Asahi Kasei (FRA:ASAA) EV-to-OCF: 10.10 (As of Aug. 05, 2026) — Near Median

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FRA:ASAA Asahi Kasei Corp FRA:ASAA
81 GF Score
Price €8.87
GF Value €6.43
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Asahi Kasei EV-to-OCF?

Asahi Kasei FRA:ASAA -3.78% 81 EV-to-OCF is 10.10 as of Aug. 05, 2026, which is 6% above its 10-year median of 9.52. GuruFocus rates FRA:ASAA with a GF Score™ of 81/100 and a GF Value™ of €6.43 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 569 Conglomerates companies, Asahi Kasei ranks worse than 58% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Asahi Kasei's Enterprise Value is €16,924 Mil. Asahi Kasei's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €1,676 Mil. Therefore, Asahi Kasei's EV-to-OCF for today is 10.10.

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

FRA:ASAA' s EV-to-OCF Range Over the Past 10 Years
Min: 6.36   Med: 9.52   Max: 30.2
Current: 10.83

During the past 13 years, the highest EV-to-OCF of Asahi Kasei was 30.20. The lowest was 6.36. And the median was 9.52.

FRA:ASAA's EV-to-OCF is ranked worse than
58% of 569 companies
in the Conglomerates industry
Industry Median: 8.57 vs FRA:ASAA: 10.83

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 (2026-08-05), Asahi Kasei's stock price is €8.866. Asahi Kasei's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.784. Therefore, Asahi Kasei's PE Ratio (TTM) for today is 11.31.


Asahi Kasei  (FRA:ASAA) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.866/0.784
=11.31

Asahi Kasei's share price for today is €8.866.
Asahi Kasei'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 €0.784.

* 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.


Asahi Kasei EV-to-OCF Related Terms


Asahi Kasei EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Asahi Kasei'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.

Asahi Kasei EV-to-OCF Chart

Asahi Kasei Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.12 22.49 7.45 7.56 9.10

Asahi Kasei 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 8.25 8.28 8.67 9.10 11.15

FRA:ASAA vs MMM, HON: EV-to-OCF Comparison

For the Conglomerates subindustry, Asahi Kasei'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.


Asahi Kasei EV-to-OCF vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asahi Kasei's EV-to-OCF distribution charts can be found below:

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


FRA:ASAA
81GF Score
Asahi Kasei Corp FRA:ASAA
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asahi Kasei EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=16923.602/1676.022
=10.10

Asahi Kasei's current Enterprise Value is €16,924 Mil.
Asahi Kasei'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 €1,676 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 10.10 mean?
Asahi Kasei (FRA:ASAA) has a EV-to-OCF of 10.10 as of Aug. 05, 2026. This is near median its historical median of 9.52. Over the past decade, Asahi Kasei's EV-to-OCF has ranged from 6.36 to 30.20. According to the industry distribution chart, Asahi Kasei ranks #330 out of 569 companies in the Conglomerates industry, placing it in the top 58%.
Is Asahi Kasei's EV-to-OCF too high?
Asahi Kasei's current EV-to-OCF of 10.10 is near median its 10-year median of 9.52. Over the past 10 years, this metric has ranged from a low of 6.36 to a high of 30.20. The Conglomerates industry median EV-to-OCF is 8.57. Asahi Kasei's value of 10.10 is 17.9% above this industry median. Based on the distribution chart, Asahi Kasei ranks #330 out of 569 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Asahi Kasei has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asahi Kasei's EV-to-OCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, Asahi Kasei ranks #330 out of 569 companies for EV-to-OCF. This places Asahi Kasei in the lower half of its industry. The industry median EV-to-OCF is 8.57. Asahi Kasei's value of 10.10 is 17.9% above this benchmark. Historically, Asahi Kasei's own EV-to-OCF has ranged from 6.36 to 30.20 over the past decade. While the company's 10-year median is 9.52 vs. the industry median of 8.57, Asahi Kasei 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 Conglomerates company?
The median EV-to-OCF among Conglomerates companies is 8.57, based on 569 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. Asahi Kasei's current EV-to-OCF of 10.10 is 17.9% 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 Conglomerates industry, the median EV-to-OCF is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asahi Kasei's current EV-to-OCF is 10.10, which is near median its own 10-year median of 9.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asahi Kasei stock overvalued right now?
Based on GuruFocus' analysis, Asahi Kasei (FRA:ASAA) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.43, compared to a current price of €8.87 — trading 37.9% above its estimated fair value. The current EV-to-OCF is 10.10, which is near median its 10-year median of 9.52 and 17.9% above the Conglomerates industry median of 8.57. Asahi Kasei's overall GF Score™ is 81/100 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 Asahi Kasei (FRA:ASAA), the current EV-to-OCF is 10.10 as of Aug. 05, 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 Asahi Kasei (FRA:ASAA) Overvalued in 2026?

Based on GuruFocus' analysis, Asahi Kasei stock appears to be overvalued. The current stock price of €8.87 is trading 37.9% above its estimated GF Value™ of €6.43. GuruFocus considers Asahi Kasei to be Significantly Overvalued.

Key valuation signals for FRA:ASAA:

  • EV-to-OCF: 10.10 (near median its 10-year median of 9.52)
  • GF Value™: €6.43 vs. price of €8.87 (37.9% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 17.9% above the Conglomerates median (#330 of 569)

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


Asahi Kasei Business Description

Address 1-1-2 Yurakucho, Chiyoda-ku, Tokyo, JPN, 100-0006
Asahi Kasei Corp is a Japanese industrial conglomerate mainly engaged in materials, housing, and healthcare businesses. The Health Care segment covers pharmaceuticals, healthcare, and critical care. The Housing segment includes housing and building materials businesses. The Material segment consists of environmental solutions, mobility & industry, AL business, and life innovation, such as digital solutions and comfort life. The Others segment includes plant and environmental engineering, research and information services, as well as staffing and placement businesses. It generates the majority of its revenue from the Material segment.
81GF Score

Get the complete analysis for FRA:ASAA

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

€8.87
Price
€6.43
GF Value