NOAH (Noah Holdings) EV-to-OCF: (As of Aug. 26, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

NOAH Noah Holdings Ltd NOAH
74 GF Score
Price $8.77
GF Value $11.35
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Noah Holdings EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Noah Holdings's Enterprise Value is $-132.4 Mil. Noah Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $0.0 Mil. Therefore, Noah Holdings's EV-to-OCF for today is .

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

NOAH' s EV-to-OCF Range Over the Past 10 Years
Min: -0.99   Med: 12.91   Max: 35.52
Current: -0.95

During the past 13 years, the highest EV-to-OCF of Noah Holdings was 35.52. The lowest was -0.99. And the median was 12.91.

NOAH's EV-to-OCF is ranked better than
63.21% of 1503 companies
in the Asset Management industry
Industry Median: 5.9 vs NOAH: -0.95

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 (2026-08-26), Noah Holdings's stock price is $8.77. Noah Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.078. Therefore, Noah Holdings's PE Ratio (TTM) for today is 8.14.


Noah Holdings  (NYSE:NOAH) 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.

Noah Holdings's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.77/1.078
=8.14

Noah Holdings's share price for today is $8.77.
Noah Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.078.

* 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.


Noah Holdings EV-to-OCF Related Terms


Noah Holdings EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Noah Holdings'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.

Noah Holdings EV-to-OCF Chart

Noah Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 3.65 0.97 1.87 -0.05

Noah Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 -0.05 0.00

NOAH vs FAX, DSU, HQL: EV-to-OCF Comparison

For the Asset Management subindustry, Noah Holdings'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.


Noah Holdings EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Noah Holdings's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Noah Holdings's EV-to-OCF falls into.


NOAH
74GF Score
Noah Holdings Ltd NOAH
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Noah Holdings EV-to-OCF Calculation

Noah Holdings's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=-132.402/0
=

Noah Holdings's current Enterprise Value is $-132.4 Mil.
Noah Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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.

Is Noah Holdings (NOAH) Overvalued in 2026?

Based on GuruFocus' analysis, Noah Holdings stock appears to be undervalued. The current stock price of $8.77 is trading 22.7% below its estimated GF Value™ of $11.35. GuruFocus considers Noah Holdings to be Modestly Undervalued.

Key valuation signals for NOAH:

  • EV-to-OCF:
  • GF Value™: $11.35 vs. price of $8.77 (22.7% below fair value)
  • GF Score™: 74/100 with 5 warning signs

No single metric tells the full story. See the NOAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noah Holdings Business Description

Other Exchanges 06686:Hong Kong6NO2:Germany
Address No. 1226 South Shenbin Road, Noah Wealth Center, Minhang District, Shanghai, CHN, 200090
Noah Holdings Ltd is a wealth management service provider offering comprehensive advisory services on investment and asset allocation, mainly for Mandarin-speaking high-net-worth (HNW) investors. The company's operating segments are Domestic public securities, Domestic asset management, Domestic insurance, Overseas wealth management, Overseas asset management, Overseas insurance and comprehensive services, and Headquarters. Maximum revenue is generated from its Domestic asset management business, which manages private equity funds, real estate equity funds, and private secondary products. The domestic asset management operations focus on managing primary market exits and cross-border ETF products in the secondary market. Geographically, it derives maximum revenue from Mainland China.
74GF Score

Get the complete analysis for NOAH

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

$8.77
Price
$11.35
GF Value