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Imperial OilHAM:IMP -1.42%78 EV-to-OCF is 11.92 as of Aug. 09, 2026, which is 26% above its 10-year median of 9.46. GuruFocus rates HAM:IMP with a GF Score™ of 78/100 and a GF Value™ of €74.30. The stock has 2 warning signs investors should review. Among 1,025 Oil & Gas companies, Imperial Oil ranks worse than 75.51% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Imperial Oil's Enterprise Value is €52,965 Mil.
Imperial Oil's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was €4,444 Mil. Therefore, Imperial Oil's EV-to-OCF for today is 11.92.
The historical rank and industry rank for Imperial Oil's EV-to-OCF or its related term are showing as below:
HAM:IMP'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.02 Med: 9.46 Max: 35.31
Current: 11.92
During the past 13 years, the highest EV-to-OCF of Imperial Oil was 35.31. The lowest was 3.02. And the median was 9.46.
HAM:IMP's EV-to-OCF is ranked worse than 75.51% of 1025
companies
in the Oil & Gas industry
Industry Median: 5.67
vs HAM:IMP: 11.92
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.
Imperial Oil's PE Ratio (TTM) for today is calculated as:
Imperial Oil's share price for today is €107.80.
Imperial Oil'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 €5.297.
* 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.
Imperial Oil EV-to-OCF Related Terms
Imperial Oil EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Imperial Oil'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 Oil & Gas Integrated subindustry, Imperial Oil'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.
Imperial Oil EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Imperial Oil's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Imperial Oil's EV-to-OCF falls into.
Imperial Oil's current Enterprise Value is €52,965 Mil.
Imperial Oil'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 €4,444 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.
Imperial Oil (HAM:IMP) has a EV-to-OCF of 11.92 as of Aug. 09, 2026. This is 26% above median its historical median of 9.46. Over the past decade, Imperial Oil's EV-to-OCF has ranged from 3.02 to 35.31. According to the industry distribution chart, Imperial Oil ranks #774 out of 1025 companies in the Oil & Gas industry, placing it in the top 75.5%.
Is Imperial Oil's EV-to-OCF too high?
Imperial Oil's current EV-to-OCF of 11.92 is 26% above median its 10-year median of 9.46. Over the past 10 years, this metric has ranged from a low of 3.02 to a high of 35.31. The Oil & Gas industry median EV-to-OCF is 5.67. Imperial Oil's value of 11.92 is 110.2% above this industry median. Based on the distribution chart, Imperial Oil ranks #774 out of 1025 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Imperial Oil has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Imperial Oil's EV-to-OCF compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Imperial Oil ranks #774 out of 1025 companies for EV-to-OCF. This places Imperial Oil in the lower half of its industry. The industry median EV-to-OCF is 5.67. Imperial Oil's value of 11.92 is 110.2% above this benchmark. Historically, Imperial Oil's own EV-to-OCF has ranged from 3.02 to 35.31 over the past decade. While the company's 10-year median is 9.46 vs. the industry median of 5.67, Imperial Oil has consistently been above 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.67, based on 1,025 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. Imperial Oil's current EV-to-OCF of 11.92 is 110.2% 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 Oil & Gas industry, the median EV-to-OCF is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Imperial Oil's current EV-to-OCF is 11.92, which is 26% above median its own 10-year median of 9.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Oil stock overvalued right now?
Imperial Oil (HAM:IMP) has a current EV-to-OCF of 11.92. The stock's GF Value™ is €74.30, compared to a current price of €107.80 — trading 45.1% above its estimated fair value. The current EV-to-OCF is 11.92, which is 26% above median its 10-year median of 9.46 and 110.2% above the Oil & Gas industry median of 5.67. Imperial Oil's overall GF Score™ is 78/100 with 2 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 Imperial Oil (HAM:IMP), the current EV-to-OCF is 11.92 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 Imperial Oil (HAM:IMP) Overvalued in 2026?
Based on GuruFocus' analysis, Imperial Oil stock appears to be overvalued.
The current stock price of €107.80 is trading 45.1% above its estimated GF Value™ of €74.30.
Key valuation signals for HAM:IMP:
EV-to-OCF: 11.92 (26% above median its 10-year median of 9.46)
GF Value™: €74.30 vs. price of €107.80 (45.1% above fair value)
Industry Position: 110.2% above the Oil & Gas median (#774 of 1025)
No single metric tells the full story. See the HAM:IMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Imperial Oil Ltd is an integrated oil company active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil, natural gas, petroleum products, and petrochemicals. It also pursues lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. The company's reportable segments are Upstream, Downstream, and Chemical. Maximum revenue for the company is generated from its Downstream segment, which refines crude oil into petroleum products and distributes and market these products. The Upstream segment explores and produces crude oil, its equivalents, and natural gas, and the Chemical segment manufactures and markets hydrocarbon-based chemicals and chemical products.
78GF Score
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