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Bharti AirtelNSE:BHARTIARTL +3.60%85 EV-to-OCF is 14.34 as of Sep. 02, 2026, which is 18% above its 10-year median of 12.18. GuruFocus rates NSE:BHARTIARTL with a GF Score™ of 85/100 and a GF Value™ of ₹2,174.53 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 370 Telecommunication Services companies, Bharti Airtel ranks worse than 80.54% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Bharti Airtel's Enterprise Value is ₹13,259,137 Mil.
Bharti Airtel's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹924,704 Mil. Therefore, Bharti Airtel's EV-to-OCF for today is 14.34.
The historical rank and industry rank for Bharti Airtel's EV-to-OCF or its related term are showing as below:
NSE:BHARTIARTL'
s EV-to-OCF Range Over the Past 10 Years
Min: -55.23 Med: 12.18 Max: 141.05
Current: 14.37
During the past 13 years, the highest EV-to-OCF of Bharti Airtel was 141.05. The lowest was -55.23. And the median was 12.18.
NSE:BHARTIARTL's EV-to-OCF is ranked worse than 80.54% of 370
companies
in the Telecommunication Services industry
Industry Median: 7.155
vs NSE:BHARTIARTL: 14.37
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.
Bharti Airtel's PE Ratio (TTM) for today is calculated as:
Bharti Airtel's share price for today is ₹1877.20.
Bharti Airtel'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 ₹47.840.
* 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.
Bharti Airtel EV-to-OCF Related Terms
Bharti Airtel EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Bharti Airtel'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.
NSE:BHARTIARTL vs VZ, TMUS, T: EV-to-OCF Comparison
For the Telecom Services subindustry, Bharti Airtel'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.
Bharti Airtel EV-to-OCF vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Bharti Airtel's EV-to-OCF falls into.
Bharti Airtel's current Enterprise Value is ₹13,259,137 Mil.
Bharti Airtel'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 ₹924,704 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.
Bharti Airtel (NSE:BHARTIARTL) has a EV-to-OCF of 14.34 as of Sep. 02, 2026. This is 18% above median its historical median of 12.18. According to the industry distribution chart, Bharti Airtel ranks #298 out of 370 companies in the Telecommunication Services industry, placing it in the top 80.5%.
Is Bharti Airtel's EV-to-OCF too high?
Bharti Airtel's current EV-to-OCF of 14.34 is 18% above median its 10-year median of 12.18. The Telecommunication Services industry median EV-to-OCF is 7.16. Bharti Airtel's value of 14.34 is 100.4% above this industry median. Based on the distribution chart, Bharti Airtel ranks #298 out of 370 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Bharti Airtel has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bharti Airtel's EV-to-OCF compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bharti Airtel ranks #298 out of 370 companies for EV-to-OCF. This places Bharti Airtel in the lower half of its industry. The industry median EV-to-OCF is 7.16. Bharti Airtel's value of 14.34 is 100.4% above this benchmark. While the company's 10-year median is 12.18 vs. the industry median of 7.16, Bharti Airtel 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 a Telecommunication Services company?
The median EV-to-OCF among Telecommunication Services companies is 7.16, based on 370 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. Bharti Airtel's current EV-to-OCF of 14.34 is 100.4% 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 Telecommunication Services industry, the median EV-to-OCF is 7.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Airtel's current EV-to-OCF is 14.34, which is 18% above median its own 10-year median of 12.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharti Airtel stock overvalued right now?
Based on GuruFocus' analysis, Bharti Airtel (NSE:BHARTIARTL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,174.53, compared to a current price of ₹1,877.20 — trading 13.7% below its estimated fair value. The current EV-to-OCF is 14.34, which is 18% above median its 10-year median of 12.18 and 100.4% above the Telecommunication Services industry median of 7.16. Bharti Airtel's overall GF Score™ is 85/100 with 3 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 Bharti Airtel (NSE:BHARTIARTL), the current EV-to-OCF is 14.34 as of Sep. 02, 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 Bharti Airtel (NSE:BHARTIARTL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharti Airtel stock appears to be undervalued.
The current stock price of ₹1,877.20 is trading 13.7% below its estimated GF Value™ of ₹2,174.53.
GuruFocus considers Bharti Airtel to be Modestly Undervalued.
Key valuation signals for NSE:BHARTIARTL:
EV-to-OCF: 14.34 (18% above median its 10-year median of 12.18)
GF Value™: ₹2,174.53 vs. price of ₹1,877.20 (13.7% below fair value)
Industry Position: 100.4% above the Telecommunication Services median (#298 of 370)
No single metric tells the full story. See the NSE:BHARTIARTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharti Airtel Ltd is a telecommunications company. The company's segments include Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Infrastructure Services, Homes Services, Digital TV Services, and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G /3G/4G) in India. It includes the captive national long-distance networks, which provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.
85GF Score
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EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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