Blackstone (MEX:BX) EV-to-OCF: 23.55 (As of Aug. 24, 2026) — Near 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.

MEX:BX Blackstone Inc MEX:BX
70 GF Score
Price MXN2,421.00
GF Value MXN3,594.44
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is Blackstone EV-to-OCF?

Blackstone MEX:BX +0.71% 70 EV-to-OCF is 23.55 as of Aug. 24, 2026, which is 5% below its 10-year median of 24.74. GuruFocus rates MEX:BX with a GF Score™ of 70/100 and a GF Value™ of MXN3,594.44 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,505 Asset Management companies, Blackstone ranks worse than 80.33% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Blackstone's Enterprise Value is MXN2,361,150 Mil. Blackstone's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was MXN100,281 Mil. Therefore, Blackstone's EV-to-OCF for today is 23.55.

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

MEX:BX' s EV-to-OCF Range Over the Past 10 Years
Min: -571.04   Med: 24.74   Max: 1253.18
Current: 24.89

During the past 13 years, the highest EV-to-OCF of Blackstone was 1253.18. The lowest was -571.04. And the median was 24.74.

MEX:BX's EV-to-OCF is ranked worse than
80.33% of 1505 companies
in the Asset Management industry
Industry Median: 5.87 vs MEX:BX: 24.89

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 (2026-08-24), Blackstone's stock price is MXN2421.00. Blackstone's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was MXN79.788. Therefore, Blackstone's PE Ratio (TTM) for today is 30.34.


Blackstone  (MEX:BX) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2421.00/79.788
=30.34

Blackstone's share price for today is MXN2421.00.
Blackstone's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN79.788.

* 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.


Blackstone EV-to-OCF Related Terms


Blackstone EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Blackstone'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.

Blackstone EV-to-OCF Chart

Blackstone 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 28.50 12.03 29.54 44.27 31.01

Blackstone Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 41.55 41.83 31.01 25.32 21.27

MEX:BX vs KKR, APO, STT: EV-to-OCF Comparison

For the Asset Management subindustry, Blackstone'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.


Blackstone EV-to-OCF vs Asset Management Industry

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

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


MEX:BX
70GF Score
Blackstone Inc MEX:BX
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Blackstone EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2361150.120/100280.708
=23.55

Blackstone's current Enterprise Value is MXN2,361,150 Mil.
Blackstone's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN100,281 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 23.55 mean?
Blackstone (MEX:BX) has a EV-to-OCF of 23.55 as of Aug. 24, 2026. This is near median its historical median of 24.74. According to the industry distribution chart, Blackstone ranks #1209 out of 1505 companies in the Asset Management industry, placing it in the top 80.3%.
Is Blackstone's EV-to-OCF too high?
Blackstone's current EV-to-OCF of 23.55 is near median its 10-year median of 24.74. The Asset Management industry median EV-to-OCF is 5.87. Blackstone's value of 23.55 is 301.2% above this industry median. Based on the distribution chart, Blackstone ranks #1209 out of 1505 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Blackstone has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Blackstone's EV-to-OCF compare to KKR and APO?
According to the Asset Management industry distribution chart, Blackstone ranks #1209 out of 1505 companies for EV-to-OCF. This places Blackstone in the lower half of its industry. The industry median EV-to-OCF is 5.87. Blackstone's value of 23.55 is 301.2% above this benchmark. While the company's 10-year median is 24.74 vs. the industry median of 5.87, Blackstone 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 5.87, based on 1,505 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. Blackstone's current EV-to-OCF of 23.55 is 301.2% 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 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blackstone's current EV-to-OCF is 23.55, which is near median its own 10-year median of 24.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blackstone stock overvalued right now?
Based on GuruFocus' analysis, Blackstone (MEX:BX) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,594.44, compared to a current price of MXN2,421.00 — trading 32.6% below its estimated fair value. The current EV-to-OCF is 23.55, which is near median its 10-year median of 24.74 and 301.2% above the Asset Management industry median of 5.87. Blackstone's overall GF Score™ is 70/100 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 Blackstone (MEX:BX), the current EV-to-OCF is 23.55 as of Aug. 24, 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.

Is Blackstone (MEX:BX) Overvalued in 2026?

Based on GuruFocus' analysis, Blackstone stock appears to be undervalued. The current stock price of MXN2,421.00 is trading 32.6% below its estimated GF Value™ of MXN3,594.44. GuruFocus considers Blackstone to be Significantly Undervalued.

Key valuation signals for MEX:BX:

  • EV-to-OCF: 23.55 (near median its 10-year median of 24.74)
  • GF Value™: MXN3,594.44 vs. price of MXN2,421.00 (32.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 301.2% above the Asset Management median (#1209 of 1505)

No single metric tells the full story. See the MEX:BX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Blackstone Business Description

Address 345 Park Avenue, New York, NY, USA, 10154
Blackstone is the world's largest alternative-asset manager with $1.304 trillion in total assets under management, including $937.6 billion in fee-earning assets under management, at the end of March 2026. The company operates with scale in each of its major product lines: private equity (27% of fee-earning AUM and 34% of base management fees), real estate/real assets (30% and 33%), credit and insurance (33% and 26%), and other alternatives (10% and 7%). While the firm primarily serves institutional investors (84% of AUM), it also caters to clients in the high-net-worth channel (16%). Blackstone operates through 25 offices in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
70GF Score

Get the complete analysis for MEX:BX

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

MXN2,421.00
Price
MXN3,594.44
GF Value