Migros Ticaret AS (IST:MGROS) EV-to-OCF: 3.42 (As of Aug. 03, 2026) — 12% Below Median

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IST:MGROS Migros Ticaret AS IST:MGROS
88 GF Score
Price ₺625.50
GF Value ₺702.06
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Migros Ticaret AS EV-to-OCF?

Migros Ticaret AS IST:MGROS +0.40% 88 EV-to-OCF is 3.42 as of Aug. 03, 2026, which is 12% below its 10-year median of 3.88. GuruFocus rates IST:MGROS with a GF Score™ of 88/100 and a GF Value™ of ₺702.06 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 313 Retail - Defensive companies, Migros Ticaret AS ranks better than 71.57% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Migros Ticaret AS's Enterprise Value is ₺119,859 Mil. Migros Ticaret AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₺35,097 Mil. Therefore, Migros Ticaret AS's EV-to-OCF for today is 3.42.

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

IST:MGROS' s EV-to-OCF Range Over the Past 10 Years
Min: 1.6   Med: 3.88   Max: 10.36
Current: 3.4

During the past 13 years, the highest EV-to-OCF of Migros Ticaret AS was 10.36. The lowest was 1.60. And the median was 3.88.

IST:MGROS's EV-to-OCF is ranked better than
71.57% of 313 companies
in the Retail - Defensive industry
Industry Median: 7.75 vs IST:MGROS: 3.40

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 (2026-08-03), Migros Ticaret AS's stock price is ₺625.50. Migros Ticaret AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺38.250. Therefore, Migros Ticaret AS's PE Ratio (TTM) for today is 16.35.


Migros Ticaret AS  (IST:MGROS) 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.

Migros Ticaret AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=625.50/38.250
=16.35

Migros Ticaret AS's share price for today is ₺625.50.
Migros Ticaret AS'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 ₺38.250.

* 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.


Migros Ticaret AS EV-to-OCF Related Terms


Migros Ticaret AS EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Migros Ticaret AS'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.

Migros Ticaret AS EV-to-OCF Chart

Migros Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.85 1.93 2.56 2.70 3.44

Migros Ticaret AS 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 3.20 3.31 2.61 3.44 3.30

IST:MGROS vs KR, SFM, ACI: EV-to-OCF Comparison

For the Grocery Stores subindustry, Migros Ticaret AS'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.


Migros Ticaret AS EV-to-OCF vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Migros Ticaret AS's EV-to-OCF distribution charts can be found below:

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


IST:MGROS
88GF Score
Migros Ticaret AS IST:MGROS
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Migros Ticaret AS EV-to-OCF Calculation

Migros Ticaret AS's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=119859.120/35096.793
=3.42

Migros Ticaret AS's current Enterprise Value is ₺119,859 Mil.
Migros Ticaret AS'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 ₺35,097 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 3.42 mean?
Migros Ticaret AS (IST:MGROS) has a EV-to-OCF of 3.42 as of Aug. 03, 2026. This is 12% below median its historical median of 3.88. Over the past decade, Migros Ticaret AS's EV-to-OCF has ranged from 1.60 to 10.36. According to the industry distribution chart, Migros Ticaret AS ranks #89 out of 313 companies in the Retail - Defensive industry, placing it in the top 28.4%.
Is Migros Ticaret AS's EV-to-OCF too high?
Migros Ticaret AS's current EV-to-OCF of 3.42 is 12% below median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 10.36. The Retail - Defensive industry median EV-to-OCF is 7.75. Migros Ticaret AS's value of 3.42 is 55.9% below this industry median. Based on the distribution chart, Migros Ticaret AS ranks #89 out of 313 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, Migros Ticaret AS has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Migros Ticaret AS's EV-to-OCF compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Migros Ticaret AS ranks #89 out of 313 companies for EV-to-OCF. This puts Migros Ticaret AS in the upper half of its industry. The industry median EV-to-OCF is 7.75. Migros Ticaret AS's value of 3.42 is 55.9% below this benchmark. Historically, Migros Ticaret AS's own EV-to-OCF has ranged from 1.60 to 10.36 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 7.75, Migros Ticaret AS 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 Retail - Defensive company?
The median EV-to-OCF among Retail - Defensive companies is 7.75, based on 313 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. Migros Ticaret AS's current EV-to-OCF of 3.42 is 55.9% 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 Retail - Defensive industry, the median EV-to-OCF is 7.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Migros Ticaret AS's current EV-to-OCF is 3.42, which is 12% below median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Migros Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Migros Ticaret AS (IST:MGROS) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺702.06, compared to a current price of ₺625.50 — trading 10.9% below its estimated fair value. The current EV-to-OCF is 3.42, which is 12% below median its 10-year median of 3.88 and 55.9% below the Retail - Defensive industry median of 7.75. Migros Ticaret AS's overall GF Score™ is 88/100 with 4 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 Migros Ticaret AS (IST:MGROS), the current EV-to-OCF is 3.42 as of Aug. 03, 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 Migros Ticaret AS (IST:MGROS) Overvalued in 2026?

Based on GuruFocus' analysis, Migros Ticaret AS stock appears to be undervalued. The current stock price of ₺625.50 is trading 10.9% below its estimated GF Value™ of ₺702.06. GuruFocus considers Migros Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:MGROS:

  • EV-to-OCF: 3.42 (12% below median its 10-year median of 3.88)
  • GF Value™: ₺702.06 vs. price of ₺625.50 (10.9% below fair value)
  • GF Score™: 88/100 with 4 warning signs
  • Industry Position: 55.9% below the Retail - Defensive median (#89 of 313)

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


Migros Ticaret AS Business Description

Address Ataturk Mahallesi Turgut Ozal Bulvari No 7, Atasehir - Istanbul, TUR, 34758
Migros Ticaret AS is a Turkey-based company that is principally engaged in the retail business. The company also operates in the business lines of online food retailing and ready meals, payment and electronic money services, logistics services, media, shopping center management, and others.
88GF Score

Get the complete analysis for IST:MGROS

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

₺625.50
Price
₺702.06
GF Value