EC (Ecopetrol) EV-to-OCF: 10.44 (As of Jul. 23, 2026) — 50% Above Median

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EC Ecopetrol SA EC
65 GF Score
Price $16.69
GF Value $11.17
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Ecopetrol EV-to-OCF?

Ecopetrol EC +0.97% 65 EV-to-OCF is 10.44 as of Jul. 23, 2026, which is 50% above its 10-year median of 6.97. GuruFocus rates EC with a GF Score™ of 65/100 and a GF Value™ of $11.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,016 Oil & Gas companies, Ecopetrol ranks worse than 63.48% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ecopetrol's Enterprise Value is $72,797 Mil. Ecopetrol's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $6,972 Mil. Therefore, Ecopetrol's EV-to-OCF for today is 10.44.

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

EC' s EV-to-OCF Range Over the Past 10 Years
Min: 1.81   Med: 6.97   Max: 41.93
Current: 8.57

During the past 13 years, the highest EV-to-OCF of Ecopetrol was 41.93. The lowest was 1.81. And the median was 6.97.

EC's EV-to-OCF is ranked worse than
63.48% of 1016 companies
in the Oil & Gas industry
Industry Median: 5.915 vs EC: 8.57

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 (2026-07-23), Ecopetrol's stock price is $16.69. Ecopetrol's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.117. Therefore, Ecopetrol's PE Ratio (TTM) for today is 14.94.


Ecopetrol  (NYSE:EC) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=16.69/1.117
=14.94

Ecopetrol's share price for today is $16.69.
Ecopetrol's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.117.

* 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.


Ecopetrol EV-to-OCF Related Terms


Ecopetrol EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Ecopetrol'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.

Ecopetrol EV-to-OCF Chart

Ecopetrol 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 9.44 6.29 10.81 4.47 6.03

Ecopetrol Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.18 6.45 7.17 6.03 4.23

EC vs XOM, CVX: EV-to-OCF Comparison

For the Oil & Gas Integrated subindustry, Ecopetrol'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.


Ecopetrol EV-to-OCF vs Oil & Gas Industry

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

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


EC
65GF Score
Ecopetrol SA EC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ecopetrol EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=72796.843/6972.46
=10.44

Ecopetrol's current Enterprise Value is $72,797 Mil.
Ecopetrol's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,972 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 10.44 mean?
Ecopetrol (EC) has a EV-to-OCF of 10.44 as of Jul. 23, 2026. This is 50% above median its historical median of 6.97. Over the past decade, Ecopetrol's EV-to-OCF has ranged from 1.81 to 41.93. According to the industry distribution chart, Ecopetrol ranks #645 out of 1016 companies in the Oil & Gas industry, placing it in the top 63.5%.
Is Ecopetrol's EV-to-OCF too high?
Ecopetrol's current EV-to-OCF of 10.44 is 50% above median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 1.81 to a high of 41.93. The Oil & Gas industry median EV-to-OCF is 5.92. Ecopetrol's value of 10.44 is 76.5% above this industry median. Based on the distribution chart, Ecopetrol ranks #645 out of 1016 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Ecopetrol has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ecopetrol's EV-to-OCF compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Ecopetrol ranks #645 out of 1016 companies for EV-to-OCF. This places Ecopetrol in the lower half of its industry. The industry median EV-to-OCF is 5.92. Ecopetrol's value of 10.44 is 76.5% above this benchmark. Historically, Ecopetrol's own EV-to-OCF has ranged from 1.81 to 41.93 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 5.92, Ecopetrol 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 5.92, based on 1,016 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. Ecopetrol's current EV-to-OCF of 10.44 is 76.5% 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 5.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ecopetrol's current EV-to-OCF is 10.44, which is 50% above median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ecopetrol stock overvalued right now?
Based on GuruFocus' analysis, Ecopetrol (EC) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.17, compared to a current price of $16.69 — trading 49.4% above its estimated fair value. The current EV-to-OCF is 10.44, which is 50% above median its 10-year median of 6.97 and 76.5% above the Oil & Gas industry median of 5.92. Ecopetrol's overall GF Score™ is 65/100 with 7 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 Ecopetrol (EC), the current EV-to-OCF is 10.44 as of Jul. 23, 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 Ecopetrol (EC) Overvalued in 2026?

Based on GuruFocus' analysis, Ecopetrol stock appears to be overvalued. The current stock price of $16.69 is trading 49.4% above its estimated GF Value™ of $11.17. GuruFocus considers Ecopetrol to be Significantly Overvalued.

Key valuation signals for EC:

  • EV-to-OCF: 10.44 (50% above median its 10-year median of 6.97)
  • GF Value™: $11.17 vs. price of $16.69 (49.4% above fair value)
  • GF Score™: 65/100 with 7 warning signs
  • Industry Position: 76.5% above the Oil & Gas median (#645 of 1016)

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


Ecopetrol Business Description

Industry EnergyOil & Gas
Address Carrera 13 No. 36 - 24, Main Building, Bogota, COL
Ecopetrol SA is engaged in commercial and industrial activities related to the exploration, exploitation, refining, transportation, storage, distribution, and marketing of hydrocarbons, their derivatives, and products, as well as the electric power transmission services, design, development, construction, operation, and maintenance of road and energy infrastructure projects and the provision of information technology and telecommunications services. The operations of the company are performed through four business segments: Exploration and Production, Transport and Logistics, Refining and Petrochemical, and Electric Power Transmission and Toll Roads Concessions. The majority of the company's revenue is generated from the Exploration and Production segment.
65GF Score

Get the complete analysis for EC

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

$16.69
Price
$11.17
GF Value