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Naturgy Energy GroupGASNF -5.25%69 EV-to-OCF is 8.82 as of Jul. 14, 2026, which is 18% below its 10-year median of 10.71. GuruFocus rates GASNF with a GF Score™ of 69/100 and a GF Value™ of $25.48 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 507 Utilities - Regulated companies, Naturgy Energy Group ranks better than 58.78% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Naturgy Energy Group's Enterprise Value is $46,324 Mil.
Naturgy Energy Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $5,252 Mil. Therefore, Naturgy Energy Group's EV-to-OCF for today is 8.82.
The historical rank and industry rank for Naturgy Energy Group's EV-to-OCF or its related term are showing as below:
GASNF'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.87 Med: 10.71 Max: 43.7
Current: 8.87
During the past 13 years, the highest EV-to-OCF of Naturgy Energy Group was 43.70. The lowest was 6.87. And the median was 10.71.
GASNF's EV-to-OCF is ranked better than 58.78% of 507
companies
in the Utilities - Regulated industry
Industry Median: 10.76
vs GASNF: 8.87
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.
Naturgy Energy Group (OTCPK:GASNF) 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.
Naturgy Energy Group's PE Ratio (TTM) for today is calculated as:
Naturgy Energy Group's share price for today is $31.901.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Naturgy Energy Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $2.518.
* 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.
Naturgy Energy Group EV-to-OCF Related Terms
Naturgy Energy Group EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Naturgy Energy 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.
For the Utilities - Regulated Gas subindustry, Naturgy Energy 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.
Naturgy Energy Group EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Naturgy Energy Group's EV-to-OCF falls into.
Naturgy Energy Group's current Enterprise Value is $46,324 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Naturgy Energy Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $5,252 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.
Naturgy Energy Group (GASNF) has a EV-to-OCF of 8.82 as of Jul. 14, 2026. This is 18% below median its historical median of 10.71. Over the past decade, Naturgy Energy Group's EV-to-OCF has ranged from 6.87 to 43.70. According to the industry distribution chart, Naturgy Energy Group ranks #209 out of 507 companies in the Utilities - Regulated industry, placing it in the top 41.2%.
Is Naturgy Energy Group's EV-to-OCF too high?
Naturgy Energy Group's current EV-to-OCF of 8.82 is 18% below median its 10-year median of 10.71. Over the past 10 years, this metric has ranged from a low of 6.87 to a high of 43.70. The Utilities - Regulated industry median EV-to-OCF is 10.76. Naturgy Energy Group's value of 8.82 is 18% below this industry median. Based on the distribution chart, Naturgy Energy Group ranks #209 out of 507 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Naturgy Energy Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's EV-to-OCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Naturgy Energy Group ranks #209 out of 507 companies for EV-to-OCF. This puts Naturgy Energy Group in the upper half of its industry. The industry median EV-to-OCF is 10.76. Naturgy Energy Group's value of 8.82 is 18% below this benchmark. Historically, Naturgy Energy Group's own EV-to-OCF has ranged from 6.87 to 43.70 over the past decade. While the company's 10-year median is 10.71 vs. the industry median of 10.76, Naturgy Energy Group has consistently been below 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 an Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.76, based on 507 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. Naturgy Energy Group's current EV-to-OCF of 8.82 is 18% below 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 Utilities - Regulated industry, the median EV-to-OCF is 10.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Naturgy Energy Group's current EV-to-OCF is 8.82, which is 18% below median its own 10-year median of 10.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Energy Group (GASNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.48, compared to a current price of $31.90 — trading 25.2% above its estimated fair value. The current EV-to-OCF is 8.82, which is 18% below median its 10-year median of 10.71 and 18% below the Utilities - Regulated industry median of 10.76. Naturgy Energy Group's overall GF Score™ is 69/100 with 7 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 Naturgy Energy Group (GASNF), the current EV-to-OCF is 8.82 as of Jul. 14, 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 Naturgy Energy Group (GASNF) Overvalued in 2026?
Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued.
The current stock price of $31.90 is trading 25.2% above its estimated GF Value™ of $25.48.
GuruFocus considers Naturgy Energy Group to be Modestly Overvalued.
Key valuation signals for GASNF:
EV-to-OCF: 8.82 (18% below median its 10-year median of 10.71)
GF Value™: $25.48 vs. price of $31.90 (25.2% above fair value)
Industry Position: 18% below the Utilities - Regulated median (#209 of 507)
No single metric tells the full story. See the GASNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
69GF Score
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