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.
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.
Next 15 GroupFRA:8LS +1.02%74 EV-to-OCF is 7.96 as of Aug. 15, 2026, which is 33% below its 10-year median of 11.93. GuruFocus rates FRA:8LS with a GF Score™ of 74/100 and a GF Value™ of €3.96 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,019 Media - Diversified companies, Next 15 Group ranks worse than 60.35% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Next 15 Group's Enterprise Value is €466.3 Mil.
Next 15 Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was €58.6 Mil. Therefore, Next 15 Group's EV-to-OCF for today is 7.96.
The historical rank and industry rank for Next 15 Group's EV-to-OCF or its related term are showing as below:
FRA:8LS'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.02 Med: 11.93 Max: 20.15
Current: 7.84
During the past 13 years, the highest EV-to-OCF of Next 15 Group was 20.15. The lowest was 4.02. And the median was 11.93.
FRA:8LS's EV-to-OCF is ranked worse than 60.35% of 1019
companies
in the Media - Diversified industry
Industry Median: 4.69
vs FRA:8LS: 7.84
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.
Next 15 Group's PE Ratio (TTM) for today is calculated as:
Next 15 Group's share price for today is €3.98.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Next 15 Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2026 was €-0.345.
* 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.
Next 15 Group EV-to-OCF Related Terms
Next 15 Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Next 15 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 Advertising Agencies subindustry, Next 15 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.
Next 15 Group EV-to-OCF vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Next 15 Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Next 15 Group's EV-to-OCF falls into.
Next 15 Group's current Enterprise Value is €466.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Next 15 Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was €58.6 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.
Next 15 Group (FRA:8LS) has a EV-to-OCF of 7.96 as of Aug. 15, 2026. This is 33% below median its historical median of 11.93. Over the past decade, Next 15 Group's EV-to-OCF has ranged from 4.02 to 20.15. According to the industry distribution chart, Next 15 Group ranks #615 out of 1019 companies in the Media - Diversified industry, placing it in the top 60.4%.
Is Next 15 Group's EV-to-OCF too high?
Next 15 Group's current EV-to-OCF of 7.96 is 33% below median its 10-year median of 11.93. Over the past 10 years, this metric has ranged from a low of 4.02 to a high of 20.15. The Media - Diversified industry median EV-to-OCF is 4.69. Next 15 Group's value of 7.96 is 69.7% above this industry median. Based on the distribution chart, Next 15 Group ranks #615 out of 1019 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Next 15 Group has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Next 15 Group's EV-to-OCF compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Next 15 Group ranks #615 out of 1019 companies for EV-to-OCF. This places Next 15 Group in the lower half of its industry. The industry median EV-to-OCF is 4.69. Next 15 Group's value of 7.96 is 69.7% above this benchmark. Historically, Next 15 Group's own EV-to-OCF has ranged from 4.02 to 20.15 over the past decade. While the company's 10-year median is 11.93 vs. the industry median of 4.69, Next 15 Group 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 Media - Diversified company?
The median EV-to-OCF among Media - Diversified companies is 4.69, 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. Next 15 Group's current EV-to-OCF of 7.96 is 69.7% 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 Media - Diversified industry, the median EV-to-OCF is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Next 15 Group's current EV-to-OCF is 7.96, which is 33% below median its own 10-year median of 11.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next 15 Group stock overvalued right now?
Based on GuruFocus' analysis, Next 15 Group (FRA:8LS) is currently considered Fairly Valued. The stock's GF Value™ is €3.96, compared to a current price of €3.98 — trading 0.5% above its estimated fair value. The current EV-to-OCF is 7.96, which is 33% below median its 10-year median of 11.93 and 69.7% above the Media - Diversified industry median of 4.69. Next 15 Group's overall GF Score™ is 74/100 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 Next 15 Group (FRA:8LS), the current EV-to-OCF is 7.96 as of Aug. 15, 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 Next 15 Group (FRA:8LS) Overvalued in 2026?
Based on GuruFocus' analysis, Next 15 Group stock appears to be overvalued.
The current stock price of €3.98 is trading 0.5% above its estimated GF Value™ of €3.96.
GuruFocus considers Next 15 Group to be Fairly Valued.
Key valuation signals for FRA:8LS:
EV-to-OCF: 7.96 (33% below median its 10-year median of 11.93)
GF Value™: €3.96 vs. price of €3.98 (0.5% above fair value)
Industry Position: 69.7% above the Media - Diversified median (#615 of 1019)
No single metric tells the full story. See the FRA:8LS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next 15 Group PLC is a digital marketing company in the United Kingdom. The company segments include Retail Media; Data & Research; Digital Transformation, Marketing & Communications, and Creative Services . It generates maximum of its revenue from the Marketing & Communications segment.
74GF Score
Get the complete analysis for FRA:8LS
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:8LS has been successfully added to your 
