max: 580.66
Current: 16.22

During the past 13 years, the highest EV-to-OCF of Linde Bangladesh was 580.66. The lowest was -76.45. And the median was 22.31.

DHA:LINDEBD's EV-to-OCF is ranked worse than
61.63% of 1616 companies
in the Chemicals industry
Industry Median: 11.55 vs DHA:LINDEBD: 16.22

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 (2026-09-10), Linde Bangladesh's stock price is BDT680.00. Linde Bangladesh's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was BDT23.057. Therefore, Linde Bangladesh's PE Ratio (TTM) for today is 29.49.


Linde Bangladesh  (DHA:LINDEBD) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=680.00/23.057
=29.49

Linde Bangladesh's share price for today is BDT680.00.
Linde Bangladesh'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 BDT23.057.

* 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.


Linde Bangladesh EV-to-OCF Related Terms


Linde Bangladesh EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Linde Bangladesh'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.

Linde Bangladesh EV-to-OCF Chart

Linde Bangladesh 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 17.24 33.07 34.53 37.98 28.08

Linde Bangladesh 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 56.00 42.36 28.08 27.73 16.82

DHA:LINDEBD vs LIN, SHW, ECL: EV-to-OCF Comparison

For the Specialty Chemicals subindustry, Linde Bangladesh'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.


Linde Bangladesh EV-to-OCF vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Linde Bangladesh's EV-to-OCF distribution charts can be found below:

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


DHA:LINDEBD
73GF Score
Linde Bangladesh Ltd DHA:LINDEBD
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Linde Bangladesh EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=9137.728/575.005
=15.89

Linde Bangladesh's current Enterprise Value is BDT9,138 Mil.
Linde Bangladesh'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 BDT575 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 15.89 mean?
Linde Bangladesh (DHA:LINDEBD) has a EV-to-OCF of 15.89 as of Sep. 10, 2026. This is 29% below median its historical median of 22.31. According to the industry distribution chart, Linde Bangladesh ranks #996 out of 1616 companies in the Chemicals industry, placing it in the top 61.6%.
Is Linde Bangladesh's EV-to-OCF too high?
Linde Bangladesh's current EV-to-OCF of 15.89 is 29% below median its 10-year median of 22.31. The Chemicals industry median EV-to-OCF is 11.55. Linde Bangladesh's value of 15.89 is 37.6% above this industry median. Based on the distribution chart, Linde Bangladesh ranks #996 out of 1616 companies in the Chemicals industry, which is below the industry midpoint. Overall, Linde Bangladesh has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Linde Bangladesh's EV-to-OCF compare to LIN and SHW?
According to the Chemicals industry distribution chart, Linde Bangladesh ranks #996 out of 1616 companies for EV-to-OCF. This places Linde Bangladesh in the lower half of its industry. The industry median EV-to-OCF is 11.55. Linde Bangladesh's value of 15.89 is 37.6% above this benchmark. While the company's 10-year median is 22.31 vs. the industry median of 11.55, Linde Bangladesh 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 a Chemicals company?
The median EV-to-OCF among Chemicals companies is 11.55, based on 1,616 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. Linde Bangladesh's current EV-to-OCF of 15.89 is 37.6% 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 Chemicals industry, the median EV-to-OCF is 11.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Linde Bangladesh's current EV-to-OCF is 15.89, which is 29% below median its own 10-year median of 22.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Linde Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, Linde Bangladesh (DHA:LINDEBD) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT895.27, compared to a current price of BDT680.00 — trading 24% below its estimated fair value. The current EV-to-OCF is 15.89, which is 29% below median its 10-year median of 22.31 and 37.6% above the Chemicals industry median of 11.55. Linde Bangladesh's overall GF Score™ is 73/100 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 Linde Bangladesh (DHA:LINDEBD), the current EV-to-OCF is 15.89 as of Sep. 10, 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 Linde Bangladesh (DHA:LINDEBD) Overvalued in 2026?

Based on GuruFocus' analysis, Linde Bangladesh stock appears to be undervalued. The current stock price of BDT680.00 is trading 24% below its estimated GF Value™ of BDT895.27. GuruFocus considers Linde Bangladesh to be Modestly Undervalued.

Key valuation signals for DHA:LINDEBD:

  • EV-to-OCF: 15.89 (29% below median its 10-year median of 22.31)
  • GF Value™: BDT895.27 vs. price of BDT680.00 (24% below fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 37.6% above the Chemicals median (#996 of 1616)

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


Linde Bangladesh Business Description

Address 285 Tejgaon Industrial Area, Dhaka, BGD, 1208
Linde Bangladesh Ltd is a multinational industrial and medical gases company. The company provides products and services within a specific economic environment and supplies customers across a wide spectrum of industries ranging from chemicals and petrochemicals to steel. It operates 2 Air Separation Units (ASUs), 2 carbon dioxide manufacturing plants, and a DA manufacturing plant in the country. It serves various end markets such as chemicals and energy, food, beverage, electronics, healthcare, manufacturing, metals, defense, infrastructure, aerospace, and institutions. Its segments include Bulk Gases; Packaged Gas and Products; and the Healthcare business, which generates maximum revenue and comprises various medical gases, medical equipment, and medical pipelines.
73GF Score

Get the complete analysis for DHA:LINDEBD

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

BDT680.00
Price
BDT895.27
GF Value