Aveng (FRA:UG8) EV-to-OCF: -0.23 (As of Aug. 30, 2026)

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Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:UG8 Aveng Ltd FRA:UG8
41 GF Score
Price €0.19
GF Value €0.23
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Aveng EV-to-OCF?

Aveng FRA:UG8 -1.59% 41 EV-to-OCF is -0.23 as of Aug. 30, 2026. GuruFocus rates FRA:UG8 with a GF Score™ of 41/100 and a GF Value™ of €0.23 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,793 Construction companies, Aveng ranks better than 70.33% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Aveng's Enterprise Value is €-6 Mil. Aveng's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €26 Mil. Therefore, Aveng's EV-to-OCF for today is -0.23.

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

FRA:UG8' s EV-to-OCF Range Over the Past 10 Years
Min: -7.07   Med: -0.1   Max: 8.8
Current: -0.21

During the past 13 years, the highest EV-to-OCF of Aveng was 8.80. The lowest was -7.07. And the median was -0.10.

FRA:UG8's EV-to-OCF is ranked better than
70.33% of 1793 companies
in the Construction industry
Industry Median: 6.92 vs FRA:UG8: -0.21

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 (2026-08-30), Aveng's stock price is €0.186. Aveng's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.072. Therefore, Aveng's PE Ratio (TTM) for today is At Loss.


Aveng  (FRA:UG8) 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.

Aveng's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.186/-0.072
=At Loss

Aveng's share price for today is €0.186.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aveng's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €-0.072.

* 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.


Aveng EV-to-OCF Related Terms


Aveng EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Aveng'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.

Aveng EV-to-OCF Chart

Aveng Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 -2.90 0.58 -0.22 -0.21

Aveng Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.58 0.00 -0.22 0.00 -0.21

FRA:UG8 vs PWR, FIX, EME: EV-to-OCF Comparison

For the Engineering & Construction subindustry, Aveng'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.


Aveng EV-to-OCF vs Construction Industry

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

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


FRA:UG8
41GF Score
Aveng Ltd FRA:UG8
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aveng EV-to-OCF Calculation

Aveng's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-6.062/26.471
=-0.23

Aveng's current Enterprise Value is €-6 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aveng's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €26 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of -0.23 mean?
Aveng (FRA:UG8) has a EV-to-OCF of -0.23 as of Aug. 30, 2026. According to the industry distribution chart, Aveng ranks #532 out of 1793 companies in the Construction industry, placing it in the top 29.7%.
Is Aveng's EV-to-OCF too high?
Aveng's current EV-to-OCF is -0.23. Based on the distribution chart, Aveng ranks #532 out of 1793 companies in the Construction industry, which is above the industry midpoint. Overall, Aveng has a GF Score™ of 41/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aveng's EV-to-OCF compare to PWR and FIX?
According to the Construction industry distribution chart, Aveng ranks #532 out of 1793 companies for EV-to-OCF. This puts Aveng in the upper half of its industry. The industry median EV-to-OCF is 6.92. 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 Construction company?
The median EV-to-OCF among Construction companies is 6.92, based on 1,793 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. 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 Construction industry, the median EV-to-OCF is 6.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aveng's current EV-to-OCF is -0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aveng stock overvalued right now?
Based on GuruFocus' analysis, Aveng (FRA:UG8) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.23, compared to a current price of €0.19 — trading 19.1% below its estimated fair value. The current EV-to-OCF is -0.23. Aveng's overall GF Score™ is 41/100 with 3 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 Aveng (FRA:UG8), the current EV-to-OCF is -0.23 as of Aug. 30, 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 Aveng (FRA:UG8) Overvalued in 2026?

Based on GuruFocus' analysis, Aveng stock appears to be undervalued. The current stock price of €0.19 is trading 19.1% below its estimated GF Value™ of €0.23. GuruFocus considers Aveng to be Modestly Undervalued.

Key valuation signals for FRA:UG8:

  • EV-to-OCF: -0.23
  • GF Value™: €0.23 vs. price of €0.19 (19.1% below fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the FRA:UG8 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aveng Business Description

Address 2 Merlin Rose Avenue, Parkhaven, Boksburg, GT, ZAF, 1459
Aveng Ltd is in the construction and engineering business. It has the following segments; the Infrastructure segment comprises McConnell Dowell and is divided into Australia, New Zealand and Pacific Islands, and Southeast Asia; the Building segment comprises Built Environs, an infrastructure-led specialist with experience in sport, health and science, defence, education, residential, commercial, retail, industrial, and infrastructure sectors; the Mining segment comprises Moolmans, a tier-one contract mining business operating in Africa with a primary focus on open cast mining; and Aveng Legacy; and the Aveng Corporate segment. It generates the majority of its revenue from the Infrastructure segment.
41GF Score

Get the complete analysis for FRA:UG8

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

€0.19
Price
€0.23
GF Value