Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Janus Henderson Group's Enterprise Value is $6,350 Mil.
Janus Henderson Group's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $952 Mil. Therefore, Janus Henderson Group's EV-to-OCF for today is 6.67.
The historical rank and industry rank for Janus Henderson Group's EV-to-OCF or its related term are showing as below:
JHG'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.3 Med: 7.45 Max: 71.92
Current: 6.67
During the past 13 years, the highest EV-to-OCF of Janus Henderson Group was 71.92. The lowest was 3.30. And the median was 7.45.
JHG's EV-to-OCF is not ranked
in the Asset Management industry.
Industry Median: 5.56
vs JHG: 6.67
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.
Janus Henderson Group (NYSE:JHG) 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.
Janus Henderson Group's PE Ratio (TTM) for today is calculated as:
Janus Henderson Group's share price for today is $51.95.
Janus Henderson Group'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 $5.080.
* 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.
* 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 Asset Management subindustry, Janus Henderson 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.
Janus Henderson Group EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Janus Henderson Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Janus Henderson Group's EV-to-OCF falls into.
Janus Henderson Group's current Enterprise Value is $6,350 Mil.
Janus Henderson Group'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 $952 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.
Janus Henderson Group (JHG) has a EV-to-OCF of 6.67 as of Sep. 09, 2026. This is 10% below median its historical median of 7.45. Over the past decade, Janus Henderson Group's EV-to-OCF has ranged from 3.30 to 71.92.
Is Janus Henderson Group's EV-to-OCF too high?
Janus Henderson Group's current EV-to-OCF of 6.67 is 10% below median its 10-year median of 7.45. Over the past 10 years, this metric has ranged from a low of 3.30 to a high of 71.92. The Asset Management industry median EV-to-OCF is 5.56. Janus Henderson Group's value of 6.67 is 20% above this industry median. Overall, Janus Henderson Group has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Janus Henderson Group's EV-to-OCF compare to PDI and AMG?
Janus Henderson Group's EV-to-OCF of 6.67 can be compared against companies in the Asset Management industry. The industry median EV-to-OCF is 5.56. Janus Henderson Group's value of 6.67 is 20% above this benchmark. Historically, Janus Henderson Group's own EV-to-OCF has ranged from 3.30 to 71.92 over the past decade. While the company's 10-year median is 7.45 vs. the industry median of 5.56, Janus Henderson Group 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 Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.56, based on 1,497 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. Janus Henderson Group's current EV-to-OCF of 6.67 is 20% 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 Asset Management industry, the median EV-to-OCF is 5.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Janus Henderson Group's current EV-to-OCF is 6.67, which is 10% below median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Janus Henderson Group stock overvalued right now?
Janus Henderson Group (JHG) has a current EV-to-OCF of 6.67. The stock's GF Value™ is $47.90, compared to a current price of $51.95 — trading 8.5% above its estimated fair value. The current EV-to-OCF is 6.67, which is 10% below median its 10-year median of 7.45 and 20% above the Asset Management industry median of 5.56. Janus Henderson Group's overall GF Score™ is 61/100 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 Janus Henderson Group (JHG), the current EV-to-OCF is 6.67 as of Sep. 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 Janus Henderson Group (JHG) Overvalued in 2026?
Based on GuruFocus' analysis, Janus Henderson Group stock appears to be overvalued.
The current stock price of $51.95 is trading 8.5% above its estimated GF Value™ of $47.90.
Key valuation signals for JHG:
EV-to-OCF: 6.67 (10% below median its 10-year median of 7.45)
GF Value™: $47.90 vs. price of $51.95 (8.5% above fair value)
Industry Position: 20% above the Asset Management median
No single metric tells the full story. See the JHG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Janus Henderson Group provides investment management services to retail intermediary (49% of managed assets), self-directed (20%) and institutional (31%) clients. At the end of 2025, active equities (52%), fixed-income (32%), balanced (12%) and alternative (4%) investment platforms constituted the company's $493.2 billion in assets under management. Janus Henderson sources most of its managed assets from clients in North America (65%), with customers from Europe, the Middle East, Africa, and Latin America (26%) and the Asia-Pacific region (9%) accounting for the remainder.
61GF Score
Get the complete analysis for JHG
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JHG has been successfully added to your 
