Usha Martin (NSE:USHAMART) EV-to-OCF: (As of Aug. 11, 2026)

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Director of Data and Quant Analytics at GuruFocus
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NSE:USHAMART Usha Martin Ltd NSE:USHAMART
73 GF Score
Price ₹516.80
GF Value ₹396.58
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Usha Martin EV-to-OCF?

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Usha Martin's Enterprise Value is ₹154,895 Mil. Usha Martin's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, Usha Martin's EV-to-OCF for today is .

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

NSE:USHAMART' s EV-to-OCF Range Over the Past 10 Years
Min: 23.53   Med: 0   Max: 23.53
Current: 23.53

During the past 13 years, the highest EV-to-OCF of Usha Martin was 23.53. The lowest was 23.53. And the median was .

NSE:USHAMART's EV-to-OCF is ranked worse than
80.79% of 635 companies
in the Steel industry
Industry Median: 7.77 vs NSE:USHAMART: 23.53

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 (2026-08-11), Usha Martin's stock price is ₹516.80. Usha Martin's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹13.030. Therefore, Usha Martin's PE Ratio (TTM) for today is 39.66.


Usha Martin  (NSE:USHAMART) 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.

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

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=516.80/13.030
=39.66

Usha Martin's share price for today is ₹516.80.
Usha Martin'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 ₹13.030.

* 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.


Usha Martin EV-to-OCF Related Terms


Usha Martin EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Usha Martin'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.

Usha Martin EV-to-OCF Chart

Usha Martin 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 27.45 26.98 22.32 24.65 17.77

Usha Martin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 24.65 0.00 0.00 17.77 0.00

NSE:USHAMART vs NUE, STLD, RS: EV-to-OCF Comparison

For the Steel subindustry, Usha Martin'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.


Usha Martin EV-to-OCF vs Steel Industry

For the Steel industry and Basic Materials sector, Usha Martin's EV-to-OCF distribution charts can be found below:

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


NSE:USHAMART
73GF Score
Usha Martin Ltd NSE:USHAMART
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usha Martin EV-to-OCF Calculation

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=154894.645/0
=

Usha Martin's current Enterprise Value is ₹154,895 Mil.
Usha Martin'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 Usha Martin (NSE:USHAMART) Overvalued in 2026?

Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued. The current stock price of ₹516.80 is trading 30.3% above its estimated GF Value™ of ₹396.58. GuruFocus considers Usha Martin to be Modestly Overvalued.

Key valuation signals for NSE:USHAMART:

  • EV-to-OCF:
  • GF Value™: ₹396.58 vs. price of ₹516.80 (30.3% above fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Usha Martin Business Description

Other Exchanges 517146:India
Address 2A, Shakespeare Sarani, Mangal Kalash, Kolkata, WB, IND, 700 071
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India and also has its presence outside India.
73GF Score

Get the complete analysis for NSE:USHAMART

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

₹516.80
Price
₹396.58
GF Value