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NelnetNNI +0.21%63 EV-to-OCF is 27.98 as of Sep. 10, 2026, which is 33% below its 10-year median of 41.79. GuruFocus rates NNI with a GF Score™ of 63/100 and a GF Value™ of $151.49 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 544 Credit Services companies, Nelnet ranks worse than 82.72% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Nelnet's Enterprise Value is $11,222 Mil.
Nelnet's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $401 Mil. Therefore, Nelnet's EV-to-OCF for today is 27.98.
The historical rank and industry rank for Nelnet's EV-to-OCF or its related term are showing as below:
NNI'
s EV-to-OCF Range Over the Past 10 Years
Min: 17.83 Med: 41.79 Max: 331.79
Current: 27.98
During the past 13 years, the highest EV-to-OCF of Nelnet was 331.79. The lowest was 17.83. And the median was 41.79.
NNI's EV-to-OCF is ranked worse than 82.72% of 544
companies
in the Credit Services industry
Industry Median: -0.1
vs NNI: 27.98
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 (2026-09-10), Nelnet's stock price is $125.40.
Nelnet's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $8.360. Therefore, Nelnet's PE Ratio (TTM) for today is 15.00.
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.
Nelnet's share price for today is $125.40.
Nelnet'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 $8.360.
* 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.
Nelnet EV-to-OCF Related Terms
Nelnet EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Nelnet'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 Credit Services subindustry, Nelnet'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.
Nelnet EV-to-OCF vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Nelnet's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Nelnet's EV-to-OCF falls into.
Nelnet's current Enterprise Value is $11,222 Mil.
Nelnet'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 $401 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.
Nelnet (NNI) has a EV-to-OCF of 27.98 as of Sep. 10, 2026. This is 33% below median its historical median of 41.79. Over the past decade, Nelnet's EV-to-OCF has ranged from 17.83 to 331.79. According to the industry distribution chart, Nelnet ranks #450 out of 544 companies in the Credit Services industry, placing it in the top 82.7%.
Is Nelnet's EV-to-OCF too high?
Nelnet's current EV-to-OCF of 27.98 is 33% below median its 10-year median of 41.79. Over the past 10 years, this metric has ranged from a low of 17.83 to a high of 331.79. Based on the distribution chart, Nelnet ranks #450 out of 544 companies in the Credit Services industry, which is in the bottom quartile relative to peers. Overall, Nelnet has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nelnet's EV-to-OCF compare to SEZL and SLM?
According to the Credit Services industry distribution chart, Nelnet ranks #450 out of 544 companies for EV-to-OCF. This places Nelnet in the lower half of its industry. Historically, Nelnet's own EV-to-OCF has ranged from 17.83 to 331.79 over the past decade. 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 Credit Services company?
A good EV-to-OCF depends on the Credit Services 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. Nelnet's current EV-to-OCF is 27.98, which is 33% below median its own 10-year median of 41.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nelnet stock overvalued right now?
Based on GuruFocus' analysis, Nelnet (NNI) is currently considered Modestly Undervalued. The stock's GF Value™ is $151.49, compared to a current price of $125.40 — trading 17.2% below its estimated fair value. The current EV-to-OCF is 27.98, which is 33% below median its 10-year median of 41.79. Nelnet's overall GF Score™ is 63/100 with 2 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 Nelnet (NNI), the current EV-to-OCF is 27.98 as of Sep. 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 Nelnet (NNI) Overvalued in 2026?
Based on GuruFocus' analysis, Nelnet stock appears to be undervalued.
The current stock price of $125.40 is trading 17.2% below its estimated GF Value™ of $151.49.
GuruFocus considers Nelnet to be Modestly Undervalued.
Key valuation signals for NNI:
EV-to-OCF: 27.98 (33% below median its 10-year median of 41.79)
GF Value™: $151.49 vs. price of $125.40 (17.2% below fair value)
No single metric tells the full story. See the NNI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nelnet Inc is a United States based company engaged in these four reportable segments; Loan Servicing and Systems, which focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services; Education Technology Services and Payments segment provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses; Asset Generation and Management segment includes the acquisition and management of student and other loan assets; and Nelnet Bank focuses on the private education and unsecured consumer loan markets. Maximum revenue for the company is generated from its Asset Generation and Management.
63GF Score
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