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Africa Opportunity FundLSE:AOF 36 EV-to-OCF is -46.53 as of Aug. 12, 2026. GuruFocus rates LSE:AOF with a GF Score™ of 36/100. The stock has 5 warning signs investors should review. Among 1,500 Asset Management companies, Africa Opportunity Fund ranks better than 88.33% on this metric.
The historical rank and industry rank for Africa Opportunity Fund's EV-to-OCF or its related term are showing as below:
LSE:AOF'
s EV-to-OCF Range Over the Past 10 Years
Min: -526.92 Med: 2.56 Max: 3110.69
Current: -46.53
During the past 13 years, the highest EV-to-OCF of Africa Opportunity Fund was 3110.69. The lowest was -526.92. And the median was 2.56.
LSE:AOF's EV-to-OCF is ranked better than 88.33% of 1500
companies
in the Asset Management industry
Industry Median: 5.945
vs LSE:AOF: -46.53
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.
Africa Opportunity Fund (LSE:AOF) 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.
Africa Opportunity Fund's PE Ratio (TTM) for today is calculated as:
Africa Opportunity Fund's share price for today is $0.80.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Africa Opportunity Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.309.
* 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, Africa Opportunity Fund'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.
Africa Opportunity Fund EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Africa Opportunity Fund's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Africa Opportunity Fund's EV-to-OCF falls into.
Africa Opportunity Fund's current Enterprise Value is $9.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Africa Opportunity Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.20 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.
Africa Opportunity Fund (LSE:AOF) has a EV-to-OCF of -46.53 as of Aug. 12, 2026. According to the industry distribution chart, Africa Opportunity Fund ranks #175 out of 1500 companies in the Asset Management industry, placing it in the top 11.7%.
Is Africa Opportunity Fund's EV-to-OCF too high?
Africa Opportunity Fund's current EV-to-OCF is -46.53. Based on the distribution chart, Africa Opportunity Fund ranks #175 out of 1500 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Africa Opportunity Fund has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Africa Opportunity Fund's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Africa Opportunity Fund ranks #175 out of 1500 companies for EV-to-OCF. This places Africa Opportunity Fund in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 5.95. 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 5.95, based on 1,500 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 5.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Africa Opportunity Fund's current EV-to-OCF is -46.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Africa Opportunity Fund stock overvalued right now?
Africa Opportunity Fund (LSE:AOF) has a current EV-to-OCF of -46.53. The current EV-to-OCF is -46.53. Africa Opportunity Fund's overall GF Score™ is 36/100 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 Africa Opportunity Fund (LSE:AOF), the current EV-to-OCF is -46.53 as of Aug. 12, 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.
Africa Opportunity Fund Ltd operates in the United Kingdom's financial service sector and is a closed-end investment company formed with the objective of achieving capital growth and income through investments in value, arbitrage, and special situations opportunities derived from the continent of Africa. The company is organized into one main operating segment, which invests in equity securities, debt instruments, and relative derivatives. All of the Companies activities are interrelated, and each activity is dependent on the others.
36GF Score
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