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Spiltan InvestNGM:SPLTN -0.54%70 EV-to-OCF is 23.66 as of Sep. 04, 2026, which is 63% below its 10-year median of 63.77. GuruFocus rates NGM:SPLTN with a GF Score™ of 70/100 and a GF Value™ of kr354.48 (Significantly Undervalued). Among 1,504 Asset Management companies, Spiltan Invest ranks worse than 80.25% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Spiltan Invest's Enterprise Value is kr5,334.0 Mil.
Spiltan Invest's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr225.5 Mil. Therefore, Spiltan Invest's EV-to-OCF for today is 23.66.
The historical rank and industry rank for Spiltan Invest's EV-to-OCF or its related term are showing as below:
NGM:SPLTN'
s EV-to-OCF Range Over the Past 10 Years
Min: 15.06 Med: 63.77 Max: 288.01
Current: 23.68
During the past 7 years, the highest EV-to-OCF of Spiltan Invest was 288.01. The lowest was 15.06. And the median was 63.77.
NGM:SPLTN's EV-to-OCF is ranked worse than 80.25% of 1504
companies
in the Asset Management industry
Industry Median: 5.62
vs NGM:SPLTN: 23.68
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.
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.
Spiltan Invest's PE Ratio (TTM) for today is calculated as:
Spiltan Invest's share price for today is kr183.80.
Spiltan Invest'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 kr-28.100.
* 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.
Spiltan Invest EV-to-OCF Related Terms
Spiltan Invest EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Spiltan Invest'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 Asset Management subindustry, Spiltan Invest'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.
Spiltan Invest EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Spiltan Invest's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Spiltan Invest's EV-to-OCF falls into.
Spiltan Invest's current Enterprise Value is kr5,334.0 Mil.
Spiltan Invest'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 kr225.5 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.
Spiltan Invest (NGM:SPLTN) has a EV-to-OCF of 23.66 as of Sep. 04, 2026. This is 63% below median its historical median of 63.77. Over the past decade, Spiltan Invest's EV-to-OCF has ranged from 15.06 to 288.01. According to the industry distribution chart, Spiltan Invest ranks #1207 out of 1504 companies in the Asset Management industry, placing it in the top 80.3%.
Is Spiltan Invest's EV-to-OCF too high?
Spiltan Invest's current EV-to-OCF of 23.66 is 63% below median its 10-year median of 63.77. Over the past 10 years, this metric has ranged from a low of 15.06 to a high of 288.01. The Asset Management industry median EV-to-OCF is 5.62. Spiltan Invest's value of 23.66 is 321% above this industry median. Based on the distribution chart, Spiltan Invest ranks #1207 out of 1504 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Spiltan Invest has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Spiltan Invest's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Spiltan Invest ranks #1207 out of 1504 companies for EV-to-OCF. This places Spiltan Invest in the lower half of its industry. The industry median EV-to-OCF is 5.62. Spiltan Invest's value of 23.66 is 321% above this benchmark. Historically, Spiltan Invest's own EV-to-OCF has ranged from 15.06 to 288.01 over the past decade. While the company's 10-year median is 63.77 vs. the industry median of 5.62, Spiltan Invest 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 5.62, based on 1,504 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. Spiltan Invest's current EV-to-OCF of 23.66 is 321% 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 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spiltan Invest's current EV-to-OCF is 23.66, which is 63% below median its own 10-year median of 63.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spiltan Invest stock overvalued right now?
Based on GuruFocus' analysis, Spiltan Invest (NGM:SPLTN) is currently considered Significantly Undervalued. The stock's GF Value™ is kr354.48, compared to a current price of kr183.80 — trading 48.1% below its estimated fair value. The current EV-to-OCF is 23.66, which is 63% below median its 10-year median of 63.77 and 321% above the Asset Management industry median of 5.62. Spiltan Invest's overall GF Score™ is 70/100. 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 Spiltan Invest (NGM:SPLTN), the current EV-to-OCF is 23.66 as of Sep. 04, 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 Spiltan Invest (NGM:SPLTN) Overvalued in 2026?
Based on GuruFocus' analysis, Spiltan Invest stock appears to be undervalued.
The current stock price of kr183.80 is trading 48.1% below its estimated GF Value™ of kr354.48.
GuruFocus considers Spiltan Invest to be Significantly Undervalued.
Key valuation signals for NGM:SPLTN:
EV-to-OCF: 23.66 (63% below median its 10-year median of 63.77)
GF Value™: kr354.48 vs. price of kr183.80 (48.1% below fair value)
Industry Position: 321% above the Asset Management median (#1207 of 1504)
No single metric tells the full story. See the NGM:SPLTN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Investment AB Spiltan is an investment company that invests in listed and unlisted Swedish growth companies. It currently owns a portfolio consisting of tech, finance, real estate and industry.
70GF Score
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