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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, TotalEnergies SE's Enterprise Value is MXN3,150,752 Mil.
TotalEnergies SE's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was MXN591,763 Mil. Therefore, TotalEnergies SE's EV-to-OCF for today is 5.32.
The historical rank and industry rank for TotalEnergies SE's EV-to-OCF or its related term are showing as below:
MEX:TOT N'
s EV-to-OCF Range Over the Past 10 Years
Min: 2.79 Med: 6.75 Max: 12.36
Current: 6.82
During the past 13 years, the highest EV-to-OCF of TotalEnergies SE was 12.36. The lowest was 2.79. And the median was 6.75.
MEX:TOT N's EV-to-OCF is ranked worse than 56.82% of 1026
companies
in the Oil & Gas industry
Industry Median: 5.67
vs MEX:TOT N: 6.82
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.
TotalEnergies SE (MEX:TOT N) 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.
TotalEnergies SE's PE Ratio (TTM) for today is calculated as:
TotalEnergies SE's share price for today is MXN1195.56.
TotalEnergies SE'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 MXN30.305.
* 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.
TotalEnergies SE EV-to-OCF Related Terms
TotalEnergies SE EV-to-OCF Historical Data
* Premium members only.
The historical data trend for TotalEnergies SE'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 Integrated subindustry, TotalEnergies SE'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.
TotalEnergies SE EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TotalEnergies SE's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where TotalEnergies SE's EV-to-OCF falls into.
TotalEnergies SE's current Enterprise Value is MXN3,150,752 Mil.
TotalEnergies SE'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 MXN591,763 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.
TotalEnergies SE (MEX:TOT N) has a EV-to-OCF of 5.32 as of Aug. 10, 2026. This is 21% below median its historical median of 6.75. Over the past decade, TotalEnergies SE's EV-to-OCF has ranged from 2.79 to 12.36. According to the industry distribution chart, TotalEnergies SE ranks #583 out of 1026 companies in the Oil & Gas industry, placing it in the top 56.8%.
Is TotalEnergies SE's EV-to-OCF too high?
TotalEnergies SE's current EV-to-OCF of 5.32 is 21% below median its 10-year median of 6.75. Over the past 10 years, this metric has ranged from a low of 2.79 to a high of 12.36. The Oil & Gas industry median EV-to-OCF is 5.67. TotalEnergies SE's value of 5.32 is 6.2% below this industry median. Based on the distribution chart, TotalEnergies SE ranks #583 out of 1026 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, TotalEnergies SE has a GF Score™ of 76/100, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies SE's EV-to-OCF compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, TotalEnergies SE ranks #583 out of 1026 companies for EV-to-OCF. This places TotalEnergies SE in the lower half of its industry. The industry median EV-to-OCF is 5.67. TotalEnergies SE's value of 5.32 is 6.2% below this benchmark. Historically, TotalEnergies SE's own EV-to-OCF has ranged from 2.79 to 12.36 over the past decade. While the company's 10-year median is 6.75 vs. the industry median of 5.67, TotalEnergies SE 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 an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.67, based on 1,026 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. TotalEnergies SE's current EV-to-OCF of 5.32 is 6.2% 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 Oil & Gas industry, the median EV-to-OCF is 5.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies SE's current EV-to-OCF is 5.32, which is 21% below median its own 10-year median of 6.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies SE stock overvalued right now?
TotalEnergies SE (MEX:TOT N) has a current EV-to-OCF of 5.32. The stock's GF Value™ is MXN946.73, compared to a current price of MXN1,195.56 — trading 26.3% above its estimated fair value. The current EV-to-OCF is 5.32, which is 21% below median its 10-year median of 6.75 and 6.2% below the Oil & Gas industry median of 5.67. TotalEnergies SE's overall GF Score™ is 76/100 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 TotalEnergies SE (MEX:TOT N), the current EV-to-OCF is 5.32 as of Aug. 10, 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 TotalEnergies SE (MEX:TOT N) Overvalued in 2026?
Based on GuruFocus' analysis, TotalEnergies SE stock appears to be overvalued.
The current stock price of MXN1,195.56 is trading 26.3% above its estimated GF Value™ of MXN946.73.
Key valuation signals for MEX:TOT N:
EV-to-OCF: 5.32 (21% below median its 10-year median of 6.75)
GF Value™: MXN946.73 vs. price of MXN1,195.56 (26.3% above fair value)
Industry Position: 6.2% below the Oil & Gas median (#583 of 1026)
No single metric tells the full story. See the MEX:TOT N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 5.4 billion cubic feet of natural gas per day. At the end of 2025, reserves stood at 11.2 billion barrels of oil equivalent, 55% of which are liquids. During 2025, it had LNG sales of 43.9 million metric tons. The company owns interests in refineries with a capacity of nearly 1.8 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. At year-end, its gross installed renewable power generation capacity was 34 gigawatts.
76GF Score
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