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PT Gudang Garam TbkGGNPF 49 EV-to-OCF is 2.45 as of Aug. 06, 2026, which is 74% below its 10-year median of 9.33. GuruFocus rates GGNPF with a GF Score™ of 49/100 and a GF Value™ of $0.59 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 48 Tobacco Products companies, PT Gudang Garam Tbk ranks better than 62.5% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, PT Gudang Garam Tbk's Enterprise Value is $1,756 Mil.
PT Gudang Garam Tbk's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $718 Mil. Therefore, PT Gudang Garam Tbk's EV-to-OCF for today is 2.45.
The historical rank and industry rank for PT Gudang Garam Tbk's EV-to-OCF or its related term are showing as below:
GGNPF'
s EV-to-OCF Range Over the Past 10 Years
Min: -1009.73 Med: 9.33 Max: 100.13
Current: 2.58
During the past 13 years, the highest EV-to-OCF of PT Gudang Garam Tbk was 100.13. The lowest was -1009.73. And the median was 9.33.
GGNPF's EV-to-OCF is ranked better than 62.5% of 48
companies
in the Tobacco Products industry
Industry Median: 8.395
vs GGNPF: 2.58
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.
PT Gudang Garam Tbk's PE Ratio (TTM) for today is calculated as:
PT Gudang Garam Tbk's share price for today is $0.9016.
PT Gudang Garam Tbk'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 $0.134.
* 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.
PT Gudang Garam Tbk EV-to-OCF Related Terms
PT Gudang Garam Tbk EV-to-OCF Historical Data
* Premium members only.
The historical data trend for PT Gudang Garam Tbk'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 Tobacco subindustry, PT Gudang Garam Tbk'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.
PT Gudang Garam Tbk EV-to-OCF vs Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, PT Gudang Garam Tbk's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where PT Gudang Garam Tbk's EV-to-OCF falls into.
PT Gudang Garam Tbk's current Enterprise Value is $1,756 Mil.
PT Gudang Garam Tbk'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 $718 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.
PT Gudang Garam Tbk (GGNPF) has a EV-to-OCF of 2.45 as of Aug. 06, 2026. This is 74% below median its historical median of 9.33. According to the industry distribution chart, PT Gudang Garam Tbk ranks #18 out of 48 companies in the Tobacco Products industry, placing it in the top 37.5%.
Is PT Gudang Garam Tbk's EV-to-OCF too high?
PT Gudang Garam Tbk's current EV-to-OCF of 2.45 is 74% below median its 10-year median of 9.33. The Tobacco Products industry median EV-to-OCF is 8.40. PT Gudang Garam Tbk's value of 2.45 is 70.8% below this industry median. Based on the distribution chart, PT Gudang Garam Tbk ranks #18 out of 48 companies in the Tobacco Products industry, which is above the industry midpoint. Overall, PT Gudang Garam Tbk has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Gudang Garam Tbk's EV-to-OCF compare to PM and MO?
According to the Tobacco Products industry distribution chart, PT Gudang Garam Tbk ranks #18 out of 48 companies for EV-to-OCF. This puts PT Gudang Garam Tbk in the upper half of its industry. The industry median EV-to-OCF is 8.40. PT Gudang Garam Tbk's value of 2.45 is 70.8% below this benchmark. While the company's 10-year median is 9.33 vs. the industry median of 8.40, PT Gudang Garam Tbk 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 a Tobacco Products company?
The median EV-to-OCF among Tobacco Products companies is 8.40, based on 48 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. PT Gudang Garam Tbk's current EV-to-OCF of 2.45 is 70.8% 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 Tobacco Products industry, the median EV-to-OCF is 8.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Gudang Garam Tbk's current EV-to-OCF is 2.45, which is 74% below median its own 10-year median of 9.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Gudang Garam Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Gudang Garam Tbk (GGNPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.59, compared to a current price of $0.90 — trading 52.8% above its estimated fair value. The current EV-to-OCF is 2.45, which is 74% below median its 10-year median of 9.33 and 70.8% below the Tobacco Products industry median of 8.40. PT Gudang Garam Tbk's overall GF Score™ is 49/100 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 PT Gudang Garam Tbk (GGNPF), the current EV-to-OCF is 2.45 as of Aug. 06, 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 PT Gudang Garam Tbk (GGNPF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Gudang Garam Tbk stock appears to be overvalued.
The current stock price of $0.90 is trading 52.8% above its estimated GF Value™ of $0.59.
GuruFocus considers PT Gudang Garam Tbk to be Significantly Overvalued.
Key valuation signals for GGNPF:
EV-to-OCF: 2.45 (74% below median its 10-year median of 9.33)
GF Value™: $0.59 vs. price of $0.90 (52.8% above fair value)
Industry Position: 70.8% below the Tobacco Products median (#18 of 48)
No single metric tells the full story. See the GGNPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Gudang Garam Tbk manufactures kretek cigarettes, which are clove cigarettes common in Indonesia. The firm's operations are almost entirely domestic, with its tobacco and clove farmers. Nearly majority of the company's sales are generated in Indonesia. The company's brand families include Gudang Garam, Merah, and others. Other brands include Sriwedari, which is a hand-rolled brand, and Klobot. The company's segment includes Cigarettes, Paperboard, Infrastructure, and Others. The company generates the majority of revenue from sale of Cigarettes.
49GF Score
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