Ascendis Health (JSE:ASC) EV-to-OCF: -3.45 (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

JSE:ASC Ascendis Health Ltd JSE:ASC
11 GF Score
Price R0.92
View Full Analysis

What is Ascendis Health EV-to-OCF?

Ascendis Health JSE:ASC 11 EV-to-OCF is -3.45 as of Aug. 05, 2026. GuruFocus rates JSE:ASC with a GF Score™ of 11/100.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Ascendis Health's Enterprise Value is R485 Mil. Ascendis Health's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was R-140 Mil. Therefore, Ascendis Health's EV-to-OCF for today is -3.45.

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

JSE:ASC's EV-to-OCF is not ranked *
in the Medical Distribution industry.
Industry Median: 7.765
* Ranked among companies with meaningful EV-to-OCF only.

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 (2026-08-05), Ascendis Health's stock price is R0.92. Ascendis Health's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was R0.124. Therefore, Ascendis Health's PE Ratio (TTM) for today is 7.42.


Ascendis Health  (JSE:ASC) 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.

Ascendis Health's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.92/0.124
=7.42

Ascendis Health's share price for today is R0.92.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ascendis Health's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was R0.124.

* 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.


Ascendis Health EV-to-OCF Related Terms


Ascendis Health EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Ascendis Health'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.

Ascendis Health EV-to-OCF Chart

Ascendis Health Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.82 32.71 10.93 -8.14 -2.56

Ascendis Health Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.00 0.00 0.00 0.00 0.00
JSE:ASC
11GF Score
Ascendis Health Ltd JSE:ASC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ascendis Health EV-to-OCF Calculation

Ascendis Health's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=484.858/-140.387
=-3.45

Ascendis Health's current Enterprise Value is R485 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ascendis Health's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was R-140 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 -3.45 mean?
Ascendis Health (JSE:ASC) has a EV-to-OCF of -3.45 as of Aug. 05, 2026.
Is Ascendis Health's EV-to-OCF too high?
Ascendis Health's current EV-to-OCF is -3.45. Overall, Ascendis Health has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Ascendis Health's EV-to-OCF compare to PHBI and GCAN?
Ascendis Health's EV-to-OCF of -3.45 can be compared against companies in the Medical Distribution industry. The industry median EV-to-OCF is 7.77. 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 Medical Distribution company?
The median EV-to-OCF among Medical Distribution companies is 7.77, based on 118 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. 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 Medical Distribution industry, the median EV-to-OCF is 7.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ascendis Health's current EV-to-OCF is -3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ascendis Health stock overvalued right now?
Ascendis Health (JSE:ASC) has a current EV-to-OCF of -3.45. The current EV-to-OCF is -3.45. Ascendis Health's overall GF Score™ is 11/100. 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 Ascendis Health (JSE:ASC), the current EV-to-OCF is -3.45 as of Aug. 05, 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.

Ascendis Health Business Description

Address 1 Carey Street, Wynberg, Sandton, GT, ZAF, 2090
Ascendis Health Ltd is a health and wellness investment holding Company that holds investments in a number of companies that market and distribute a portfolio of brands, products, and medical devices. The company operates in two segments: i) Consumer Health (wellness, health supplements, speciality ingredients and compounded medicines) and ii) Medical Devices (distributor of medical devices, in vitro diagnostic products and orthopaedic equipment). The company generates the majority of its revenue from the Medical Devices segment.
11GF Score

Get the complete analysis for JSE:ASC

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

R0.92
Price