Polar Capital Technology Trust (LSE:PCT) EV-to-OCF: 10.95 (As of Aug. 13, 2026) — 66% Below Median

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.

LSE:PCT Polar Capital Technology Trust PLC LSE:PCT
41 GF Score
Price £6.77
! 4 Warning Signs
View Full Analysis

What is Polar Capital Technology Trust EV-to-OCF?

Polar Capital Technology Trust LSE:PCT +2.03% 41 EV-to-OCF is 10.95 as of Aug. 13, 2026, which is 66% below its 10-year median of 31.76. GuruFocus rates LSE:PCT with a GF Score™ of 41/100. The stock has 4 warning signs investors should review. Among 1,500 Asset Management companies, Polar Capital Technology Trust ranks worse than 61.07% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Polar Capital Technology Trust's Enterprise Value is £6,985 Mil. Polar Capital Technology Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was £638 Mil. Therefore, Polar Capital Technology Trust's EV-to-OCF for today is 10.95.

The historical rank and industry rank for Polar Capital Technology Trust's EV-to-OCF or its related term are showing as below:

LSE:PCT' s EV-to-OCF Range Over the Past 10 Years
Min: -85.49   Med: 31.76   Max: 501.08
Current: 10.95

During the past 13 years, the highest EV-to-OCF of Polar Capital Technology Trust was 501.08. The lowest was -85.49. And the median was 31.76.

LSE:PCT's EV-to-OCF is ranked worse than
61.07% of 1500 companies
in the Asset Management industry
Industry Median: 5.9 vs LSE:PCT: 10.95

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 (2026-08-13), Polar Capital Technology Trust's stock price is £6.77. Polar Capital Technology Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was £3.304. Therefore, Polar Capital Technology Trust's PE Ratio (TTM) for today is 2.05.


Polar Capital Technology Trust  (LSE:PCT) 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.

Polar Capital Technology Trust's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.77/3.304
=2.05

Polar Capital Technology Trust's share price for today is £6.77.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Technology Trust's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was £3.304.

* 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.


Polar Capital Technology Trust EV-to-OCF Related Terms


Polar Capital Technology Trust EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Polar Capital Technology Trust'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.

Polar Capital Technology Trust EV-to-OCF Chart

Polar Capital Technology Trust Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.67 58.74 372.54 18.58 9.74

Polar Capital Technology Trust Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 372.54 0.00 18.58 0.00 9.74

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

For the Asset Management subindustry, Polar Capital Technology Trust'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.


Polar Capital Technology Trust EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Technology Trust's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Polar Capital Technology Trust's EV-to-OCF falls into.


LSE:PCT
41GF Score
Polar Capital Technology Trust PLC LSE:PCT
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Polar Capital Technology Trust EV-to-OCF Calculation

Polar Capital Technology Trust's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6984.612/638.072
=10.95

Polar Capital Technology Trust's current Enterprise Value is £6,985 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Polar Capital Technology Trust's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was £638 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 10.95 mean?
Polar Capital Technology Trust (LSE:PCT) has a EV-to-OCF of 10.95 as of Aug. 13, 2026. This is 66% below median its historical median of 31.76. According to the industry distribution chart, Polar Capital Technology Trust ranks #916 out of 1500 companies in the Asset Management industry, placing it in the top 61.1%.
Is Polar Capital Technology Trust's EV-to-OCF too high?
Polar Capital Technology Trust's current EV-to-OCF of 10.95 is 66% below median its 10-year median of 31.76. The Asset Management industry median EV-to-OCF is 5.90. Polar Capital Technology Trust's value of 10.95 is 85.6% above this industry median. Based on the distribution chart, Polar Capital Technology Trust ranks #916 out of 1500 companies in the Asset Management industry, which is below the industry midpoint. Overall, Polar Capital Technology Trust has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Polar Capital Technology Trust's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Polar Capital Technology Trust ranks #916 out of 1500 companies for EV-to-OCF. This places Polar Capital Technology Trust in the lower half of its industry. The industry median EV-to-OCF is 5.90. Polar Capital Technology Trust's value of 10.95 is 85.6% above this benchmark. While the company's 10-year median is 31.76 vs. the industry median of 5.90, Polar Capital Technology Trust 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 5.90, 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. Polar Capital Technology Trust's current EV-to-OCF of 10.95 is 85.6% 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 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Capital Technology Trust's current EV-to-OCF is 10.95, which is 66% below median its own 10-year median of 31.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Capital Technology Trust stock overvalued right now?
Polar Capital Technology Trust (LSE:PCT) has a current EV-to-OCF of 10.95. The current EV-to-OCF is 10.95, which is 66% below median its 10-year median of 31.76 and 85.6% above the Asset Management industry median of 5.90. Polar Capital Technology Trust's overall GF Score™ is 41/100 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 Polar Capital Technology Trust (LSE:PCT), the current EV-to-OCF is 10.95 as of Aug. 13, 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.

Polar Capital Technology Trust Business Description

Address 16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Technology Trust PLC is a UK-based investment trust company. The company has an investment objective to achieve long-term capital growth by investing in a diversified portfolio of technology companies world-wide. Geographically, the company generates investment income from North America, Europe, and the Asia Pacific region. It invests in sectors such as Software, Interactive Media and Services, Semiconductors and Semiconductor Equipment, Technology Hardware, Storage and Peripherals, Internet and Direct Marketing Retail, IT Services, Entertainment, and others.
41GF Score

Get the complete analysis for LSE:PCT

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

£6.77
Price