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Macy'sMEX:M 64 EV-to-OCF is 5.75 as of Jul. 31, 2026, which is 20% below its 10-year median of 7.23. GuruFocus rates MEX:M with a GF Score™ of 64/100 and a GF Value™ of MXN283.30 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,134 Retail - Cyclical companies, Macy's ranks better than 56.26% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Macy's's Enterprise Value is MXN180,971 Mil.
Macy's's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 was MXN31,487 Mil. Therefore, Macy's's EV-to-OCF for today is 5.75.
The historical rank and industry rank for Macy's's EV-to-OCF or its related term are showing as below:
MEX:M'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.13 Med: 7.23 Max: 19.23
Current: 5.81
During the past 13 years, the highest EV-to-OCF of Macy's was 19.23. The lowest was 4.13. And the median was 7.23.
MEX:M's EV-to-OCF is ranked better than 56.26% of 1134
companies
in the Retail - Cyclical industry
Industry Median: 7.09
vs MEX:M: 5.81
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 (2026-07-31), Macy's's stock price is MXN430.00.
Macy's's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was MXN43.011. Therefore, Macy's's PE Ratio (TTM) for today is 10.00.
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.
Macy's's share price for today is MXN430.00.
Macy's's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN43.011.
* 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.
Macy's EV-to-OCF Related Terms
Macy's EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Macy's'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 Department Stores subindustry, Macy's'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.
Macy's EV-to-OCF vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Macy's's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Macy's's EV-to-OCF falls into.
Macy's's current Enterprise Value is MXN180,971 Mil.
Macy's's Cash Flow from Operations for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN31,487 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.
Macy's (MEX:M) has a EV-to-OCF of 5.75 as of Jul. 31, 2026. This is 20% below median its historical median of 7.23. Over the past decade, Macy's' EV-to-OCF has ranged from 4.13 to 19.23. According to the industry distribution chart, Macy's ranks #496 out of 1134 companies in the Retail - Cyclical industry, placing it in the top 43.7%.
Is Macy's' EV-to-OCF too high?
Macy's' current EV-to-OCF of 5.75 is 20% below median its 10-year median of 7.23. Over the past 10 years, this metric has ranged from a low of 4.13 to a high of 19.23. The Retail - Cyclical industry median EV-to-OCF is 7.09. Macy's' value of 5.75 is 18.9% below this industry median. Based on the distribution chart, Macy's ranks #496 out of 1134 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Macy's has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Macy's' EV-to-OCF compare to DDS and PLBL?
According to the Retail - Cyclical industry distribution chart, Macy's ranks #496 out of 1134 companies for EV-to-OCF. This puts Macy's in the upper half of its industry. The industry median EV-to-OCF is 7.09. Macy's' value of 5.75 is 18.9% below this benchmark. Historically, Macy's' own EV-to-OCF has ranged from 4.13 to 19.23 over the past decade. While the company's 10-year median is 7.23 vs. the industry median of 7.09, Macy's has consistently been below 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 a Retail - Cyclical company?
The median EV-to-OCF among Retail - Cyclical companies is 7.09, based on 1,134 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. Macy's's current EV-to-OCF of 5.75 is 18.9% below 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 Retail - Cyclical industry, the median EV-to-OCF is 7.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Macy's's current EV-to-OCF is 5.75, which is 20% below median its own 10-year median of 7.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Macy's stock overvalued right now?
Based on GuruFocus' analysis, Macy's (MEX:M) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN283.30, compared to a current price of MXN430.00 — trading 51.8% above its estimated fair value. The current EV-to-OCF is 5.75, which is 20% below median its 10-year median of 7.23 and 18.9% below the Retail - Cyclical industry median of 7.09. Macy's' overall GF Score™ is 64/100 with 8 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 Macy's (MEX:M), the current EV-to-OCF is 5.75 as of Jul. 31, 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 Macy's (MEX:M) Overvalued in 2026?
Based on GuruFocus' analysis, Macy's stock appears to be overvalued.
The current stock price of MXN430.00 is trading 51.8% above its estimated GF Value™ of MXN283.30.
GuruFocus considers Macy's to be Significantly Overvalued.
Key valuation signals for MEX:M:
EV-to-OCF: 5.75 (20% below median its 10-year median of 7.23)
GF Value™: MXN283.30 vs. price of MXN430.00 (51.8% above fair value)
Industry Position: 18.9% below the Retail - Cyclical median (#496 of 1134)
No single metric tells the full story. See the MEX:M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 1858 and based in New York City, Macy's operates about 430 eponymous stores, 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's names, and 170 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances constituted 64% of 2025 net retail sales.
64GF Score
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