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Indus GasLSE:INDI -32.00% EV-to-OCF is 106.58 as of Sep. 07, 2026, which is 363% above its 10-year median of 23.03. The stock has 6 warning signs investors should review.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Indus Gas's Enterprise Value is £660.17 Mil.
Indus Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was £6.19 Mil. Therefore, Indus Gas's EV-to-OCF for today is 106.58.
The historical rank and industry rank for Indus Gas's EV-to-OCF or its related term are showing as below:
LSE:INDI'
s EV-to-OCF Range Over the Past 10 Years
Min: 23.02 Med: 23.03 Max: 104.17
Current: 104.17
During the past 13 years, the highest EV-to-OCF of Indus Gas was 104.17. The lowest was 23.02. And the median was 23.03.
LSE:INDI's EV-to-OCF is not ranked
in the Oil & Gas industry.
Industry Median: 5.815
vs LSE:INDI: 104.17
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.
Indus Gas's share price for today is £0.0136.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Indus Gas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2025 was £-1.510.
* 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.
Indus Gas EV-to-OCF Related Terms
Indus Gas EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Indus Gas'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 Oil & Gas E&P subindustry, Indus Gas'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.
Indus Gas EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Indus Gas's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Indus Gas's EV-to-OCF falls into.
Indus Gas's current Enterprise Value is £660.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Indus Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2025 was £6.19 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.
Indus Gas (LSE:INDI) has a EV-to-OCF of 106.58 as of Sep. 07, 2026. This is 363% above median its historical median of 23.03. Over the past decade, Indus Gas' EV-to-OCF has ranged from 23.02 to 104.17.
Is Indus Gas' EV-to-OCF too high?
Indus Gas' current EV-to-OCF of 106.58 is 363% above median its 10-year median of 23.03. Over the past 10 years, this metric has ranged from a low of 23.02 to a high of 104.17. The Oil & Gas industry median EV-to-OCF is 5.82. Indus Gas' value of 106.58 is 1732.8% above this industry median.
How does Indus Gas' EV-to-OCF compare to COP and EOG?
Indus Gas' EV-to-OCF of 106.58 can be compared against companies in the Oil & Gas industry. The industry median EV-to-OCF is 5.82. Indus Gas' value of 106.58 is 1732.8% above this benchmark. Historically, Indus Gas' own EV-to-OCF has ranged from 23.02 to 104.17 over the past decade. While the company's 10-year median is 23.03 vs. the industry median of 5.82, Indus Gas 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 Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.82, based on 1,020 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. Indus Gas's current EV-to-OCF of 106.58 is 1732.8% 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 Oil & Gas industry, the median EV-to-OCF is 5.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indus Gas's current EV-to-OCF is 106.58, which is 363% above median its own 10-year median of 23.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indus Gas stock overvalued right now?
Indus Gas (LSE:INDI) has a current EV-to-OCF of 106.58. The stock's GF Value™ is £0.14, compared to a current price of £0.01 — trading 90.3% below its estimated fair value. The current EV-to-OCF is 106.58, which is 363% above median its 10-year median of 23.03 and 1732.8% above the Oil & Gas industry median of 5.82. 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 Indus Gas (LSE:INDI), the current EV-to-OCF is 106.58 as of Sep. 07, 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.
Indus Gas Ltd is an oil and gas exploration and development company. It predominantly operates in India, focusing on exploration, development, production, distribution, and marketing of hydrocarbons, including natural gas. The company holds a participating interest in Block RJ-ON/6, an onshore petroleum concession in Rajasthan, India, covering a large area in the Indus Basin. Its operations involve partnerships with entities like Oil and Natural Gas Corporation Ltd. (ONGC) and Focus Energy Ltd., with ONGC having back-in rights for participating interests in discovered fields. Indus Gas sells natural gas prominently to GAIL (India) Ltd and continues to evaluate other opportunities in the oil and gas sector.
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