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Principal Financial GroupPFG +0.48%71 EV-to-OCF is 4.90 as of Aug. 06, 2026, which is 9% above its 10-year median of 4.50. GuruFocus rates PFG with a GF Score™ of 71/100 and a GF Value™ of $93.32 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,509 Asset Management companies, Principal Financial Group ranks better than 52.95% on this metric.
The historical rank and industry rank for Principal Financial Group's EV-to-OCF or its related term are showing as below:
PFG'
s EV-to-OCF Range Over the Past 10 Years
Min: -6.88 Med: 4.5 Max: 9.34
Current: 4.9
During the past 13 years, the highest EV-to-OCF of Principal Financial Group was 9.34. The lowest was -6.88. And the median was 4.50.
PFG's EV-to-OCF is ranked better than 52.95% of 1509
companies
in the Asset Management industry
Industry Median: 6.2
vs PFG: 4.90
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.
Principal Financial Group (NAS:PFG) 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.
Principal Financial Group's PE Ratio (TTM) for today is calculated as:
Principal Financial Group's share price for today is $115.41.
Principal Financial Group'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 $7.020.
* 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.
Principal Financial Group EV-to-OCF Related Terms
Principal Financial Group EV-to-OCF Historical Data
* 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 Asset Management subindustry, Principal Financial Group'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.
Principal Financial Group EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Principal Financial Group's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Principal Financial Group's EV-to-OCF falls into.
Principal Financial Group's current Enterprise Value is $24,538 Mil.
Principal Financial Group'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 $5,012 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.
Principal Financial Group (PFG) has a EV-to-OCF of 4.90 as of Aug. 06, 2026. This is near median its historical median of 4.50. According to the industry distribution chart, Principal Financial Group ranks #710 out of 1509 companies in the Asset Management industry, placing it in the top 47.1%.
Is Principal Financial Group's EV-to-OCF too high?
Principal Financial Group's current EV-to-OCF of 4.90 is near median its 10-year median of 4.50. The Asset Management industry median EV-to-OCF is 6.20. Principal Financial Group's value of 4.90 is 21% below this industry median. Based on the distribution chart, Principal Financial Group ranks #710 out of 1509 companies in the Asset Management industry, which is above the industry midpoint. Overall, Principal Financial Group has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Principal Financial Group's EV-to-OCF compare to TROW and NTRS?
According to the Asset Management industry distribution chart, Principal Financial Group ranks #710 out of 1509 companies for EV-to-OCF. This puts Principal Financial Group in the upper half of its industry. The industry median EV-to-OCF is 6.20. Principal Financial Group's value of 4.90 is 21% below this benchmark. While the company's 10-year median is 4.50 vs. the industry median of 6.20, Principal Financial Group has consistently been below 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 an Asset Management company?
The median EV-to-OCF among Asset Management companies is 6.20, based on 1,509 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. Principal Financial Group's current EV-to-OCF of 4.90 is 21% below 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 Asset Management industry, the median EV-to-OCF is 6.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Principal Financial Group's current EV-to-OCF is 4.90, which is near median its own 10-year median of 4.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Principal Financial Group stock overvalued right now?
Based on GuruFocus' analysis, Principal Financial Group (PFG) is currently considered Modestly Overvalued. The stock's GF Value™ is $93.32, compared to a current price of $115.41 — trading 23.7% above its estimated fair value. The current EV-to-OCF is 4.90, which is near median its 10-year median of 4.50 and 21% below the Asset Management industry median of 6.20. Principal Financial Group's overall GF Score™ is 71/100 with 6 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 Principal Financial Group (PFG), the current EV-to-OCF is 4.90 as of Aug. 06, 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 Principal Financial Group (PFG) Overvalued in 2026?
Based on GuruFocus' analysis, Principal Financial Group stock appears to be overvalued.
The current stock price of $115.41 is trading 23.7% above its estimated GF Value™ of $93.32.
GuruFocus considers Principal Financial Group to be Modestly Overvalued.
Key valuation signals for PFG:
EV-to-OCF: 4.90 (near median its 10-year median of 4.50)
GF Value™: $93.32 vs. price of $115.41 (23.7% above fair value)
Industry Position: 21% below the Asset Management median (#710 of 1509)
No single metric tells the full story. See the PFG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Principal Financial Group Inc is a financial services provider. It offers various financial products and services including retirement, asset management, and workplace benefits and protection solutions to individuals and institutional clients. The company, along with its subsidiaries, operates in the following reportable segments; Retirement and Income Solutions, Principal Asset Management, and Benefits and Protection. Maximum revenue is generated from the Retirement and Income Solutions segment which provides workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities (including RILAs), pension risk transfer, and investment services to businesses, their employees, and other individuals.
71GF 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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