Japan Exchange Group (FRA:OSK) EV-to-OCF: (As of Jul. 31, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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FRA:OSK Japan Exchange Group Inc FRA:OSK
86 GF Score
Price €11.80
GF Value €9.62
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Japan Exchange Group EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Japan Exchange Group's Enterprise Value is €10,671.0 Mil. Japan Exchange Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was €0.0 Mil. Therefore, Japan Exchange Group's EV-to-OCF for today is .

The historical rank and industry rank for Japan Exchange Group's EV-to-OCF or its related term are showing as below:

FRA:OSK' s EV-to-OCF Range Over the Past 10 Years
Min: 11.59   Med: 17.22   Max: 53.05
Current: 19.1

During the past 13 years, the highest EV-to-OCF of Japan Exchange Group was 53.05. The lowest was 11.59. And the median was 17.22.

FRA:OSK's EV-to-OCF is ranked worse than
82.72% of 810 companies
in the Capital Markets industry
Industry Median: 0 vs FRA:OSK: 19.10

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 (2026-07-31), Japan Exchange Group's stock price is €11.80. Japan Exchange Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was €0.335. Therefore, Japan Exchange Group's PE Ratio (TTM) for today is 35.22.


Japan Exchange Group  (FRA:OSK) 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.

Japan Exchange Group's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.80/0.335
=35.22

Japan Exchange Group's share price for today is €11.80.
Japan Exchange Group'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 €0.335.

* 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.


Japan Exchange Group EV-to-OCF Related Terms


Japan Exchange Group EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Japan Exchange Group'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.

Japan Exchange Group EV-to-OCF Chart

Japan Exchange Group 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 18.13 13.52 24.70 16.22 15.29

Japan Exchange Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 16.22 0.00 0.00 0.00 15.29

FRA:OSK vs SPGI, CME, ICE: EV-to-OCF Comparison

For the Financial Data & Stock Exchanges subindustry, Japan Exchange Group'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.


Japan Exchange Group EV-to-OCF vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Japan Exchange Group's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Japan Exchange Group's EV-to-OCF falls into.


FRA:OSK
86GF Score
Japan Exchange Group Inc FRA:OSK
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Japan Exchange Group EV-to-OCF Calculation

Japan Exchange Group's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=10671.007/0
=

Japan Exchange Group's current Enterprise Value is €10,671.0 Mil.
Japan Exchange Group'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 €0.0 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 Japan Exchange Group (FRA:OSK) Overvalued in 2026?

Based on GuruFocus' analysis, Japan Exchange Group stock appears to be overvalued. The current stock price of €11.80 is trading 22.7% above its estimated GF Value™ of €9.62. GuruFocus considers Japan Exchange Group to be Modestly Overvalued.

Key valuation signals for FRA:OSK:

  • EV-to-OCF:
  • GF Value™: €9.62 vs. price of €11.80 (22.7% above fair value)
  • GF Score™: 86/100 with 9 warning signs

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


Japan Exchange Group Business Description

Address 2-1 Kabutocho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-8224
Japan Exchange Group is a vertically integrated securities exchange business, which includes the Tokyo Stock Exchange, Osaka Exchange, and Tokyo Commodity Exchange. JPX ranks among the top five largest stock exchange operators in the world by market capitalization, and its Nikkei 225 and Topix derivatives products are some of the most widely traded derivatives products in the world.
86GF Score

Get the complete analysis for FRA:OSK

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

€11.80
Price
€9.62
GF Value