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GerdauFRA:GDUB 75 EV-to-OCF is 6.51 as of Aug. 08, 2026, which is 23% below its 10-year median of 8.47. GuruFocus rates FRA:GDUB with a GF Score™ of 75/100 and a GF Value™ of €3.39 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 635 Steel companies, Gerdau ranks better than 54.8% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Gerdau's Enterprise Value is €9,554 Mil.
Gerdau's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €1,467 Mil. Therefore, Gerdau's EV-to-OCF for today is 6.51.
The historical rank and industry rank for Gerdau's EV-to-OCF or its related term are showing as below:
FRA:GDUB'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.66 Med: 8.47 Max: 28.97
Current: 6.33
During the past 13 years, the highest EV-to-OCF of Gerdau was 28.97. The lowest was 2.66. And the median was 8.47.
FRA:GDUB's EV-to-OCF is ranked better than 54.8% of 635
companies
in the Steel industry
Industry Median: 7.57
vs FRA:GDUB: 6.33
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 (2026-08-08), Gerdau's stock price is €4.22.
Gerdau's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.192. Therefore, Gerdau's PE Ratio (TTM) for today is 21.98.
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.
Gerdau's share price for today is €4.22.
Gerdau'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 €0.192.
* 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.
Gerdau EV-to-OCF Related Terms
Gerdau EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Gerdau'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 Steel subindustry, Gerdau'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.
Gerdau EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, Gerdau's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Gerdau's EV-to-OCF falls into.
Gerdau's current Enterprise Value is €9,554 Mil.
Gerdau'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 €1,467 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.
Gerdau (FRA:GDUB) has a EV-to-OCF of 6.51 as of Aug. 08, 2026. This is 23% below median its historical median of 8.47. Over the past decade, Gerdau's EV-to-OCF has ranged from 2.66 to 28.97. According to the industry distribution chart, Gerdau ranks #287 out of 635 companies in the Steel industry, placing it in the top 45.2%.
Is Gerdau's EV-to-OCF too high?
Gerdau's current EV-to-OCF of 6.51 is 23% below median its 10-year median of 8.47. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 28.97. The Steel industry median EV-to-OCF is 7.57. Gerdau's value of 6.51 is 14% below this industry median. Based on the distribution chart, Gerdau ranks #287 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, Gerdau has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gerdau's EV-to-OCF compare to NUE and STLD?
According to the Steel industry distribution chart, Gerdau ranks #287 out of 635 companies for EV-to-OCF. This puts Gerdau in the upper half of its industry. The industry median EV-to-OCF is 7.57. Gerdau's value of 6.51 is 14% below this benchmark. Historically, Gerdau's own EV-to-OCF has ranged from 2.66 to 28.97 over the past decade. While the company's 10-year median is 8.47 vs. the industry median of 7.57, Gerdau has consistently been below 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 Steel company?
The median EV-to-OCF among Steel companies is 7.57, based on 635 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. Gerdau's current EV-to-OCF of 6.51 is 14% below 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 Steel industry, the median EV-to-OCF is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gerdau's current EV-to-OCF is 6.51, which is 23% below median its own 10-year median of 8.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Gerdau (FRA:GDUB) is currently considered Modestly Overvalued. The stock's GF Value™ is €3.39, compared to a current price of €4.22 — trading 24.5% above its estimated fair value. The current EV-to-OCF is 6.51, which is 23% below median its 10-year median of 8.47 and 14% below the Steel industry median of 7.57. Gerdau's overall GF Score™ is 75/100 with 10 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 Gerdau (FRA:GDUB), the current EV-to-OCF is 6.51 as of Aug. 08, 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 Gerdau (FRA:GDUB) Overvalued in 2026?
Based on GuruFocus' analysis, Gerdau stock appears to be overvalued.
The current stock price of €4.22 is trading 24.5% above its estimated GF Value™ of €3.39.
GuruFocus considers Gerdau to be Modestly Overvalued.
Key valuation signals for FRA:GDUB:
EV-to-OCF: 6.51 (23% below median its 10-year median of 8.47)
GF Value™: €3.39 vs. price of €4.22 (24.5% above fair value)
Industry Position: 14% below the Steel median (#287 of 635)
No single metric tells the full story. See the FRA:GDUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutors, mechanical construction bars, and reinforced steel locks. The company's geographical segment includes Brazil Segment; North America Segment; South America Segment as well as Special Steel Operations. It derives the majority of its revenue from the Brazil Operations segment, which includes the long, flat and special steel operations and the iron ore operation located in Brazil and joint ventures and associated companies located in Brazil.
75GF Score
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