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Deneb InvestmentsJSE:DNB 80 EV-to-OCF is 5.11 as of Sep. 21, 2026, which is 53% below its 10-year median of 10.89. GuruFocus rates JSE:DNB with a GF Score™ of 80/100 and a GF Value™ of R2.78 (Fairly Valued). The stock has 7 warning signs investors should review. Among 552 Conglomerates companies, Deneb Investments ranks better than 63.59% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Deneb Investments's Enterprise Value is R1,754 Mil.
Deneb Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R343 Mil. Therefore, Deneb Investments's EV-to-OCF for today is 5.11.
The historical rank and industry rank for Deneb Investments's EV-to-OCF or its related term are showing as below:
JSE:DNB'
s EV-to-OCF Range Over the Past 10 Years
Min: -38.83 Med: 10.89 Max: 27.53
Current: 5.13
During the past 13 years, the highest EV-to-OCF of Deneb Investments was 27.53. The lowest was -38.83. And the median was 10.89.
JSE:DNB's EV-to-OCF is ranked better than 63.59% of 552
companies
in the Conglomerates industry
Industry Median: 8.61
vs JSE:DNB: 5.13
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.
Deneb Investments's PE Ratio (TTM) for today is calculated as:
Deneb Investments's share price for today is R2.99.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deneb Investments's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R0.450.
* 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.
Deneb Investments EV-to-OCF Related Terms
Deneb Investments EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Deneb Investments'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 Conglomerates subindustry, Deneb Investments'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.
Deneb Investments EV-to-OCF vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Deneb Investments's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Deneb Investments's EV-to-OCF falls into.
Deneb Investments's current Enterprise Value is R1,754 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Deneb Investments's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was R343 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.
Deneb Investments (JSE:DNB) has a EV-to-OCF of 5.11 as of Sep. 21, 2026. This is 53% below median its historical median of 10.89. According to the industry distribution chart, Deneb Investments ranks #201 out of 552 companies in the Conglomerates industry, placing it in the top 36.4%.
Is Deneb Investments' EV-to-OCF too high?
Deneb Investments' current EV-to-OCF of 5.11 is 53% below median its 10-year median of 10.89. The Conglomerates industry median EV-to-OCF is 8.61. Deneb Investments' value of 5.11 is 40.7% below this industry median. Based on the distribution chart, Deneb Investments ranks #201 out of 552 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Deneb Investments has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Deneb Investments' EV-to-OCF compare to MMM and HON?
According to the Conglomerates industry distribution chart, Deneb Investments ranks #201 out of 552 companies for EV-to-OCF. This puts Deneb Investments in the upper half of its industry. The industry median EV-to-OCF is 8.61. Deneb Investments' value of 5.11 is 40.7% below this benchmark. While the company's 10-year median is 10.89 vs. the industry median of 8.61, Deneb Investments 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 Conglomerates company?
The median EV-to-OCF among Conglomerates companies is 8.61, based on 552 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. Deneb Investments's current EV-to-OCF of 5.11 is 40.7% 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 Conglomerates industry, the median EV-to-OCF is 8.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deneb Investments's current EV-to-OCF is 5.11, which is 53% below median its own 10-year median of 10.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deneb Investments stock overvalued right now?
Based on GuruFocus' analysis, Deneb Investments (JSE:DNB) is currently considered Fairly Valued. The stock's GF Value™ is R2.78, compared to a current price of R2.99 — trading 7.6% above its estimated fair value. The current EV-to-OCF is 5.11, which is 53% below median its 10-year median of 10.89 and 40.7% below the Conglomerates industry median of 8.61. Deneb Investments' overall GF Score™ is 80/100 with 7 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 Deneb Investments (JSE:DNB), the current EV-to-OCF is 5.11 as of Sep. 21, 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 Deneb Investments (JSE:DNB) Overvalued in 2026?
Based on GuruFocus' analysis, Deneb Investments stock appears to be overvalued.
The current stock price of R2.99 is trading 7.6% above its estimated GF Value™ of R2.78.
GuruFocus considers Deneb Investments to be Fairly Valued.
Key valuation signals for JSE:DNB:
EV-to-OCF: 5.11 (53% below median its 10-year median of 10.89)
GF Value™: R2.78 vs. price of R2.99 (7.6% above fair value)
Industry Position: 40.7% below the Conglomerates median (#201 of 552)
No single metric tells the full story. See the JSE:DNB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Deneb Investments Ltd is a diversified investment company operating in southern Africa. The company's operating segment includes Properties; Industrial Product Manufacturing; Automotive Parts Manufacturing; and Branded Product Distribution. Industrial Product Manufacturing and Branded Product Distribution segments together contribute to the majority of the revenue. Its geographical segments include South Africa, Other African countries, Asia, Europe, North America, and South America, of which the majority of the revenue is generated from South Africa.
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