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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Golub Capital BDC's Enterprise Value is €6,874.9 Mil.
Golub Capital BDC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €790.3 Mil. Therefore, Golub Capital BDC's EV-to-OCF for today is 8.70.
The historical rank and industry rank for Golub Capital BDC's EV-to-OCF or its related term are showing as below:
FRA:OGL'
s EV-to-OCF Range Over the Past 10 Years
Min: -915.12 Med: -6.28 Max: 96.39
Current: 8.63
During the past 13 years, the highest EV-to-OCF of Golub Capital BDC was 96.39. The lowest was -915.12. And the median was -6.28.
FRA:OGL's EV-to-OCF is ranked worse than 56.03% of 1501
companies
in the Asset Management industry
Industry Median: 5.95
vs FRA:OGL: 8.63
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.
Golub Capital BDC's PE Ratio (TTM) for today is calculated as:
Golub Capital BDC's share price for today is €11.455.
Golub Capital BDC'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 €0.555.
* 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.
Golub Capital BDC EV-to-OCF Related Terms
Golub Capital BDC EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Golub Capital BDC'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 Asset Management subindustry, Golub Capital BDC'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.
Golub Capital BDC EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Golub Capital BDC's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Golub Capital BDC's EV-to-OCF falls into.
Golub Capital BDC's current Enterprise Value is €6,874.9 Mil.
Golub Capital BDC'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 €790.3 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.
Golub Capital BDC (FRA:OGL) has a EV-to-OCF of 8.70 as of Aug. 09, 2026. According to the industry distribution chart, Golub Capital BDC ranks #841 out of 1501 companies in the Asset Management industry, placing it in the top 56%.
Is Golub Capital BDC's EV-to-OCF too high?
Golub Capital BDC's current EV-to-OCF is 8.70. The Asset Management industry median EV-to-OCF is 5.95. Golub Capital BDC's value of 8.70 is 46.2% above this industry median. Based on the distribution chart, Golub Capital BDC ranks #841 out of 1501 companies in the Asset Management industry, which is below the industry midpoint. Overall, Golub Capital BDC has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golub Capital BDC's EV-to-OCF compare to NEA and CSQ?
According to the Asset Management industry distribution chart, Golub Capital BDC ranks #841 out of 1501 companies for EV-to-OCF. This places Golub Capital BDC in the lower half of its industry. The industry median EV-to-OCF is 5.95. Golub Capital BDC's value of 8.70 is 46.2% above this benchmark. 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. Golub Capital BDC's current EV-to-OCF of 8.70 is 46.2% 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. Golub Capital BDC's current EV-to-OCF is 8.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golub Capital BDC stock overvalued right now?
Based on GuruFocus' analysis, Golub Capital BDC (FRA:OGL) is currently considered Significantly Overvalued. The stock's GF Value™ is €6.43, compared to a current price of €11.46 — trading 78.1% above its estimated fair value. The current EV-to-OCF is 8.70 and 46.2% above the Asset Management industry median of 5.95. Golub Capital BDC's overall GF Score™ is 47/100 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 Golub Capital BDC (FRA:OGL), the current EV-to-OCF is 8.70 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 Golub Capital BDC (FRA:OGL) Overvalued in 2026?
Based on GuruFocus' analysis, Golub Capital BDC stock appears to be overvalued.
The current stock price of €11.46 is trading 78.1% above its estimated GF Value™ of €6.43.
GuruFocus considers Golub Capital BDC to be Significantly Overvalued.
Key valuation signals for FRA:OGL:
EV-to-OCF: 8.70
GF Value™: €6.43 vs. price of €11.46 (78.1% above fair value)
Industry Position: 46.2% above the Asset Management median (#841 of 1501)
No single metric tells the full story. See the FRA:OGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Golub Capital BDC Inc. is an externally managed, closed-end, non-diversified management investment company. Its investment objective is to generate current income and capital appreciation by investing in senior secured and one-stop loans in U.S. middle-market companies. It also invests in second-lien and subordinated loans, warrants, and minority equity securities in U.S. middle-market companies. The company generally invests in securities rated below investment grade by independent rating agencies, or those that would be rated below investment grade if evaluated. The company operates in the USA, Canada, and other countries, with the majority of its revenue coming from the USA.
47GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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