NTPC (NSE:NTPC) EV-to-OCF: (As of Aug. 26, 2026)

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NSE:NTPC NTPC Ltd NSE:NTPC
88 GF Score
Price ₹339.85
GF Value ₹363.26
Valuation Fairly Valued
! 6 Warning Signs
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What is NTPC EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, NTPC's Enterprise Value is ₹6,021,220 Mil. NTPC's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, NTPC's EV-to-OCF for today is .

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

NSE:NTPC' s EV-to-OCF Range Over the Past 10 Years
Min: 11.83   Med: 0   Max: 11.83
Current: 11.83

During the past 13 years, the highest EV-to-OCF of NTPC was 11.83. The lowest was 11.83. And the median was .

NSE:NTPC's EV-to-OCF is ranked worse than
56.04% of 505 companies
in the Utilities - Regulated industry
Industry Median: 10.07 vs NSE:NTPC: 11.83

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), NTPC's stock price is ₹339.85. NTPC's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹28.630. Therefore, NTPC's PE Ratio (TTM) for today is 11.87.


NTPC  (NSE:NTPC) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=339.85/28.630
=11.87

NTPC's share price for today is ₹339.85.
NTPC'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 ₹28.630.

* 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.


NTPC EV-to-OCF Related Terms


NTPC EV-to-OCF Historical Data

* Premium members only.

The historical data trend for NTPC'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.

NTPC EV-to-OCF Chart

NTPC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.20 8.36 14.05 11.86 12.42

NTPC Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 12.42 0.00

NSE:NTPC vs NEE, SO, DUK: EV-to-OCF Comparison

For the Utilities - Regulated Electric subindustry, NTPC'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.


NTPC EV-to-OCF vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, NTPC's EV-to-OCF distribution charts can be found below:

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


NSE:NTPC
88GF Score
NTPC Ltd NSE:NTPC
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NTPC EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6021219.719/0
=

NTPC's current Enterprise Value is ₹6,021,220 Mil.
NTPC'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 ₹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 NTPC (NSE:NTPC) Overvalued in 2026?

Based on GuruFocus' analysis, NTPC stock appears to be undervalued. The current stock price of ₹339.85 is trading 6.4% below its estimated GF Value™ of ₹363.26. GuruFocus considers NTPC to be Fairly Valued.

Key valuation signals for NSE:NTPC:

  • EV-to-OCF:
  • GF Value™: ₹363.26 vs. price of ₹339.85 (6.4% below fair value)
  • GF Score™: 88/100 with 6 warning signs

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


NTPC Business Description

Other Exchanges 532555:India
Address NTPC Bhawan, Lodhi Road, 7 Institutional Area, Scope Complex, New Delhi, IND, 110 003
NTPC Ltd is an Indian state-owned electric utility company. It is the power producer in India and supplies a amount of the nation's total needs. The company generates revenue through the sale of electricity to state-owned Indian power distribution companies from its stations throughout the country. NTPC also brings in a amount of revenue through its consultancy wing, which provides project management and supervision, energy trading, oil and gas exploration and coal mining. While the vast majority of its facilities use coal and gas fuel sources, NTPC has also increased its capacity through renewable energy sources, such as hydroelectric, solar, and thermal power, and plans to continue this trend going forward.
88GF Score

Get the complete analysis for NSE:NTPC

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

₹339.85
Price
₹363.26
GF Value