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.
Special Opportunities FundSPE -0.11%50 EV-to-OCF is 13.16 as of Sep. 05, 2026, which is 10% above its 10-year median of 11.99. GuruFocus rates SPE with a GF Score™ of 50/100 and a GF Value™ of $11.02 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,504 Asset Management companies, Special Opportunities Fund ranks worse than 66.42% on this metric.
The historical rank and industry rank for Special Opportunities Fund's EV-to-OCF or its related term are showing as below:
SPE'
s EV-to-OCF Range Over the Past 10 Years
Min: -10 Med: 11.99 Max: 19.17
Current: 13.16
During the past 9 years, the highest EV-to-OCF of Special Opportunities Fund was 19.17. The lowest was -10.00. And the median was 11.99.
SPE's EV-to-OCF is ranked worse than 66.42% of 1504
companies
in the Asset Management industry
Industry Median: 5.62
vs SPE: 13.16
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.
Special Opportunities Fund (NYSE:SPE) 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.
Special Opportunities Fund's PE Ratio (TTM) for today is calculated as:
Special Opportunities Fund's share price for today is $13.56.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Special Opportunities Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $1.904.
* 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.
Special Opportunities Fund EV-to-OCF Related Terms
Special Opportunities Fund 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, Special Opportunities Fund'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.
Special Opportunities Fund EV-to-OCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Special Opportunities Fund's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Special Opportunities Fund's EV-to-OCF falls into.
Special Opportunities Fund's current Enterprise Value is $205.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Special Opportunities Fund's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was $15.60 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.
Special Opportunities Fund (SPE) has a EV-to-OCF of 13.16 as of Sep. 05, 2026. This is 10% above median its historical median of 11.99. According to the industry distribution chart, Special Opportunities Fund ranks #999 out of 1504 companies in the Asset Management industry, placing it in the top 66.4%.
Is Special Opportunities Fund's EV-to-OCF too high?
Special Opportunities Fund's current EV-to-OCF of 13.16 is 10% above median its 10-year median of 11.99. The Asset Management industry median EV-to-OCF is 5.62. Special Opportunities Fund's value of 13.16 is 134.2% above this industry median. Based on the distribution chart, Special Opportunities Fund ranks #999 out of 1504 companies in the Asset Management industry, which is below the industry midpoint. Overall, Special Opportunities Fund has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Special Opportunities Fund's EV-to-OCF compare to EVG and PFD?
According to the Asset Management industry distribution chart, Special Opportunities Fund ranks #999 out of 1504 companies for EV-to-OCF. This places Special Opportunities Fund in the lower half of its industry. The industry median EV-to-OCF is 5.62. Special Opportunities Fund's value of 13.16 is 134.2% above this benchmark. While the company's 10-year median is 11.99 vs. the industry median of 5.62, Special Opportunities Fund 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 Asset Management company?
The median EV-to-OCF among Asset Management companies is 5.62, based on 1,504 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. Special Opportunities Fund's current EV-to-OCF of 13.16 is 134.2% 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 Asset Management industry, the median EV-to-OCF is 5.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Special Opportunities Fund's current EV-to-OCF is 13.16, which is 10% above median its own 10-year median of 11.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Special Opportunities Fund stock overvalued right now?
Based on GuruFocus' analysis, Special Opportunities Fund (SPE) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.02, compared to a current price of $13.56 — trading 23% above its estimated fair value. The current EV-to-OCF is 13.16, which is 10% above median its 10-year median of 11.99 and 134.2% above the Asset Management industry median of 5.62. Special Opportunities Fund's overall GF Score™ is 50/100 with 2 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 Special Opportunities Fund (SPE), the current EV-to-OCF is 13.16 as of Sep. 05, 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 Special Opportunities Fund (SPE) Overvalued in 2026?
Based on GuruFocus' analysis, Special Opportunities Fund stock appears to be overvalued.
The current stock price of $13.56 is trading 23% above its estimated GF Value™ of $11.02.
GuruFocus considers Special Opportunities Fund to be Modestly Overvalued.
Key valuation signals for SPE:
EV-to-OCF: 13.16 (10% above median its 10-year median of 11.99)
GF Value™: $11.02 vs. price of $13.56 (23% above fair value)
Industry Position: 134.2% above the Asset Management median (#999 of 1504)
No single metric tells the full story. See the SPE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Special Opportunities Fund Inc is a closed-ended diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds.
50GF Score
Get the complete analysis for SPE
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
SPE has been successfully added to your 
