SPB Exchange PJSC (MIC:SPBE) EV-to-OCF: -0.53 (As of Aug. 12, 2026)

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.

MIC:SPBE SPB Exchange PJSC MIC:SPBE
23 GF Score
Price ₽128.60
View Full Analysis

What is SPB Exchange PJSC EV-to-OCF?

SPB Exchange PJSC MIC:SPBE -5.23% 23 EV-to-OCF is -0.53 as of Aug. 12, 2026. GuruFocus rates MIC:SPBE with a GF Score™ of 23/100.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, SPB Exchange PJSC's Enterprise Value is ₽1,373.0 Mil. SPB Exchange PJSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-2,593.1 Mil. Therefore, SPB Exchange PJSC's EV-to-OCF for today is -0.53.

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

MIC:SPBE's EV-to-OCF is not ranked *
in the Capital Markets industry.
Industry Median: -0.23
* Ranked among companies with meaningful EV-to-OCF only.

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 (2026-08-12), SPB Exchange PJSC's stock price is ₽128.60. SPB Exchange PJSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was ₽4.370. Therefore, SPB Exchange PJSC's PE Ratio (TTM) for today is 29.43.


SPB Exchange PJSC  (MIC:SPBE) 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.

SPB Exchange PJSC's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=128.60/4.370
=29.43

SPB Exchange PJSC's share price for today is ₽128.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SPB Exchange PJSC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was ₽4.370.

* 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.


SPB Exchange PJSC EV-to-OCF Related Terms


SPB Exchange PJSC EV-to-OCF Historical Data

* Premium members only.

The historical data trend for SPB Exchange PJSC'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.

SPB Exchange PJSC EV-to-OCF Chart

SPB Exchange PJSC Annual Data
Trend Dec19 Dec20 Dec21
EV-to-OCF
0.00 0.00 533.66

SPB Exchange PJSC Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
EV-to-OCF Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
MIC:SPBE
23GF Score
SPB Exchange PJSC MIC:SPBE
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPB Exchange PJSC EV-to-OCF Calculation

SPB Exchange PJSC's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1372.977/-2593.139
=-0.53

SPB Exchange PJSC's current Enterprise Value is ₽1,373.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. SPB Exchange PJSC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2023 was ₽-2,593.1 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 -0.53 mean?
SPB Exchange PJSC (MIC:SPBE) has a EV-to-OCF of -0.53 as of Aug. 12, 2026.
Is SPB Exchange PJSC's EV-to-OCF too high?
SPB Exchange PJSC's current EV-to-OCF is -0.53. Overall, SPB Exchange PJSC has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does SPB Exchange PJSC's EV-to-OCF compare to SPGI and CME?
SPB Exchange PJSC's EV-to-OCF of -0.53 can be compared against companies in the Capital Markets industry. 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 Capital Markets company?
A good EV-to-OCF depends on the Capital Markets industry context. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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. SPB Exchange PJSC's current EV-to-OCF is -0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPB Exchange PJSC stock overvalued right now?
SPB Exchange PJSC (MIC:SPBE) has a current EV-to-OCF of -0.53. The current EV-to-OCF is -0.53. SPB Exchange PJSC's overall GF Score™ is 23/100. 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 SPB Exchange PJSC (MIC:SPBE), the current EV-to-OCF is -0.53 as of Aug. 12, 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.

SPB Exchange PJSC Business Description

Address 38 Dolgorukovskaya Street, Building 1, Moscow, RUS, 127006
SPB Exchange PJSC is an exchange for international securities in the Russian financial market. It operates according to a business-to-business and business-to-customer model, simultaneously focusing on retail investors and financial intermediaries as direct customers. The company provides access to investment products for Russian and international investors, operating through its trading infrastructure and order-routing mechanisms.
23GF Score

Get the complete analysis for MIC:SPBE

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

₽128.60
Price