TRF (NSE:TRF) EV-to-OCF: (As of Sep. 22, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:TRF TRF Ltd NSE:TRF
56 GF Score
Price ₹216.43
GF Value ₹252.25
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is TRF EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, TRF's Enterprise Value is ₹4,924.1 Mil. TRF's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹ Mil. Therefore, TRF's EV-to-OCF for today is .

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

NSE:TRF' s EV-to-OCF Range Over the Past 10 Years
Min: -6740.07   Med: 0   Max: -6740.07
Current: -6740.07

During the past 13 years, the highest EV-to-OCF of TRF was -6740.07. The lowest was -6740.07. And the median was .

NSE:TRF's EV-to-OCF is ranked better than
99.94% of 3089 companies
in the Industrial Products industry
Industry Median: 11.21 vs NSE:TRF: -6740.07

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 (2026-09-22), TRF's stock price is ₹216.43. TRF's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-5.543. Therefore, TRF's PE Ratio (TTM) for today is At Loss.


TRF  (NSE:TRF) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=216.43/-5.543
=At Loss

TRF's share price for today is ₹216.43.
TRF'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 ₹-5.543.

* 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.


TRF EV-to-OCF Related Terms


TRF EV-to-OCF Historical Data

* Premium members only.

The historical data trend for TRF'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.

TRF EV-to-OCF Chart

TRF 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 -10.11 9.98 13.38 7.51 43.97

TRF 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 - - - - -

NSE:TRF vs GEV, ETN, PH: EV-to-OCF Comparison

For the Specialty Industrial Machinery subindustry, TRF'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.


TRF EV-to-OCF vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, TRF's EV-to-OCF distribution charts can be found below:

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


NSE:TRF
56GF Score
TRF Ltd NSE:TRF
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TRF EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=4924.101/
=

TRF's current Enterprise Value is ₹4,924.1 Mil.
TRF'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 ₹ 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 TRF (NSE:TRF) Overvalued in 2026?

Based on GuruFocus' analysis, TRF stock appears to be undervalued. The current stock price of ₹216.43 is trading 14.2% below its estimated GF Value™ of ₹252.25. GuruFocus considers TRF to be Modestly Undervalued.

Key valuation signals for NSE:TRF:

  • EV-to-OCF:
  • GF Value™: ₹252.25 vs. price of ₹216.43 (14.2% below fair value)
  • GF Score™: 56/100 with 5 warning signs

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


TRF Business Description

Other Exchanges 505854:India
Address 11, Station Road, Burma Mines, Jamshedpur, JH, IND, 831007
TRF Ltd through its subsidiaries is engaged in material handling equipment such as stackers, reclaimers, stacker-cum-reclaimers, ship loaders, unloaders, general conveyors, idler rollers, and all types of machinery for sorting, screening, and separating. The company undertakes turnkey projects of material handling for the infrastructure sector such as power and ports and industrial sectors such as steel plants, cement, fertilizers, and mining. The company is also engaged in the production of such material-handling equipment. Further, the company is engaged in providing services relating to design, engineering, and supervision.
56GF Score

Get the complete analysis for NSE:TRF

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

₹216.43
Price
₹252.25
GF Value