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.
Pick N Pay StoresJSE:PIK +0.37%63 EV-to-OCF is 9.63 as of Aug. 05, 2026, which is 35% below its 10-year median of 14.75. GuruFocus rates JSE:PIK with a GF Score™ of 63/100 and a GF Value™ of R24.30 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Pick N Pay Stores ranks worse than 59.35% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Pick N Pay Stores's Enterprise Value is R30,394 Mil.
Pick N Pay Stores's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R3,157 Mil. Therefore, Pick N Pay Stores's EV-to-OCF for today is 9.63.
The historical rank and industry rank for Pick N Pay Stores's EV-to-OCF or its related term are showing as below:
JSE:PIK'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.82 Med: 14.75 Max: 48.2
Current: 9.53
During the past 13 years, the highest EV-to-OCF of Pick N Pay Stores was 48.20. The lowest was 8.82. And the median was 14.75.
JSE:PIK's EV-to-OCF is ranked worse than 59.35% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 7.115
vs JSE:PIK: 9.53
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.
Pick N Pay Stores's PE Ratio (TTM) for today is calculated as:
Pick N Pay Stores's share price for today is R18.78.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pick N Pay Stores's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Feb. 2026 was R-0.991.
* 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.
Pick N Pay Stores EV-to-OCF Related Terms
Pick N Pay Stores EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Pick N Pay Stores'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 Department Stores subindustry, Pick N Pay Stores'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.
Pick N Pay Stores EV-to-OCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Pick N Pay Stores's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Pick N Pay Stores's EV-to-OCF falls into.
Pick N Pay Stores's current Enterprise Value is R30,394 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pick N Pay Stores's Cash Flow from Operations for the trailing twelve months (TTM) ended in Feb. 2026 was R3,157 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.
Pick N Pay Stores (JSE:PIK) has a EV-to-OCF of 9.63 as of Aug. 05, 2026. This is 35% below median its historical median of 14.75. Over the past decade, Pick N Pay Stores' EV-to-OCF has ranged from 8.82 to 48.20. According to the industry distribution chart, Pick N Pay Stores ranks #673 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 59.3%.
Is Pick N Pay Stores' EV-to-OCF too high?
Pick N Pay Stores' current EV-to-OCF of 9.63 is 35% below median its 10-year median of 14.75. Over the past 10 years, this metric has ranged from a low of 8.82 to a high of 48.20. The Retail - Cyclical industry median EV-to-OCF is 7.12. Pick N Pay Stores' value of 9.63 is 35.3% above this industry median. Based on the distribution chart, Pick N Pay Stores ranks #673 out of 1134 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Pick N Pay Stores has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pick N Pay Stores' EV-to-OCF compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Pick N Pay Stores ranks #673 out of 1134 companies for EV-to-OCF. This places Pick N Pay Stores in the lower half of its industry. The industry median EV-to-OCF is 7.12. Pick N Pay Stores' value of 9.63 is 35.3% above this benchmark. Historically, Pick N Pay Stores' own EV-to-OCF has ranged from 8.82 to 48.20 over the past decade. While the company's 10-year median is 14.75 vs. the industry median of 7.12, Pick N Pay Stores 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 a Retail - Cyclical company?
The median EV-to-OCF among Retail - Cyclical companies is 7.12, based on 1,134 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. Pick N Pay Stores's current EV-to-OCF of 9.63 is 35.3% 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 Retail - Cyclical industry, the median EV-to-OCF is 7.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pick N Pay Stores's current EV-to-OCF is 9.63, which is 35% below median its own 10-year median of 14.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pick N Pay Stores stock overvalued right now?
Based on GuruFocus' analysis, Pick N Pay Stores (JSE:PIK) is currently considered Modestly Undervalued. The stock's GF Value™ is R24.30, compared to a current price of R18.78 — trading 22.7% below its estimated fair value. The current EV-to-OCF is 9.63, which is 35% below median its 10-year median of 14.75 and 35.3% above the Retail - Cyclical industry median of 7.12. Pick N Pay Stores' overall GF Score™ is 63/100 with 2 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 Pick N Pay Stores (JSE:PIK), the current EV-to-OCF is 9.63 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.
Is Pick N Pay Stores (JSE:PIK) Overvalued in 2026?
Based on GuruFocus' analysis, Pick N Pay Stores stock appears to be undervalued.
The current stock price of R18.78 is trading 22.7% below its estimated GF Value™ of R24.30.
GuruFocus considers Pick N Pay Stores to be Modestly Undervalued.
Key valuation signals for JSE:PIK:
EV-to-OCF: 9.63 (35% below median its 10-year median of 14.75)
GF Value™: R24.30 vs. price of R18.78 (22.7% below fair value)
Industry Position: 35.3% above the Retail - Cyclical median (#673 of 1134)
No single metric tells the full story. See the JSE:PIK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pick N Pay Stores Ltd is a South African multiformat and multichannel retailer. The company operates in South Africa, Namibia, Botswana, Zambia, Mauritius, Swaziland, and Lesotho. The company offers food and groceries, clothing, general merchandise, and services across multiple store formats, both franchised and owned. The customer base is mainly represented by middle-income South African consumer. The portfolio of stores is composed of supermarkets, hypermarkets, local shops, express shops, clothing shops, liquor stores, and others.
63GF Score
Get the complete analysis for JSE:PIK
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
JSE:PIK has been successfully added to your 
