Oaktree Specialty Lending (FRA:FFC) EV-to-OCF: 23.71 (As of Aug. 09, 2026) — 123% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

FRA:FFC Oaktree Specialty Lending Corp FRA:FFC
52 GF Score
Price €10.98
GF Value €10.91
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Oaktree Specialty Lending EV-to-OCF?

Oaktree Specialty Lending FRA:FFC +5.78% 52 EV-to-OCF is 23.71 as of Aug. 09, 2026, which is 123% above its 10-year median of 10.65. GuruFocus rates FRA:FFC with a GF Score™ of 52/100 and a GF Value™ of €10.91 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,501 Asset Management companies, Oaktree Specialty Lending ranks worse than 79.55% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Oaktree Specialty Lending's Enterprise Value is €2,202.17 Mil. Oaktree Specialty Lending's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €92.88 Mil. Therefore, Oaktree Specialty Lending's EV-to-OCF for today is 23.71.

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

FRA:FFC' s EV-to-OCF Range Over the Past 10 Years
Min: -85.03   Med: 10.65   Max: 2763.11
Current: 23.95

During the past 13 years, the highest EV-to-OCF of Oaktree Specialty Lending was 2763.11. The lowest was -85.03. And the median was 10.65.

FRA:FFC's EV-to-OCF is ranked worse than
79.55% of 1501 companies
in the Asset Management industry
Industry Median: 5.95 vs FRA:FFC: 23.95

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 (2026-08-09), Oaktree Specialty Lending's stock price is €10.98. Oaktree Specialty Lending's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.412. Therefore, Oaktree Specialty Lending's PE Ratio (TTM) for today is 26.65.


Oaktree Specialty Lending  (FRA:FFC) 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.

Oaktree Specialty Lending's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.98/0.412
=26.65

Oaktree Specialty Lending's share price for today is €10.98.
Oaktree Specialty Lending'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 €0.412.

* 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.


Oaktree Specialty Lending EV-to-OCF Related Terms


Oaktree Specialty Lending EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Oaktree Specialty Lending'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.

Oaktree Specialty Lending EV-to-OCF Chart

Oaktree Specialty Lending Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.90 106.17 13.19 152.87 11.20

Oaktree Specialty Lending 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 7.97 11.20 2,747.59 34.83 23.09

FRA:FFC vs CHY, ETW, CHI: EV-to-OCF Comparison

For the Asset Management subindustry, Oaktree Specialty Lending'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.


Oaktree Specialty Lending EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Oaktree Specialty Lending's EV-to-OCF distribution charts can be found below:

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


FRA:FFC
52GF Score
Oaktree Specialty Lending Corp FRA:FFC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Oaktree Specialty Lending EV-to-OCF Calculation

Oaktree Specialty Lending's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2202.173/92.875
=23.71

Oaktree Specialty Lending's current Enterprise Value is €2,202.17 Mil.
Oaktree Specialty Lending'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 €92.88 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 23.71 mean?
Oaktree Specialty Lending (FRA:FFC) has a EV-to-OCF of 23.71 as of Aug. 09, 2026. This is 123% above median its historical median of 10.65. According to the industry distribution chart, Oaktree Specialty Lending ranks #1194 out of 1501 companies in the Asset Management industry, placing it in the top 79.5%.
Is Oaktree Specialty Lending's EV-to-OCF too high?
Oaktree Specialty Lending's current EV-to-OCF of 23.71 is 123% above median its 10-year median of 10.65. The Asset Management industry median EV-to-OCF is 5.95. Oaktree Specialty Lending's value of 23.71 is 298.5% above this industry median. Based on the distribution chart, Oaktree Specialty Lending ranks #1194 out of 1501 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Oaktree Specialty Lending has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Oaktree Specialty Lending's EV-to-OCF compare to CHY and ETW?
According to the Asset Management industry distribution chart, Oaktree Specialty Lending ranks #1194 out of 1501 companies for EV-to-OCF. This places Oaktree Specialty Lending in the lower half of its industry. The industry median EV-to-OCF is 5.95. Oaktree Specialty Lending's value of 23.71 is 298.5% above this benchmark. While the company's 10-year median is 10.65 vs. the industry median of 5.95, Oaktree Specialty Lending 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 Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.95, based on 1,501 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. Oaktree Specialty Lending's current EV-to-OCF of 23.71 is 298.5% 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 Asset Management industry, the median EV-to-OCF is 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oaktree Specialty Lending's current EV-to-OCF is 23.71, which is 123% above median its own 10-year median of 10.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oaktree Specialty Lending stock overvalued right now?
Based on GuruFocus' analysis, Oaktree Specialty Lending (FRA:FFC) is currently considered Fairly Valued. The stock's GF Value™ is €10.91, compared to a current price of €10.98 — trading 0.6% above its estimated fair value. The current EV-to-OCF is 23.71, which is 123% above median its 10-year median of 10.65 and 298.5% above the Asset Management industry median of 5.95. Oaktree Specialty Lending's overall GF Score™ is 52/100 with 5 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 Oaktree Specialty Lending (FRA:FFC), the current EV-to-OCF is 23.71 as of Aug. 09, 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 Oaktree Specialty Lending (FRA:FFC) Overvalued in 2026?

Based on GuruFocus' analysis, Oaktree Specialty Lending stock appears to be overvalued. The current stock price of €10.98 is trading 0.6% above its estimated GF Value™ of €10.91. GuruFocus considers Oaktree Specialty Lending to be Fairly Valued.

Key valuation signals for FRA:FFC:

  • EV-to-OCF: 23.71 (123% above median its 10-year median of 10.65)
  • GF Value™: €10.91 vs. price of €10.98 (0.6% above fair value)
  • GF Score™: 52/100 with 5 warning signs
  • Industry Position: 298.5% above the Asset Management median (#1194 of 1501)

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


Oaktree Specialty Lending Business Description

Other Exchanges OCSL:USA
Address 333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Specialty Lending Corp is a specialty finance company. The company provides lending services and invests in small and mid-sized companies. The company's investment objective is to maximize its portfolio's total return by generating current income from debt investments, and to a lesser extent, capital appreciation from equity investments. The company provides customized, one-stop credit solutions to companies with limited access to public or syndicated capital markets. The company operates as a single reportable segment and derives revenues from investing in originated loans and other securities, including broadly syndicated loans, of U.S. private companies and manages the business on a consolidated basis.
52GF Score

Get the complete analysis for FRA:FFC

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

€10.98
Price
€10.91
GF Value