Larsen & Toubro (FRA:LTO) EV-to-OCF: (As of Aug. 08, 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:LTO Larsen & Toubro Ltd FRA:LTO
92 GF Score
Price €35.80
GF Value €38.12
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Larsen & Toubro EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Larsen & Toubro's Enterprise Value is €55,464 Mil. Larsen & Toubro's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €0 Mil. Therefore, Larsen & Toubro's EV-to-OCF for today is .

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

FRA:LTO' s EV-to-OCF Range Over the Past 10 Years
Min: 36.43   Med: 0   Max: 36.43
Current: 36.43

During the past 13 years, the highest EV-to-OCF of Larsen & Toubro was 36.43. The lowest was 36.43. And the median was .

FRA:LTO's EV-to-OCF is ranked worse than
87.99% of 1790 companies
in the Construction industry
Industry Median: 6.875 vs FRA:LTO: 36.43

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), Larsen & Toubro's stock price is €35.80. Larsen & Toubro's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €1.132. Therefore, Larsen & Toubro's PE Ratio (TTM) for today is 31.63.


Larsen & Toubro  (FRA:LTO) 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.

Larsen & Toubro's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.80/1.132
=31.63

Larsen & Toubro's share price for today is €35.80.
Larsen & Toubro'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 €1.132.

* 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.


Larsen & Toubro EV-to-OCF Related Terms


Larsen & Toubro EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Larsen & Toubro'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.

Larsen & Toubro EV-to-OCF Chart

Larsen & Toubro 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 17.84 16.93 32.96 62.28 32.86

Larsen & Toubro 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 0.00 0.00 0.00 32.86 0.00

FRA:LTO vs PWR, FIX, EME: EV-to-OCF Comparison

For the Engineering & Construction subindustry, Larsen & Toubro'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.


Larsen & Toubro EV-to-OCF vs Construction Industry

For the Construction industry and Industrials sector, Larsen & Toubro's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Larsen & Toubro's EV-to-OCF falls into.


FRA:LTO
92GF Score
Larsen & Toubro Ltd FRA:LTO
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Larsen & Toubro EV-to-OCF Calculation

Larsen & Toubro's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=55464.406/0
=

Larsen & Toubro's current Enterprise Value is €55,464 Mil.
Larsen & Toubro'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 €0 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.

Is Larsen & Toubro (FRA:LTO) Overvalued in 2026?

Based on GuruFocus' analysis, Larsen & Toubro stock appears to be undervalued. The current stock price of €35.80 is trading 6.1% below its estimated GF Value™ of €38.12. GuruFocus considers Larsen & Toubro to be Fairly Valued.

Key valuation signals for FRA:LTO:

  • EV-to-OCF:
  • GF Value™: €38.12 vs. price of €35.80 (6.1% below fair value)
  • GF Score™: 92/100 with 4 warning signs

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


Larsen & Toubro Business Description

Address Norottarn Morarjee Marg, L&T House, Ballard Estate, Mumbai, MH, IND, 400001
Larsen & Toubro Ltd is engaged in core, high-impact sectors of the economy, and its integrated capabilities span the entire spectrum of design to delivery. The company's operating segments are: Infrastructure projects, Energy projects, Hi-Tech Manufacturing, and other segments. The majority of its revenue is generated from the Infrastructure projects segment, which comprises engineering and construction of buildings and factories, transportation infrastructure, heavy civil infrastructure, power transmission & distribution, renewables, water & effluent treatment, and minerals and metals. Geographically, the group generates maximum revenue from its operations in India.
92GF Score

Get the complete analysis for FRA:LTO

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

€35.80
Price
€38.12
GF Value