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RelianceRS +0.33%89 EV-to-OCF is 27.65 as of Aug. 15, 2026, which is 134% above its 10-year median of 11.82. GuruFocus rates RS with a GF Score™ of 89/100 and a GF Value™ of $364.07 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 635 Steel companies, Reliance ranks worse than 83.46% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Reliance's Enterprise Value is $23,546 Mil.
Reliance's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $852 Mil. Therefore, Reliance's EV-to-OCF for today is 27.65.
The historical rank and industry rank for Reliance's EV-to-OCF or its related term are showing as below:
RS'
s EV-to-OCF Range Over the Past 10 Years
Min: 5.02 Med: 11.82 Max: 27.81
Current: 27.65
During the past 13 years, the highest EV-to-OCF of Reliance was 27.81. The lowest was 5.02. And the median was 11.82.
RS's EV-to-OCF is ranked worse than 83.46% of 635
companies
in the Steel industry
Industry Median: 7.82
vs RS: 27.65
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.
Reliance's share price for today is $426.54.
Reliance'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 $17.200.
* 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.
Reliance EV-to-OCF Related Terms
Reliance EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Reliance'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 Steel subindustry, Reliance'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.
Reliance EV-to-OCF vs Steel Industry
For the Steel industry and Basic Materials sector, Reliance's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Reliance's EV-to-OCF falls into.
Reliance's current Enterprise Value is $23,546 Mil.
Reliance'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 $852 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.
Reliance (RS) has a EV-to-OCF of 27.65 as of Aug. 15, 2026. This is 134% above median its historical median of 11.82. Over the past decade, Reliance's EV-to-OCF has ranged from 5.02 to 27.81. According to the industry distribution chart, Reliance ranks #530 out of 635 companies in the Steel industry, placing it in the top 83.5%.
Is Reliance's EV-to-OCF too high?
Reliance's current EV-to-OCF of 27.65 is 134% above median its 10-year median of 11.82. Over the past 10 years, this metric has ranged from a low of 5.02 to a high of 27.81. The Steel industry median EV-to-OCF is 7.82. Reliance's value of 27.65 is 253.6% above this industry median. Based on the distribution chart, Reliance ranks #530 out of 635 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Reliance has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reliance's EV-to-OCF compare to TX and CLF?
According to the Steel industry distribution chart, Reliance ranks #530 out of 635 companies for EV-to-OCF. This places Reliance in the lower half of its industry. The industry median EV-to-OCF is 7.82. Reliance's value of 27.65 is 253.6% above this benchmark. Historically, Reliance's own EV-to-OCF has ranged from 5.02 to 27.81 over the past decade. While the company's 10-year median is 11.82 vs. the industry median of 7.82, Reliance 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 Steel company?
The median EV-to-OCF among Steel companies is 7.82, based on 635 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. Reliance's current EV-to-OCF of 27.65 is 253.6% 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 Steel industry, the median EV-to-OCF is 7.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance's current EV-to-OCF is 27.65, which is 134% above median its own 10-year median of 11.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance stock overvalued right now?
Based on GuruFocus' analysis, Reliance (RS) is currently considered Modestly Overvalued. The stock's GF Value™ is $364.07, compared to a current price of $426.54 — trading 17.2% above its estimated fair value. The current EV-to-OCF is 27.65, which is 134% above median its 10-year median of 11.82 and 253.6% above the Steel industry median of 7.82. Reliance's overall GF Score™ is 89/100 with 9 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 Reliance (RS), the current EV-to-OCF is 27.65 as of Aug. 15, 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 Reliance (RS) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance stock appears to be overvalued.
The current stock price of $426.54 is trading 17.2% above its estimated GF Value™ of $364.07.
GuruFocus considers Reliance to be Modestly Overvalued.
Key valuation signals for RS:
EV-to-OCF: 27.65 (134% above median its 10-year median of 11.82)
GF Value™: $364.07 vs. price of $426.54 (17.2% above fair value)
Industry Position: 253.6% above the Steel median (#530 of 635)
No single metric tells the full story. See the RS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.
89GF Score
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