Impax Environmental Markets (LSE:IEM) EV-to-OCF: 29.28 (As of Sep. 15, 2026) — 87% Below Median

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LSE:IEM Impax Environmental Markets PLC LSE:IEM
33 GF Score
Price £4.30
! 4 Warning Signs
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What is Impax Environmental Markets EV-to-OCF?

Impax Environmental Markets LSE:IEM -3.59% 33 EV-to-OCF is 29.28 as of Sep. 15, 2026, which is 87% below its 10-year median of 218.98. GuruFocus rates LSE:IEM with a GF Score™ of 33/100. The stock has 4 warning signs investors should review. Among 1,496 Asset Management companies, Impax Environmental Markets ranks worse than 84.16% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Impax Environmental Markets's Enterprise Value is £243.54 Mil. Impax Environmental Markets's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £8.32 Mil. Therefore, Impax Environmental Markets's EV-to-OCF for today is 29.28.

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

LSE:IEM' s EV-to-OCF Range Over the Past 10 Years
Min: 23.82   Med: 218.98   Max: 1452.01
Current: 30.02

During the past 13 years, the highest EV-to-OCF of Impax Environmental Markets was 1452.01. The lowest was 23.82. And the median was 218.98.

LSE:IEM's EV-to-OCF is ranked worse than
84.16% of 1496 companies
in the Asset Management industry
Industry Median: 5.465 vs LSE:IEM: 30.02

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 (2026-09-15), Impax Environmental Markets's stock price is £4.30. Impax Environmental Markets's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.069. Therefore, Impax Environmental Markets's PE Ratio (TTM) for today is At Loss.


Impax Environmental Markets  (LSE:IEM) 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.

Impax Environmental Markets's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.30/-0.069
=At Loss

Impax Environmental Markets's share price for today is £4.30.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Impax Environmental Markets's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was £-0.069.

* 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.


Impax Environmental Markets EV-to-OCF Related Terms


Impax Environmental Markets EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Impax Environmental Markets'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.

Impax Environmental Markets EV-to-OCF Chart

Impax Environmental Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,195.21 398.63 203.28 291.58 252.35

Impax Environmental Markets Semi-Annual Data
Jun16 Dec16 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 0.00 0.00 0.00 0.00 0.00

LSE:IEM vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, Impax Environmental Markets'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.


Impax Environmental Markets EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Impax Environmental Markets's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Impax Environmental Markets's EV-to-OCF falls into.


LSE:IEM
33GF Score
Impax Environmental Markets PLC LSE:IEM
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Impax Environmental Markets EV-to-OCF Calculation

Impax Environmental Markets's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=243.543/8.319
=29.28

Impax Environmental Markets's current Enterprise Value is £243.54 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Impax Environmental Markets's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was £8.32 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 29.28 mean?
Impax Environmental Markets (LSE:IEM) has a EV-to-OCF of 29.28 as of Sep. 15, 2026. This is 87% below median its historical median of 218.98. Over the past decade, Impax Environmental Markets' EV-to-OCF has ranged from 23.82 to 1,452.01. According to the industry distribution chart, Impax Environmental Markets ranks #1259 out of 1496 companies in the Asset Management industry, placing it in the top 84.2%.
Is Impax Environmental Markets' EV-to-OCF too high?
Impax Environmental Markets' current EV-to-OCF of 29.28 is 87% below median its 10-year median of 218.98. Over the past 10 years, this metric has ranged from a low of 23.82 to a high of 1,452.01. The Asset Management industry median EV-to-OCF is 5.47. Impax Environmental Markets' value of 29.28 is 435.8% above this industry median. Based on the distribution chart, Impax Environmental Markets ranks #1259 out of 1496 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Impax Environmental Markets has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Impax Environmental Markets' EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Impax Environmental Markets ranks #1259 out of 1496 companies for EV-to-OCF. This places Impax Environmental Markets in the lower half of its industry. The industry median EV-to-OCF is 5.47. Impax Environmental Markets' value of 29.28 is 435.8% above this benchmark. Historically, Impax Environmental Markets' own EV-to-OCF has ranged from 23.82 to 1,452.01 over the past decade. While the company's 10-year median is 218.98 vs. the industry median of 5.47, Impax Environmental Markets 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.47, based on 1,496 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. Impax Environmental Markets's current EV-to-OCF of 29.28 is 435.8% 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 Asset Management industry, the median EV-to-OCF is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Impax Environmental Markets's current EV-to-OCF is 29.28, which is 87% below median its own 10-year median of 218.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Impax Environmental Markets stock overvalued right now?
Impax Environmental Markets (LSE:IEM) has a current EV-to-OCF of 29.28. The current EV-to-OCF is 29.28, which is 87% below median its 10-year median of 218.98 and 435.8% above the Asset Management industry median of 5.47. Impax Environmental Markets' overall GF Score™ is 33/100 with 4 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 Impax Environmental Markets (LSE:IEM), the current EV-to-OCF is 29.28 as of Sep. 15, 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.

Impax Environmental Markets Business Description

Other Exchanges IEMl:UK
Address One Fleet Place, London, GBR, EC4M 7WS
Impax Environmental Markets PLC is an investment trust company that is engaged in portfolio management. The company's investment objective is to enable investors to benefit from growth in the markets for cleaner or more efficient delivery of basic services of energy, water, and waste. It invests in quoted companies that provide, utilize, implement, or advise upon technology-based systems, products, or services in environmental markets, particularly those of alternative energy and energy efficiency, water treatment and pollution control, and waste technology and resource management.
33GF Score

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

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