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Tongcheng Travel HoldingsTNGCF 87 EV-to-OCF is 3.93 as of Aug. 23, 2026, which is 61% below its 10-year median of 10.03. GuruFocus rates TNGCF with a GF Score™ of 87/100 and a GF Value™ of $5.40. The stock has 3 warning signs investors should review. Among 855 Travel & Leisure companies, Tongcheng Travel Holdings ranks better than 72.51% on this metric.
The historical rank and industry rank for Tongcheng Travel Holdings's EV-to-OCF or its related term are showing as below:
TNGCF'
s EV-to-OCF Range Over the Past 10 Years
Min: -633.89 Med: 10.03 Max: 151.16
Current: 3.94
During the past 11 years, the highest EV-to-OCF of Tongcheng Travel Holdings was 151.16. The lowest was -633.89. And the median was 10.03.
TNGCF's EV-to-OCF is ranked better than 72.51% of 855
companies
in the Travel & Leisure industry
Industry Median: 9.19
vs TNGCF: 3.94
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.
Tongcheng Travel Holdings's PE Ratio (TTM) for today is calculated as:
Tongcheng Travel Holdings's share price for today is $2.80.
Tongcheng Travel Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.149.
* 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.
Tongcheng Travel Holdings EV-to-OCF Related Terms
Tongcheng Travel Holdings 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 Travel Services subindustry, Tongcheng Travel Holdings'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.
Tongcheng Travel Holdings EV-to-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Tongcheng Travel Holdings's EV-to-OCF falls into.
Tongcheng Travel Holdings's current Enterprise Value is $3,007 Mil.
Tongcheng Travel Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $765 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.
Tongcheng Travel Holdings (TNGCF) has a EV-to-OCF of 3.93 as of Aug. 23, 2026. This is 61% below median its historical median of 10.03. According to the industry distribution chart, Tongcheng Travel Holdings ranks #235 out of 855 companies in the Travel & Leisure industry, placing it in the top 27.5%.
Is Tongcheng Travel Holdings' EV-to-OCF too high?
Tongcheng Travel Holdings' current EV-to-OCF of 3.93 is 61% below median its 10-year median of 10.03. The Travel & Leisure industry median EV-to-OCF is 9.19. Tongcheng Travel Holdings' value of 3.93 is 57.2% below this industry median. Based on the distribution chart, Tongcheng Travel Holdings ranks #235 out of 855 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Tongcheng Travel Holdings has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Tongcheng Travel Holdings' EV-to-OCF compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Tongcheng Travel Holdings ranks #235 out of 855 companies for EV-to-OCF. This puts Tongcheng Travel Holdings in the upper half of its industry. The industry median EV-to-OCF is 9.19. Tongcheng Travel Holdings' value of 3.93 is 57.2% below this benchmark. While the company's 10-year median is 10.03 vs. the industry median of 9.19, Tongcheng Travel Holdings 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 a Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.19, based on 855 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. Tongcheng Travel Holdings's current EV-to-OCF of 3.93 is 57.2% 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 Travel & Leisure industry, the median EV-to-OCF is 9.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tongcheng Travel Holdings's current EV-to-OCF is 3.93, which is 61% below median its own 10-year median of 10.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongcheng Travel Holdings stock overvalued right now?
Tongcheng Travel Holdings (TNGCF) has a current EV-to-OCF of 3.93. The stock's GF Value™ is $5.40, compared to a current price of $2.80 — trading 48.1% below its estimated fair value. The current EV-to-OCF is 3.93, which is 61% below median its 10-year median of 10.03 and 57.2% below the Travel & Leisure industry median of 9.19. Tongcheng Travel Holdings' overall GF Score™ is 87/100 with 3 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 Tongcheng Travel Holdings (TNGCF), the current EV-to-OCF is 3.93 as of Aug. 23, 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 Tongcheng Travel Holdings (TNGCF) Overvalued in 2026?
Based on GuruFocus' analysis, Tongcheng Travel Holdings stock appears to be undervalued.
The current stock price of $2.80 is trading 48.1% below its estimated GF Value™ of $5.40.
Key valuation signals for TNGCF:
EV-to-OCF: 3.93 (61% below median its 10-year median of 10.03)
GF Value™: $5.40 vs. price of $2.80 (48.1% below fair value)
Industry Position: 57.2% below the Travel & Leisure median (#235 of 855)
No single metric tells the full story. See the TNGCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 84% of its revenue from accommodation reservations and transportation ticketing in 2023. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers and travel kiosks. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.
87GF Score
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