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.
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.
Afry ABOSTO:AFRY -0.68%80 EV-to-OCF is 7.08 as of Aug. 02, 2026, which is 56% below its 10-year median of 16.03. GuruFocus rates OSTO:AFRY with a GF Score™ of 80/100 and a GF Value™ of kr147.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,785 Construction companies, Afry AB ranks worse than 50.42% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Afry AB's Enterprise Value is kr17,743 Mil.
Afry AB's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was kr2,507 Mil. Therefore, Afry AB's EV-to-OCF for today is 7.08.
The historical rank and industry rank for Afry AB's EV-to-OCF or its related term are showing as below:
OSTO:AFRY'
s EV-to-OCF Range Over the Past 10 Years
Min: 6.96 Med: 16.03 Max: 123.79
Current: 6.96
During the past 13 years, the highest EV-to-OCF of Afry AB was 123.79. The lowest was 6.96. And the median was 16.03.
OSTO:AFRY's EV-to-OCF is ranked worse than 50.42% of 1785
companies
in the Construction industry
Industry Median: 6.85
vs OSTO:AFRY: 6.96
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 (2026-08-02), Afry AB's stock price is kr102.80.
Afry AB's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was kr6.980. Therefore, Afry AB's PE Ratio (TTM) for today is 14.73.
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.
Afry AB's share price for today is kr102.80.
Afry AB'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 kr6.980.
* 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.
Afry AB EV-to-OCF Related Terms
Afry AB EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Afry AB'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.
For the Engineering & Construction subindustry, Afry AB'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.
Afry AB EV-to-OCF vs Construction Industry
For the Construction industry and Industrials sector, Afry AB's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Afry AB's EV-to-OCF falls into.
Afry AB's current Enterprise Value is kr17,743 Mil.
Afry AB'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 kr2,507 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.
Afry AB (OSTO:AFRY) has a EV-to-OCF of 7.08 as of Aug. 02, 2026. This is 56% below median its historical median of 16.03. Over the past decade, Afry AB's EV-to-OCF has ranged from 6.96 to 123.79. According to the industry distribution chart, Afry AB ranks #900 out of 1785 companies in the Construction industry, placing it in the top 50.4%.
Is Afry AB's EV-to-OCF too high?
Afry AB's current EV-to-OCF of 7.08 is 56% below median its 10-year median of 16.03. Over the past 10 years, this metric has ranged from a low of 6.96 to a high of 123.79. The Construction industry median EV-to-OCF is 6.85. Afry AB's value of 7.08 is 3.4% above this industry median. Based on the distribution chart, Afry AB ranks #900 out of 1785 companies in the Construction industry, which is below the industry midpoint. Overall, Afry AB has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Afry AB's EV-to-OCF compare to PWR and FIX?
According to the Construction industry distribution chart, Afry AB ranks #900 out of 1785 companies for EV-to-OCF. This places Afry AB in the lower half of its industry. The industry median EV-to-OCF is 6.85. Afry AB's value of 7.08 is 3.4% above this benchmark. Historically, Afry AB's own EV-to-OCF has ranged from 6.96 to 123.79 over the past decade. While the company's 10-year median is 16.03 vs. the industry median of 6.85, Afry AB 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 Construction company?
The median EV-to-OCF among Construction companies is 6.85, based on 1,785 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. Afry AB's current EV-to-OCF of 7.08 is 3.4% 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 Construction industry, the median EV-to-OCF is 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Afry AB's current EV-to-OCF is 7.08, which is 56% below median its own 10-year median of 16.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afry AB stock overvalued right now?
Based on GuruFocus' analysis, Afry AB (OSTO:AFRY) is currently considered Possible Value Trap. The stock's GF Value™ is kr147.03, compared to a current price of kr102.80 — trading 30.1% below its estimated fair value. The current EV-to-OCF is 7.08, which is 56% below median its 10-year median of 16.03 and 3.4% above the Construction industry median of 6.85. Afry AB's overall GF Score™ is 80/100 with 5 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 Afry AB (OSTO:AFRY), the current EV-to-OCF is 7.08 as of Aug. 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 Afry AB (OSTO:AFRY) Overvalued in 2026?
Based on GuruFocus' analysis, Afry AB stock appears to be undervalued.
The current stock price of kr102.80 is trading 30.1% below its estimated GF Value™ of kr147.03.
GuruFocus considers Afry AB to be Possible Value Trap.
Key valuation signals for OSTO:AFRY:
EV-to-OCF: 7.08 (56% below median its 10-year median of 16.03)
GF Value™: kr147.03 vs. price of kr102.80 (30.1% below fair value)
Industry Position: 3.4% above the Construction median (#900 of 1785)
No single metric tells the full story. See the OSTO:AFRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afry AB is an engineering and consulting firm with projects in energy, industrial, and infrastructure markets. The business divisions of the company includes Hydro, Nuclear, Thermal, Transmission & Distribution, Renewables & Energy Storage, and Management Consulting. It constructs plants and provides market analysis for power generation, manufacturing facilities, and refining chemicals.
80GF Score
Get the complete analysis for OSTO:AFRY
EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSTO:AFRY has been successfully added to your 
