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.
TransoceanRIG -0.85%57 EV-to-OCF is 11.17 as of Aug. 18, 2026, which is 42% below its 10-year median of 19.31. GuruFocus rates RIG with a GF Score™ of 57/100 and a GF Value™ of $4.62 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,026 Oil & Gas companies, Transocean ranks worse than 73.68% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Transocean's Enterprise Value is $11,110 Mil.
Transocean's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $995 Mil. Therefore, Transocean's EV-to-OCF for today is 11.17.
The historical rank and industry rank for Transocean's EV-to-OCF or its related term are showing as below:
RIG'
s EV-to-OCF Range Over the Past 10 Years
Min: 3.96 Med: 19.31 Max: 114.91
Current: 11.17
During the past 13 years, the highest EV-to-OCF of Transocean was 114.91. The lowest was 3.96. And the median was 19.31.
RIG's EV-to-OCF is ranked worse than 73.68% of 1026
companies
in the Oil & Gas industry
Industry Median: 5.715
vs RIG: 11.17
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.
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.
Transocean's share price for today is $5.82.
Transocean'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 $-1.710.
* 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.
Transocean EV-to-OCF Related Terms
Transocean EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Transocean'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 Oil & Gas Drilling subindustry, Transocean'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.
Transocean EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Transocean's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Transocean's EV-to-OCF falls into.
Transocean's current Enterprise Value is $11,110 Mil.
Transocean'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 $995 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.
Transocean (RIG) has a EV-to-OCF of 11.17 as of Aug. 18, 2026. This is 42% below median its historical median of 19.31. Over the past decade, Transocean's EV-to-OCF has ranged from 3.96 to 114.91. According to the industry distribution chart, Transocean ranks #756 out of 1026 companies in the Oil & Gas industry, placing it in the top 73.7%.
Is Transocean's EV-to-OCF too high?
Transocean's current EV-to-OCF of 11.17 is 42% below median its 10-year median of 19.31. Over the past 10 years, this metric has ranged from a low of 3.96 to a high of 114.91. The Oil & Gas industry median EV-to-OCF is 5.72. Transocean's value of 11.17 is 95.5% above this industry median. Based on the distribution chart, Transocean ranks #756 out of 1026 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Transocean has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transocean's EV-to-OCF compare to VAL and NE?
According to the Oil & Gas industry distribution chart, Transocean ranks #756 out of 1026 companies for EV-to-OCF. This places Transocean in the lower half of its industry. The industry median EV-to-OCF is 5.72. Transocean's value of 11.17 is 95.5% above this benchmark. Historically, Transocean's own EV-to-OCF has ranged from 3.96 to 114.91 over the past decade. While the company's 10-year median is 19.31 vs. the industry median of 5.72, Transocean 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 an Oil & Gas company?
The median EV-to-OCF among Oil & Gas companies is 5.72, based on 1,026 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. Transocean's current EV-to-OCF of 11.17 is 95.5% 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 Oil & Gas industry, the median EV-to-OCF is 5.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transocean's current EV-to-OCF is 11.17, which is 42% below median its own 10-year median of 19.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transocean stock overvalued right now?
Based on GuruFocus' analysis, Transocean (RIG) is currently considered Modestly Overvalued. The stock's GF Value™ is $4.62, compared to a current price of $5.82 — trading 26% above its estimated fair value. The current EV-to-OCF is 11.17, which is 42% below median its 10-year median of 19.31 and 95.5% above the Oil & Gas industry median of 5.72. Transocean's overall GF Score™ is 57/100 with 4 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 Transocean (RIG), the current EV-to-OCF is 11.17 as of Aug. 18, 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 Transocean (RIG) Overvalued in 2026?
Based on GuruFocus' analysis, Transocean stock appears to be overvalued.
The current stock price of $5.82 is trading 26% above its estimated GF Value™ of $4.62.
GuruFocus considers Transocean to be Modestly Overvalued.
Key valuation signals for RIG:
EV-to-OCF: 11.17 (42% below median its 10-year median of 19.31)
GF Value™: $4.62 vs. price of $5.82 (26% above fair value)
Industry Position: 95.5% above the Oil & Gas median (#756 of 1026)
No single metric tells the full story. See the RIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Transocean Ltd. is an international provider of offshore contract drilling services for oil and gas wells. The company provides mobile offshore drilling rigs, related equipment, and crews to support the drilling of oil and gas wells. Its fleet mainly consists of offshore rigs, including drillships, semisubmersibles, and jackups.
57GF Score
Get the complete analysis for RIG
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
RIG has been successfully added to your 
