Coronation Fund Managers (JSE:CML) EV-to-OCF: -28.66 (As of Aug. 17, 2026)

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JSE:CML Coronation Fund Managers Ltd JSE:CML
73 GF Score
Price R42.50
GF Value R41.90
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Coronation Fund Managers EV-to-OCF?

Coronation Fund Managers JSE:CML 73 EV-to-OCF is -28.66 as of Aug. 17, 2026. GuruFocus rates JSE:CML with a GF Score™ of 73/100 and a GF Value™ of R41.90 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,506 Asset Management companies, Coronation Fund Managers ranks better than 83.73% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Coronation Fund Managers's Enterprise Value is R14,472 Mil. Coronation Fund Managers's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R-505 Mil. Therefore, Coronation Fund Managers's EV-to-OCF for today is -28.66.

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

JSE:CML' s EV-to-OCF Range Over the Past 10 Years
Min: -28.66   Med: 12.79   Max: 119.88
Current: -28.66

During the past 13 years, the highest EV-to-OCF of Coronation Fund Managers was 119.88. The lowest was -28.66. And the median was 12.79.

JSE:CML's EV-to-OCF is ranked better than
83.73% of 1506 companies
in the Asset Management industry
Industry Median: 5.85 vs JSE:CML: -28.66

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 (2026-08-17), Coronation Fund Managers's stock price is R42.50. Coronation Fund Managers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R4.872. Therefore, Coronation Fund Managers's PE Ratio (TTM) for today is 8.72.


Coronation Fund Managers  (JSE:CML) 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.

Coronation Fund Managers's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=42.50/4.872
=8.72

Coronation Fund Managers's share price for today is R42.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R4.872.

* 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.


Coronation Fund Managers EV-to-OCF Related Terms


Coronation Fund Managers EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers EV-to-OCF Chart

Coronation Fund Managers Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.12 42.96 12.71 3.05 104.17

Coronation Fund Managers Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 0.00 3.05 0.00 104.17 0.00

JSE:CML vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Coronation Fund Managers's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Coronation Fund Managers's EV-to-OCF falls into.


JSE:CML
73GF Score
Coronation Fund Managers Ltd JSE:CML
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coronation Fund Managers EV-to-OCF Calculation

Coronation Fund Managers's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=14471.673/-505
=-28.66

Coronation Fund Managers's current Enterprise Value is R14,472 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R-505 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 -28.66 mean?
Coronation Fund Managers (JSE:CML) has a EV-to-OCF of -28.66 as of Aug. 17, 2026. According to the industry distribution chart, Coronation Fund Managers ranks #245 out of 1506 companies in the Asset Management industry, placing it in the top 16.3%.
Is Coronation Fund Managers' EV-to-OCF too high?
Coronation Fund Managers' current EV-to-OCF is -28.66. Based on the distribution chart, Coronation Fund Managers ranks #245 out of 1506 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Coronation Fund Managers has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Coronation Fund Managers' EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Coronation Fund Managers ranks #245 out of 1506 companies for EV-to-OCF. This places Coronation Fund Managers in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.85. 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 5.85, based on 1,506 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 Asset Management industry, the median EV-to-OCF is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coronation Fund Managers's current EV-to-OCF is -28.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coronation Fund Managers stock overvalued right now?
Based on GuruFocus' analysis, Coronation Fund Managers (JSE:CML) is currently considered Fairly Valued. The stock's GF Value™ is R41.90, compared to a current price of R42.50 — trading 1.4% above its estimated fair value. The current EV-to-OCF is -28.66. Coronation Fund Managers' overall GF Score™ is 73/100 with 5 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 Coronation Fund Managers (JSE:CML), the current EV-to-OCF is -28.66 as of Aug. 17, 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 Coronation Fund Managers (JSE:CML) Overvalued in 2026?

Based on GuruFocus' analysis, Coronation Fund Managers stock appears to be overvalued. The current stock price of R42.50 is trading 1.4% above its estimated GF Value™ of R41.90. GuruFocus considers Coronation Fund Managers to be Fairly Valued.

Key valuation signals for JSE:CML:

  • EV-to-OCF: -28.66
  • GF Value™: R41.90 vs. price of R42.50 (1.4% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Coronation Fund Managers Business Description

Address Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.
73GF Score

Get the complete analysis for JSE:CML

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

R42.50
Price
R41.90
GF Value