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KeyCorpFRA:KEY -2.43%63 EV-to-OCF is 17.54 as of Aug. 08, 2026, which is 9% above its 10-year median of 16.12. GuruFocus rates FRA:KEY with a GF Score™ of 63/100 and a GF Value™ of €17.53 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,498 Banks companies, KeyCorp ranks worse than 85.11% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, KeyCorp's Enterprise Value is €34,497 Mil.
KeyCorp's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €1,967 Mil. Therefore, KeyCorp's EV-to-OCF for today is 17.54.
The historical rank and industry rank for KeyCorp's EV-to-OCF or its related term are showing as below:
FRA:KEY'
s EV-to-OCF Range Over the Past 10 Years
Min: -1456.15 Med: 16.12 Max: 208.23
Current: 17.41
During the past 13 years, the highest EV-to-OCF of KeyCorp was 208.23. The lowest was -1456.15. And the median was 16.12.
FRA:KEY's EV-to-OCF is ranked worse than 85.11% of 1498
companies
in the Banks industry
Industry Median: 3.98
vs FRA:KEY: 17.41
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.
KeyCorp's share price for today is €19.44.
KeyCorp'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 €1.479.
* 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.
KeyCorp EV-to-OCF Related Terms
KeyCorp EV-to-OCF Historical Data
* Premium members only.
The historical data trend for KeyCorp'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 Banks - Regional subindustry, KeyCorp'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.
KeyCorp EV-to-OCF vs Banks Industry
For the Banks industry and Financial Services sector, KeyCorp's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where KeyCorp's EV-to-OCF falls into.
KeyCorp's current Enterprise Value is €34,497 Mil.
KeyCorp'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 €1,967 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.
KeyCorp (FRA:KEY) has a EV-to-OCF of 17.54 as of Aug. 08, 2026. This is near median its historical median of 16.12. According to the industry distribution chart, KeyCorp ranks #1275 out of 1498 companies in the Banks industry, placing it in the top 85.1%.
Is KeyCorp's EV-to-OCF too high?
KeyCorp's current EV-to-OCF of 17.54 is near median its 10-year median of 16.12. The Banks industry median EV-to-OCF is 3.98. KeyCorp's value of 17.54 is 340.7% above this industry median. Based on the distribution chart, KeyCorp ranks #1275 out of 1498 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, KeyCorp has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KeyCorp's EV-to-OCF compare to FCNCA and RF?
According to the Banks industry distribution chart, KeyCorp ranks #1275 out of 1498 companies for EV-to-OCF. This places KeyCorp in the lower half of its industry. The industry median EV-to-OCF is 3.98. KeyCorp's value of 17.54 is 340.7% above this benchmark. While the company's 10-year median is 16.12 vs. the industry median of 3.98, KeyCorp 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 Banks company?
The median EV-to-OCF among Banks companies is 3.98, based on 1,498 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. KeyCorp's current EV-to-OCF of 17.54 is 340.7% 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 Banks industry, the median EV-to-OCF is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KeyCorp's current EV-to-OCF is 17.54, which is near median its own 10-year median of 16.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KeyCorp stock overvalued right now?
Based on GuruFocus' analysis, KeyCorp (FRA:KEY) is currently considered Fairly Valued. The stock's GF Value™ is €17.53, compared to a current price of €19.44 — trading 10.9% above its estimated fair value. The current EV-to-OCF is 17.54, which is near median its 10-year median of 16.12 and 340.7% above the Banks industry median of 3.98. KeyCorp's overall GF Score™ is 63/100 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 KeyCorp (FRA:KEY), the current EV-to-OCF is 17.54 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 KeyCorp (FRA:KEY) Overvalued in 2026?
Based on GuruFocus' analysis, KeyCorp stock appears to be overvalued.
The current stock price of €19.44 is trading 10.9% above its estimated GF Value™ of €17.53.
GuruFocus considers KeyCorp to be Fairly Valued.
Key valuation signals for FRA:KEY:
EV-to-OCF: 17.54 (near median its 10-year median of 16.12)
GF Value™: €17.53 vs. price of €19.44 (10.9% above fair value)
Industry Position: 340.7% above the Banks median (#1275 of 1498)
No single metric tells the full story. See the FRA:KEY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
With assets of around $190 billion, Ohio-based KeyCorp's bank footprint spans 16 states, but it is predominantly concentrated in its three largest markets: Ohio, New York, and Washington. KeyCorp is primarily focused on serving middle-market commercial clients through a hybrid community/corporate bank model.
63GF Score
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