Dividend 15 Split (TSX:DFN) EV-to-OCF: -5.95 (As of Aug. 06, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

TSX:DFN Dividend 15 Split Corp TSX:DFN
34 GF Score
Price C$9.51
! 6 Warning Signs
View Full Analysis

What is Dividend 15 Split EV-to-OCF?

Dividend 15 Split TSX:DFN +0.21% 34 EV-to-OCF is -5.95 as of Aug. 06, 2026. GuruFocus rates TSX:DFN with a GF Score™ of 34/100. The stock has 6 warning signs investors should review. Among 1,509 Asset Management companies, Dividend 15 Split ranks better than 70.84% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Dividend 15 Split's Enterprise Value is C$1,286.7 Mil. Dividend 15 Split's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was C$-216.4 Mil. Therefore, Dividend 15 Split's EV-to-OCF for today is -5.95.

The historical rank and industry rank for Dividend 15 Split's EV-to-OCF or its related term are showing as below:

TSX:DFN' s EV-to-OCF Range Over the Past 10 Years
Min: -25.88   Med: -3.14   Max: 249.94
Current: -5.98

During the past 13 years, the highest EV-to-OCF of Dividend 15 Split was 249.94. The lowest was -25.88. And the median was -3.14.

TSX:DFN's EV-to-OCF is ranked better than
70.84% of 1509 companies
in the Asset Management industry
Industry Median: 6.2 vs TSX:DFN: -5.98

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.

As of today (2026-08-06), Dividend 15 Split's stock price is C$9.51. Dividend 15 Split's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was C$3.760. Therefore, Dividend 15 Split's PE Ratio (TTM) for today is 2.53.


Dividend 15 Split  (TSX:DFN) 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.

Dividend 15 Split's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=9.51/3.760
=2.53

Dividend 15 Split's share price for today is C$9.51.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dividend 15 Split's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in May. 2026 was C$3.760.

* 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.


Dividend 15 Split EV-to-OCF Related Terms


Dividend 15 Split EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Dividend 15 Split'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.

Dividend 15 Split EV-to-OCF Chart

Dividend 15 Split Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
EV-to-OCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.41 9.05 -3.07 225.54 -20.16

Dividend 15 Split Semi-Annual Data
Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25 May26
EV-to-OCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 225.54 0.00 -20.16 0.00

TSX:DFN vs BLK, BX, KKR: EV-to-OCF Comparison

For the Asset Management subindustry, Dividend 15 Split'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.


Dividend 15 Split EV-to-OCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend 15 Split's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Dividend 15 Split's EV-to-OCF falls into.


TSX:DFN
34GF Score
Dividend 15 Split Corp TSX:DFN
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dividend 15 Split EV-to-OCF Calculation

Dividend 15 Split's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=1286.705/-216.351
=-5.95

Dividend 15 Split's current Enterprise Value is C$1,286.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Dividend 15 Split's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was C$-216.4 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.

Frequently Asked Questions Learn more about EV-to-OCF →
What does a EV-to-OCF of -5.95 mean?
Dividend 15 Split (TSX:DFN) has a EV-to-OCF of -5.95 as of Aug. 06, 2026. According to the industry distribution chart, Dividend 15 Split ranks #440 out of 1509 companies in the Asset Management industry, placing it in the top 29.2%.
Is Dividend 15 Split's EV-to-OCF too high?
Dividend 15 Split's current EV-to-OCF is -5.95. Based on the distribution chart, Dividend 15 Split ranks #440 out of 1509 companies in the Asset Management industry, which is above the industry midpoint. Overall, Dividend 15 Split has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Dividend 15 Split's EV-to-OCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend 15 Split ranks #440 out of 1509 companies for EV-to-OCF. This puts Dividend 15 Split in the upper half of its industry. The industry median EV-to-OCF is 6.20. 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. 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. Dividend 15 Split's current EV-to-OCF is -5.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend 15 Split stock overvalued right now?
Dividend 15 Split (TSX:DFN) has a current EV-to-OCF of -5.95. The current EV-to-OCF is -5.95. Dividend 15 Split's overall GF Score™ is 34/100 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 Dividend 15 Split (TSX:DFN), the current EV-to-OCF is -5.95 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.

Dividend 15 Split Business Description

Other Exchanges DFN.PR.A.PFD:Canada
Address 200 Front Street West, Suite 2510, P.O Box. 51, Toronto, ON, CAN, M5V 3K2
Dividend 15 Split Corp is a Canadian mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend-yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are, to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.
34GF Score

Get the complete analysis for TSX:DFN

EV-to-OCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$9.51
Price