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New Jersey ResourcesNJR -2.41%73 EV-to-OCF is 14.08 as of Aug. 21, 2026, which is 26% below its 10-year median of 19.11. GuruFocus rates NJR with a GF Score™ of 73/100 and a GF Value™ of $53.96 (Fairly Valued). The stock has 8 warning signs investors should review. Among 504 Utilities - Regulated companies, New Jersey Resources ranks worse than 67.66% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, New Jersey Resources's Enterprise Value is $9,277 Mil.
New Jersey Resources's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $659 Mil. Therefore, New Jersey Resources's EV-to-OCF for today is 14.08.
The historical rank and industry rank for New Jersey Resources's EV-to-OCF or its related term are showing as below:
NJR'
s EV-to-OCF Range Over the Past 10 Years
Min: 12.04 Med: 19.11 Max: 39.35
Current: 14.08
During the past 13 years, the highest EV-to-OCF of New Jersey Resources was 39.35. The lowest was 12.04. And the median was 19.11.
NJR's EV-to-OCF is ranked worse than 67.66% of 504
companies
in the Utilities - Regulated industry
Industry Median: 10.175
vs NJR: 14.08
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.
New Jersey Resources (NYSE:NJR) 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.
New Jersey Resources's PE Ratio (TTM) for today is calculated as:
New Jersey Resources's share price for today is $53.52.
New Jersey Resources'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 $3.620.
* 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.
New Jersey Resources EV-to-OCF Related Terms
New Jersey Resources EV-to-OCF Historical Data
* Premium members only.
The historical data trend for New Jersey Resources'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 Utilities - Regulated Gas subindustry, New Jersey Resources'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.
New Jersey Resources EV-to-OCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, New Jersey Resources's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where New Jersey Resources's EV-to-OCF falls into.
New Jersey Resources's current Enterprise Value is $9,277 Mil.
New Jersey Resources'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 $659 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.
New Jersey Resources (NJR) has a EV-to-OCF of 14.08 as of Aug. 21, 2026. This is 26% below median its historical median of 19.11. Over the past decade, New Jersey Resources' EV-to-OCF has ranged from 12.04 to 39.35. According to the industry distribution chart, New Jersey Resources ranks #341 out of 504 companies in the Utilities - Regulated industry, placing it in the top 67.7%.
Is New Jersey Resources' EV-to-OCF too high?
New Jersey Resources' current EV-to-OCF of 14.08 is 26% below median its 10-year median of 19.11. Over the past 10 years, this metric has ranged from a low of 12.04 to a high of 39.35. The Utilities - Regulated industry median EV-to-OCF is 10.18. New Jersey Resources' value of 14.08 is 38.4% above this industry median. Based on the distribution chart, New Jersey Resources ranks #341 out of 504 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, New Jersey Resources has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does New Jersey Resources' EV-to-OCF compare to BKH and SWX?
According to the Utilities - Regulated industry distribution chart, New Jersey Resources ranks #341 out of 504 companies for EV-to-OCF. This places New Jersey Resources in the lower half of its industry. The industry median EV-to-OCF is 10.18. New Jersey Resources' value of 14.08 is 38.4% above this benchmark. Historically, New Jersey Resources' own EV-to-OCF has ranged from 12.04 to 39.35 over the past decade. While the company's 10-year median is 19.11 vs. the industry median of 10.18, New Jersey Resources 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 Utilities - Regulated company?
The median EV-to-OCF among Utilities - Regulated companies is 10.18, based on 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. New Jersey Resources's current EV-to-OCF of 14.08 is 38.4% 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 Utilities - Regulated industry, the median EV-to-OCF is 10.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Jersey Resources's current EV-to-OCF is 14.08, which is 26% below median its own 10-year median of 19.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Jersey Resources stock overvalued right now?
Based on GuruFocus' analysis, New Jersey Resources (NJR) is currently considered Fairly Valued. The stock's GF Value™ is $53.96, compared to a current price of $53.52 — trading 0.8% below its estimated fair value. The current EV-to-OCF is 14.08, which is 26% below median its 10-year median of 19.11 and 38.4% above the Utilities - Regulated industry median of 10.18. New Jersey Resources' overall GF Score™ is 73/100 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 New Jersey Resources (NJR), the current EV-to-OCF is 14.08 as of Aug. 21, 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 New Jersey Resources (NJR) Overvalued in 2026?
Based on GuruFocus' analysis, New Jersey Resources stock appears to be undervalued.
The current stock price of $53.52 is trading 0.8% below its estimated GF Value™ of $53.96.
GuruFocus considers New Jersey Resources to be Fairly Valued.
Key valuation signals for NJR:
EV-to-OCF: 14.08 (26% below median its 10-year median of 19.11)
GF Value™: $53.96 vs. price of $53.52 (0.8% below fair value)
Industry Position: 38.4% above the Utilities - Regulated median (#341 of 504)
No single metric tells the full story. See the NJR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to nearly 600,000 customers in the state. NJR's nonregulated businesses include investments in commercial solar projects and several large midstream natural gas projects.
73GF Score
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