Fortis Frontier (LSE:FORF) EV-to-OCF: 1.48 (As of Jul. 23, 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.

What is Fortis Frontier EV-to-OCF?

Fortis Frontier LSE:FORF EV-to-OCF is 1.48 as of Jul. 23, 2026. The stock has 3 warning signs investors should review. Among 549 Diversified Financial Services companies, Fortis Frontier ranks worse than 82.7% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Fortis Frontier's Enterprise Value is £-2.40 Mil. Fortis Frontier's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.62 Mil. Therefore, Fortis Frontier's EV-to-OCF for today is 1.48.

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

LSE:FORF' s EV-to-OCF Range Over the Past 10 Years
Min: -13.23   Med: -1.69   Max: 3.68
Current: 1.48

During the past 13 years, the highest EV-to-OCF of Fortis Frontier was 3.68. The lowest was -13.23. And the median was -1.69.

LSE:FORF's EV-to-OCF is ranked worse than
82.7% of 549 companies
in the Diversified Financial Services industry
Industry Median: -33.25 vs LSE:FORF: 1.48

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 (2026-07-23), Fortis Frontier's stock price is £0.0825. Fortis Frontier's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.031. Therefore, Fortis Frontier's PE Ratio (TTM) for today is At Loss.


Fortis Frontier  (LSE:FORF) 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.

Fortis Frontier's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.0825/-0.031
=At Loss

Fortis Frontier's share price for today is £0.0825.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortis Frontier's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.031.

* 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.


Fortis Frontier EV-to-OCF Related Terms


Fortis Frontier EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Fortis Frontier'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.

Fortis Frontier EV-to-OCF Chart

Fortis Frontier Annual Data
Trend Jan16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.78 2.95 -1.15 -0.48 1.16

Fortis Frontier Semi-Annual Data
Dec15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -1.15 0.00 -0.48 0.00 1.16

LSE:FORF vs XXI, CCXI, DMII: EV-to-OCF Comparison

For the Shell Companies subindustry, Fortis Frontier'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.


Fortis Frontier EV-to-OCF vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Fortis Frontier's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Fortis Frontier's EV-to-OCF falls into.



Fortis Frontier EV-to-OCF Calculation

Fortis Frontier's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-2.396/-1.617
=1.48

Fortis Frontier's current Enterprise Value is £-2.40 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fortis Frontier's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £-1.62 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 1.48 mean?
Fortis Frontier (LSE:FORF) has a EV-to-OCF of 1.48 as of Jul. 23, 2026. According to the industry distribution chart, Fortis Frontier ranks #454 out of 549 companies in the Diversified Financial Services industry, placing it in the top 82.7%.
Is Fortis Frontier's EV-to-OCF too high?
Fortis Frontier's current EV-to-OCF is 1.48. Based on the distribution chart, Fortis Frontier ranks #454 out of 549 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers.
How does Fortis Frontier's EV-to-OCF compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Fortis Frontier ranks #454 out of 549 companies for EV-to-OCF. This places Fortis Frontier in the lower half of its industry. 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 Diversified Financial Services company?
A good EV-to-OCF depends on the Diversified Financial Services industry context. 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. Fortis Frontier's current EV-to-OCF is 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortis Frontier stock overvalued right now?
Fortis Frontier (LSE:FORF) has a current EV-to-OCF of 1.48. The stock's GF Value™ is £0.03, compared to a current price of £0.08 — trading 175% above its estimated fair value. The current EV-to-OCF is 1.48. 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 Fortis Frontier (LSE:FORF), the current EV-to-OCF is 1.48 as of Jul. 23, 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.

Fortis Frontier Business Description

Other Exchanges 0I10:Germany
Address c/o BPE Solicitors LLP, St James House, St James Square, Cheltenham, GBR, GL50 3PR
Fortis Frontier PLC is a cash shell company focused on maximising shareholder value.